Corner Growth Acquisition Valuation

COOLDelisted Stock  USD 11.10  0.10  0.89%   
At this time, the firm appears to be overvalued. Corner Growth Acquisition shows a prevailing Real Value of $9.64 per share. The current price of the firm is $11.1. Our model approximates the value of Corner Growth Acquisition from analyzing the firm fundamentals such as Shares Outstanding of 10.09 M, return on asset of -0.24, and Shares Owned By Institutions of 1.16 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
11.10
Please note that Corner Growth's price fluctuation is very steady at this time. Calculation of the real value of Corner Growth Acquisition is based on 3 months time horizon. Increasing Corner Growth's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Corner stock is determined by what a typical buyer is willing to pay for full or partial control of Corner Growth Acquisition. Since Corner Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Corner Stock. However, Corner Growth's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  11.1 Real  9.64 Hype  11.1 Naive  10.44
The intrinsic value of Corner Growth's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Corner Growth's stock price.
9.64
Real Value
12.21
Upside
Estimating the potential upside or downside of Corner Growth Acquisition helps investors to forecast how Corner stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Corner Growth more accurately as focusing exclusively on Corner Growth's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.7711.4012.03
Details
Hype
Prediction
LowEstimatedHigh
11.1011.1011.10
Details
Naive
Forecast
LowNext ValueHigh
10.4410.4410.44
Details

Corner Growth Total Value Analysis

Corner Growth Acquisition is currently estimated to have valuation of 114.71 M with market capitalization of 113.94 M, debt of 12.68 M, and cash on hands of 169.81 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Corner Growth fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
114.71 M
113.94 M
12.68 M
169.81 K

Corner Growth Asset Utilization

One of the ways to look at asset utilization of Corner is to check how much profit was generated for every dollar of assets it reports. Corner Growth Acquisition shows a negative utilization of assets of -0.24 percent, losing $0.002421 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Corner Growth Acquisition shows how discouraging it operates for each dollar spent on its assets.

Corner Growth Ownership Allocation

The market capitalization of Corner Growth Acquisition is $113.94 Million. Corner Growth Acquisition shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 95.71 percent of Corner Growth Acquisition outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.

Corner Growth Profitability Analysis

Net Loss for the year was (3.49 M) with profit before overhead, payroll, taxes, and interest of 0.

About Corner Growth Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of Corner Growth Acquisition. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Corner Growth Acquisition based exclusively on its fundamental and basic technical indicators. By analyzing Corner Growth's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Corner Growth's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Corner Growth. We calculate exposure to Corner Growth's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Corner Growth's related companies.
Corner Growth Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Palo Alto, California. Corner Growth operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Corner Growth Growth Indicators

Investing in growth stocks can be very risky. If the company such as Corner Growth does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding10.8 M
Quarterly Earnings Growth Y O Y0.473
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
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Other Consideration for investing in Corner Stock

If you are still planning to invest in Corner Growth Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Corner Growth's history and understand the potential risks before investing.
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