NasdaqCM:CHPM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.4%

CHPM

4.0%

US Capital Markets

3.9%

US Market


1 Year Return

n/a

CHPM

11.6%

US Capital Markets

18.5%

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

CHPMIndustryMarket
7 Day1.4%4.0%3.9%
30 Day-0.3%-4.2%-4.3%
90 Day2.4%1.9%8.1%
1 Yearn/a14.4%11.6%21.2%18.5%
3 Yearn/a18.2%9.0%38.2%29.0%
5 Yearn/a69.5%47.6%84.3%63.4%

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

Valuation

Is CHP Merger undervalued compared to its fair value and its price relative to the market?

76.43x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CHPM ($10.19) is trading above our estimate of fair value ($0.17)

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 (76.4x) compared to the US Capital Markets industry average (4.2x).


Next Steps

Future Growth

How is CHP Merger forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.9%

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

Past Performance

How has CHP Merger performed over the past 5 years?

15.3%

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?

0.8yrs

Average board tenure


CEO

James Olsen (48 yo)

1.17yrs

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

NamePositionTenureCompensationOwnership
James Olsen
CEO & Director1.17yrsno datano data
James Deal
Independent Director0.83yrno data0.067%
$ 254.8k
Joseph Swedish
Chairman of the Board1.17yrsno datano data
Kenneth Goulet
Independent Director0.83yrno data0.067%
$ 254.8k
Jack Krouskup
Independent Director0.83yrno data0.067%
$ 254.8k

0.8yrs

Average Tenure

68yo

Average Age

Experienced Board: CHPM's board of directors are not considered experienced ( 0.8 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: CHPM only recently listed within the past 12 months.


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$382.125m
  • Shares outstanding: 37.50m

Location

  • CHP Merger Corp.
  • 25 Deforest Avenue
  • Suite 108
  • Summit
  • New Jersey
  • 7901
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHPM.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDNov 2019
CHPMNasdaqCM (Nasdaq Capital Market)YesClass A Common StockUSUSDJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/01 00:35
End of Day Share Price2020/09/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.