Perimeter Acquisition Corp. I (NASDAQ: PMTR)

Sector: Financial Services Industry: Shell Companies CIK: 0002061473
ROIC (Qtr) 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 483,000.00
Debt/Equity (Qtr) -0.06
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About

Investment thesis

Bull case

  • Strong tangible asset base of 246.40M provides 510.14x coverage of total debt 483000, indicating robust asset backing and low credit risk.
  • Robust tangible asset base of 246.40M provides 366.73x coverage of working capital 671879, indicating strong operational backing.
  • Tangible assets of 246.40M provide robust 811.71x coverage of other current liabilities 303554, indicating strong asset backing.
  • Long-term investments of 245.37M provide solid 365.19x backing of working capital 671879, showing strategic capital allocation.
  • Long-term investments of 245.37M provide solid 508x coverage of long-term debt 483000, indicating strategic financial planning.

Bear case

  • Other non-current assets of 56526 provide minimal coverage for long-term debt of 483000, which is 0.12x, indicating potential asset-liability mismatch.

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 0.00 0.95
EV to Cash from Ops. EV to Cash from Ops. 0.00 18.30
EV to Debt EV to Debt 0.00 125,153.88
EV to EBIT EV to EBIT 0.00 34.06
EV to EBITDA EV to EBITDA 0.00 -165.45
EV to Free Cash Flow [EV/FCF] EV to Free Cash Flow [EV/FCF] 0.00 18.30
EV to Market Cap EV to Market Cap 0.00 0.63
EV to Revenue EV to Revenue 0.00 0.00
Price to Book Value [P/B] Price to Book Value [P/B] 0.00 -20.50
Price to Earnings [P/E] Price to Earnings [P/E] 0.00 -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 Growth (1y) % 0.00 282.79
EBITDA Growth (1y) % EBITDA Growth (1y) % 0.00 -126.98
EBIT Growth (1y) % EBIT Growth (1y) % 0.00 304.32
EBT Growth (1y) % EBT Growth (1y) % 0.00 303.65
EPS Growth (1y) % EPS Growth (1y) % 0.00 956.13
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) 2.79 52.04
Current Ratio Curr Ratio (Qtr) 3.21 4.89
Debt to Equity Ratio Debt/Equity (Qtr) -0.06 -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