Head to Head Analysis: Black Spade Acquisition (BSAQ) versus Its Rivals

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 contrast to its competitors? We will compare Black Spade Acquisition to similar businesses based on the strength of its risk, profitability, analyst recommendations, institutional ownership, valuation, dividends and earnings.

Analyst Recommendations

This is a summary of recent ratings and price targets for Black Spade Acquisition and its competitors, as provided by MarketBeat.

	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 competitors higher probable upside, analysts clearly believe Black Spade Acquisition has less favorable growth aspects than its competitors.

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 competitors have a beta of 0.03, meaning that their average stock price is 97% less volatile than the S&P 500.

Institutional and Insider Ownership

52.1% of Black Spade Acquisition shares are owned by institutional investors. Comparatively, 66.9% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 18.3% of shares of all “Holding & other investment offices” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares Black Spade Acquisition and its competitors’ 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%

Earnings & Valuation

This table compares Black Spade Acquisition and its competitors top-line 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 competitors have higher revenue and earnings than Black Spade Acquisition. Black Spade Acquisition is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

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.