LightWave Acquisition Corp. (LWAC) is a publicly traded company in the Financial Services — Shell Companies industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
LightWave Acquisition Corp. functions as a special purpose acquisition company (SPAC), formed with the explicit goal of entering into a business combination. This could involve a merger, a share exchange, an asset acquisition, or a similar strategic transaction with one or more operating entities. The company's primary focus for potential targets lies within the technology and innovation sectors.
Analysis Summary
Trailing-twelve-month margins: gross margin 0.0%, operating margin 0.0%, net margin 0.0%.
At the current price of $10.32, LWAC trades at a P/E of 26.26 and an ROE of 2.80%. Market capitalisation stands at $310M.
Balance sheet quality for LWAC: current ratio of 6.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is below average: free cash flow of -$476930 represents -22% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $10.32 |
| Market Cap | $310M |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 26.26 |
| Price / Book | 1.03 |
| EV / EBITDA | -793.16 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | 2.80% |
| Return on Invested Capital | -0.17% |
| Return on Assets | 2.67% |
| Gross Margin | 0.00% |
| Operating Margin | 0.00% |
| Net Margin | 0.00% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 1.84 |
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 |
|---|---|---|---|---|---|
| LWAC | LightWave Acquisition Corp. | $310M | 26.26 | 1.03 | 2.8% |
| 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 | -0.29% |
| 3 months | +1.08% |
| Year-to-date | +2.89% |
| 1 year | +3.61% |
52-Week Range
| 52-week High | $10.35 |
| 52-week Low | $9.94 |
| Avg Volume (90d) | 9K |
Related companies: BLUW · BSAA · CCCXW · KCHV · MLAC · NMPAU · OBA
Explore sector: Financial Services · Shell Companies
More sections of LWAC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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