Noble Rock Acquisition Corporation

Noble Rock Acquisition Corporationverified

NRACU

Price:

$10.93

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

2021-02-02

Stock Exchange

NASDAQ

Ticker

NRACU

The ROE as of December 2024 (TTM) for Noble Rock Acquisition Corporation (NRACU) is 4.60%

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.

Noble Rock Acquisition Corporation (NRACU) Historical ROE (quarterly & annually)

How has NRACU ROE performed in the past?

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), NRACU'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%.

Quarterly (TTM)
Annual

Average

5.09%

Median

4.17%

Minimum

3.31%

Maximum

7.79%

Noble Rock Acquisition Corporation (NRACU) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
20227.79%86.82%
20214.17%26.16%

Noble Rock Acquisition Corporation (NRACU) Average ROE

How has NRACU ROE performed in the past?

The current ROE of Noble Rock Acquisition Corporation (NRACU) 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 (NRACU) ROE vs. Peers

How is NRACU’s ROE compared to its peers?

Noble Rock Acquisition Corporation’s ROE is less than RMG Acquisition Corp. III (57.43%), greater than Kernel Group Holdings, Inc. (-12.99%), greater than Thunder Bridge Capital Partners III Inc. (-1.82%), less than Sustainable Development Acquisition I Corp. (5.04%), greater than Priveterra Acquisition Corp. (-25.83%),

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