NasdaqCM:DDMX

Stock Analysis Report

Executive Summary

DD3 Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with target businesses or entities.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has DD3 Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DDMX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

DDMX

1.9%

US Capital Markets

0.6%

US Market


1 Year Return

n/a

DDMX

19.9%

US Capital Markets

24.6%

US Market

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

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


Shareholder returns

DDMXIndustryMarket
7 Dayn/a1.9%0.6%
30 Day0.8%4.3%3.0%
90 Day0.8%13.5%10.6%
1 Yearn/a22.4%19.9%27.3%24.6%
3 Yearn/a44.8%36.7%50.5%40.8%
5 Yearn/a100.6%82.1%78.9%59.1%

Price Volatility Vs. Market

How volatile is DD3 Acquisition's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is DD3 Acquisition undervalued compared to its fair value and its price relative to the market?

4.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DDMX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DDMX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DDMX is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: DDMX is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DDMX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DDMX is good value based on its PB Ratio (4.5x) compared to the US Capital Markets industry average (6.6x).


Next Steps

Future Growth

How is DD3 Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

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 DD3 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 DD3 Acquisition performed over the past 5 years?

17.7%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History

Quality Earnings: DDMX is currently unprofitable.

Growing Profit Margin: DDMX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if DDMX'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 DDMX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DDMX is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (20.6%).


Return on Equity

High ROE: DDMX has a negative Return on Equity (-2.25%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is DD3 Acquisition's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: DDMX has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if DDMX's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: DDMX's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if DDMX has a sufficient allowance for bad loans.

Low Risk Liabilities: DDMX reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if DDMX has an acceptable proportion of non-loan assets held.

Low Risk Deposits: DDMX has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if DDMX has an appropriate level of bad loans.


Next Steps

Dividend

What is DD3 Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if DDMX'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 DDMX'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 DD3 Acquisition's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average board tenure


CEO

Martín Máximo Werner Wainfeld 0

0yrs

Tenure

0

Mr. Martín Máximo Werner Wainfeld was an Assistant Secretary of the ministry of finance and public credit in Mexico from 1997 to 1999. Mr. Werner Wainfeld has ample experience in mergers and acquisitions,  ...


Board Age and Tenure

1.3yrs

Average Tenure

56yo

Average Age

Experienced Board: DDMX's board of directors are not considered experienced ( 1.3 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.


Recent Insider Transactions

BuyUS$43503 Jul 19
Daniel Salim
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares25,000
Max PriceUS$0.017
BuyUS$4,68503 Jul 19
Guillermo Aponte Reyes-Ortiz
EntityIndividual
Shares317,075
Max PriceUS$0.017
BuyUS$8703 Jul 19
Alan Smithers
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$0.017
BuyUS$8703 Jul 19
Pedro Solis Camara
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$0.017
BuyUS$8703 Jul 19
Mauricio Espinosa
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$0.017
BuyUS$7,49603 Jul 19
Jorge Combe
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares430,800
Max PriceUS$0.017
BuyUS$7,49603 Jul 19
Martín Máximo Werner Wainfeld
EntityIndividual
Role
Chief Executive Officer
Chairman of the Board & CEO
Shares430,800
Max PriceUS$0.017
SellUS$24,20803 Jul 19
DD3 Mex Acquisition Corp
EntityCompany
Shares1,439,075
Max PriceUS$0.017

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Martín Máximo Werner Wainfeld

    Chairman of the Board & CEO

    • Jorge Combe (41yo)

      COO & Director

      • Tenure: 1.3yrs
    • Daniel Salim (27yo)

      Chief Financial Officer


      Board Members

      • Martín Máximo Werner Wainfeld

        Chairman of the Board & CEO

        • Jorge Combe (41yo)

          COO & Director

          • Tenure: 1.3yrs
        • Mauricio Espinosa (34yo)

          Independent Director

          • Tenure: 1.3yrs
        • Guillermo Ortiz (71yo)

          Independent Director

          • Tenure: 1.3yrs
        • Alan Smithers (56yo)

          Independent Director

          • Tenure: 1.3yrs
        • Pedro Solis Camara (59yo)

          Independent Director

          • Tenure: 1.3yrs

        Company Information

        DD3 Acquisition Corp.'s company bio, employee growth, exchange listings and data sources


        Key Information

        • Name: DD3 Acquisition Corp.
        • Ticker: DDMX
        • Exchange: NasdaqCM
        • Founded: 2018
        • Industry: Asset Management and Custody Banks
        • Sector: Diversified Financials
        • Market Cap: US$22.470m
        • Shares outstanding: 2.19m
        • Website: https://ir.dd3.mx

        Location

        • DD3 Acquisition Corp.
        • Pedregal 24
        • 4th Floor
        • Mexico City
        • 11040
        • Mexico

        Listings

        TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
        DDMXNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDOct 2018
        DDMX NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNOct 2018

        Biography

        DD3 Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with target businesses or entities. The company was founded in 2018 and is based in Mexico City, Mexico. 


        Company Analysis and Financial Data Status

        All financial data provided by Standard & Poor's Capital IQ.
        DataLast Updated (UTC time)
        Company Analysis2020/01/23 01:35
        End of Day Share Price2020/01/22 00:00
        Earnings2019/09/30
        Annual Earnings2019/06/30


        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.