Cartesian Growth Corporation II

Cartesian Growth Corporation IIverified

RENE

Price:

$11.55

Market Cap:

$249.72M

Cartesian Growth Corporation II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-07-08

Stock Exchange

NASDAQ

Ticker

RENE

The ROE as of November 2024 (TTM) for Cartesian Growth Corporation II (RENE) is 4.91%

According to Cartesian Growth Corporation II’s latest financial reports and current stock price. The company's current ROE is 4.91%. This represents a change of 284.80% compared to the average of 1.28% of the last 4 quarters.

Cartesian Growth Corporation II (RENE) Historical ROE (quarterly & annually)

How has RENE ROE performed in the past?

The mean historical ROE of Cartesian Growth Corporation II over the last ten years is -19.33%. The current 4.91% ROE has changed -125.39% with respect to the historical average. Over the past ten years (40 quarters), RENE's ROE was at its highest in in the September 2022 quarter at 5.41%. The ROE was at its lowest in in the December 2021 quarter at -17.52%.

Quarterly (TTM)
Annual

Average

-19.33%

Median

4.75%

Minimum

-70.08%

Maximum

7.35%

Cartesian Growth Corporation II (RENE) ROE by Quarter and Year

Discovering the peaks and valleys of Cartesian Growth Corporation II 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 = 54.52%

Maximum Annual ROE = 7.35%

Minimum Annual Increase = -106.79%

Minimum Annual ROE = -70.08%

Quarterly (TTM)
Annual
YearROEChange
20237.35%54.52%
20224.75%-106.79%

Cartesian Growth Corporation II (RENE) Average ROE

How has RENE ROE performed in the past?

The current ROE of Cartesian Growth Corporation II (RENE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-19.33%

5-year avg

-19.33%

10-year avg

-19.33%

Cartesian Growth Corporation II (RENE) ROE vs. Peers

How is RENE’s ROE compared to its peers?

Cartesian Growth Corporation II’s ROE is less than Pyrophyte Acquisition Corp. (3.27%), less than Rigel Resource Acquisition Corp. (0.13%), greater than Berenson Acquisition Corp. I (-30633.47%), less than Sculptor Acquisition Corp I (0%), less than TenX Keane Acquisition Ordinary Share (7.88%), less than Embrace Change Acquisition Corp. (3.33%), less than Home Plate Acquisition Corp. (3.47%), less than Bannix Acquisition Corp. (3.12%), greater than Noble Rock Acquisition Corporation (-0.92%), less than Global Blockchain Acquisition Corp. (5.37%), less than null (2.35%),

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