Canaan Inc.

Canaan Inc.verified

CAN

Price:

$1.97

Market Cap:

$539.27M

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. Canaan Inc. was founded in 2013 and is based in Beijing, the People's Republic of China.[Read more]

Industry

Computer Hardware

IPO Date

2019-11-20

Stock Exchange

NASDAQ

Ticker

CAN

The Enterprise Value as of November 2024 (TTM) for Canaan Inc. (CAN) is 494.50M

According to Canaan Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 494.50M. This represents a change of 81.66% compared to the average of 272.21M of the last 4 quarters.

Canaan Inc. (CAN) Historical Enterprise Value (quarterly & annually)

How has CAN Enterprise Value performed in the past?

The mean historical Enterprise Value of Canaan Inc. over the last ten years is 3.44B. The current 494.50M Enterprise Value has changed 1.34% with respect to the historical average. Over the past ten years (40 quarters), CAN's Enterprise Value was at its highest in in the September 2019 quarter at 9.31B. The Enterprise Value was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

3.44B

Median

873.19M

Minimum

253.30M

Maximum

8.95B

Canaan Inc. (CAN) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Canaan Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 19.39%

Maximum Annual Enterprise Value = 8.95B

Minimum Annual Increase = -84.66%

Minimum Annual Enterprise Value = 253.30M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023302.41M19.39%
2022253.30M-45.55%
2021465.22M-46.72%
2020873.19M-84.66%
20195.69B-36.40%
20188.95B19.00%

Canaan Inc. (CAN) Average Enterprise Value

How has CAN Enterprise Value performed in the past?

The current Enterprise Value of Canaan Inc. (CAN) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

340.31M

5-year avg

1.52B

10-year avg

3.44B

Canaan Inc. (CAN) Enterprise Value vs. Peers

How is CAN’s Enterprise Value compared to its peers?

Canaan Inc.’s Enterprise Value is less than 3D Systems Corporation (508.09M), less than NetApp, Inc. (24.82B), greater than Rigetti Computing, Inc. (334.74M), less than Logitech International S.A. (10.49B), less than Stratasys Ltd. (633.13M), greater than Desktop Metal, Inc. (256.65M), less than HP Inc. (44.68B), greater than Nano Dimension Ltd. (260.86M), less than IonQ, Inc. (6.87B), less than D-Wave Quantum Inc. (681.72M), greater than Velo3D, Inc. (44.51M), less than Dell Technologies Inc. (125.03B), less than Super Micro Computer, Inc. (19.92B), less than Pure Storage, Inc. (16.24B),

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