Black Mountain Acquisition Corp. (BMAC) vs Papaya Growth Opportunity Corp. I (PPYA)

Black Mountain Acquisition Corp. and Papaya Growth Opportunity Corp. I are both Shell Companies companies. Black Mountain Acquisition Corp. and Papaya Growth Opportunity Corp. I are of similar size ($97.3M and $93.1M). Papaya Growth Opportunity Corp. I has negative trailing earnings, so its P/E is not meaningful; Black Mountain Acquisition Corp. trades at 23.8×. Across the 7 metrics below, Black Mountain Acquisition Corp. leads on 4 and Papaya Growth Opportunity Corp. I on 3.

Valuation

Metric BMAC PPYA Shell Companies median
P/E 23.75 n/m 39.97
P/S n/m n/m 12.19
P/B n/m n/m 2.01
Price to free cash flow n/m n/m 28.89
EV/EBITDA n/m n/m —
EV/Sales n/m n/m —
Earnings yield 4.21% (8.99%) 1.63%
Free cash flow yield (2.17%) (0.17%) (0.79%)

Profitability

Metric BMAC PPYA Shell Companies median
Gross margin — — 71.01%
Operating margin 0.00% 0.00% 0.00%
Net margin 0.00% 0.00% 0.00%
Free cash flow margin 0.00% 0.00% 0.00%
Return on equity (26.08%) 16.08% 1.91%
Return on assets 1.83% (56.69%) 2.03%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric BMAC PPYA Shell Companies median
Revenue growth (TTM) — — —
EPS growth (last fiscal year) 387.47% (694.93%) —
Revenue growth, 5-year CAGR — — —
Net income growth, 5-year CAGR — — 0.00%

Health

Metric BMAC PPYA Shell Companies median
Debt to equity 0.00 0.00 0.00
Current ratio 0.09 0.01 0.08
Net debt to EBITDA 0.26 0.00 0.06

Dividend

Metric BMAC PPYA Shell Companies median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric BMAC PPYA Shell Companies median
Market cap 93.07m 97.30m 154.76m

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