Company Valuation: Canaan Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 5,586 2,411 2,802 4,747 3,154 -
Change - -56.84% 16.2% 69.43% -33.57% -
Enterprise Value (EV) 5,586 2,411 2,802 4,747 3,154 3,154
Change - -56.84% 16.2% 69.43% -33.57% 0%
P/E ratio 41.8x 55.7x -0.94x -2.24x -4.81x 3.45x
PBR - - - - - -
PEG - -0.8x 0x 0x 0.1x -0x
Capitalization / Revenue - 0.55x 1.84x 2.43x 0.86x 0.51x
EV / Revenue - 0x 0x 0x 0.86x 0.51x
EV / EBITDA - 0x - -0x -5x 3.11x
EV / EBIT - 0x -0x -0x -5.88x 4.1x
EV / FCF - -1.35x - -2.98x - -
FCF Yield - -0% - -0% - -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.782 0.2553 -17.35 -6.678 -1.425 1.988
Distribution rate - - - - - -
Net sales 1 - 4,379 1,522 1,955 3,655 6,243
EBITDA 1 - 531.1 - -518.9 -630.6 1,015
EBIT 1 - 557.8 -2,957 -1,649 -536.1 769.6
Net income 1 2,000 658.2 -2,981 -1,813 -783.7 741.7
Net Debt - - - - - -
Reference price 2 32.716 14.208 16.380 14.963 6.850 6.850
Nbr of stocks (in thousands) 170,748 169,701 171,046 317,253 460,361 -
Announcement Date 03/03/22 07/03/23 27/02/24 26/03/25 - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.81x - - - 439M
78.28x13.31x32.81x-.--% 105B
-130.97x - - - 6.02B
153.46x8.5x16.7x-.--% 4.37B
9.84x9.85x45.32x-.--% 4.01B
67.22x - - - 1.05B
13.03x - - - 423M
Average 26.58x 10.56x 31.61x 0% 17.28B
Weighted average by Cap. 67.68x 13.00x 32.63x 0%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  3. CAN Stock
  4. Valuation Canaan Inc.