Financial Survey: Canaan (NASDAQ:CAN) vs. Sigma Designs (OTCMKTS:SIGM)

Canaan (NASDAQ:CANGet Free Report) and Sigma Designs (OTCMKTS:SIGMGet Free Report) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, profitability, dividends, risk, analyst recommendations, earnings and institutional ownership.

Institutional & Insider Ownership

70.1% of Canaan shares are owned by institutional investors. 0.3% of Canaan shares are owned by insiders. Comparatively, 4.5% of Sigma Designs shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Canaan and Sigma Designs’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Canaan -192.95% -75.57% -57.68%
Sigma Designs N/A N/A N/A

Analyst Recommendations

This is a summary of recent recommendations and price targets for Canaan and Sigma Designs, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan 0 0 2 0 3.00
Sigma Designs 0 0 0 0 N/A

Canaan currently has a consensus target price of $4.25, indicating a potential upside of 312.62%. Given Canaan’s higher probable upside, analysts plainly believe Canaan is more favorable than Sigma Designs.

Volatility & Risk

Canaan has a beta of 3.11, meaning that its share price is 211% more volatile than the S&P 500. Comparatively, Sigma Designs has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500.

Valuation & Earnings

This table compares Canaan and Sigma Designs’ top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Canaan $191.34 million 1.51 -$414.15 million ($2.05) -0.50
Sigma Designs $65.90 million N/A -$120.04 million N/A N/A

Sigma Designs has lower revenue, but higher earnings than Canaan.

About Canaan

(Get Free Report)

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has operations in the United States, Australia, Kazakhstan, Hong Kong, Canada, Mainland China, Thailand, Sweden, and internationally. Canaan Inc. was founded in 2013 and is based in Singapore.

About Sigma Designs

(Get Free Report)

Sigma Designs, Inc., an integrated system-on-chip solutions provider, provides intelligent platforms for use in the home entertainment, and home and industrial control appliances. The company offers mobile Internet of Things solutions used primarily for tracking applications, such as small tags that can be attached to track pets, keys, children, luggage, and vehicles. It also offers legacy products; and software development kits and engineering support services for hardware and software. The company markets and sells its products through direct sales force, manufacturer representatives, distributors, and resellers to end-product manufacturers, original equipment manufacturers, and original design manufacturers in Asia, North America, Europe, and internationally. Sigma Designs, Inc. was founded in 1982 and is headquartered in Fremont, California.

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