Cantor Equity Partners I, Inc. (NASDAQ: CEPO)

Sector: Financial Services Industry: Shell Companies CIK: 0002027708
Market Cap 268.38 Mn
P/B -68.18
P/E 65.25
P/S 0.00
ROIC (Qtr) 24.67
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 330,261.00
Debt/Equity (Qtr) -0.08
Add ratio to table...

About

Investment thesis

Bull case

  • Healthy cash reserves of 205.49M provide 622.20x coverage of short-term debt 330261, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 205.75M provides 622.99x coverage of total debt 330261, indicating robust asset backing and low credit risk.
  • Tangible assets of 205.75M provide robust 642.02x coverage of other current liabilities 320471, indicating strong asset backing.
  • Cash reserves of 205.49M provide robust 315.78x coverage of current liabilities 650732, indicating strong short-term solvency.
  • Strong cash position of 205.49M provides 641.21x coverage of other current liabilities 320471, indicating excellent liquidity.

Bear case

  • Operating cash flow of 2918 barely covers its investment activities of (200M), with a coverage ratio of -0, indicating heavy reliance on external financing for growth which may not be sustainable in a tighter credit environment.
  • Free cash flow of 2918 represents just -0.01x of debt issuance (448025), suggesting concerning reliance on leverage rather than internal cash generation for growth.
  • Tangible assets of 205.75M provide limited backing for working capital of (416856), which is -493.57x, suggesting increased operational risk in market downturns.
  • R&D investment of 0 represents just 0x of SG&A expenses of 782168, indicating potential underinvestment in innovation relative to administrative overhead.
  • Operating cash flow of 2918 is outpaced by equity issuance of 205M (0 ratio), indicating concerning reliance on equity markets for funding operations.

Peer comparison

Companies in the Shell Companies
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 ANSC Agriculture & Natural Solutions Acquisition Corp 493.77 Mn 56.15 0.00 0.84 Mn
2 CCIX Churchill Capital Corp IX/Cayman 395.47 Mn 46.22 0.00 0.00 Mn
3 ALF Centurion Acquisition Corp. 394.73 Mn 32.55 0.00 0.01 Mn
4 GPAT GP-Act III Acquisition Corp. 389.33 Mn 31.65 0.00 0.40 Mn
5 HYAC Haymaker Acquisition Corp. 4 338.26 Mn 38.17 0.00 1.88 Mn
6 SIMA SIM Acquisition Corp. I 328.57 Mn 35.70 0.00 0.00 Mn
7 AFJK Aimei Health Technology Co., Ltd. 303.65 Mn 216.00 0.00 1.66 Mn
8 GRAF Graf Global Corp. 300.58 Mn 34.68 0.00 0.00 Mn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.32 0.95
EV to Cash from Ops. EV/CFO 22,371.24 18.30
EV to Debt EV to Debt 197.66 125,153.88
EV to EBIT EV/EBIT 15.87 34.06
EV to EBITDA EV/EBITDA -83.46 -165.45
EV to Free Cash Flow [EV/FCF] EV/FCF 22,371.24 18.30
EV to Market Cap EV to Market Cap 0.24 0.63
EV to Revenue EV to Revenue 0.00 0.00
Price to Book Value [P/B] P/B -68.18 -20.50
Price to Earnings [P/E] P/E 65.25 -125.27
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 0.04
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 0.00
Dividend per Basic Share Div per Share (Qtr) 0.00 0.00
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 0.00
Interest Coverage Interest Coverage 0.00 2.94
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 0.00
Cash and Equivalents Growth (1y) % Cash and Equivalents Growth (1y) % 0.00 410.95
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 0.00
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 6,863.32 282.79
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 0.00 -126.98
EBIT Growth (1y) % EBIT 1y % (Qtr) 6,863.32 304.32
EBT Growth (1y) % EBT 1y % (Qtr) 6,863.32 303.65
EPS Growth (1y) % EPS 1y % (Qtr) 1,700.00 956.13
FCF Growth (1y) % FCF Growth (1y) % 0.00 -37.62
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 0.00
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.00
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.00
Cash Ratio Cash Ratio (Qtr) 315.78 52.04
Current Ratio Curr Ratio (Qtr) 0.36 4.89
Debt to Equity Ratio Debt/Equity (Qtr) -0.08 -0.27
Interest Cover Ratio Interest Cover Ratio 0.00 2.94
Times Interest Earned Times Interest Earned 0.00 2.94
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 0.00
EBIT Margin % EBIT Margin % 0.00 0.00
EBT Margin % EBT Margin % 0.00 0.00
Gross Margin % Gross Margin % 0.00 0.00
Net Profit Margin % Net Profit Margin % 0.00 0.00