Head to Head Analysis: Churchill Capital Corp IX (CCIX) & Its Competitors

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

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 company insiders. Comparatively, 43.6% of shares of all “UNCLASSIFIED” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Churchill Capital Corp IX and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Churchill Capital Corp IX	N/A	$8.56 million	49.05
Churchill Capital Corp IX Competitors	$38.20 million	-$41.51 million	77.01

Churchill Capital Corp IX’s competitors 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 competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

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

Analyst Recommendations

This is a summary of recent recommendations and price targets for Churchill Capital Corp IX and its competitors, as provided by MarketBeat.com.

	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	493	236	201	3	1.69

As a group, “UNCLASSIFIED” companies have a potential upside of 70.58%. Given Churchill Capital Corp IX’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Churchill Capital Corp IX has less favorable growth aspects than its competitors.

Profitability

This table compares Churchill Capital Corp IX and its competitors’ 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	-384.71%	-227.52%	-39.79%

Summary

Churchill Capital Corp IX competitors 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.