NasdaqCM:BRPA

Stock Analysis Report

Big Rock Partners Acquisition

Executive Summary

Big Rock Partners Acquisition Corp. does not have significant operations.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Big Rock Partners Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.6%

BRPA

11.6%

US Healthcare

9.4%

US Market


1 Year Return

3.0%

BRPA

7.2%

US Healthcare

-6.8%

US Market

Return vs Industry: BRPA underperformed the US Healthcare industry which returned 7.2% over the past year.

Return vs Market: BRPA exceeded the US Market which returned -6.8% over the past year.


Shareholder returns

BRPAIndustryMarket
7 Day0.6%11.6%9.4%
30 Day0.09%-4.2%-3.9%
90 Day0.09%-11.5%-16.5%
1 Year3.0%3.0%8.6%7.2%-4.8%-6.8%
3 Yearn/a29.7%23.9%23.4%15.2%
5 Yearn/a34.8%25.6%41.3%25.7%

Price Volatility Vs. Market

How volatile is Big Rock Partners Acquisition's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Big Rock Partners Acquisition undervalued compared to its fair value and its price relative to the market?

6.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BRPA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BRPA's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BRPA is overvalued based on its PB Ratio (6.1x) compared to the US Healthcare industry average (2.5x).


Next Steps

Future Growth

How is Big Rock Partners Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

Forecasted Healthcare 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 Big Rock Partners 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 Big Rock Partners Acquisition performed over the past 5 years?

60.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BRPA is currently unprofitable.

Growing Profit Margin: BRPA is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: BRPA is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (14%).


Return on Equity

High ROE: BRPA has a negative Return on Equity (8.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Big Rock Partners Acquisition's financial position?


Financial Position Analysis

Short Term Liabilities: BRPA's short term assets ($69.5K) do not cover its short term liabilities ($622.4K).

Long Term Liabilities: BRPA's short term assets ($69.5K) do not cover its long term liabilities ($26.5M).


Debt to Equity History and Analysis

Debt Level: BRPA's debt to equity ratio (39%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BRPA's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: BRPA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BRPA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.8% each year


Next Steps

Dividend

What is Big Rock Partners Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BRPA'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 BRPA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.4yrs

Average board tenure


CEO

Richard Ackerman (60yo)

2.58s

Tenure

Mr. Richard S. Ackerman Co-founded ALDA Office Properties, Inc. and serves as its Chief Executive Officer. Mr. Ackerman is a Senior Managing Principal and Founding Chairman of Big Rock Partners, LLC. He ha ...


Board Members

NamePositionTenureCompensationOwnership
Richard Ackerman
Chairman2.58yrsno datano data
Bennett Kim
Chief Investment Officer0.17yrno datano data
Troy Taylor
Independent Director2.42yrsno datano data
Albert Rex
Independent Director2.42yrsno datano data
Michael Fong
Independent Director2.42yrsno datano data
Richard Birdoff
Independent Director2.42yrsno datano data
Stuart Koenig
Independent Director2.42yrsno datano data

2.4yrs

Average Tenure

61yo

Average Age

Experienced Board: BRPA's board of directors are not considered experienced ( 2.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.4%.


Top Shareholders

Company Information

Big Rock Partners Acquisition Corp.'s company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Big Rock Partners Acquisition Corp.
  • 2645 North Federal Highway
  • Suite 230
  • Delray Beach
  • Florida
  • 33483
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRPA.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDNov 2017
BRPANasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 2017

Biography

Big Rock Partners Acquisition Corp. does not have significant operations. It intends to enter in to a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities on identifying a prospective target business. The company was founded in 2017 and is based in Delray Beach, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 09:45
End of Day Share Price2020/04/08 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.