NasdaqCM:GPAQ

Stock Analysis Report

Executive Summary

Gordon Pointe Acquisition Corp. does not have significant operations.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0.6%

GPAQ

-1.9%

US Capital Markets

-1.2%

US Market


1 Year Return

4.9%

GPAQ

16.9%

US Capital Markets

22.3%

US Market

Return vs Industry: GPAQ underperformed the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: GPAQ underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

GPAQIndustryMarket
7 Day0.6%-1.9%-1.2%
30 Day0.9%1.9%1.6%
90 Day1.5%10.2%8.8%
1 Year4.9%4.9%19.3%16.9%25.0%22.3%
3 Yearn/a43.0%35.0%49.9%40.3%
5 Yearn/a96.9%78.7%77.6%58.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

8.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GPAQ ($10.56) is trading above our estimate of fair value ($5.82)

Significantly Below Fair Value: GPAQ is trading above our estimate of fair value.


Price To Earnings Ratio

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

PE vs Market: GPAQ 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 GPAQ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GPAQ is overvalued based on its PB Ratio (8.9x) compared to the US Capital Markets industry average (6.6x).


Next Steps

Future Growth

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

8.3%

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 Gordon Pointe 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 Gordon Pointe Acquisition performed over the past 5 years?

-81.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: GPAQ is currently unprofitable.

Growing Profit Margin: GPAQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if GPAQ's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare GPAQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

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


Return on Equity

High ROE: GPAQ has a negative Return on Equity (26.28%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Gordon Pointe 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: GPAQ has a low level of unsold assets or inventory.

Debt Coverage by Assets: GPAQ's debt is not covered by short term assets (assets are 0.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GPAQ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GPAQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -113.5% each year


Financial Institutions Analysis

Asset Level: GPAQ's level of assets compared to its equity is very high.

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

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

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

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

2.0yrs

Average board tenure


CEO

James Dolan (64yo)

0yrs

Tenure

0

Mr. James J. Dolan has been a Director at TriState Capital Holdings, Inc. since 2006. Mr. Dolan serves as Chairman and Chief Executive Officer of the Gordon Pointe Acquisition Corp (the “Company”). He has  ...


Board Age and Tenure

2.0yrs

Average Tenure

62.5yo

Average Age

Experienced Board: GPAQ's board of directors are not considered experienced ( 2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.9%.


Management Team

  • James Dolan (64yo)

    Chairman & CEO

    • Doug Hein (62yo)

      CFO & COO

      • Tenure: 2yrs

    Board Members

    • James Dolan (64yo)

      Chairman & CEO

      • Neeraj Vohra (56yo)

        Independent Director

        • Tenure: 2yrs
      • Robert Cross

        Independent Director

        • Tenure: 2yrs
      • Joseph Mendel (63yo)

        Independent Director

        • Tenure: 2yrs
      • David Dennis (62yo)

        Independent Director

        • Tenure: 2yrs

      Company Information

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


      Key Information

      • Name: Gordon Pointe Acquisition Corp.
      • Ticker: GPAQ
      • Exchange: NasdaqCM
      • Founded: 2017
      • Industry: Asset Management and Custody Banks
      • Sector: Diversified Financials
      • Market Cap: US$44.866m
      • Shares outstanding: 4.21m
      • Website: https://www.gordonpointe.com

      Location

      • Gordon Pointe Acquisition Corp.
      • 780 Fifth Avenue South
      • Naples
      • Florida
      • 34102
      • United States

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      GPAQ.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDJan 2018
      GPAQNasdaqCM (Nasdaq Capital Market)YesClass A Common StockUSUSDMar 2018

      Biography

      Gordon Pointe Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization or other similar business combination with one or more businesses or assets. The company was founded in 2017 and is based in Naples, Florida. 


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2020/01/27 01:19
      End of Day Share Price2020/01/24 00:00
      Earnings2019/09/30
      Annual Earnings2018/12/31


      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.