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CLAY

Chavant Capital Acquisition NasdaqCM:CLAY Stock Report

Last Price

US$10.08

Market Cap

US$110.4m

7D

-0.1%

1Y

2.3%

Updated

30 Sep, 2022

Data

Company Financials
CLAY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

CLAY Stock Overview

Chavant Capital Acquisition Corp. does not have significant operations.

Chavant Capital Acquisition Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chavant Capital Acquisition
Historical stock prices
Current Share PriceUS$10.08
52 Week HighUS$11.94
52 Week LowUS$9.78
Beta0
1 Month Change0%
3 Month Change0.93%
1 Year Change2.34%
3 Year Changen/a
5 Year Changen/a
Change since IPO5.00%

Recent News & Updates

Shareholder Returns

CLAYUS Capital MarketsUS Market
7D-0.1%-2.3%-2.5%
1Y2.3%-25.4%-23.2%

Return vs Industry: CLAY exceeded the US Capital Markets industry which returned -24% over the past year.

Return vs Market: CLAY exceeded the US Market which returned -21.5% over the past year.

Price Volatility

Is CLAY's price volatile compared to industry and market?
CLAY volatility
CLAY Average Weekly Movement2.0%
Capital Markets Industry Average Movement0.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: CLAY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: CLAY's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aJiong Ma

Chavant Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

Chavant Capital Acquisition Fundamentals Summary

How do Chavant Capital Acquisition's earnings and revenue compare to its market cap?
CLAY fundamental statistics
Market CapUS$110.41m
Earnings (TTM)US$481.41k
Revenue (TTM)n/a

229.4x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLAY income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$481.41k
EarningsUS$481.41k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.044
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did CLAY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CLAY 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 CLAY's PB Ratio compare to its peers?

CLAY PB Ratio vs Peers
The above table shows the PB ratio for CLAY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average25522.8x
ACAX Alset Capital Acquisition
5581.9xn/aUS$111.2m
BRAC Broad Capital Acquisition
23209.3xn/aUS$112.3m
AIB AIB Acquisition
67000xn/aUS$113.1m
CPAQ Counter Press Acquisition
6300xn/aUS$113.8m
CLAY Chavant Capital Acquisition
n/an/aUS$110.4m

Price-To-Book vs Peers: CLAY is good value based on its Price-To-Book Ratio (-104.1x) compared to the peer average (25522.8x).


Price to Earnings Ratio vs Industry

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

Price-To-Book vs Industry: CLAY is good value based on its Price-To-Book Ratio (-104.1x) compared to the US Capital Markets industry average (-23.3x)


Price to Book Ratio vs Fair Ratio

What is CLAY'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.

CLAY PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-104.1x
Fair PB Ration/a

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


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate CLAY'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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Future Growth

How is Chavant Capital Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.9%

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 Chavant Capital 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.


Discover growth companies

  • Take a look at our analysis of CLAY’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.

Past Performance

How has Chavant Capital Acquisition performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


20.8%

Historical Diversified Financials annual earnings growth

Earnings and Revenue History

Quality Earnings: CLAY has high quality earnings.

Growing Profit Margin: Insufficient data to determine if CLAY's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if CLAY'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 CLAY'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 CLAY's earnings growth over the past year exceeded the Capital Markets industry average.


Return on Equity

High ROE: CLAY's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Chavant Capital Acquisition's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CLAY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CLAY 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: CLAY is debt free.

Reducing Debt: CLAY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: CLAY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CLAY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Chavant Capital Acquisition current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Chavant Capital Acquisition Dividend Yield vs Market
How does Chavant Capital Acquisition dividend yield compare to the market?
SegmentDividend Yield
Company (Chavant Capital Acquisition)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Capital Markets)3.0%
Analyst forecast in 3 Years (Chavant Capital Acquisition)n/a

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

High Dividend: Unable to evaluate CLAY'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 CLAY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CLAY'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 CLAY has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average board tenure


CEO

Jiong Ma (58 yo)

no data

Tenure

Dr. Jiong Ma, Ph D., is an Independent Director at SES AI Corporation since February 3, 2022. She has been Chief Executive Officer and President of Chavant Capital Acquisition Corp. since March 2021 and se...


Board Members

Experienced Board: CLAY's board of directors are not considered experienced ( 1.2 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

What is the ownership structure of CLAY?
Owner TypeNumber of SharesOwnership Percentage
Hedge Funds791,5257.2%
Individual Insiders1,706,03215.6%
General Public2,946,38826.9%
Institutions5,509,08850.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.5%.


Top Shareholders

Top 25 shareholders own 69.15% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
14.43%
Jiong Ma
1,580,814$15.9m0%no data
7.23%
D. E. Shaw & Co., L.P.
791,525$8.0m100.8%0.02%
4.56%
Arena Capital Advisors, LLC
500,000$5.0m0%1.3%
4.31%
Glazer Capital, LLC
472,410$4.8m370.1%0.12%
4.3%
Periscope Capital Inc
471,400$4.8m0.06%0.14%
3.92%
Weiss Asset Management, LLC
428,988$4.3m0%0.16%
3.74%
Shaolin Capital Management LLC
409,966$4.1m0%0.2%
3.51%
WR Berkley Corp., Asset Management Arm
384,873$3.9m0%0.21%
2.92%
Polar Asset Management Partners Inc.
320,000$3.2m-60%0.06%
2.28%
Whitebox Advisors LLC
250,000$2.5m0%0.27%
1.83%
Altium Capital Management LP
200,000$2.0m0%0.81%
1.83%
Radcliffe Capital Management, L.P.
200,000$2.0m0%0.07%
1.83%
RiverNorth Capital Management, LLC
200,000$2.0m0%0.09%
1.81%
Lynwood Capital Management Inc.
197,910$2.0m0%2.4%
1.8%
Spring Creek Capital, LLC
197,128$2.0m0%0.1%
1.38%
Heights Capital Management, Inc.
151,100$1.5m0%0.1%
1.19%
MYDA Advisors LLC
130,000$1.3m-12.75%0.58%
0.91%
Millennium Management LLC
100,000$1.0m0%no data
0.91%
Aristides Capital, LLC
100,000$1.0m0%0.83%
0.89%
Cantor Fitzgerald Asset Management
98,000$987.8k0%0.02%
0.86%
Walleye Capital LLC
93,959$947.1k-0.21%0.01%
0.84%
Karpus Management Inc
92,241$929.8k0%0.03%
0.68%
Brookfield Asset Management Inc.
75,000$756.0k0%no data
0.62%
Goldman Sachs Group, Investment Banking and Securities Investments
67,880$684.2k0%no data
0.56%
Janus Henderson Group plc
61,228$617.2k0%no data

Company Information

Chavant Capital Acquisition Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Chavant Capital Acquisition Corp.
  • Ticker: CLAY
  • Exchange: NasdaqCM
  • Founded: 2021
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$110.407m
  • Shares outstanding: 10.95m

Location

  • Chavant Capital Acquisition Corp.
  • 445 Park Avenue
  • 9th Floor
  • New York
  • New York
  • 10022
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLAY.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDJul 2021
CLAYNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDAug 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.