Earnings & Valuation
This table compares Swiftmerge Acquisition and its peers top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Swiftmerge Acquisition | N/A | $3.42 million | -525.00 |
Swiftmerge Acquisition Competitors | $12.15 billion | $1.07 billion | 17.44 |
Swiftmerge Acquisition’s peers have higher revenue and earnings than Swiftmerge Acquisition. Swiftmerge Acquisition is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
38.1% of Swiftmerge Acquisition shares are held by institutional investors. Comparatively, 53.3% of shares of all “Crude petroleum & natural gas” companies are held by institutional investors. 42.9% of Swiftmerge Acquisition shares are held by insiders. Comparatively, 9.9% of shares of all “Crude petroleum & natural gas” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Risk & Volatility
Profitability
This table compares Swiftmerge Acquisition and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Swiftmerge Acquisition | N/A | -11.71% | -0.23% |
Swiftmerge Acquisition Competitors | -2.51% | 2.56% | 6.47% |
Summary
Swiftmerge Acquisition peers beat Swiftmerge Acquisition on 6 of the 9 factors compared.
About Swiftmerge Acquisition
Swiftmerge Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.
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