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Canoo Inc Ordinary Shares - Class A GOEV

Morningstar Rating
$2.85 −0.15 (5.00%)
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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.

Price vs Fair Value

GOEV is trading at a 71% discount.
Price
$2.97
Fair Value
$45.35
Uncertainty
Extreme
1-Star Price
$242.86
5-Star Price
$3.22
Economic Moat
Tlvl
Capital Allocation
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News

Trading Information

Previous Close Price
$3.00
Day Range
$2.753.10
52-Week Range
$1.2219.50
Bid/Ask
$2.80 / $2.83
Market Cap
$183.75 Mil
Volume/Avg
3.6 Mil / 9.3 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
84.83
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

Comparables

Valuation

Metric
GOEV
FSRN
RIVN
Price/Earnings (Normalized)
Price/Book Value
0.460.380.90
Price/Sales
84.830.111.89
Price/Cash Flow
Price/Earnings
GOEV
FSRN
RIVN

Financial Strength

Metric
GOEV
FSRN
RIVN
Quick Ratio
0.030.673.83
Current Ratio
0.181.684.95
Interest Coverage
−53.55−25.25−26.06
Quick Ratio
GOEV
FSRN
RIVN

Profitability

Metric
GOEV
FSRN
RIVN
Return on Assets (Normalized)
−47.18%−27.79%−26.68%
Return on Equity (Normalized)
−107.79%−105.25%−39.84%
Return on Invested Capital (Normalized)
−78.56%−38.58%−32.39%
Return on Assets
GOEV
FSRN
RIVN
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