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EURKEureka Acquisition Corp Class A Ordinary Share
$11.99$92M
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Eureka Acquisition Corp Class A Ordinary Share (EURK) Financial Ratios

Latest Ratios: P/E Ratio -27.3x · EV/EBITDA N/A · ROE 4.7%. (2023–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

EURK Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023
Market Cap$92M$54M$77M—
Enterprise Value$92M$54M$76M—
P/E Ratio →-27.25—300.30—
P/S Ratio————
P/B Ratio——1.31—
P/FCF————
P/OCF————

P/E links to full P/E history page with 30-year chart

EURK EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023
EV / Revenue————
EV / EBITDA————
EV / EBIT————
EV / FCF————

EURK Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023
Gross Margin————
Operating Margin————
Net Profit Margin————

Return on Capital

MetricTTMFY 2025FY 2024FY 2023
ROE4.7%4.7%0.9%-0.1%
ROA3.0%3.0%0.9%-0.0%
ROIC-2.2%-2.2%-0.9%—
ROCE-1.9%-1.9%-1.2%-27.1%

EURK Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023
Debt / Equity———5.29
Debt / EBITDA————
Net Debt / Equity——-0.015.29
Net Debt / EBITDA————
Debt / FCF————
Interest Coverage————

Net cash position: cash ($51431) exceeds total debt ($0)

EURK Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023
Current Ratio0.140.1414.770.18
Quick Ratio0.140.1414.770.18
Cash Ratio0.070.0713.48—
Asset Turnover————
Inventory Turnover————
Days Sales Outstanding————

EURK Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023
Dividend Yield————
Payout Ratio————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023
Earnings Yield——0.3%—
FCF Yield————
Buyback Yield0.0%0.0%0.0%—
Total Shareholder Yield0.0%0.0%0.0%—
Shares Outstanding—$5M$8M$1M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Insolvency and delisting risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Liquidity Buffer Near Critical Depletion

As reported in the most recent quarterly filings, EURK's current ratio has plummeted to 0.09 as of 2026Q2, signaling that the company's liquid assets are entirely insufficient to cover its immediate short-term liabilities, which warrants significant concern regarding the firm's ongoing operational solvency and ability to function.

The rapid deterioration from a current ratio of 14.77 in 2024Q4 to 0.09 in 2026Q2 suggests that the entity has exhausted its initial capital cushion. This trend implies that the company may be unable to meet its basic administrative and regulatory obligations without immediate, likely dilutive, external capital injections.

Capital Efficiency Decaying Toward Insolvency

Based on the provided financial data, the company's return on assets has shifted from a positive 1.2% in 2024Q4 to a negative 0.4% in 2026Q1, reflecting a fundamental decay in the entity's ability to generate any meaningful return on its dwindling capital base.

The negative ROIC figures, such as the -9.0% observed in 2024Q3, indicate that the capital deployed into this shell vehicle is being destroyed rather than compounded. This trend suggests that the entity is failing to preserve value for shareholders, as the costs of maintaining the listing significantly outweigh the potential benefits of the shell's existence.

Rising Liabilities Amidst Capital Erosion

According to the balance sheet data, the company's debt-to-equity profile has shifted from 0.00 in 2025Q1 to 0.14 by 2025Q3, indicating that the entity is increasingly relying on external obligations to sustain its operations as its own equity base continues to erode.

The accumulation of liabilities in the absence of any revenue-generating activity suggests that the company is accumulating debt to cover basic operating expenses. Investors should monitor whether these obligations are sponsor-backed or third-party, as the latter would significantly complicate any future merger negotiations.

Misapplication of Standard SPAC Metrics

As indicated by the company's financial history, the most commonly misapplied metric for EURK is the Price-to-Book ratio, which obscures the reality that the entity's book value is rapidly approaching a deficit, rendering traditional valuation multiples largely irrelevant for this specific business model.

Analysts often attempt to value shell companies based on their trust value or net asset value, but EURK's minimal cash position suggests that the 'shell premium' is the only remaining value driver. Relying on book value ignores the high probability of further dilution or delisting, which would likely result in a total loss of value for common shareholders.

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Includes 30+ ratios · 3 years · Updated daily

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EURK — Frequently Asked Questions

Quick answers to the most common questions about buying EURK stock.

What is Eureka Acquisition Corp Class A Ordinary Share's P/E ratio?

Eureka Acquisition Corp Class A Ordinary Share's current P/E ratio is -27.3x. This places it at the 50th percentile of its historical range.

What is Eureka Acquisition Corp Class A Ordinary Share's ROE?

Eureka Acquisition Corp Class A Ordinary Share's return on equity (ROE) is 4.7%. The historical average is 1.8%.

Is EURK stock overvalued?

Based on historical data, Eureka Acquisition Corp Class A Ordinary Share is trading at a P/E of -27.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.