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RAAQReal Asset Acquisition Corp.
$10.58$183M
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  4. Financial Ratios

Real Asset Acquisition Corp. (RAAQ) Financial Ratios

Latest Ratios: P/E Ratio 28.6x · EV/EBITDA N/A · ROE 5.0%. (2024–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

RAAQ Valuation Multiples

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

MetricTTMFY 2025FY 2024
Market Cap$183M$119M—
Enterprise Value$181M$118M—
P/E Ratio →28.5927.62—
P/S Ratio———
P/B Ratio0.720.69—
P/FCF9999.008010.38—
P/OCF9999.008010.38—

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

RAAQ EV Ratios

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

MetricTTMFY 2025FY 2024
EV / Revenue———
EV / EBITDA———
EV / EBIT———
EV / FCF—7937.72—

RAAQ 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 2024
Gross Margin———
Operating Margin———
Net Profit Margin———

Return on Capital

MetricTTMFY 2025FY 2024
ROE5.0%5.0%-54.5%
ROA4.8%4.8%-52.2%
ROIC-0.3%-0.3%—
ROCE-0.4%-0.4%—

RAAQ Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024
Debt / Equity———
Debt / EBITDA———
Net Debt / Equity—-0.010.00
Net Debt / EBITDA———
Debt / FCF—-72.66—
Interest Coverage———

Net cash position: cash ($1M) exceeds total debt ($0)

RAAQ Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024
Current Ratio8.408.40—
Quick Ratio8.408.40—
Cash Ratio7.627.62—
Asset Turnover———
Inventory Turnover———
Days Sales Outstanding———

RAAQ 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 2024
Dividend Yield———
Payout Ratio———

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024
Earnings Yield3.5%3.6%—
FCF Yield0.0%0.0%—
Buyback Yield0.0%——
Total Shareholder Yield0.0%——
Shares Outstanding—$12M$5000

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Limited operational runway

Speculative Pricing Lacks Operational Anchor

Based on reported figures, the P/E ratio of 28.59 appears disconnected from the company's pre-revenue status, as the market is pricing the entity based on speculative deal-making potential rather than any underlying earnings, which warrants caution for investors evaluating the stock against traditional industrial valuation benchmarks.

The current valuation reflects a premium for the sponsor's ability to identify a target rather than fundamental performance. Investors should monitor whether this multiple compresses as the search period nears expiration, as the lack of forward earnings guidance makes traditional P/E analysis largely irrelevant for this business model.

Liquidity Constraints Limit Strategic Flexibility

According to recent SEC filings, the company maintains a cash balance of approximately $1.07 million, which suggests a precarious liquidity position that may restrict management's ability to conduct extensive due diligence or secure a high-quality target in the capital-intensive mining and infrastructure sectors.

This limited cash buffer indicates that the company is highly dependent on external sponsor support or additional financing to sustain operations. The current liquidity profile appears insufficient to navigate a prolonged search process without risking a dilutive capital raise or a forced, suboptimal business combination.

Misapplication of Standard Earnings Metrics

As noted in financial disclosures, the most commonly misapplied metric for this business is the P/E ratio, which obscures the reality that reported net income is heavily distorted by non-cash warrant liability fluctuations rather than reflecting the actual operational earning power of the shell entity.

Analysts should instead focus on the trust value per share and the remaining time to liquidation to assess the true floor of the investment. Relying on earnings-based multiples for a pre-revenue SPAC leads to a fundamental misunderstanding of the company's risk-reward profile and its current lack of operational cash flow.

Download Financial Ratios Data

Includes 30+ ratios · 2 years · Updated daily

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RAAQ — Frequently Asked Questions

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

What is Real Asset Acquisition Corp.'s P/E ratio?

Real Asset Acquisition Corp.'s current P/E ratio is 28.6x. The historical average is 27.6x. This places it at the 100th percentile of its historical range.

What is Real Asset Acquisition Corp.'s ROE?

Real Asset Acquisition Corp.'s return on equity (ROE) is 5.0%. The historical average is -24.8%.

Is RAAQ stock overvalued?

Based on historical data, Real Asset Acquisition Corp. is trading at a P/E of 28.6x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.