How does AAC's PB Ratio compare to its peers?

AAC has negative equity and a Price-To-Book Ratio (-9x) compared to the peer average (6x).

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

AAC has negative equity and a Price-To-Book Ratio (-9x) compared to the US Capital Markets industry average (-10.8x).

What is AAC'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.

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

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

Insufficient data to calculate AAC's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Ares Acquisition (NYSE:AAC) - Stock Price, News & Analysis

AAC Stock Overview

Ares Acquisition Corporation does not have significant operations. More details

AAC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

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

Negative shareholders equity

Debt is not well covered by operating cash flow

Ares Acquisition Corporation Competitors

Associated Capital Group

NYSE:AC

US$796.4m

Noah Holdings

NYSE:NOAH

US$776.4m

Trinity Capital

NasdaqGS:TRIN

US$847.7m

Adams Natural Resources Fund

NYSE:PEO

US$603.5m

Price History & Performance

Summary of all time highs, changes and price drops for Ares Acquisition
Historical stock prices
Current Share Price	US$10.79
52 Week High	US$10.80
52 Week Low	US$9.01
Beta	0.010
11 Month Change	0.19%
3 Month Change	1.31%
1 Year Change	7.95%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	9.32%

Recent updates

Shareholder Returns

	AAC	US Capital Markets	US Market
7D	0.09%	2.5%	1.6%
1Y	8.0%	55.7%	32.3%

Return vs Industry: AAC matched the US Capital Markets industry which returned 8% over the past year.

Return vs Market: AAC underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is AAC's price volatile compared to industry and market?
AAC volatility
AAC Average Weekly Movement	3.7%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: AAC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	David Kaplan	www.aresacquisitioncorporation.com

Ares Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Ares Acquisition Corporation was incorporated in 2020 and is based in New York, New York.

Ares Acquisition Corporation Fundamentals Summary

How do Ares Acquisition's earnings and revenue compare to its market cap?
AAC fundamental statistics
Market cap	US$761.82m
Earnings (TTM)	-US$10.01m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-76.1x

P/E Ratio

Is AAC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AAC income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$10.01m
Earnings	-US$10.01m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-9.9%

How did AAC perform over the long term?

See historical performance and comparison

Ares Acquisition NYSE:AAC Stock Report