Canoo Inc Ordinary Shares - Class A GOEV
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if GOEV is a good fit for your portfolio.
News
-
Canoo Further Expands its International Market Presence through the Red Sea Global Partnership in the Kingdom of Saudi Arabia
-
Canoo to Present at LD Micro Conference April 8-9
-
INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Canoo Inc. to Contact Law Firm
-
Presenting on the Emerging Growth Conference 69 Day 2 on April 4 Register Now
-
Presenting on the Emerging Growth Conference 69 Day 1 on April 3 Register Now
-
Canoo Enters a $30 Billion Market with Multiple Commercial Vehicle Sales in Saudi Arabia
-
Canoo's downbeat forecast sends stock tumbling, in latest EV setback
-
Canoo Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Trading Information
- Previous Close Price
- $2.70
- Day Range
- $2.70–2.83
- 52-Week Range
- $1.22–19.50
- Bid/Ask
- $2.76 / $2.78
- Market Cap
- $178.59 Mil
- Volume/Avg
- 2.3 Mil / 9.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 76.34
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Canoo Inc is a mobility technology company providing with a proprietary modular electric vehicle platform and connected services initially focused on commercial fleet, government and military customers. The Company has developed a breakthrough EV platform that it believes will enable it to rapidly iterate and bring new products, addressing multiple use cases, to market faster than competition and at lower cost.
- Sector
- Consumer Cyclical
- Industry
- Auto Manufacturers
- Stock Style Box
- Small Value
- Total Number of Employees
- 817
- Website
- https://www.canoo.com
Comparables
Valuation
|
Metric
|
GOEV
|
FSRN
|
RIVN
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | — |
Price/Book Value | 0.42 | — | 0.92 |
Price/Sales | 76.34 | 0.07 | 1.93 |
Price/Cash Flow | — | — | — |
Price/Earnings
GOEV
FSRN
RIVN
Financial Strength
|
Metric
|
GOEV
|
FSRN
|
RIVN
|
|---|---|---|---|
Quick Ratio | 0.03 | 0.67 | 3.83 |
Current Ratio | 0.18 | 1.68 | 4.95 |
Interest Coverage | −53.55 | −25.25 | −26.06 |
Quick Ratio
GOEV
FSRN
RIVN
Profitability
|
Metric
|
GOEV
|
FSRN
|
RIVN
|
|---|---|---|---|
Return on Assets (Normalized) | −47.18% | −26.99% | −26.68% |
Return on Equity (Normalized) | −107.79% | −154.45% | −39.84% |
Return on Invested Capital (Normalized) | −78.56% | −39.70% | −32.39% |
Return on Assets
GOEV
FSRN
RIVN
Auto Manufacturers Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
TSLA
| Tesla Inc | Qhvyjynd | Gthpfdx | $536.7 Bil | |
TM
| Toyota Motor Corp ADR | Qrwfryw | Ldxv | $303.9 Bil | |
MBGAF
| Mercedes-Benz Group AG | Bhqdgdpc | Qhgvz | $83.8 Bil | |
RACE
| Ferrari NV | Fymqvvtx | Bfgr | $74.4 Bil | |
STLA
| Stellantis NV | Ywndzkxkd | Kmc | $73.5 Bil | |
BMWYY
| Bayerische Motoren Werke AG ADR | Qdkmsjpjr | Ynggd | $72.4 Bil | |
VWAGY
| Volkswagen AG ADR | Qqbtmrbl | Wpzr | $70.7 Bil | |
VWAPY
| Volkswagen AG ADR | Nsctnsbk | Ynsv | $70.7 Bil | |
HMC
| Honda Motor Co Ltd ADR | Zlslzgqp | Wbh | $54.2 Bil | |
GM
| General Motors Co | Yrdtgwx | Jby | $51.4 Bil |