Black Spade Acquisition (NYSE:BSAQ – Get Rating) is one of 705 publicly-traded companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its competitors? We will compare Black Spade Acquisition to similar companies based on the strength of its profitability, valuation, institutional ownership, risk, dividends, analyst recommendations and earnings.
Profitability
This table compares Black Spade Acquisition and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Black Spade Acquisition | N/A | -56.06% | 3.17% |
Black Spade Acquisition Competitors | -58.78% | -66.95% | -1.84% |
Insider & Institutional Ownership
52.1% of Black Spade Acquisition shares are owned by institutional investors. Comparatively, 66.9% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 3.3% of Black Spade Acquisition shares are owned by company insiders. Comparatively, 18.6% of shares of all “Holding & other investment offices” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Black Spade Acquisition | 0 | 0 | 0 | 0 | N/A |
Black Spade Acquisition Competitors | 113 | 586 | 865 | 15 | 2.50 |
As a group, “Holding & other investment offices” companies have a potential upside of 48.84%. Given Black Spade Acquisition’s competitors higher probable upside, analysts plainly believe Black Spade Acquisition has less favorable growth aspects than its competitors.
Risk & Volatility
Black Spade Acquisition has a beta of 0.04, indicating that its share price is 96% less volatile than the S&P 500. Comparatively, Black Spade Acquisition’s competitors have a beta of 0.03, indicating that their average share price is 97% less volatile than the S&P 500.
Valuation & Earnings
This table compares Black Spade Acquisition and its competitors top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Black Spade Acquisition | N/A | $12.02 million | 41.28 |
Black Spade Acquisition Competitors | $1.91 billion | $30.31 million | 5.69 |
Black Spade Acquisition’s competitors have higher revenue and earnings than Black Spade Acquisition. Black Spade Acquisition is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
About Black Spade Acquisition
Black Spade Acquisition Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with companies in the entertainment industry worldwide. The company was incorporated in 2021 and is based in Central, Hong Kong.
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