Canoo, Inc.

How big is Canoo, Inc.?

As of Jun 18, Canoo, Inc. has a market capitalization of 1.74 million, with net sales of 1.86 million and a net profit of -140.84 million over the latest four quarters. The company reported shareholder's funds of 249.58 million and total assets of 542.00 million as of Dec 23.

Market Cap: As of Jun 18, Canoo, Inc. has a market capitalization of 1.74 million, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Canoo, Inc. reported net sales of 1.86 million and a net profit of -140.84 million.<BR><BR>Balance Sheet Snapshot: As of Dec 23, the company reported shareholder's funds of 249.58 million and total assets of 542.00 million.

What does Canoo, Inc. do?

Canoo, Inc. is a micro-cap company in the automobile industry, reporting net sales of $1 million and a net profit of $3 million for Q3 2024. It has a market cap of $1.74 million, with key metrics indicating a loss-making status and a debt-to-equity ratio of 0.17.

Overview: <BR>Canoo, Inc. operates in the automobiles industry and is categorized as a micro-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1 Million (Quarterly Results - Sep 2024) <BR>Most recent Net Profit: 3 Million (Quarterly Results - Sep 2024) <BR>Market cap: USD 1.74 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.17 <BR>Return on Equity: -66.29% <BR>Price to Book: 0.01 <BR><BR>Contact Details: <BR>Registrar Address: Not available.

Should I buy, sell or hold Canoo, Inc.?

Is Canoo, Inc. overvalued or undervalued?

As of August 14, 2024, Canoo, Inc. is considered "risky" and overvalued due to poor financial metrics, including a Price to Book Value of 0.01 and an EV to EBITDA of -0.20, alongside significant underperformance compared to peers and the S&P 500.

As of 14 August 2024, Canoo, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial metrics. Key ratios include a Price to Book Value of 0.01, an EV to EBITDA of -0.20, and a ROCE of -82.17%. These figures indicate significant financial distress and a lack of profitability.<BR><BR>In comparison to its peers, Canoo's valuation stands out negatively. For instance, REV Group, Inc. has an attractive P/E ratio of 15.71, while Blue Bird Corp. maintains a fair P/E of 12.89. Canoo's EV to Sales ratio of 20.97 further highlights its overvaluation relative to its industry peers. Additionally, the company's stock has dramatically underperformed against the S&P 500, with a year-to-date return of -89.49%, reinforcing the notion that the stock is overvalued in its current state.

Is Canoo, Inc. technically bullish or bearish?

As of August 1, 2025, Canoo, Inc. shows a mildly bearish trend with mixed technical indicators, including mildly bullish MACD signals but bearish daily moving averages, and has significantly underperformed the S&P 500 with a year-to-date return of -99.86%.

As of 1 August 2025, the technical trend for Canoo, Inc. has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the daily moving averages are bearish, and the weekly KST and OBV are bearish as well. The Bollinger Bands show a sideways trend weekly and mildly bearish monthly, suggesting limited price movement. The RSI is bullish on a monthly basis but shows no signal weekly. Overall, the indicators present a mixed picture, leaning mildly bearish.<BR><BR>Canoo's performance has been significantly underwhelming compared to the S&P 500, with a year-to-date return of -99.86% versus the S&P's 12.22%, indicating severe underperformance over multiple time frames.