AFAC Stock Overview
Arena Fortify Acquisition Corp. does not have significant operations.
+ 1 more risk
Arena Fortify Acquisition Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$10.09|
|52 Week High||US$10.81|
|52 Week Low||US$9.55|
|1 Month Change||0.30%|
|3 Month Change||0.60%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||0.90%|
Recent News & Updates
|AFAC||US Capital Markets||US Market|
Return vs Industry: Insufficient data to determine how AFAC performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how AFAC performed against the US Market.
|AFAC Average Weekly Movement||n/a|
|Capital Markets Industry Average Movement||0.5%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: Insufficient data to determine AFAC's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine AFAC's volatility change over the past year.
About the Company
Arena Fortify Acquisition Corp. does not have 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. It intends to focus on acquisition candidates within the natural resources industry.
Arena Fortify Acquisition Fundamentals Summary
|AFAC fundamental statistics|
Is AFAC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AFAC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.65|
|Net Profit Margin||0.00%|
How did AFAC perform over the long term?See historical performance and comparison
Is AFAC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AFAC?
Other financial metrics that can be useful for relative valuation.
|What is AFAC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does AFAC's PE Ratio compare to its peers?
|AFAC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
APXI APx Acquisition I
THAC Thrive Acquisition
BRIV B. Riley Principal 250 Merger
APN Apeiron Capital Investment
AFAC Arena Fortify Acquisition
Price-To-Earnings vs Peers: AFAC is good value based on its Price-To-Earnings Ratio (15.5x) compared to the peer average (55.6x).
Price to Earnings Ratio vs Industry
How does AFAC's PE Ratio compare vs other companies in the US Capital Markets Industry?
Price-To-Earnings vs Industry: AFAC is good value based on its Price-To-Earnings Ratio (15.5x) compared to the US Capital Markets industry average (24.8x)
Price to Earnings Ratio vs Fair Ratio
What is AFAC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||15.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AFAC's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of AFAC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate AFAC's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate AFAC's fair value 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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How is Arena Fortify Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Arena Fortify 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.
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- Take a look at our analysis of AFAC’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.
How has Arena Fortify Acquisition performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical Diversified Financials annual earnings growth
Earnings and Revenue History
Quality Earnings: AFAC has high quality earnings.
Growing Profit Margin: Insufficient data to determine if AFAC's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if AFAC'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 AFAC's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: Insufficient data to determine if AFAC's earnings growth over the past year exceeded the Capital Markets industry average.
Return on Equity
High ROE: AFAC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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How is Arena Fortify Acquisition's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AFAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AFAC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AFAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AFAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AFAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AFAC's interest payments on its debt are well covered by EBIT.
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What is Arena Fortify Acquisition current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Arena Fortify Acquisition Dividend Yield vs Market|
|Company (Arena Fortify Acquisition)||n/a|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Capital Markets)||2.9%|
|Analyst forecast in 3 Years (Arena Fortify Acquisition)||n/a|
Notable Dividend: Unable to evaluate AFAC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AFAC'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 AFAC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AFAC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AFAC has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dan Zwirn (50 yo)
Mr. Daniel Bernard Zwirn, also known as Dan, serves as the Chief Executive Officer and Chief Investment Officer at Arena Investors, LP since 2015. He is Chief Executive Officer and Chairman of Arena Fortif...
Experienced Board: AFAC's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: AFAC only recently listed within the past 12 months.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Arena Fortify Acquisition Corp.'s employee growth, exchange listings and data sources
- Name: Arena Fortify Acquisition Corp.
- Ticker: AFAC
- Exchange: NasdaqGM
- Founded: 2021
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$217.566m
- Shares outstanding: 21.56m
- Website: https://arenafortify.com
- Arena Fortify Acquisition Corp.
- 405 Lexington Avenue
- 59th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AFAC.U||NasdaqGM (Nasdaq Global Market)||Units||US||USD||Nov 2021|
|AFAC||NasdaqGM (Nasdaq Global Market)||Yes||Class A Common Stock||US||USD||Dec 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/27 00:00|
|End of Day Share Price||2022/09/27 00:00|
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.