Contrasting Black Spade Acquisition (BSAQ) and Its Peers

Black Spade Acquisition (NYSE:BSAQ – Get Rating) is one of 712 publicly-traded companies in the “Holding & other investment offices” industry, but how does it contrast to its peers? We will compare Black Spade Acquisition to related businesses based on the strength of its earnings, analyst recommendations, valuation, risk, profitability, institutional ownership and dividends.

Profitability

This table compares Black Spade Acquisition and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Black Spade Acquisition	N/A	-56.06%	3.17%
Black Spade Acquisition Competitors	-58.78%	-66.95%	-1.84%

Analyst Ratings

This is a breakdown of current ratings for Black Spade Acquisition and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Black Spade Acquisition	0	0	0	0	N/A
Black Spade Acquisition Competitors	114	591	880	15	2.50

As a group, “Holding & other investment offices” companies have a potential upside of 302.83%. Given Black Spade Acquisition’s peers higher probable upside, analysts clearly believe Black Spade Acquisition has less favorable growth aspects than its peers.

Earnings & Valuation

This table compares Black Spade Acquisition and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Black Spade Acquisition	N/A	$12.02 million	41.20
Black Spade Acquisition Competitors	$1.29 billion	$27.54 million	-3.71

Black Spade Acquisition’s peers have higher revenue and earnings than Black Spade Acquisition. Black Spade Acquisition is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

52.1% of Black Spade Acquisition shares are held by institutional investors. Comparatively, 66.9% of shares of all “Holding & other investment offices” companies are held by institutional investors. 3.3% of Black Spade Acquisition shares are held by insiders. Comparatively, 18.5% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Volatility and Risk

Black Spade Acquisition has a beta of 0.04, meaning that its stock price is 96% less volatile than the S&P 500. Comparatively, Black Spade Acquisition’s peers have a beta of 0.04, meaning that their average stock price is 96% less volatile than the S&P 500.

About Black Spade Acquisition

(Get Rating)

Black Spade Acquisition Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with companies in the entertainment industry worldwide. The company was incorporated in 2021 and is based in Central, Hong Kong.