Cartesian Growth Corporation II (Nasdaq:RENE.U) - Stock Price, News & Analysis

RENE.U Stock Overview

Does not have significant operations. More details

RENE.U fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	0/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (15.6x) is below the US market (19.1x)

Risk Analysis

Negative shareholders equity

Debt is not well covered by operating cash flow

Makes less than USD$1m in revenue ($0)

Shares are highly illiquid

Cartesian Growth Corporation II Competitors

Spring Valley Acquisition II

NasdaqGM:SVII

US$111.0m

Sarissa Capital Acquisition

NasdaqCM:SRSA

US$251.3m

Silvercrest Asset Management Group

NasdaqGM:SAMG

US$253.6m

Blue Whale Acquisition Corp I

NasdaqCM:BWC

US$258.7m

Price History & Performance

Summary of all time highs, changes and price drops for Cartesian Growth Corporation II
Historical stock prices
Current Share Price	US$11.38
52 Week High	US$11.70
52 Week Low	US$10.92
Beta	-0.019
11 Month Change	0%
3 Month Change	0.088%
1 Year Change	4.21%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	13.57%

Recent updates

Shareholder Returns

	RENE.U	US Capital Markets	US Market
7D	0%	2.9%	2.2%
1Y	4.2%	57.5%	31.7%

Return vs Industry: RENE.U underperformed the US Capital Markets industry which returned 56.7% over the past year.

Return vs Market: RENE.U underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is RENE.U's price volatile compared to industry and market?
RENE.U volatility
RENE.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: RENE.U's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine RENE.U's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Peter Yu	www.cartesiangrowth.com/cgc2

Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.

Cartesian Growth Corporation II Fundamentals Summary

How do Cartesian Growth Corporation II's earnings and revenue compare to its market cap?
RENE.U fundamental statistics
Market cap	US$151.06m
Earnings (TTM)	US$9.70m
Revenue (TTM)	n/a

15.6x

P/E Ratio

0.0x

P/S Ratio

Is RENE.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RENE.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$9.70m
Earnings	US$9.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.75
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-29.7%

How did RENE.U perform over the long term?

See historical performance and comparison

Cartesian Growth Corporation II NasdaqGM:RENE.U Stock Report