IB Acquisition Corp. Common Stock (IBAC) is a Shell Companies company in the Financial Services sector, currently trading at $10.73. It has a SharesGrow Score of 62/100, indicating a above average investment profile with 2 out of 7 criteria passed.
SharesGrow calculates the intrinsic value of IBAC = $5.84 (-45.6% from the current price, the stock appears overvalued).
Valuation: IBAC trades at a trailing Price-to-Earnings (P/E) of 6.5 (S&P 500 average ~25).
Net income is $3M, growing at +8794.6%/yr. Net profit margin is 0% (thin). Gross margin is 0% (+0 pp trend).
Balance sheet: total debt is $0 against $15M equity (Debt-to-Equity (D/E) ratio 0, conservative). Current ratio is 0.68 (tight liquidity). Debt-to-assets is 0%. Total assets: $17M.
SharesGrow 7-Criteria breakdown: Value 100/100 (Pass), Growth 100/100 (Pass), Past 50/100 (Partial), Health 50/100 (Partial), Moat 28/100 (Fail), Future ?/100 (Fail), Income ?/100 (Fail).