Haymaker Acquisition Corp. III (HYAC) is a Shell Companies company in the Financial Services sector, currently trading at $10.75. It has a SharesGrow Score of 74/100, indicating a above average investment profile with 3 out of 7 criteria passed.
SharesGrow calculates the intrinsic value of HYAC = $25.29 (+135.3% from the current price, the stock appears undervalued).
Valuation: HYAC trades at a trailing Price-to-Earnings (P/E) of 12.2 (S&P 500 average ~25).
Financials: revenue is $192M, +0%/yr average growth. Net income is $27M, growing at +210744.9%/yr. Net profit margin is 14.1% (healthy). Gross margin is 71.5% (+0 pp trend).
Balance sheet: total debt is $9M with negative equity of -$50M — this means total liabilities exceed total assets. This is a warning sign that may indicate accumulated losses, aggressive share buybacks, heavy debt financing, or aggressive dividend payouts. Companies like McDonald's and Starbucks also carry negative equity due to buybacks and dividends, but investors should assess whether the business generates sufficient cash flow to service its debt and sustain payouts. Current ratio is 1.22 (adequate). Debt-to-assets is 8.5%. Total assets: $108M.
Analyst outlook: 2 / 2 analysts rate HYAC as buy (100%) — strong consensus.
SharesGrow 7-Criteria breakdown: Value 85/100 (Pass), Growth 100/100 (Pass), Past 75/100 (Partial), Health 50/100 (Partial), Moat 54/100 (Partial), Future 100/100 (Pass), Income 55/100 (Partial).