TSXV:CAC.P

Stock Analysis Report

Executive Summary

Cinaport Acquisition Corp. III does not have significant operations.

Snowflake

Overvalued with poor track record.

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

-0.4%

CA Capital Markets

0.5%

CA Market


1 Year Return

n/a

CAC.P

18.0%

CA Capital Markets

7.9%

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%-0.4%0.5%
30 Day-20.0%-0.4%3.2%
90 Dayn/a2.8%3.9%
1 Yearn/a23.4%18.0%11.5%7.9%
3 Yearn/a33.9%17.8%17.1%6.6%
5 Yearn/a30.4%3.2%27.7%9.0%

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?

0.51x

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: Insufficient data to calculate CAC.P's PE Ratio to determine if it is good value compared to the Capital Markets industry average.

PE vs Market: Insufficient data to calculate CAC.P's PE Ratio to determine if it is good value compared 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 (0.5x) compared to the CA Capital Markets industry average (0.9x).


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?

9.1%

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?

25.9%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History

Quality Earnings: CAC.P has high quality earnings.

Growing Profit Margin: Insufficient data to determine if CAC.P's profit margins have improved over the past year.


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 (5.4%).


Return on Equity

High ROE: CAC.P has a negative Return on Equity (-31.63%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cinaport Acquisition III's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: CAC.P has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CAC.P's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: CAC.P's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if CAC.P has a sufficient allowance for bad loans.

Low Risk Liabilities: CAC.P reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if CAC.P has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CAC.P has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if CAC.P has an appropriate level of bad loans.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

What is the CEO of Cinaport Acquisition III's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average board tenure


CEO

Avi Grewal (70yo)

0yrs

Tenure

0

Mr. Avininder Grewal, also known as Avi, serves 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 Age and Tenure

1.3yrs

Average Tenure

70yo

Average Age

Experienced Board: CAC.P's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Insider Trading

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: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Avi Grewal (70yo)

    CEO, Corporate Secretary & Director

    • Tenure: 0yrs
  • Grant Kehrli (51yo)

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Avi Grewal (70yo)

    CEO, Corporate Secretary & Director

    • Tenure: 0yrs
  • Don Wright (71yo)

    Chairman of the Board

    • Tenure: 0yrs
  • Pat Ryan (78yo)

    Independent Director

    • Tenure: 1.3yrs
  • John O’Sullivan (58yo)

    Independent Director

    • Tenure: 1.3yrs
  • Seshadri Chari (53yo)

    Independent Director

    • Tenure: 1.3yrs

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$487.600k
  • Shares outstanding: 6.10m
  • Website: https://null

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 Analysis2019/11/19 01:05
End of Day Share Price2019/11/05 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.