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NYSE: TRTL
Tortoiseecofin Acquisition Corp Iii Stock

$10.80+0.05 (+0.47%)
Updated Apr 22, 2024
TRTL Price
$10.80
Fair Value Price
N/A
Market Cap
$279.61M
52 Week Low
$10.22
52 Week High
$11.21
P/E
33.75x
P/B
-24.48x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$12.85M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.05
Operating Cash Flow
-$1M
Beta
0
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

TRTL Overview

TortoiseEcofin Acquisition Corporation III 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 businesses in the energy and sustainability sectors. The company was incorporated in 2021 and is based in Overland Park, KS.

Zen Score

Industry Average (8)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how TRTL scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

TRTL was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
TRTL is good value based on its earnings relative to its share price (33.75x), compared to the US market average (41x)
P/E vs Market Valuation
TRTL is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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TRTL News

Valuation

TRTL price to earnings (PE)

For valuing profitable companies with steady earnings
Company
33.75x
Industry
35.31x
Market
41x
TRTL is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
TRTL is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

TRTL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-24.48x
Industry
-14.28x

TRTL's financial health

Profit margin

Revenue
$0.0
Net Income
$3.1M
Profit Margin
0%
TRTL's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$183.8M
Liabilities
$12.0M
Debt to equity
-1.05
TRTL's short-term liabilities ($1.52M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
TRTL's long-term liabilities ($10.50M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
TRTL's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
TRTL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$284.0k
Investing
$0.0
Financing
-$179.9M
TRTL's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

TRTL vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
TRTL$279.61M+0.47%33.75x-24.48x
LEGT$260.19M-0.30%N/A-57.43x
JWSM$300.08M0.00%78.57x-46.65x
SLAM$258.45M0.00%100.18x-6.51x
PLAO$256.40M0.00%125.89x-36.00x

Tortoiseecofin Acquisition Iii Stock FAQ

What is Tortoiseecofin Acquisition Iii's quote symbol?

(NYSE: TRTL) Tortoiseecofin Acquisition Iii trades on the NYSE under the ticker symbol TRTL. Tortoiseecofin Acquisition Iii stock quotes can also be displayed as NYSE: TRTL.

If you're new to stock investing, here's how to buy Tortoiseecofin Acquisition Iii stock.

What is the 52 week high and low for Tortoiseecofin Acquisition Iii (NYSE: TRTL)?

(NYSE: TRTL) Tortoiseecofin Acquisition Iii's 52-week high was $11.21, and its 52-week low was $10.22. It is currently -3.63% from its 52-week high and 5.68% from its 52-week low.

How much is Tortoiseecofin Acquisition Iii stock worth today?

(NYSE: TRTL) Tortoiseecofin Acquisition Iii currently has 25,889,702 outstanding shares. With Tortoiseecofin Acquisition Iii stock trading at $10.80 per share, the total value of Tortoiseecofin Acquisition Iii stock (market capitalization) is $279.61M.

Tortoiseecofin Acquisition Iii stock was originally listed at a price of $9.90 in Jul 20, 2021. If you had invested in Tortoiseecofin Acquisition Iii stock at $9.90, your return over the last 2 years would have been 9.09%, for an annualized return of 4.45% (not including any dividends or dividend reinvestments).

How much is Tortoiseecofin Acquisition Iii's stock price per share?

(NYSE: TRTL) Tortoiseecofin Acquisition Iii stock price per share is $10.80 today (as of Apr 22, 2024).

What is Tortoiseecofin Acquisition Iii's Market Cap?

(NYSE: TRTL) Tortoiseecofin Acquisition Iii's market cap is $279.61M, as of Apr 24, 2024.

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

Tortoiseecofin Acquisition Iii's market cap is calculated by multiplying TRTL's current stock price of $10.80 by TRTL's total outstanding shares of 25,889,702.
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