Cango Inc. (CANG) Financial Ratios
9 years of historical data (2016–2024) · Consumer Cyclical · Auto - Dealerships
EV/EBITDA
↓
2.16
↓-78% vs avg
5yr avg: 9.96
30Y Low3.2·High10.0
P/FCF
N/A
—
5yr avg: 0.24
30Y Low0.2·High13.1
P/B Ratio
↓
0.37
↑+138% vs avg
5yr avg: 0.16
30Y Low0.1·High0.5
ROE
↓
7.6%
↓+7% vs avg
5yr avg: 7.1%
30Y Low-20%·High49%
Debt/EBITDA
↓
0.91
↓-79% vs avg
5yr avg: 4.37
30Y Low0.4·High7.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CANG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Cango Inc. trades at 5.1x earnings, 150% above its 5-year average of 2.0x, sitting at the 50th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.3x, the stock trades at a discount of 74%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $223M | $1.0B | $248M | $359M | $910M | $2.1B | $2.8B | $2.2B | — | — |
| Enterprise Value | $59M | $-94745023 | $-682152854 | $1.1B | $1.5B | $3.3B | $3.4B | $917M | — | — |
| P/E Ratio → | 5.06 | 3.41 | — | — | — | 0.63 | 7.10 | 7.35 | — | — |
| P/S Ratio | 1.89 | 1.27 | 0.15 | 0.18 | 0.23 | 1.04 | 1.93 | 2.04 | — | — |
| P/B Ratio | 0.37 | 0.25 | 0.06 | 0.08 | 0.13 | 0.25 | 0.51 | 0.42 | — | — |
| P/FCF | — | — | 0.24 | — | — | — | 7.31 | 13.09 | — | — |
| P/OCF | — | — | 0.24 | — | — | — | 6.57 | 12.07 | — | — |
P/E links to full P/E history page with 30-year chart
CANG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Cango Inc.'s enterprise value stands at 2.2x EBITDA, 78% below its 5-year average of 10.0x. The Consumer Cyclical sector median is 11.3x, placing the stock at a 81% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.12 | -0.40 | 0.53 | 0.38 | 1.59 | 2.35 | 0.84 | — | — |
| EV / EBITDA | 2.16 | -0.51 | — | — | — | 9.96 | 6.81 | 3.23 | — | — |
| EV / EBIT | 2.24 | -0.54 | -11.43 | — | 55.23 | 10.18 | 6.74 | 2.21 | — | — |
| EV / FCF | — | — | -0.67 | — | — | — | 8.90 | 5.38 | — | — |
CANG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Cango Inc. earns an operating margin of 22.2%, significantly above the Consumer Cyclical sector average of 2.9%. Operating margins have expanded from -47.8% to 22.2% over the past 3 years, signaling improving operational efficiency. ROE of 7.6% is modest. ROIC of 4.6% represents below-average returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.3% | 55.3% | 11.2% | 7.6% | 24.6% | 46.5% | 62.6% | 60.2% | 63.3% | 60.8% |
| Operating Margin | 22.2% | 22.2% | -4.3% | -47.8% | -0.6% | 15.5% | 33.7% | 25.4% | 44.7% | 42.5% |
| Net Profit Margin | 37.3% | 37.3% | -2.2% | -56.1% | -0.2% | 164.2% | 27.1% | 27.7% | 32.4% | 29.7% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.6% | 7.6% | -0.9% | -19.6% | -0.1% | 48.6% | 7.3% | 23.5% | — | — |
| ROA | 5.6% | 5.6% | -0.6% | -12.4% | -0.1% | 32.3% | 4.9% | 6.5% | 25.2% | 18.0% |
| ROIC | 4.6% | 4.6% | -1.4% | -11.3% | -0.2% | 3.1% | 7.3% | 65.6% | — | — |
| ROCE | 4.5% | 4.5% | -1.8% | -15.8% | -0.3% | 4.1% | 8.4% | 7.7% | 49.5% | 43.1% |
CANG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Cango Inc. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (79% below the sector average of 4.3x). The company holds a net cash position — cash of $1.3B exceeds total debt of $170M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 271.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.04 | 0.02 | 0.25 | 0.29 | 0.31 | 0.47 | 0.30 | — | — |
| Debt / EBITDA | 0.91 | 0.91 | — | — | — | 7.83 | 5.25 | 5.64 | 0.37 | 1.02 |
| Net Debt / Equity | — | -0.27 | -0.24 | 0.16 | 0.08 | 0.14 | 0.11 | -0.25 | — | — |
| Net Debt / EBITDA | -6.04 | -6.04 | — | — | — | 3.47 | 1.21 | -4.62 | -1.33 | 0.78 |
| Debt / FCF | — | — | -0.91 | — | — | — | 1.59 | -7.71 | -1.08 | 1.80 |
| Interest Coverage | 271.37 | 271.37 | -17.99 | -56.35 | -1.61 | 115.38 | 36.09 | 14.56 | 36.17 | 410.07 |
Net cash position: cash ($1.3B) exceeds total debt ($170M)
CANG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.88x means Cango Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.16x to 1.88x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.88 | 1.88 | 4.99 | 2.16 | 2.23 | 3.62 | 1.90 | 3.04 | 2.11 | 1.05 |
| Quick Ratio | 1.88 | 1.88 | 4.99 | 2.16 | 2.21 | 3.62 | 1.57 | 2.85 | 1.97 | 1.02 |
| Cash Ratio | 1.37 | 1.37 | 2.13 | 0.92 | 1.18 | 2.35 | 0.89 | 2.03 | 1.64 | 0.53 |
| Asset Turnover | — | 0.13 | 0.37 | 0.28 | 0.36 | 0.17 | 0.16 | 0.15 | 0.53 | 0.61 |
| Inventory Turnover | — | — | — | — | 48.26 | 113.29 | 0.56 | 1.45 | 5.34 | 20.00 |
| Days Sales Outstanding | — | 48.61 | 99.81 | 289.65 | 230.19 | 452.87 | 471.18 | 406.61 | 30.04 | 116.85 |
CANG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Cango Inc. returns 6.0% to shareholders annually primarily through share buybacks. The earnings yield of 19.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 100.0% | 88.8% | 12.6% | 7.9% | 1.2% | — | — |
| Payout Ratio | — | — | — | — | — | 7.9% | 56.1% | 8.9% | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 19.8% | 29.3% | — | — | — | 158.4% | 14.1% | 13.6% | — | — |
| FCF Yield | — | — | 413.2% | — | — | — | 13.7% | 7.6% | — | — |
| Buyback Yield | 6.0% | 8.9% | 99.6% | 29.5% | 48.8% | 2.3% | 0.7% | 0.0% | — | — |
| Total Shareholder Yield | 6.0% | 8.9% | 99.6% | 100.0% | 100.0% | 14.9% | 8.6% | 1.2% | — | — |
| Shares Outstanding | — | $466M | $486M | $548M | $580M | $608M | $607M | $562M | $506M | $506M |
Peer Comparison
Compare CANG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CANGYou | $223M | 5.1 | 2.2 | — | 55.3% | 22.2% | 7.6% | 4.6% | 0.9 |
 AUTL | $418M | -1.9 | — | — | -1293.5% | -2385.6% | -81.9% | -204.1% | — |
 CAAS | $134M | 3.1 | 2.7 | 1.9 | 19.0% | 7.8% | 10.2% | 8.8% | 2.8 |
 UXIN | $21M | -0.5 | — | — | 6.8% | -11.7% | — | -11.2% | — |
 CPNG | $38B | 188.7 | 52.5 | 71.9 | 29.4% | 1.4% | 4.8% | 14.5% | 6.8 |
 LPSN | $26M | -0.2 | — | — | 71.5% | -32.3% | — | -22.3% | — |
 TREE | $563M | 3.8 | 8.8 | 9.3 | 94.3% | 7.3% | 76.5% | 9.0% | 4.2 |
 OPEN | $5B | -3.1 | — | 4.8 | 8.0% | -6.6% | -151.3% | -16.6% | — |
 CARS | $654M | 34.9 | 3.9 | 4.4 | 83.0% | 8.3% | 4.1% | 6.8% | — |
 KAR | $3B | 16.7 | 14.6 | 8.7 | 46.2% | 10.2% | 12.3% | 6.9% | 4.9 |
 BIDU | $44B | 13.1 | 9.9 | 23.0 | 50.3% | 16.0% | 8.7% | 4.8% | 2.2 |
| Consumer Cyclical Median | — | 19.3 | 11.3 | 14.6 | 37.9% | 2.9% | 5.8% | 5.8% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonCANG — Frequently Asked Questions
Quick answers to the most common questions about buying CANG stock.
What is Cango Inc.'s P/E ratio?
Cango Inc.'s current P/E ratio is 5.1x. The historical average is 4.6x. This places it at the 50th percentile of its historical range.
What is Cango Inc.'s EV/EBITDA?
Cango Inc.'s current EV/EBITDA is 2.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.7x.
What is Cango Inc.'s ROE?
Cango Inc.'s return on equity (ROE) is 7.6%. The historical average is 9.5%.
Is CANG stock overvalued?
Based on historical data, Cango Inc. is trading at a P/E of 5.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Cango Inc.'s profit margins?
Cango Inc. has 55.3% gross margin and 22.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Cango Inc. have?
Cango Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.