Market Cap
US$384.4m
Last Updated
2021/03/04 00:58 UTC
Data Sources
Company Financials
Executive Summary
CHP Merger Corp. does not have significant operations. More Details
Snowflake Analysis
Excellent balance sheet with poor track record.
Share Price & News
How has CHP Merger's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CHPM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CHPM's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
-2.9%
CHPM
-1.2%
US Capital Markets
-3.4%
US Market
1 Year Return
3.0%
CHPM
34.4%
US Capital Markets
29.4%
US Market
Return vs Industry: Insufficient data to determine how CHPM performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how CHPM performed against the US Market.
Shareholder returns
| CHPM | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | -1.2% | -3.4% |
| 30 Day | -1.3% | 7.2% | 0.6% |
| 90 Day | 1.5% | 15.9% | 6.3% |
| 1 Year | 3.0%3.0% | 37.6%34.4% | 32.2%29.4% |
| 3 Year | n/a | 39.9%29.5% | 51.3%41.7% |
| 5 Year | n/a | 152.5%121.3% | 119.6%95.2% |
Long-Term Price Volatility Vs. Market
How volatile is CHP Merger's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Here's What CHP Merger Corp.'s (NASDAQ:CHPM) Shareholder Ownership Structure Looks Like6 months ago | Simply Wall St
Are Institutions Heavily Invested In CHP Merger Corp.'s (NASDAQ:CHPM) Shares?9 months ago | Simply Wall St
Can We See Significant Institutional Ownership On The CHP Merger Corp. (NASDAQ:CHPM) Share Register?Valuation
Is CHP Merger undervalued compared to its fair value and its price relative to the market?
76.88x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CHPM ($10.24) is trading above our estimate of fair value ($0.2)
Significantly Below Fair Value: CHPM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: Insufficient data to calculate CHPM's PE Ratio to determine if it is good value compared to the US Capital Markets industry average.
PE vs Market: Insufficient data to calculate CHPM's PE Ratio to determine if it is good value compared to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CHPM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CHPM is overvalued based on its PB Ratio (76.8x) compared to the US Capital Markets industry average (15x).
Next Steps
Future Growth
How is CHP Merger forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.8%
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 CHP Merger 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
- Examine CHP Merger's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has CHP Merger performed over the past 5 years?
14.8%
Historical Diversified Financials annual earnings growth
Earnings and Revenue History
Quality Earnings: CHPM has high quality earnings.
Growing Profit Margin: Insufficient data to determine if CHPM's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if CHPM'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 CHPM'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 CHPM's earnings growth over the past year exceeded the Capital Markets industry average.
Return on Equity
High ROE: CHPM's Return on Equity (8.9%) is considered low.
Next Steps
Financial Health
How is CHP Merger's financial position?
Financial Position Analysis
Short Term Liabilities: CHPM's short term assets ($1.4M) exceed its short term liabilities ($193.8K).
Long Term Liabilities: CHPM's short term assets ($1.4M) do not cover its long term liabilities ($296.6M).
Debt to Equity History and Analysis
Debt Level: CHPM is debt free.
Reducing Debt: CHPM has not had any debt for past 5 years.
Debt Coverage: CHPM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CHPM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is CHP Merger current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CHPM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CHPM'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 CHPM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CHPM'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 CHPM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average board tenure
CEO
James Olsen (48 yo)
1.67yrs
Tenure
Mr. James T. Olsen serves as Chief Executive Officer and Director of CHP Merger Corp. since July 31, 2019. Mr. Olsen serves as a Managing Partner at Concord Health Partners, LLC. He founded Concord in 2017...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.67yrs | no data | no data | |
| Independent Director | 1.33yrs | no data | 0.067% $ 256.3k | |
| Chairman of the Board | 1.67yrs | no data | no data | |
| Independent Director | 1.33yrs | no data | 0.067% $ 256.3k | |
| Independent Director | 1.33yrs | no data | 0.067% $ 256.3k |
1.3yrs
Average Tenure
68yo
Average Age
Experienced Board: CHPM's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CHP Merger Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CHP Merger Corp.
- Ticker: CHPM
- Exchange: NasdaqCM
- Founded: 2019
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$384.375m
- Shares outstanding: 37.50m
Location
- CHP Merger Corp.
- 25 Deforest Avenue
- Suite 108
- Summit
- New Jersey
- 7901
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CHPM.U | NasdaqCM (Nasdaq Capital Market) | Units | US | USD | Nov 2019 | |
| CHPM | NasdaqCM (Nasdaq Capital Market) | Yes | Class A Common Stock | US | USD | Jan 2020 |
Biography
CHP Merger Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 00:58 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.