Canna Global Acquisition Corp Valuation
| CNGLWDelisted Stock | USD 0.0003 0.00 0.00% |
Canna Global seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of Canna Global Acquisi from analyzing the firm fundamentals such as EBITDA of (1.34 M), total debt of 2.01 M, 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 Acquisi 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 Corp. 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 3.0E-4 | Real 2.85E-4 | Hype 3.75E-4 |
The intrinsic value of Canna Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Canna Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Canna Global Acquisition Corp 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 Corp is currently expected to have takeover price of 0 with market capitalization of 0, debt of 2.01 M, and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Canna Global fundamentals before making investing decisions based on enterprise value of the companyCanna 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 Corp 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 Corp shows how discouraging it operates for each dollar spent on its assets.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
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 bureau of economic analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Canna Stock
If you are still planning to invest in Canna Global Acquisi 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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