Financial Comparison: Churchill Capital Corp IX (CCIX) versus Its Rivals

Churchill Capital Corp IX (NASDAQ:CCIX) is one of 78 public companies in the “UNCLASSIFIED” industry, but how does it compare to its rivals? We will compare Churchill Capital Corp IX to related businesses based on the strength of its analyst recommendations, risk, profitability, earnings, valuation, dividends and institutional ownership.

Valuation & Earnings

This table compares Churchill Capital Corp IX and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Churchill Capital Corp IX	N/A	$8.56 million	48.68
Churchill Capital Corp IX Competitors	$37.90 million	-$37.43 million	68.68

Churchill Capital Corp IX’s rivals have higher revenue, but lower earnings than Churchill Capital Corp IX. Churchill Capital Corp IX is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Institutional and Insider Ownership

53.9% of shares of all “UNCLASSIFIED” companies are held by institutional investors. 21.6% of Churchill Capital Corp IX shares are held by insiders. Comparatively, 42.7% of shares of all “UNCLASSIFIED” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Churchill Capital Corp IX and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Churchill Capital Corp IX	1	0	0	0	1.00
Churchill Capital Corp IX Competitors	487	232	200	3	1.70

As a group, “UNCLASSIFIED” companies have a potential upside of 81.09%. Given Churchill Capital Corp IX’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Churchill Capital Corp IX has less favorable growth aspects than its rivals.

Profitability

This table compares Churchill Capital Corp IX and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Churchill Capital Corp IX	N/A	-95.26%	2.81%
Churchill Capital Corp IX Competitors	-267.15%	-334.51%	-54.60%

Risk and Volatility

Churchill Capital Corp IX has a beta of -0.11, indicating that its stock price is 111% less volatile than the S&P 500. Comparatively, Churchill Capital Corp IX’s rivals have a beta of -0.08, indicating that their average stock price is 108% less volatile than the S&P 500.

Summary

Churchill Capital Corp IX rivals beat Churchill Capital Corp IX on 9 of the 13 factors compared.

Churchill Capital Corp IX Company Profile

Coleman Cable, Inc. (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing. It sells its products to more than 8,000 active customers in end markets. It operates in three segments: Distribution, OEM, and Other. On April 1, 2011, the Company acquired The Designers Edge. On April 29, 2011, the Company acquired certain assets of First Capitol Wire and Cable (FCWC) and Continental Wire and Cable (CWC). On May 16, 2011, the Company acquired Technology Research Corporation (TRC). In May 2012, the Company acquired Watteredge, Inc.