Contrasting Black Spade Acquisition (BSAQ) & Its Competitors

Black Spade Acquisition (NYSE:BSAQ – Get Rating) is one of 706 publicly-traded companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its rivals? We will compare Black Spade Acquisition to related companies based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, valuation, risk and earnings.

Insider and Institutional 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. 18.3% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of recent recommendations for Black Spade Acquisition and its rivals, as reported 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	113	586	864	15	2.49

As a group, “Holding & other investment offices” companies have a potential upside of 72.77%. Given Black Spade Acquisition’s rivals higher probable upside, analysts plainly believe Black Spade Acquisition has less favorable growth aspects than its rivals.

Earnings and Valuation

This table compares Black Spade Acquisition and its rivals 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	$1.45 billion	$32.16 million	-8.24

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

Profitability

This table compares Black Spade Acquisition and its rivals’ 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%

Risk and Volatility

Black Spade Acquisition has a beta of 0.04, meaning that its share price is 96% less volatile than the S&P 500. Comparatively, Black Spade Acquisition’s rivals have a beta of 0.03, meaning that their average share price is 97% less volatile than the S&P 500.

Black Spade Acquisition Company Profile

(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.