Finnovate Acquisition Corp
OTC:FNVTF

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Finnovate Acquisition Corp Logo
Finnovate Acquisition Corp
OTC:FNVTF
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Price: 15.01 USD 31.57% Market Closed
Market Cap: $121.3m

EV/IC

5
Current
No historical data
Comparison unavailable

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
5
=
Enterprise Value
$122.8m
/
Invested Capital
$24.3m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
5
=
Enterprise Value
$122.8m
/
Invested Capital
$24.3m

Valuation Scenarios

Finnovate Acquisition Corp is trading above its 3-year average

If EV/IC returns to its 3-Year Average (5), the stock would be worth $15.01 (0% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-57%
Maximum Upside
No Upside Scenarios
Average Downside
25%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 5 $15.01
0%
3-Year Average 5 $15.01
0%
5-Year Average 5 $15.01
0%
Industry Average 2.2 $6.47
-57%
Country Average 2.9 $8.57
-43%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
KY
Finnovate Acquisition Corp
OTC:FNVTF
Average P/E: 7 210.5
682.4
N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.4
1%
10.4
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 368.9
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Coupang Inc
F:788
173.5
96%
1.8
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 256.9 N/A N/A
ZA
V
Vukile Property Fund Ltd
JSE:VKE
6.9
-5%
N/A

Market Distribution

Higher than 75% of companies in Cayman Islands
Percentile
75th
Based on 77 companies
75th percentile
5
Low
0 — 1.4
Typical Range
1.4 — 4
High
4 —
Distribution Statistics
Cayman Islands
Min 0
30th Percentile 1.4
Median 2.9
70th Percentile 4
Max 517.8

Finnovate Acquisition Corp
Glance View

Market Cap
121.3m USD
Industry
N/A

Finnovate Acquisition Corp. operates as a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. The company is headquartered in George Town, Grand Cayman and currently employs 2 full-time employees. The company went IPO on 2021-11-04. The firm is formed for the purpose of acquiring one and more businesses and assets, through a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. The firm is not limited to a particular industry or sector for purposes of consummating a business combination. The firm has not commenced any operations and has not generated any revenue.

FNVTF Intrinsic Value
3.04 USD
Overvaluation 80%
Intrinsic Value
Price $15.01
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