Haymaker Acquisition Corp. III (HYAC) is a publicly traded company in the Financial Services — Shell Companies industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Haymaker Acquisition Corp. III is presently without substantial commercial operations. Established in 2020, this New York-based entity's primary objective is to acquire and manage a business operating in the consumer or consumer-related products and services industries.
Analysis Summary
Trailing-twelve-month margins: gross margin 68.6%, operating margin -1.3%, net margin -5.7%.
At the current price of $10.75, HYAC has negative trailing earnings (P/E not meaningful) and an ROE of -11.19%. Market capitalisation stands at $314M.
Balance sheet quality for HYAC: current ratio of 0.0, net cash position of $15.0M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Price
| Price | $10.75 |
| Market Cap | $314M |
| Exchange | NYSE |
| Country | US |
Valuation Ratios
| Price / Book | -5.29 |
| EV / EBITDA | -41.63 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | -11.19% |
| Return on Invested Capital | -3.24% |
| Return on Assets | -10.22% |
| Gross Margin | 68.58% |
| Operating Margin | -1.33% |
| Net Margin | -5.66% |
Financial Health
| Debt / Equity | -0.18 |
| Current Ratio | 1.43 |
What to look at in Financial Services
Asset managers, brokers, fintech, exchanges. They are not banks — look at AUM, fees and FCF quality.
- 5y revenue growth — Without growth, there is no long-term value creation
- Operating margin — Good asset managers have >30% margins thanks to scalability
- ROE — Quality financial services have a consistent ROE >15%
- FCF / Net Income — Earnings quality — >90% expected in capital-light businesses
- Debt / Equity — Fintech and brokers with high D/E are time bombs in crises
- P/E vs own 5y — Asset managers have stable multiples in well-known ranges
- Dividend yield + buybacks — These businesses return a lot of capital — look at total yield (div + buybacks)
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| HYAC | Haymaker Acquisition Corp. III | $314M | -11.2% | ||
| DCRC | Decarbonization Plus Acquisition Corporation III | $2.3T | 4.73 | -19.3% | |
| RTPY | Reinvent Technology Partners Y | $11.6B | |||
| SSPK | Silver Spike Acquisition Corp. | $3.4B | 942.00 | 33.41 | 3.5% |
| CCXIW | Churchill Capital Corp XI Warrants | $2.1B |
Price Performance
| 1 month | +0.00% |
| 3 months | +0.00% |
| Year-to-date | -5.54% |
| 1 year | -3.93% |
| 3 years | +5.70% |
52-Week Range
| 52-week High | $12.54 |
| 52-week Low | $9.67 |
| Avg Volume (90d) | 247K |
Related companies: BEAG · BLUW · GPAT · GRAF · LEGT · LPAA · MLAC
Explore sector: Financial Services · Shell Companies
More sections of HYAC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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