CANOO INC (GOEV)

US13803R2013 - Common Stock

0.0856  -0.01 (-9.23%)

After market: 0.0864 +0 (+0.93%)

Fundamental Rating

2

Taking everything into account, GOEV scores 2 out of 10 in our fundamental rating. GOEV was compared to 42 industry peers in the Automobiles industry. GOEV has a bad profitability rating. Also its financial health evaluation is rather negative. GOEV is quite expensive at the moment. It does show a decent growth rate.



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1

1. Profitability

1.1 Basic Checks

In the past year GOEV has reported negative net income.
GOEV had a negative operating cash flow in the past year.
GOEV had negative earnings in 4 of the past 5 years.
GOEV had a negative operating cash flow in each of the past 5 years.

1.2 Ratios

GOEV's Return On Assets of -27.63% is on the low side compared to the rest of the industry. GOEV is outperformed by 64.29% of its industry peers.
With a Return On Equity value of -65.15%, GOEV perfoms like the industry average, outperforming 45.24% of the companies in the same industry.
Industry RankSector Rank
ROA -27.63%
ROE -65.15%
ROIC N/A
ROA(3y)-73.45%
ROA(5y)-46.3%
ROE(3y)-142.74%
ROE(5y)-88.63%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

Looking at the Gross Margin, with a value of 9.50%, GOEV is in line with its industry, outperforming 47.62% of the companies in the same industry.
In the last couple of years the Gross Margin of GOEV has grown nicely.
The Profit Margin and Operating Margin are not available for GOEV so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 9.5%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.91%
GM growth 5YN/A

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1

2. Health

2.1 Basic Checks

GOEV does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, GOEV has more shares outstanding
GOEV has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GOEV is higher compared to a year ago.

2.2 Solvency

GOEV has an Altman-Z score of -5.97. This is a bad value and indicates that GOEV is not financially healthy and even has some risk of bankruptcy.
GOEV has a Altman-Z score of -5.97. This is in the lower half of the industry: GOEV underperforms 76.19% of its industry peers.
GOEV has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
GOEV's Debt to Equity ratio of 0.32 is in line compared to the rest of the industry. GOEV outperforms 52.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF N/A
Altman-Z -5.97
ROIC/WACCN/A
WACC5.55%

2.3 Liquidity

A Current Ratio of 0.14 indicates that GOEV may have some problems paying its short term obligations.
With a Current ratio value of 0.14, GOEV is not doing good in the industry: 95.24% of the companies in the same industry are doing better.
A Quick Ratio of 0.09 indicates that GOEV may have some problems paying its short term obligations.
The Quick ratio of GOEV (0.09) is worse than 95.24% of its industry peers.
Industry RankSector Rank
Current Ratio 0.14
Quick Ratio 0.09

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5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 75.92% over the past year.
The Revenue has grown by 258.96% in the past year. This is a very strong growth!
Measured over the past years, GOEV shows a very negative growth in Revenue. The Revenue has been decreasing by -29.70% on average per year.
EPS 1Y (TTM)75.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%101.45%
Revenue 1Y (TTM)258.96%
Revenue growth 3Y-29.7%
Revenue growth 5YN/A
Sales Q2Q%71.68%

3.2 Future

The Earnings Per Share is expected to grow by 15.36% on average over the next years. This is quite good.
GOEV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 221.58% yearly.
EPS Next Y78.53%
EPS Next 2Y36.19%
EPS Next 3Y24.7%
EPS Next 5Y15.36%
Revenue Next Year2015.54%
Revenue Next 2Y1370.88%
Revenue Next 3Y821.32%
Revenue Next 5Y221.58%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

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1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for GOEV. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for GOEV. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

GOEV's earnings are expected to grow with 24.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.19%
EPS Next 3Y24.7%

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0

5. Dividend

5.1 Amount

No dividends for GOEV!.
Industry RankSector Rank
Dividend Yield N/A

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CANOO INC

NASDAQ:GOEV (12/20/2024, 8:15:15 PM)

After market: 0.0864 +0 (+0.93%)

0.0856

-0.01 (-9.23%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)11-13 2024-11-13/amc
Earnings (Next)N/A N/A
Inst Owners16.04%
Inst Owner Change-48.14%
Ins Owners45.61%
Ins Owner Change2.32%
Market Cap8.90M
Analysts83.08
Price Target3.66 (4175.7%)
Short Float %14.46%
Short Ratio0.35
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)62.37%
Min EPS beat(2)22.18%
Max EPS beat(2)102.56%
EPS beat(4)3
Avg EPS beat(4)12.77%
Min EPS beat(4)-122.82%
Max EPS beat(4)102.56%
EPS beat(8)6
Avg EPS beat(8)18.3%
EPS beat(12)7
Avg EPS beat(12)9.3%
EPS beat(16)9
Avg EPS beat(16)4.2%
Revenue beat(2)0
Avg Revenue beat(2)-46.85%
Min Revenue beat(2)-58.65%
Max Revenue beat(2)-35.05%
Revenue beat(4)0
Avg Revenue beat(4)-60.65%
Min Revenue beat(4)-100%
Max Revenue beat(4)-35.05%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-35.64%
PT rev (3m)-35.64%
EPS NQ rev (1m)39.09%
EPS NQ rev (3m)39.09%
EPS NY rev (1m)32.63%
EPS NY rev (3m)35.91%
Revenue NQ rev (1m)-64.27%
Revenue NQ rev (3m)-64.27%
Revenue NY rev (1m)-2.33%
Revenue NY rev (3m)-2.33%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 4.78
P/FCF N/A
P/OCF N/A
P/B 0.04
P/tB 0.04
EV/EBITDA N/A
EPS(TTM)-3.71
EYN/A
EPS(NY)-1.54
Fwd EYN/A
FCF(TTM)-1.93
FCFYN/A
OCF(TTM)-1.63
OCFYN/A
SpS0.02
BVpS2.13
TBVpS2.13
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -27.63%
ROE -65.15%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 9.5%
FCFM N/A
ROA(3y)-73.45%
ROA(5y)-46.3%
ROE(3y)-142.74%
ROE(5y)-88.63%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.91%
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 227.54%
Cap/Sales 1686.42%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.14
Quick Ratio 0.09
Altman-Z -5.97
F-Score4
WACC5.55%
ROIC/WACCN/A
Cap/Depr(3y)952.5%
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)75.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%101.45%
EPS Next Y78.53%
EPS Next 2Y36.19%
EPS Next 3Y24.7%
EPS Next 5Y15.36%
Revenue 1Y (TTM)258.96%
Revenue growth 3Y-29.7%
Revenue growth 5YN/A
Sales Q2Q%71.68%
Revenue Next Year2015.54%
Revenue Next 2Y1370.88%
Revenue Next 3Y821.32%
Revenue Next 5Y221.58%
EBIT growth 1Y26.34%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year30.67%
EBIT Next 3Y19.57%
EBIT Next 5Y7.64%
FCF growth 1Y66.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y62.31%
OCF growth 3YN/A
OCF growth 5YN/A