ACE Convergence Acquisition Corp.

NasdaqCM:ACEV Stock Report

Market Cap: US$83.1m

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ACE Convergence Acquisition Valuation

Is ACEV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ACEV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ACEV's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ACEV's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for ACEV?

Other financial metrics that can be useful for relative valuation.

ACEV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does ACEV's PB Ratio compare to its peers?

The above table shows the PB ratio for ACEV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.4x
DMYY dMY Squared Technology Group
2.2xn/aUS$41.5m
PFX PhenixFIN
0.6x-67.9%US$96.6m
TMTC TMT Acquisition
n/an/aUS$60.4m
BUJA Bukit Jalil Global Acquisition 1
n/an/aUS$54.3m
ACEV ACE Convergence Acquisition
n/an/aUS$83.1m

Price-To-Book vs Peers: ACEV is good value based on its Price-To-Book Ratio (-1.7x) compared to the peer average (933.3x).


Price to Earnings Ratio vs Industry

How does ACEV's PE Ratio compare vs other companies in the US Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.1%
n/an/an/a
No. of CompaniesPB048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.1%
n/an/an/a
No more companies

Price-To-Book vs Industry: ACEV is expensive based on its Price-To-Book Ratio (-1.7x) compared to the US Capital Markets industry average (-26.6x)


Price to Book Ratio vs Fair Ratio

What is ACEV's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ACEV PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-1.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ACEV's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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