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Investcorp Europe Acquisition I Corp (IVCB)IVCB
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Upturn Advisory Summary
11/20/2024: IVCB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 20.37% | Upturn Advisory Performance 3 | Avg. Invested days: 315 |
Profits based on simulation | Stock Returns Performance 3 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 20.37% | Avg. Invested days: 315 |
Upturn Star Rating | Stock Returns Performance 3 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 207.66M USD |
Price to earnings Ratio 52.41 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.22 |
Volume (30-day avg) 138263 | Beta - |
52 Weeks Range 10.41 - 11.72 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 207.66M USD | Price to earnings Ratio 52.41 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.22 | Volume (30-day avg) 138263 | Beta - |
52 Weeks Range 10.41 - 11.72 | Updated Date 11/20/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -3.83% | Return on Equity (TTM) - |
Valuation
Trailing PE 52.41 | Forward PE - |
Enterprise Value 221830339 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA 696.96 |
Shares Outstanding 18010700 | Shares Floating 7392125 |
Percent Insiders 87.19 | Percent Institutions 53.91 |
Trailing PE 52.41 | Forward PE - | Enterprise Value 221830339 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA 696.96 | Shares Outstanding 18010700 | Shares Floating 7392125 |
Percent Insiders 87.19 | Percent Institutions 53.91 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Investcorp Europe Acquisition I Corp (NYSE: IVACU)
Company Profile:
Detailed History and Background:
Investcorp Europe Acquisition I Corp (IVACU) is a special purpose acquisition company (SPAC) formed in 2021. SPACs raise capital in an IPO but have no operations and seek to identify a target company for acquisition within a predetermined timeframe. IVACU was formed by Investcorp and is focused on European acquisitions in the financial services industry.
Core Business Areas:
IVACU has no current operations and is actively searching for an acquisition target in the financial services industry.
Leadership Team and Corporate Structure:
The leadership team includes experienced individuals from Investcorp:
- Executive Chairman, Yusef Al Yusef: Has over 25 years of experience in financial services and private equity
- CEO, Mohamed A. Alardhi: Also CEO of BahInvest, with experience in investment banking and private equity
- COO, Michael Smith: Former CFO of Barclays and CEO of BHF
- President, Robert Le Blanc: Former Chairman of BHF and COO of Barclays
Top Products and Market Share:
As a SPAC, IVACU has no products or market share at present.
Total Addressable Market:
The global financial services market is expected to reach $27.8 trillion by 2025, encompassing a wide range of sectors including banking, insurance, investment management, and more.
Financial Performance:
As a SPAC with no active operations, IVACU has no revenue or financial data to analyze.
Dividends and Shareholder Returns:
IVACU does not currently pay dividends as it does not hold any operating businesses.
Shareholder returns: Since its IPO, IVACU’s stock price has seen fluctuations.
Growth Trajectory:
As a young SPAC, IVACU’s long-term growth is dependent on the success of its yet-to-be-announced target acquisition.
Market Dynamics:
The European financial services market is highly competitive and subject to regulatory changes, technological disruption, and economic fluctuations.
Competitors:
While not directly comparable, competitors in the SPAC space include:
- AJAX I (AJAX)
- Churchill Capital VII (CCVII)
- Gores Holdings VII (GRES)
Potential Challenges and Opportunities:
Key Challenges:
- Identifying and closing a suitable acquisition within the timeframe.
- Integrating the acquired business successfully and achieving projected returns.
- Navigating a complex and competitive financial services landscape.
Potential Opportunities:
- Benefitting from Investcorp’s strong network and experience in the industry.
- Leveraging favorable market conditions to identify attractive acquisition targets.
- Capitalizing on potential consolidation trends in the European financial services sector.
Recent Acquisitions:
IVACU has not completed any acquisitions as of November 7, 2023.
AI-Based Fundamental Rating:
While IVACU's fundamental rating cannot be precisely assessed without information about a potential acquisition target, several factors may contribute to its future performance:
Positive Factors:
- Experienced leadership team with a strong track record.
- Focus on the attractive European financial services market.
- Ample financial resources from the IPO.
Negative Factors:
- Lack of current operations and revenue generation.
- Uncertainty regarding target selection and post-acquisition success.
- Exposure to competition and market volatility.
Conclusion:
Disclaimer: This information should not be interpreted as financial advice. It is crucial to conduct further research and consider your own risk tolerance before making any investment decisions.
Sources:
- Investcorp Investor Presentation: https://ir.investcorpac.com/
- SEC Filings: https://www.sec.gov/edgar/search/
- MarketScreener: https://www.marketscreener.com/
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Investcorp Europe Acquisition I Corp
Exchange | NASDAQ | Headquaters | - |
IPO Launch date | 2022-02-04 | CEO | - |
Sector | Financial Services | Website | https://investcorp.prod-use1.investis.com/eu1 |
Industry | Shell Companies | Full time employees | - |
Headquaters | - | ||
CEO | - | ||
Website | https://investcorp.prod-use1.investis.com/eu1 | ||
Website | https://investcorp.prod-use1.investis.com/eu1 | ||
Full time employees | - |
Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors. The company was formerly known as Investcorp Asia Acquisition Corp I and changed its name to Investcorp Europe Acquisition Corp I in October 2021. Investcorp Europe Acquisition Corp I was incorporated in 2021 and is based in George Town, the Cayman Islands.
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