TSXV:CAC.P

Stock Analysis Report

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Executive Summary

Cinaport Acquisition Corp. III does not have significant operations. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Cinaport Acquisition III's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CAC.P has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CAC.P

-2.6%

CA Capital Markets

-1.2%

CA Market


1 Year Return

n/a

CAC.P

-8.2%

CA Capital Markets

-5.5%

CA Market

Return vs Industry: Insufficient data to determine how CAC.P performed against the Canadian Capital Markets industry.

Return vs Market: Insufficient data to determine how CAC.P performed against the Canadian Market.


Shareholder returns

CAC.PIndustryMarket
7 Day0%-2.6%-1.2%
30 Day0%-0.7%0.4%
90 Day18.2%-4.5%-0.3%
1 Yearn/a-6.2%-8.2%-2.1%-5.5%
3 Yearn/a18.3%10.0%3.9%-6.2%
5 Yearn/a44.5%25.9%32.3%12.0%

Price Volatility Vs. Market

How volatile is Cinaport Acquisition III's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Cinaport Acquisition III undervalued compared to its fair value and its price relative to the market?

0.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CAC.P's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CAC.P's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CAC.P is unprofitable, so we can't compare its PE Ratio to the CA Capital Markets industry average.

PE vs Market: CAC.P is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CAC.P's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CAC.P is good value based on its PB Ratio (0.4x) compared to the CA Capital Markets industry average (1x).


Next Steps

Future Growth

How is Cinaport Acquisition III forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

55.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cinaport Acquisition III has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Cinaport Acquisition III performed over the past 5 years?

76.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CAC.P is currently unprofitable.

Growing Profit Margin: CAC.P is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if CAC.P's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare CAC.P's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CAC.P is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (27.9%).


Return on Equity

High ROE: CAC.P has a negative Return on Equity (-4.66%), as it is currently unprofitable.


Next Steps

Financial Health

How is Cinaport Acquisition III's financial position?


Financial Position Analysis

Short Term Liabilities: CAC.P's short term assets (CA$920.7K) exceed its short term liabilities (CA$15.8K).

Long Term Liabilities: CAC.P has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CAC.P is debt free.

Reducing Debt: CAC.P has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CAC.P has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CAC.P has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 58.1% each year


Next Steps

Dividend

What is Cinaport Acquisition III current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CAC.P's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CAC.P's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CAC.P's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CAC.P's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CAC.P's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average board tenure


CEO

Avi Grewal (71 yo)

no data

Tenure

CA$29,166

Compensation

Mr. Avininder Grewal, also known as Avi, served as President and Chief Executive Officer at Cinaport Acquisition Corp. II. Mr. Grewal served as the Chief Executive Officer and President of Cinaport Acquisi ...


Board Members

NamePositionTenureCompensationOwnership
Avininder Grewal
CEO, Corporate Secretary & Directorno dataCA$29.17k24.61%
CA$ 97.5k
Donald Wright
Chairman of the Boardno dataCA$23.10k49.22%
CA$ 195.0k
Patrick Ryan
Independent Director2.25yrsCA$23.10k3.28%
CA$ 13.0k
John O'Sullivan
Independent Director2.25yrsCA$23.10k49.22%
CA$ 195.0k
Seshadri Chari
Independent Director2.25yrsCA$23.10k24.61%
CA$ 97.5k

2.3yrs

Average Tenure

71yo

Average Age

Experienced Board: CAC.P's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cinaport Acquisition Corp. III's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cinaport Acquisition Corp. III
  • Ticker: CAC.P
  • Exchange: TSXV
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$396.175k
  • Shares outstanding: 6.10m

Location

  • Cinaport Acquisition Corp. III
  • 333 Bay Street
  • Suite 635
  • Toronto
  • Ontario
  • M5H 2R2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CAC.PTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2018

Biography

Cinaport Acquisition Corp. III does not have significant operations. It intends to identify and evaluate businesses or assets with a view to complete a qualifying transaction. The company was incorporated ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 23:45
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.