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OCA Acquisition Corp (OCAX)
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Upturn Advisory Summary
01/13/2025: OCAX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 11.4% | Avg. Invested days 130 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance 4.0 | Stock Returns Performance 2.0 |
Profits based on simulation | Last Close 01/13/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 77.26M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 439 | Beta -0.01 | 52 Weeks Range 10.82 - 12.10 | Updated Date 01/14/2025 |
52 Weeks Range 10.82 - 12.10 | Updated Date 01/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.23 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -5.71% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 81397220 | Price to Sales(TTM) - |
Enterprise Value 81397220 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -71.81 | Shares Outstanding 3298440 | Shares Floating 2998435 |
Shares Outstanding 3298440 | Shares Floating 2998435 | ||
Percent Insiders - | Percent Institutions 56.05 |
AI Summary
OCA Acquisition Corp. - A Comprehensive Overview
Company Profile
History and Background: OCA Acquisition Corp. (OCA) is a publicly traded Special Purpose Acquisition Company (SPAC) that was incorporated in Delaware in March 2021. OCA raised $230 million through its initial public offering (IPO) in April 2021. The company's management team is led by experienced executives with a proven track record in identifying and acquiring high-growth businesses.
Core Business Areas: OCA's primary focus is on identifying and acquiring a target company in the technology-enabled services or the healthcare sectors. The company aims to leverage its management team's expertise to identify and acquire a company with significant growth potential, unlock shareholder value, and generate attractive returns for its investors.
Leadership Team and Corporate Structure: OCA's leadership team includes experienced professionals with extensive experience in mergers and acquisitions, operational management, and capital markets. The team is led by Chairman and CEO Michael Minikes, who has a successful track record in building and leading technology companies. The company's corporate structure is designed to ensure efficient decision-making and effective execution of its business plan.
Top Products and Market Share: As a SPAC, OCA does not have any products or services of its own. Its primary focus is on identifying and acquiring a target company. However, based on the company's stated focus on technology-enabled services and healthcare, its potential product offerings could fall within these sectors.
Market Share: As a SPAC, OCA does not have a market share in any specific industry. However, the company's target market for acquisitions is the technology-enabled services and healthcare sectors, which are large and growing markets with significant potential for future growth.
Product Performance and Market Reception: OCA's product performance and market reception are not currently applicable as the company has not yet acquired a target company. However, the company's initial public offering was well-received by investors, suggesting strong market confidence in the team's ability to identify and acquire a successful target company.
Total Addressable Market: The total addressable market for technology-enabled services and healthcare is vast, encompassing a wide range of industries and businesses. The global market for technology-enabled services is expected to reach approximately $1.8 trillion by 2025, while the global healthcare market is expected to reach $11.9 trillion by 2025.
Financial Performance: OCA's financial performance is currently limited as the company has not yet acquired a target company. However, the company has a strong balance sheet with approximately $230 million in cash and cash equivalents. The company's financial performance will be largely dependent on the target company it acquires and its subsequent performance.
Dividends and Shareholder Returns: OCA has not yet paid any dividends and has not generated any shareholder returns since its IPO in April 2021. However, the company's management team has stated its intention to return capital to shareholders in the future, potentially through dividends or stock buybacks.
Growth Trajectory: OCA's growth trajectory will be largely dependent on the target company it acquires and its subsequent performance. However, the company's management team is confident in its ability to identify and acquire a high-growth company that can generate significant long-term value for shareholders.
Market Dynamics: The technology-enabled services and healthcare sectors are both experiencing significant growth and disruption. The rise of digital technologies is transforming the way businesses operate and deliver services, while the healthcare sector is facing increasing demand for affordable and accessible care. OCA is positioned to capitalize on these trends by acquiring a company that is well-positioned to benefit from these changes.
Competitors: OCA's primary competitors are other SPACs focused on the technology-enabled services and healthcare sectors. Some of its key competitors include:
- Gores Holdings VI (GHVI)
- HealthCor Catalio Acquisition Corp. (HCCA)
- Revolution Healthcare Acquisition Corp. (RHC)
Competitive Advantages and Disadvantages: OCA's competitive advantages include its experienced management team, strong financial position, and focus on large and growing markets. However, the company also faces challenges, including competition from other SPACs and the risk of not being able to identify and acquire a suitable target company.
Potential Challenges and Opportunities:
Key Challenges:
- Competition from other SPACs
- Difficulty in identifying and acquiring a suitable target company
- Integration challenges after acquiring a target company
Key Opportunities:
- Growth in the technology-enabled services and healthcare sectors
- Increasing demand from investors for SPACs
- Potential to generate significant returns for shareholders
Recent Acquisitions: OCA has not yet acquired any companies.
AI-Based Fundamental Rating: Aufgrund der fehlenden Unternehmenshistorie und der Tatsache, dass OCA noch keine Akquisitionen getätigt hat, kann eine AI-basierte Bewertung der Fundamentaldaten von OCA nicht durchgeführt werden.
Sources and Disclaimers:
- OCA Acquisition Corp. Investor Presentation: https://www.ocaacquisition1.com/investors
- SEC filings: https://www.sec.gov/cgi-bin/browse-edgar?company=oca+acquisition+corp&owner=exclude&action=getcompany
- Market data: https://finance.yahoo.com/quote/OCA/
Disclaimer: This information is intended for educational purposes only and should not be considered financial advice. It is essential to conduct thorough due diligence and consult with a qualified financial advisor before making any investment decisions.
About NVIDIA Corporation
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2021-03-09 | CEO, President & Director Mr. David Tao-Wei Shen | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website https://www.ocaacquisition.com |
Full time employees - | Website https://www.ocaacquisition.com |
OCA Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York. OCA Acquisition Corp. is a subsidiary of OCA Acquisition Holdings LLC.
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