New Providence Acquisition Corp. III (NPAC) 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.
New Providence Acquisition Corp. III (NPAC) operates as a Delaware-incorporated Special Purpose Acquisition Company (SPAC). Its primary objective is to complete a business combination, which may involve a merger, asset acquisition, share exchange, stock purchase, reorganization, or a similar corporate transaction, with one or more target entities.
Analysis Summary
Trailing-twelve-month margins: gross margin 0.0%, operating margin 0.0%, net margin 0.0%.
At the current price of $10.48, NPAC trades at a P/E of 43.35 and an ROE of 4.23%. Market capitalisation stands at $324M.
Balance sheet quality for NPAC: current ratio of 8.5. 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 -$739616 represents -10% 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 | $10.48 |
| Market Cap | $324M |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 43.35 |
| Price / Book | -28.86 |
| EV / EBITDA | -138.41 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | 4.23% |
| Return on Invested Capital | -0.74% |
| Return on Assets | 2.94% |
| Gross Margin | 0.00% |
| Operating Margin | 0.00% |
| Net Margin | 0.00% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 0.16 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 18.28 |
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 |
|---|---|---|---|---|---|
| NPAC | New Providence Acquisition Corp. III | $324M | 43.35 | 4.2% | |
| 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 | +1.06% |
| Year-to-date | +2.14% |
| 1 year | +2.44% |
52-Week Range
| 52-week High | $10.55 |
| 52-week Low | $10.10 |
| Avg Volume (90d) | 71K |
Related companies: ATII · CHAC · JACS · MLAC · OBA · POLE · SIMA
Explore sector: Financial Services · Shell Companies
More sections of NPAC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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