Aquaron Acquisition Corp. (JXG) vs Vince Holding Corp. (VNCE)

Aquaron Acquisition Corp. and Vince Holding Corp. are both Apparel Manufacturing companies. Vince Holding Corp. is the larger, with a market value of $144.2M against $84.4M — 1.7× the size. Aquaron Acquisition Corp. has negative trailing earnings, so its P/E is not meaningful; Vince Holding Corp. trades at 19.5×. Aquaron Acquisition Corp. grew revenue faster over the last twelve months: 515.3% against 8.02%. Vince Holding Corp. has the higher net margin (2.42% vs −63.8%) and the higher return on invested capital (9.67% vs 0.00%). Across the 19 metrics below, Vince Holding Corp. leads on 11 and Aquaron Acquisition Corp. on 8.

Valuation

Metric JXG VNCE Apparel Manufacturing median
P/E n/m 19.49 17.21
P/S 0.28 0.47 0.44
P/B 2.47 2.52 1.58
Price to free cash flow 13.43 1.55 9.18
EV/EBITDA n/m 10.76 8.64
EV/Sales 0.29 0.56 0.54
Earnings yield (2,663.73%) 5.13% 0.00%
Free cash flow yield 7.44% 64.51% 9.25%

Profitability

Metric JXG VNCE Apparel Manufacturing median
Gross margin 3.74% 52.52% 48.31%
Operating margin 0.00% 4.27% 2.46%
Net margin (63.76%) 2.42% (0.46%)
Free cash flow margin 0.00% 5.76% 5.26%
Return on equity 0.00% 14.09% 4.29%
Return on assets 0.00% 3.26% 0.00%
Return on invested capital 0.00% 9.67% 0.00%

Growth

Metric JXG VNCE Apparel Manufacturing median
Revenue growth (TTM) 515.32% 8.02% 0.02%
EPS growth (last fiscal year) (237.35%) 132.45% —
Revenue growth, 5-year CAGR 50.13% 6.41% 6.76%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric JXG VNCE Apparel Manufacturing median
Debt to equity 0.06 0.49 0.23
Current ratio 2.09 1.49 1.81
Net debt to EBITDA (0.15) 1.52 (0.43)

Dividend

Metric JXG VNCE Apparel Manufacturing median
Dividend yield — — 2.76%
Payout ratio 0.00 0.00 0.07

Size

Metric JXG VNCE Apparel Manufacturing median
Market cap 84.42m 144.20m 402.31m

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