Investcorp Europe Acquisition I Corp
Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors. The company was formerly known as Investcorp Asia Acquisit… Read more
Investcorp Europe Acquisition I Corp (IVCB) - Net Assets
Latest net assets as of September 2024: $118.92 Million USD
Based on the latest financial reports, Investcorp Europe Acquisition I Corp (IVCB) has net assets worth $118.92 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($129.01 Million) and total liabilities ($10.09 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $118.92 Million |
| % of Total Assets | 92.18% |
| Annual Growth Rate | -45.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 40.43 |
Investcorp Europe Acquisition I Corp - Net Assets Trend (2021–2023)
This chart illustrates how Investcorp Europe Acquisition I Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Investcorp Europe Acquisition I Corp (2021–2023)
The table below shows the annual net assets of Investcorp Europe Acquisition I Corp from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $95.07 Million | -72.29% |
| 2022-12-31 | $343.13 Million | +8.56% |
| 2021-12-31 | $316.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Investcorp Europe Acquisition I Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 313040000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $127.77 Million | 134.39% |
| Total Equity | $95.07 Million | 100.00% |
Investcorp Europe Acquisition I Corp Competitors by Market Cap
The table below lists competitors of Investcorp Europe Acquisition I Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu GDK Biotechnology Co Ltd
SHG:688670
|
$92.38 Million |
|
VAXART INC. DL-10
F:NB11
|
$92.50 Million |
|
Velocity Financial Llc
NYSE:VEL
|
$92.51 Million |
|
Moshi Moshi Retail Corp. PCL
BK:MOSHI
|
$92.54 Million |
|
Aker Biomarine AS
OL:AKBM
|
$92.30 Million |
|
FENIX Resources Ltd
AU:FEX
|
$92.21 Million |
|
IVF Hartmann Holding AG
SW:VBSN
|
$92.20 Million |
|
Mammoth Energy Services Inc
NASDAQ:TUSK
|
$92.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Investcorp Europe Acquisition I Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 343,133,814 to 95,069,202, a change of -248,064,612 (-72.3%).
- Net loss of 4,415,000 reduced equity.
- Share repurchases of 243,649 reduced equity.
- Other factors decreased equity by 243,405,963.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.42 Million | -4.64% |
| Share Repurchases | $243.65K | -0.26% |
| Other Changes | $-243.41 Million | -256.03% |
| Total Change | $- | -72.29% |
Book Value vs Market Value Analysis
This analysis compares Investcorp Europe Acquisition I Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.93x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.70x to 3.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.33 | $12.50 | x |
| 2022-12-31 | $7.96 | $12.50 | x |
| 2023-12-31 | $3.18 | $12.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Investcorp Europe Acquisition I Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.35x
- Recent ROE (-4.64%) is below the historical average (1.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.29% | 0.00% | 0.00x | 1.13x | $-30.70 Million |
| 2022 | 7.86% | 91.81% | 0.08x | 1.04x | $-7.35 Million |
| 2023 | -4.64% | 0.00% | 0.00x | 1.35x | $-13.92 Million |
Industry Comparison
This section compares Investcorp Europe Acquisition I Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Investcorp Europe Acquisition I Corp (IVCB) | $118.92 Million | 0.29% | 0.08x | $92.36 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |