Andretti Acquisition Corp Valuation
| WNNRDelisted Stock | USD 10.60 0.02 0.19% |
At this time, the firm appears to be overvalued. Andretti Acquisition Corp shows a prevailing Real Value of $9.02 per share. The current price of the firm is $10.6. Our model approximates the value of Andretti Acquisition Corp from analyzing the firm fundamentals such as shares outstanding of 7.89 M, and Return On Asset of -0.0319 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Andretti Acquisition's price fluctuation is very steady at this time. Calculation of the real value of Andretti Acquisition Corp is based on 3 months time horizon. Increasing Andretti Acquisition'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 Andretti stock is determined by what a typical buyer is willing to pay for full or partial control of Andretti Acquisition Corp. Since Andretti Acquisition is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Andretti Stock. However, Andretti Acquisition'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 10.6 | Real 9.02 | Hype 10.6 |
The intrinsic value of Andretti Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Andretti Acquisition's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Andretti Acquisition Corp helps investors to forecast how Andretti 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 Andretti Acquisition more accurately as focusing exclusively on Andretti Acquisition's fundamentals will not take into account other important factors: Andretti Acquisition Total Value Analysis
Andretti Acquisition Corp is at this time estimated to have valuation of 187.86 M with market capitalization of 185.57 M, debt of 2.45 M, and cash on hands of 962.3 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 Andretti Acquisition fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
187.86 M | 185.57 M | 2.45 M | 962.3 K |
Andretti Acquisition Asset Utilization
One of the ways to look at asset utilization of Andretti is to check how much profit was generated for every dollar of assets it reports. Andretti Acquisition Corp shows a negative utilization of assets of -0.0319 percent, losing $3.19E-4 for each dollar of assets held by the firm. Unsuccessful asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Andretti Acquisition Corp shows how unproductive it operates for each dollar spent on its assets.Andretti Acquisition Ownership Allocation
The market capitalization of Andretti Acquisition Corp is $185.57 Million. The majority of Andretti Acquisition Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Andretti Acquisition Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Andretti Acquisition. Please pay attention to any change in the institutional holdings of Andretti Acquisition Corp as this could imply that something significant has changed or is about to change at the company. 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.Andretti Acquisition Profitability Analysis
Net Loss for the year was (862.92 K) with profit before overhead, payroll, taxes, and interest of 0.About Andretti Acquisition Valuation
The delisted stock valuation mechanism determines Andretti Acquisition's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Andretti Acquisition Corp based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Andretti Acquisition. We calculate exposure to Andretti Acquisition's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Andretti Acquisition's related companies.Andretti Acquisition Corp., a special purpose acquisition company, 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 Indianapolis, Indiana. Andretti Acquisition is traded on New York Stock Exchange in the United States.
Andretti Acquisition Growth Indicators
Investing in growth stocks can be very risky. If the company such as Andretti Acquisition 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 Outstanding | 22.1 M |
Check out Your Current Watchlist 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 board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Andretti Stock
If you are still planning to invest in Andretti Acquisition Corp 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 Andretti Acquisition's history and understand the potential risks before investing.
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