Analyzing Churchill Capital Corp IX (CCIX) & The Competition

Churchill Capital Corp IX (NASDAQ:CCIX) is one of 78 public companies in the “UNCLASSIFIED” industry, but how does it weigh in compared to its peers? We will compare Churchill Capital Corp IX to similar businesses based on the strength of its earnings, dividends, analyst recommendations, risk, profitability, valuation and institutional ownership.

Profitability

This table compares Churchill Capital Corp IX and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Churchill Capital Corp IX	N/A	-95.26%	2.81%
Churchill Capital Corp IX Competitors	-400.93%	-247.11%	-56.39%

Analyst Ratings

This is a summary of current recommendations for Churchill Capital Corp IX and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Churchill Capital Corp IX	1	0	0	0	1.00
Churchill Capital Corp IX Competitors	506	237	202	3	1.69

As a group, “UNCLASSIFIED” companies have a potential upside of 54.78%. Given Churchill Capital Corp IX’s peers stronger consensus rating and higher possible upside, analysts clearly believe Churchill Capital Corp IX has less favorable growth aspects than its peers.

Insider and Institutional Ownership

53.9% of shares of all “UNCLASSIFIED” companies are held by institutional investors. 21.6% of Churchill Capital Corp IX shares are held by company insiders. Comparatively, 43.1% of shares of all “UNCLASSIFIED” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Churchill Capital Corp IX and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Churchill Capital Corp IX	N/A	$8.56 million	49.00
Churchill Capital Corp IX Competitors	$176.62 million	-$48.48 million	73.07

Churchill Capital Corp IX’s peers have higher revenue, but lower earnings than Churchill Capital Corp IX. Churchill Capital Corp IX is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

Churchill Capital Corp IX has a beta of -0.05, suggesting that its share price is 105% less volatile than the S&P 500. Comparatively, Churchill Capital Corp IX’s peers have a beta of 0.05, suggesting that their average share price is 96% less volatile than the S&P 500.

Summary

Churchill Capital Corp IX peers beat Churchill Capital Corp IX on 9 of the 13 factors compared.

About Churchill Capital Corp IX

Coleman Cable, Inc. (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing. It sells its products to more than 8,000 active customers in end markets. It operates in three segments: Distribution, OEM, and Other. On April 1, 2011, the Company acquired The Designers Edge. On April 29, 2011, the Company acquired certain assets of First Capitol Wire and Cable (FCWC) and Continental Wire and Cable (CWC). On May 16, 2011, the Company acquired Technology Research Corporation (TRC). In May 2012, the Company acquired Watteredge, Inc.