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NASDAQ: ACAX
Alset Capital Acquisition Corp Stock

$9.76-0.70 (-6.69%)
Updated Sep 27, 2023
ACAX Price
$9.76
Fair Value Price
N/A
Market Cap
$44.95M
52 Week Low
$4.68
52 Week High
$15.04
P/E
108.44x
P/B
-28.66x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$1.18M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-2.2
Operating Cash Flow
-$1M
Beta
-0.03
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

ACAX Overview

Alset Capital Acquisition Corp. is a "blank check" company formed to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar combinations with one or more businesses. It targets the real estate industry. Alset Capital was incorporated in 2021 and is based in Bethesda, MD.

Zen Score

Industry Average (5)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ACAX scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ACAX is poor value based on its earnings relative to its share price (108.44x), compared to the US market average (13.45x)
P/E vs Market Valuation
ACAX is poor value based on its earnings relative to its share price (108.44x), compared to the US Shell Companies industry average (11.03x)
P/E vs Industry Valuation
ACAX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
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ACAX News

Valuation

ACAX fair value

Fair Value of ACAX stock based on Discounted Cash Flow (DCF)
Price
$9.76
Fair Value
$167.03
Undervalued by
94.16%

ACAX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
108.44x
Industry
11.03x
Market
13.45x
ACAX is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ACAX is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

ACAX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-28.66x
Industry
-15.33x

ACAX's financial health

Profit margin

Revenue
$0.0
Net Income
$395.0k
Profit Margin
0%
ACAX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$22.0M
Liabilities
$3.4M
Debt to equity
-2.2
ACAX's short-term assets ($1.27M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ACAX's long-term liabilities ($3.02M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ACAX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ACAX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$479.8k
Investing
$69.1M
Financing
-$68.3M
ACAX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

ACAX vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
ACAX$44.95M-6.69%108.44x-28.66x
WINV$45.17M-0.73%-57.42x-7.13x
ACBA$44.26M-0.17%-14.42x-7.80x
AIB$43.36M+6.89%-41.21x-10.50x
HUDA$47.93M0.00%N/A-17.82x

Alset Capital Acquisition Stock FAQ

What is Alset Capital Acquisition's quote symbol?

(NASDAQ: ACAX) Alset Capital Acquisition trades on the NASDAQ under the ticker symbol ACAX. Alset Capital Acquisition stock quotes can also be displayed as NASDAQ: ACAX.

If you're new to stock investing, here's how to buy Alset Capital Acquisition stock.

What is the 52 week high and low for Alset Capital Acquisition (NASDAQ: ACAX)?

(NASDAQ: ACAX) Alset Capital Acquisition's 52-week high was $15.04, and its 52-week low was $4.68. It is currently -35.11% from its 52-week high and 108.55% from its 52-week low.

How much is Alset Capital Acquisition stock worth today?

(NASDAQ: ACAX) Alset Capital Acquisition currently has 4,606,036 outstanding shares. With Alset Capital Acquisition stock trading at $9.76 per share, the total value of Alset Capital Acquisition stock (market capitalization) is $44.95M.

Alset Capital Acquisition stock was originally listed at a price of $9.96 in Feb 1, 2022. If you had invested in Alset Capital Acquisition stock at $9.96, your return over the last 1 years would have been -2.01%, for an annualized return of -2.01% (not including any dividends or dividend reinvestments).

How much is Alset Capital Acquisition's stock price per share?

(NASDAQ: ACAX) Alset Capital Acquisition stock price per share is $9.76 today (as of Sep 27, 2023).

What is Alset Capital Acquisition's Market Cap?

(NASDAQ: ACAX) Alset Capital Acquisition's market cap is $44.95M, as of Sep 28, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Alset Capital Acquisition's market cap is calculated by multiplying ACAX's current stock price of $9.76 by ACAX's total outstanding shares of 4,606,036.
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