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BITE ACQUISITION CORP (BITE) Stock Fundamental Analysis

USA - NYSE Arca - NYSEARCA:BITE - US09175K1051 - Common Stock

12.5 USD
+3.8 (+43.68%)
Last: 6/28/2024, 8:04:01 PM
14.75 USD
+2.25 (+18%)
After Hours: 6/28/2024, 8:04:01 PM
Fundamental Rating

1

BITE gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 0 industry peers in the Unkown industry. Both the profitability and financial health of BITE have multiple concerns. BITE has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • BITE had negative earnings in the past year.
  • In the past year BITE has reported a negative cash flow from operations.
BITE Yearly Net Income VS EBIT VS OCF VS FCFBITE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 0 -1M -2M -3M

1.2 Ratios

Industry RankSector Rank
ROA -1.03%
ROE -1.24%
ROIC N/A
ROA(3y)-0.11%
ROA(5y)N/A
ROE(3y)-0.22%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BITE Yearly ROA, ROE, ROICBITE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 0 2 -2 -4 -6 -8

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for BITE so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
BITE Yearly Profit, Operating, Gross MarginsBITE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023

More info and screens

2

2. Health

2.1 Basic Checks

  • The number of shares outstanding for BITE has been reduced compared to 1 year ago.
  • Compared to 1 year ago, BITE has a worse debt to assets ratio.
BITE Yearly Shares OutstandingBITE Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 5M 10M 15M 20M 25M
BITE Yearly Total Debt VS Total AssetsBITE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 50M 100M 150M 200M

2.2 Solvency

  • An Altman-Z score of 12.84 indicates that BITE is not in any danger for bankruptcy at the moment.
  • A Debt/Equity ratio of 0.05 indicates that BITE is not too dependend on debt financing.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF N/A
Altman-Z 12.84
ROIC/WACCN/A
WACCN/A
BITE Yearly LT Debt VS Equity VS FCFBITE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 0 50M 100M 150M

2.3 Liquidity

  • A Current Ratio of 0.04 indicates that BITE may have some problems paying its short term obligations.
  • BITE has a Quick Ratio of 0.04. This is a bad value and indicates that BITE is not financially healthy enough and could expect problems in meeting its short term obligations.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
BITE Yearly Current Assets VS Current LiabilitesBITE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 1M 2M 3M

More info and screens

0

3. Growth

3.1 Past

  • BITE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.89%, which is quite good.
EPS 1Y (TTM)15.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%96.63%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

  • BITE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BITE Price Earnings VS Forward Price EarningsBITE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
BITE Per share dataBITE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5 2 2.5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

  • BITE does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

BITE ACQUISITION CORP

NYSEARCA:BITE (6/28/2024, 8:04:01 PM)

After market: 14.75 +2.25 (+18%)

12.5

+3.8 (+43.68%)

Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)05-14
Earnings (Next)08-19
Inst Owners1.88%
Inst Owner Change-87.84%
Ins OwnersN/A
Ins Owner Change0%
Market Cap0
Revenue(TTM)N/A
Net Income(TTM)-263.86K
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 4.71
P/tB 4.71
EV/EBITDA N/A
EPS(TTM)-0.03
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)-0.21
OCFYN/A
SpS0
BVpS2.65
TBVpS2.65
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -1.03%
ROE -1.24%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-0.11%
ROA(5y)N/A
ROE(3y)-0.22%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score1
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z 12.84
F-Score1
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%96.63%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-38.92%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-207.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-207.79%
OCF growth 3YN/A
OCF growth 5YN/A

BITE ACQUISITION CORP / BITE FAQ

Can you provide the ChartMill fundamental rating for BITE ACQUISITION CORP?

ChartMill assigns a fundamental rating of 1 / 10 to BITE.


What is the valuation status of BITE ACQUISITION CORP (BITE) stock?

ChartMill assigns a valuation rating of 0 / 10 to BITE ACQUISITION CORP (BITE). This can be considered as Overvalued.


What is the profitability of BITE stock?

BITE ACQUISITION CORP (BITE) has a profitability rating of 0 / 10.


What is the financial health of BITE ACQUISITION CORP (BITE) stock?

The financial health rating of BITE ACQUISITION CORP (BITE) is 2 / 10.