Industrial Tech Acquisitions II, Inc.

Industrial Tech Acquisitions II, Inc.verified

ITAQ

Price:

$10.95

Market Cap:

$61.99M

Industrial Tech Acquisitions II, Inc. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on targets operating in the technology-focused areas, including software, mobile and IoT applications, digital and energy transformation, cloud, and cyber communications, as well as high bandwidth services, including LTE, remote sensing, and 5G communications. The company was incorporated in 2021 and is based in Houston, Texas.[Read more]

Industry

Shell Companies

IPO Date

2022-03-04

Stock Exchange

NASDAQ

Ticker

ITAQ

The ROE as of November 2024 (TTM) for Industrial Tech Acquisitions II, Inc. (ITAQ) is 5.73%

According to Industrial Tech Acquisitions II, Inc.’s latest financial reports and current stock price. The company's current ROE is 5.73%. This represents a change of 2.26% compared to the average of 0.24% of the last 4 quarters.

Industrial Tech Acquisitions II, Inc. (ITAQ) Historical ROE (quarterly & annually)

How has ITAQ ROE performed in the past?

The mean historical ROE of Industrial Tech Acquisitions II, Inc. over the last ten years is -7.39%. The current 5.73% ROE has changed -177.61% with respect to the historical average. Over the past ten years (40 quarters), ITAQ's ROE was at its highest in in the March 2022 quarter at 1.50%. The ROE was at its lowest in in the December 2021 quarter at -9.64%.

Quarterly (TTM)
Annual

Average

-7.39%

Median

-7.39%

Minimum

-17.64%

Maximum

2.87%

Industrial Tech Acquisitions II, Inc. (ITAQ) ROE by Quarter and Year

Discovering the peaks and valleys of Industrial Tech Acquisitions II, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual ROE = 2.87%

Minimum Annual Increase = -116.25%

Minimum Annual ROE = -17.64%

Quarterly (TTM)
Annual
YearROEChange
20222.87%-116.25%

Industrial Tech Acquisitions II, Inc. (ITAQ) Average ROE

How has ITAQ ROE performed in the past?

The current ROE of Industrial Tech Acquisitions II, Inc. (ITAQ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-7.39%

5-year avg

-7.39%

10-year avg

-7.39%

Industrial Tech Acquisitions II, Inc. (ITAQ) ROE vs. Peers

How is ITAQ’s ROE compared to its peers?

Industrial Tech Acquisitions II, Inc.’s ROE is less than Magnum Opus Acquisition Limited (19.75%), less than Conyers Park III Acquisition Corp. (2.29%), less than Energem Corp. (2.55%), less than Digital Transformation Opportunities Corp. (16.21%), greater than Genesis Unicorn Capital Corp. (-1.22%), greater than LAMF Global Ventures Corp. I (-37.58%),

Build a custom stock screener for Industrial Tech Acquisitions II, Inc. (ITAQ) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Industrial Tech Acquisitions II, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Industrial Tech Acquisitions II, Inc. (ITAQ) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Industrial Tech Acquisitions II, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Industrial Tech Acquisitions II, Inc.'s ROE?

How is the ROE calculated for Industrial Tech Acquisitions II, Inc. (ITAQ)?

What is the highest ROE for Industrial Tech Acquisitions II, Inc. (ITAQ)?

What is the 3-year average ROE for Industrial Tech Acquisitions II, Inc. (ITAQ)?

What is the 5-year average ROE for Industrial Tech Acquisitions II, Inc. (ITAQ)?

How does the current ROE for Industrial Tech Acquisitions II, Inc. (ITAQ) compare to its historical average?