Canna Global Acquisition Valuation
| CNGLDelisted Stock | USD 11.41 0.40 3.63% |
At this time, the firm appears to be overvalued. Canna Global Acquisition shows a prevailing Real Value of $9.49 per share. The current price of the firm is $11.41. Our model approximates the value of Canna Global Acquisition from analyzing the firm fundamentals such as Shares Outstanding of 2.7 M, shares owned by institutions of 6.69 %, and Return On Asset of -0.0428 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Canna Global's price fluctuation is very steady at this time. Calculation of the real value of Canna Global Acquisition is based on 3 months time horizon. Increasing Canna Global's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Canna stock is determined by what a typical buyer is willing to pay for full or partial control of Canna Global Acquisition. Since Canna Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Canna Stock. However, Canna Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.41 | Real 9.49 | Hype 11.41 |
The intrinsic value of Canna Global's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Canna Global's stock price.
Estimating the potential upside or downside of Canna Global Acquisition helps investors to forecast how Canna stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Canna Global more accurately as focusing exclusively on Canna Global's fundamentals will not take into account other important factors: Canna Global Total Value Analysis
Canna Global Acquisition is currently forecasted to have valuation of 88.61 M with market capitalization of 88.1 M, debt of 2.01 M, and cash on hands of 36.03 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Canna Global fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
88.61 M | 88.1 M | 2.01 M | 36.03 K |
Canna Global Asset Utilization
One of the ways to look at asset utilization of Canna is to check how much profit was generated for every dollar of assets it reports. Canna Global Acquisition shows a negative utilization of assets of -0.0428 percent, losing $4.28E-4 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Canna Global Acquisition shows how discouraging it operates for each dollar spent on its assets.Canna Global Ownership Allocation
Canna Global Acquisition shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 93.31 percent of Canna Global Acquisition outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event.Canna Global Profitability Analysis
Net Loss for the year was (348.23 K) with profit before overhead, payroll, taxes, and interest of 0.About Canna Global Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Canna Global Acquisition. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Canna Global Acquisition based exclusively on its fundamental and basic technical indicators. By analyzing Canna Global's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Canna Global's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Canna Global. We calculate exposure to Canna Global's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Canna Global's related companies.Canna-Global Acquisition Corp intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Marina Del Rey, California. Canna-Global Acquisition is traded on NASDAQ Exchange in the United States.
Canna Global Growth Indicators
Investing in growth stocks can be very risky. If the company such as Canna Global does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 8.9 M | |
| Quarterly Earnings Growth Y O Y | -0.853 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Canna Stock
If you are still planning to invest in Canna Global Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canna Global's history and understand the potential risks before investing.
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