NRAC
Price:
$11
Market Cap:
$87.43M
Noble Rock Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and tech-enabled services sectors. The company was incorporated in 2020 and is based in Wilmington, Delaware.[Read more]
Industry
Shell Companies
IPO Date
2021-04-01
Stock Exchange
NASDAQ
Ticker
NRAC
According to Noble Rock Acquisition Corporation’s latest financial reports and current stock price. The company's current ROE is 4.60%. This represents a change of 454.88% compared to the average of 0.83% of the last 4 quarters.
The mean historical ROE of Noble Rock Acquisition Corporation over the last ten years is 5.09%. The current 4.60% ROE has changed -9.67% with respect to the historical average. Over the past ten years (40 quarters), NRAC's ROE was at its highest in in the March 2022 quarter at 1.82%. The ROE was at its lowest in in the November 2020 quarter at -209.34%.
Average
5.09%
Median
4.17%
Minimum
3.31%
Maximum
7.79%
Discovering the peaks and valleys of Noble Rock Acquisition Corporation 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 = 86.82%
Maximum Annual ROE = 7.79%
Minimum Annual Increase = 0%
Minimum Annual ROE = 3.31%
Year | ROE | Change |
---|---|---|
2022 | 7.79% | 86.82% |
2021 | 4.17% | 26.16% |
The current ROE of Noble Rock Acquisition Corporation (NRAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.09%
5-year avg
5.09%
10-year avg
5.09%
Noble Rock Acquisition Corporation’s ROE is less than TenX Keane Acquisition Ordinary Share (3.33%), less than Embrace Change Acquisition Corp. (3.75%), less than Home Plate Acquisition Corp. (5.28%), greater than Bannix Acquisition Corp. (-1.84%), less than Global Blockchain Acquisition Corp. (0%), greater than null (-1.11%),
Company | ROE | Market cap |
---|---|---|
3.33% | $269.45M | |
3.75% | $52.66M | |
5.28% | $76.51M | |
-1.84% | $31.85M | |
0% | $61.14M | |
-1.11% | $0 |
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 Noble Rock Acquisition Corporation 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:
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.
The easiest way to analyze a company like Noble Rock Acquisition Corporation 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Noble Rock Acquisition Corporation's ROE?
How is the ROE calculated for Noble Rock Acquisition Corporation (NRAC)?
What is the highest ROE for Noble Rock Acquisition Corporation (NRAC)?
What is the 3-year average ROE for Noble Rock Acquisition Corporation (NRAC)?
What is the 5-year average ROE for Noble Rock Acquisition Corporation (NRAC)?
How does the current ROE for Noble Rock Acquisition Corporation (NRAC) compare to its historical average?