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ACAX.U Stock Overview

Alset Capital Acquisition Corp. does not have any significant operations. More details

ACAX.U fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	0/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (20x) is below the Capital Markets industry average (27.1x)

Earnings grew by 1150.5% over the past year

Risk Analysis

Makes less than USD$1m in revenue ($0)

Negative shareholders equity

Debt is not well covered by operating cash flow

Shares are highly illiquid

+ 1 more risk

Community vs My Fair Value

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Alset Capital Acquisition Corp. Competitors

Four Leaf Acquisition

NasdaqCM:FORL

US$46.3m

Newcourt Acquisition

NasdaqGM:NCAC

US$50.0m

Trailblazer Merger Corporation I

NasdaqGM:TBMC

US$53.5m

Alchemy Investments Acquisition Corp 1

NasdaqCM:ALCY

US$53.2m

Price History & Performance

Summary of share price highs, lows and changes for Alset Capital Acquisition
Historical stock prices
Current Share Price	US$4.30
52 Week High	US$28.01
52 Week Low	US$4.00
Beta	0
1 Month Change	-61.83%
3 Month Change	-61.40%
1 Year Change	-58.25%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-56.83%

Recent updates

Shareholder Returns

	ACAX.U	US Capital Markets	US Market
7D	-59.2%	1.8%	-0.3%
1Y	-58.3%	20.9%	8.0%

Return vs Industry: ACAX.U underperformed the US Capital Markets industry which returned 15.4% over the past year.

Return vs Market: ACAX.U underperformed the US Market which returned 19.8% over the past year.

Price Volatility

Is ACAX.U's price volatile compared to industry and market?
ACAX.U volatility
ACAX.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	5.5%
Market Average Movement	7.9%
10% most volatile stocks in US Market	16.5%
10% least volatile stocks in US Market	4.1%

Stable Share Price: ACAX.U's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine ACAX.U's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Ambrose Chan	www.alsetcapitalacquisition.com

Alset Capital Acquisition Corp. does not have any significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Alset Capital Acquisition Corp. was incorporated in 2021 and is based in Bethesda, Maryland.

Alset Capital Acquisition Corp. Fundamentals Summary

How do Alset Capital Acquisition's earnings and revenue compare to its market cap?
ACAX.U fundamental statistics
Market cap	US$47.44m
Earnings (TTM)	US$878.77k
Revenue (TTM)	n/a

20.0x

P/E Ratio

0.0x

P/S Ratio

Is ACAX.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACAX.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$878.77k
Earnings	US$878.77k

Last Reported Earnings

Aug 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.19
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-10.0%

How did ACAX.U perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/08 01:35
End of Day Share Price	2024/01/08 00:00
Earnings	2023/08/31
Annual Earnings	2022/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Alset Capital Acquisition Corp. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Alset Capital Acquisition NasdaqGM:ACAX.U Stock Report