Canaan Inc. Sponsored ADR (CAN) vs Velo3D, Inc. (VELO)

Canaan Inc. Sponsored ADR and Velo3D, Inc. are both Computer Hardware companies. Velo3D, Inc. is the larger, with a market value of $354.3M against $288.6M — 1.2× the size. Velo3D, Inc. grew revenue faster over the last twelve months: 31.5% against 27.8%. Canaan Inc. Sponsored ADR has the higher net margin (−67.8% vs −89.6%) and the higher return on invested capital (−33.8% vs −49.0%). Across the 18 metrics below, Velo3D, Inc. leads on 12 and Canaan Inc. Sponsored ADR on 6.

Valuation

Metric CAN VELO Computer Hardware median
P/E n/m n/m 20.64
P/S 0.62 5.78 2.95
P/B 0.94 2.27 2.78
Price to free cash flow n/m n/m 25.64
EV/EBITDA n/m n/m 20.51
EV/Sales 0.60 4.33 3.48
Earnings yield (115.79%) (21.17%) (4.08%)
Free cash flow yield (222.98%) (17.65%) (2.90%)

Profitability

Metric CAN VELO Computer Hardware median
Gross margin (4.77%) 0.54% 37.84%
Operating margin (34.73%) (86.53%) (0.80%)
Net margin (67.78%) (89.63%) (14.15%)
Free cash flow margin (138.85%) (101.92%) 0.00%
Return on equity (97.07%) (61.39%) (2.10%)
Return on assets (57.61%) (37.02%) (0.42%)
Return on invested capital (33.75%) (48.97%) 0.00%

Growth

Metric CAN VELO Computer Hardware median
Revenue growth (TTM) 27.78% 31.52% 27.21%
EPS growth (last fiscal year) 51.09% 94.99% —
Revenue growth, 5-year CAGR (7.51%) 19.36% 0.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CAN VELO Computer Hardware median
Debt to equity 0.20 0.06 0.00
Current ratio 2.86 6.33 2.76
Net debt to EBITDA 0.49 0.16 0.46

Dividend

Metric CAN VELO Computer Hardware median
Dividend yield — — 2.47%
Payout ratio 0.00 0.00 0.00

Size

Metric CAN VELO Computer Hardware median
Market cap 288.57m 354.28m 462.08m

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