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Industrea Acquisition

Nasdaq:INDU
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
INDU
Nasdaq
$72M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Industrea Acquisition Corp. does not have significant operations. The last earnings update was 46 days ago. More info.


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INDU Share Price and Events
7 Day Returns
-0.7%
NasdaqCM:INDU
0.5%
US Capital Markets
3%
US Market
1 Year Returns
4.7%
NasdaqCM:INDU
-5.1%
US Capital Markets
3.4%
US Market
INDU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Industrea Acquisition (INDU) -0.7% 0.1% 2.3% 4.7% - -
US Capital Markets 0.5% -0.3% -8.5% -5.1% 36.2% 62.2%
US Market 3% 1% -6.2% 3.4% 8.8% -53.5%
1 Year Return vs Industry and Market
  • INDU outperformed the Capital Markets industry which returned -5.1% over the past year.
  • INDU outperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Industrea Acquisition undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Industrea Acquisition. This is due to cash flow or dividend data being unavailable. The share price is $10.2.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Industrea Acquisition's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Industrea Acquisition's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:INDU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.40
NasdaqCM:INDU Share Price ** NasdaqCM (2018-12-04) in USD $10.2
United States of America Capital Markets Industry PE Ratio Median Figure of 67 Publicly-Listed Capital Markets Companies 20.71x
United States of America Market PE Ratio Median Figure of 2,991 Publicly-Listed Companies 18.04x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Industrea Acquisition.

NasdaqCM:INDU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:INDU Share Price ÷ EPS (both in USD)

= 10.2 ÷ -0.40

-25.4x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Industrea Acquisition is loss making, we can't compare its value to the US Capital Markets industry average.
  • Industrea Acquisition is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Industrea Acquisition's expected growth come at a high price?
Raw Data
NasdaqCM:INDU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -25.4x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 33 Publicly-Listed Capital Markets Companies 1.91x
United States of America Market PEG Ratio Median Figure of 2,102 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Industrea Acquisition, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Industrea Acquisition's assets?
Raw Data
NasdaqCM:INDU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.70
NasdaqCM:INDU Share Price * NasdaqCM (2018-12-04) in USD $10.2
United States of America Capital Markets Industry PB Ratio Median Figure of 126 Publicly-Listed Capital Markets Companies 4.92x
United States of America Market PB Ratio Median Figure of 5,007 Publicly-Listed Companies 1.86x
NasdaqCM:INDU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:INDU Share Price ÷ Book Value per Share (both in USD)

= 10.2 ÷ 0.70

14.55x

* Primary Listing of Industrea Acquisition.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Industrea Acquisition is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Industrea Acquisition's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Industrea Acquisition has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Industrea 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.3%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Industrea Acquisition expected to grow at an attractive rate?
  • Unable to compare Industrea Acquisition's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Industrea Acquisition's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Industrea Acquisition's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:INDU Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 8.3%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:INDU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:INDU Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 -3 -3
2017-12-31 -2 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Industrea Acquisition is high growth as no earnings estimate data is available.
  • Unable to determine if Industrea Acquisition is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:INDU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Industrea Acquisition Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:INDU Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.40
2017-12-31 -0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Industrea Acquisition will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Industrea Acquisition's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  2. Industrea Acquisition's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Industrea Acquisition's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Industrea Acquisition has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Industrea Acquisition performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Industrea Acquisition's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Industrea Acquisition does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Industrea Acquisition's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Industrea Acquisition's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Industrea Acquisition's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Industrea Acquisition Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:INDU Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -2.80 5.84
2017-12-31 -0.64 1.67

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Industrea Acquisition has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Industrea Acquisition has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Industrea Acquisition improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Industrea Acquisition's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Industrea Acquisition has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Industrea Acquisition's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Industrea Acquisition's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Industrea Acquisition's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Industrea Acquisition's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Industrea Acquisition's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Industrea Acquisition Company Filings, last reported 2 months ago.

NasdaqCM:INDU Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 5.00 0.31 0.32
2017-12-31 5.00 0.00 0.83
  • Industrea Acquisition's level of debt (6.2%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Industrea Acquisition's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Industrea Acquisition's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Industrea Acquisition has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Industrea Acquisition dividends.
If you bought $2,000 of Industrea Acquisition shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Industrea Acquisition's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Industrea Acquisition's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:INDU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1981 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Industrea Acquisition has not reported any payouts.
  • Unable to verify if Industrea Acquisition's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Industrea Acquisition's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Industrea Acquisition has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Industrea Acquisition's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Industrea Acquisition afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Industrea Acquisition has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Industrea Acquisition's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Howard Morgan
AGE 56
TENURE AS CEO 1.7 years
CEO Bio

Mr. Howard D. Morgan has been the Chief Executive Officer of Industrea Acquisition Corp since April 2017. Mr. Morgan co-founded Argand Partners LP and also has been its Partner and Senior Managing Director since September 2015. He serves as the President at Branford Chain, Inc. and also serves as the President at its operating affiliates. He serves as Treasurer of the Friends of the Garvan Institute of Medical Research. He served as an Executive Director of CHAMP Private Equity from 2000 to July 2015. He served as the President at Castle Harlan, Inc. from September 2014 to July 2015 and also served as its Senior Managing Director. He served as a Co-President at Castle Harlan, Inc. from August 2010 to September 2014, which he joined in 1996. He served as the Chief Executive Officer and President of CHI Private Equity from February 2015 to July 2015. From 2000 to 2002, he was on leave of absence working as an Executive Director of Castle Harlan Australian Mezzanine Partners Pty Limited. Prior to joining Castle Harlan, he was a Partner at The Ropart Group, where he was particularly instrumental in the growth through acquisition of Blyth Industries Inc. and XTRA Corp. He began his career as an Associate at Allen & Company Inc., Investment Arm, where he worked in mergers and acquisitions and private equity. He served as a Partner at Ropart Asset Management Funds. He served as the Chairman and Director of The Harvard Business School Club of New York, Inc. He served as the Chairman of Parkinson's Foundation, Inc. He serves as the Vice Chairman of Parkinson's Foundation, Inc. and also has been its Director since 2004. He serves as a Non Executive Director of Centric Wealth Advisers Ltd. He serves as a Board Member of Canada Metal (Pacific) Limited. He serves as a Director of Garvan Institute of Medical Research. He serves as Board Member of Alexander Hamilton Institute and World Press Institute. He has been a Director of Industrea Acquisition Corp since April 2017. He served as a Board Member of Branford Castle Partners, L.P. He served as a Director and Officer of the Harvard Business School Alumni Association from 2006 to 2011. He served as a Director of Ion Track Instruments, LLC since January 2000. He served as a Director of GE Ion Track, Inc. since January 2000. He served as a Board Member of Jered LLC, All Leasing, Branford Chain Inc., Polypipe Global Holdings/Polypipe Group plc, CHAMP Pty Ltd., AdobeAir Holdings, Inc., AdobeAir, Inc., Sheridan International Pty Ltd. and Ciao Bella Gelato Company Inc. He served as a Director of CHAMP, Pretium Packaging, LLC, Securus Technologies, Inc., and Shelf Drilling Inc. He served as a Director of Securus, Baker & Taylor Acquisitions Corp., AmeriCast Technologies, Inc., Penrice Soda Holdings Limited (Penrice Soda Products), Norcast Wear Solutions and various CHAMP entities. He served as a Non-Executive Director of Austar United Communications Limited from April 23, 2003 to December 15, 2005. He served as an Executive Director at CHAMP I Fund and CHAMP II Fund. He served as a Non Executive Director at Findex Advice Services Pty Ltd. He served as a Director of Pretium Holding LLC since February 16, 2010. He served as a Director of IDQ Holdings, Inc. and Luther's Bar-B-Q, Inc. He served as a Director of Land 'N' Sea Distributing, Inc. and Promotion Products Inc. He has been active in mid-market private equity for over 30 years. Mr. Morgan received an M.B.A. from the Harvard Business School and a B.A. from Hamilton College with concentrations in Economics, Mathematics, Government and Political Science.

CEO Compensation
  • Insufficient data for Howard to compare compensation growth.
  • Insufficient data for Howard to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Industrea Acquisition management team in years:

1.7
Average Tenure
39
Average Age
  • The average tenure for the Industrea Acquisition management team is less than 2 years, this suggests a new team.
Management Team

Howard Morgan

TITLE
CEO & Director
AGE
56
TENURE
1.7 yrs

Joe Del Toro

TITLE
Chief Financial Officer
AGE
46
TENURE
1.7 yrs

Heather Faust

TITLE
Executive VP & Director
AGE
38
TENURE
1.7 yrs

Tariq Osman

TITLE
Executive VP & Director
AGE
39
TENURE
1.7 yrs

Charlie Burns

TITLE
Secretary
AGE
32
TENURE
1.7 yrs
Board of Directors Tenure

Average tenure and age of the Industrea Acquisition board of directors in years:

1.4
Average Tenure
58
Average Age
  • The average tenure for the Industrea Acquisition board of directors is less than 3 years, this suggests a new board.
Board of Directors

David A. Brown

TITLE
Non Executive Chairman
AGE
74
TENURE
1.4 yrs

Howard Morgan

TITLE
CEO & Director
AGE
56
TENURE
1.7 yrs

Heather Faust

TITLE
Executive VP & Director
AGE
38
TENURE
1.7 yrs

Tariq Osman

TITLE
Executive VP & Director
AGE
39
TENURE
1.7 yrs

Tom Armstrong

TITLE
Independent Director
AGE
64
TENURE
1.4 yrs

Gerard Rooney

TITLE
Independent Director
AGE
57
TENURE
1.4 yrs

David Hall

TITLE
Director
AGE
59
TENURE
1.4 yrs

Brian Hodges

TITLE
Independent Director
AGE
64
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
24. Oct 18 Sell Polar Asset Management Partners Inc. Company 22. Oct 18 22. Oct 18 -625,000 $10.22 $-6,387,500
19. Oct 18 Sell Polar Asset Management Partners Inc. Company 18. Oct 18 18. Oct 18 -200,000 $10.22 $-2,044,000
X
Management checks
We assess Industrea Acquisition's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Industrea Acquisition has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

What Can We Expect for Industrea Acquisition Corp (NASDAQ:INDU) Moving Forward?

Industrea Acquisition Corp (NASDAQ:INDU), a USD$66.68M small-cap, operates in the capital markets industry, which now face the choice of either being disintermediated or proactively disrupting their own business models to thrive in the future. … Given the lack of analyst consensus in Industrea Acquisition’s outlook, we could potentially assume the stock’s growth rate broadly follows its capital markets industry peers. … If you’re looking for a high-growth stock with potential mispricing, it seems like capital markets companies like Industrea Acquisition isn’t the right place to look.

Simply Wall St -

Company Info

Map
Description

Industrea Acquisition Corp. does not have significant operations. It intends to identify, source, negotiate, and execute an initial business combination with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2017 and is based in New York, New York.

Details
Name: Industrea Acquisition Corp.
INDU
Exchange: NasdaqCM
Founded: 2017
$71,681,082
7,132,446
Website: http://
Address: Industrea Acquisition Corp.
28 West 44th Street,
Suite 501,
New York,
New York, 10036,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM INDU Class A Common Stock Nasdaq Capital Market US USD 21. Aug 2017
NasdaqCM INDU.U Units Nasdaq Capital Market US USD 27. Jul 2017
Number of employees
Current staff
Staff numbers
0
Industrea Acquisition employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/04 22:41
End of day share price update: 2018/12/04 00:00
Last earnings filing: 2018/10/19
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.