Insider and Institutional Ownership
69.3% of Evergreen shares are held by institutional investors. Comparatively, 54.5% of shares of all “Holding & other investment offices” companies are held by institutional investors. 31.3% of Evergreen shares are held by insiders. Comparatively, 27.2% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares Evergreen and its peers gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Evergreen | N/A | $3.67 million | 42.18 |
Evergreen Competitors | $1.13 billion | $85.00 million | 37.50 |
Evergreen’s peers have higher revenue and earnings than Evergreen. Evergreen is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Evergreen | N/A | -31.43% | 4.04% |
Evergreen Competitors | 11.89% | -46.64% | 1.71% |
Summary
Evergreen beats its peers on 5 of the 8 factors compared.
About Evergreen
Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.
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