Warburg Pincus Capital Corporation I-B (NYSE:WPCB) - Share price, News & Analysis

WPCB fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

WPCB Stock Overview

Warburg Pincus Capital Corporation I-B does not have significant operations.

Rewards

Earnings grew by 6277.3% over the past year

Risk Analysis

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

Negative shareholders equity

Less than 3 years of financial data is available

Warburg Pincus Capital Corporation I-B Competitors

Churchill Capital Corp VI

NYSE:CCVI

US$679.0m

Horizon Acquisition Corporation II

NYSE:HZON

US$652.6m

Pzena Investment Management

NYSE:PZN

US$704.0m

MSD Acquisition

NasdaqCM:MSDA

US$707.3m

Price History & Performance

Summary of all time highs, changes and price drops for Warburg Pincus Capital Corporation I-B
Historical stock prices
Current Share Price	US$9.86
52 Week High	US$9.88
52 Week Low	US$9.63
Beta	0
1 Month Change	0.51%
3 Month Change	1.03%
1 Year Change	1.44%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0.61%

Shareholder Returns

	WPCB	US Capital Markets	US Market
7D	-0.2%	1.7%	1.4%
1Y	1.4%	-10.9%	-8.4%

Return vs Industry: WPCB exceeded the US Capital Markets industry which returned -11.5% over the past year.

Return vs Market: WPCB exceeded the US Market which returned -9% over the past year.

Price Volatility

Is WPCB's price volatile compared to industry and market?
WPCB volatility
WPCB Average Weekly Movement	0.3%
Capital Markets Industry Average Movement	0.5%
Market Average Movement	7.6%
10% most volatile stocks in US Market	17.1%
10% least volatile stocks in US Market	3.1%

Stable Share Price: WPCB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: WPCB's weekly volatility (0%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	650	Christopher Turner	https://warburgpincuscapitalcorp.com/capital-corporation-i-b/

Warburg Pincus Capital Corporation I-B does not have significant operations. It focuses on 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 2020 and is based in New York, New York.

Warburg Pincus Capital Corporation I-B Fundamentals Summary

How do Warburg Pincus Capital Corporation I-B's earnings and revenue compare to its market cap?
WPCB fundamental statistics
Market Cap	US$676.33m
Earnings (TTM)	US$18.32m
Revenue (TTM)	n/a

36.9x

P/E Ratio

0.0x

P/S Ratio

Is WPCB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
WPCB income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$18.32m
Earnings	US$18.32m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.27
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did WPCB perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is WPCB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WPCB?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for WPCB. This is calculated by dividing WPCB's market cap by their current preferred multiple.
What is WPCB's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	US$676.33m

WPCB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does WPCB's PE Ratio compare to its peers?

WPCB PE Ratio vs Peers

The above table shows the PE ratio for WPCB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	25.3x
CCVI Churchill Capital Corp VI	25.8x	n/a	US$679.0m
HZON Horizon Acquisition Corporation II	27.6x	n/a	US$652.6m
PZN Pzena Investment Management	10.5x	n/a	US$704.0m
MSDA MSD Acquisition	37.4x	n/a	US$707.3m
WPCB Warburg Pincus Capital Corporation I-B	36.9x	n/a	US$676.3m

Price-To-Earnings vs Peers: WPCB is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the peer average (25.3x).

Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: WPCB is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the US Capital Markets industry average (26.3x)

Price to Earnings Ratio vs Fair Ratio

What is WPCB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WPCB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	36.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate WPCB's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate WPCB's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate WPCB's fair value for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Warburg Pincus Capital Corporation I-B forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

12.0%

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 Warburg Pincus Capital Corporation I-B 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.

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Take a look at our analysis of WPCB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
Warburg Pincus Capital Corporation I-B competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Warburg Pincus Capital Corporation I-B performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

6,277.3%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: WPCB has high quality earnings.

Growing Profit Margin: Insufficient data to determine if WPCB's profit margins have improved over the past year.

Past Earnings Growth Analysis

Earnings Trend: Unable to establish if WPCB'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 WPCB's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: WPCB earnings growth over the past year (6277.3%) exceeded the Capital Markets industry 35.4%.

Return on Equity

High ROE: WPCB's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Discover strong past performing companies

Financial Health

How is Warburg Pincus Capital Corporation I-B's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: WPCB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: WPCB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: WPCB is debt free.

Reducing Debt: WPCB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: WPCB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WPCB has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is Warburg Pincus Capital Corporation I-B current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

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

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

Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if WPCB's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WPCB has not reported any payouts.

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Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average board tenure

CEO

Christopher Turner

no data

Tenure

Mr. Christopher H. Turner serves as the Executive Chairman, Chief Executive Officer and Chief Financial Officer at Warburg Pincus Capital Corporation I - A. Mr. Turner serves as the Chairman, Chief Executi...

Board Members

Experienced Board: WPCB's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

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 not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/08/18 00:00
End of Day Share Price	2022/08/16 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31