NasdaqCM:ACTT.U

Stock Analysis Report

Executive Summary

Act II Global Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in consumer packaged goods and other consumables, and hospitality businesses.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Act II Global Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

ACTT.U

2.6%

US Capital Markets

1.3%

US Market


1 Year Return

n/a

ACTT.U

1.2%

US Capital Markets

5.9%

US Market

Return vs Industry: Insufficient data to determine how ACTT.U performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how ACTT.U performed against the US Market.


Shareholder returns

ACTT.UIndustryMarket
7 Day0%2.6%1.3%
30 Day0.7%-4.7%-1.9%
90 Day2.5%-3.3%-1.8%
1 Yearn/a3.4%1.2%8.3%5.9%
3 Yearn/a51.2%42.7%45.6%36.2%
5 Yearn/a78.0%61.6%66.1%47.9%

Price Volatility Vs. Market

How volatile is Act II Global Acquisition's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Act II Global Acquisition undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Act II Global Acquisition is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Act II Global Acquisition has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Act II Global Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.1%

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 Act II Global Acquisition 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 Act II Global Acquisition performed over the past 5 years?

15.4%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Act II Global Acquisition has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Act II Global Acquisition's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Act II Global Acquisition's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Act II Global Acquisition has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of ACTT.U’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Act II Global Acquisition's financial data was last updated here.
  • Explore more healthy companies in the Diversified Financials industry.

Dividend

What is Act II Global Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if ACTT.U'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 ACTT.U's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Act II Global Acquisition's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

John Carroll (59yo)

0.8yrs

Tenure

0

Mr. John Carroll serves as Chief Executive Officer and a Director at Act II Global Acquisition Corp. since December 2018 and has more than years of experience in consumer products businesses. Mr. Carroll w ...


Management Age and Tenure

0.8yrs

Average Tenure

60.5yo

Average Age

Experienced Management: ACTT.U's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

0.5yrs

Average Tenure

59yo

Average Age

Experienced Board: ACTT.U's board of directors are not considered experienced ( 0.5 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


Management Team

  • Irwin Simon (61yo)

    Executive Chairman

    • Tenure: 0.8yrs
  • Ira Lamel (71yo)

    Chief Financial Officer

    • Tenure: 0.8yrs
  • John Carroll (59yo)

    CEO & Director

    • Tenure: 0.8yrs
  • Mary Anthes (60yo)

    Senior Vice President of Business Development & Investor Relations

    • Tenure: 0.8yrs

Board Members

  • Desirée Rogers (59yo)

    Director

    • Tenure: 0.5yrs
  • Irwin Simon (61yo)

    Executive Chairman

    • Tenure: 0.8yrs
  • John Carroll (59yo)

    CEO & Director

    • Tenure: 0.8yrs
  • Anuraag Agarwal (44yo)

    Director

    • Tenure: 0.5yrs
  • John McMillin (65yo)

    Director

    • Tenure: 0.5yrs

Company Information

Act II Global Acquisition Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Act II Global Acquisition Corp.
  • Ticker: ACTT.U
  • Exchange: NasdaqCM
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$88.968m
  • Shares outstanding: 8.99m
  • Website: https://null

Location

  • Act II Global Acquisition Corp.
  • 1345 Avenue of the Americas
  • New York
  • New York
  • 10105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACTT.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDApr 2019
ACTTNasdaqCM (Nasdaq Capital Market)YesClass A Ordinary SharesUSUSDMay 2019

Biography

Act II Global Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in cons ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:52
End of Day Share Price2019/10/14 00:00
EarningsN/A
Annual EarningsN/A


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.