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CAEPCantor Equity Partners III, Inc. Class A Ordinary Shares
$15.00$423M
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  1. Home
  2. Financial Ratios

  1. Home
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  3. CAEP
  4. Financial Ratios

Cantor Equity Partners III, Inc. Class A Ordinary Shares (CAEP) Financial Ratios

Latest Ratios: P/E Ratio -6250.0x · EV/EBITDA N/A · ROE N/A. (2022–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

CAEP Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2024FY 2023FY 2022
Market Cap$423M———
Enterprise Value$383M———
P/E Ratio →-6250.00———
P/S Ratio————
P/B Ratio————
P/FCF————
P/OCF————

P/E links to full P/E history page with 30-year chart

CAEP EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2024FY 2023FY 2022
EV / Revenue————
EV / EBITDA————
EV / EBIT————
EV / FCF————

CAEP Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2024FY 2023FY 2022
Gross Margin————
Operating Margin————
Net Profit Margin————

Return on Capital

MetricTTMFY 2024FY 2023FY 2022
ROE——-77.6%-101.2%
ROA-112.6%-112.6%-77.6%-101.2%
ROIC————
ROCE————

CAEP Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022
Debt / Equity————
Debt / EBITDA————
Net Debt / Equity——0.000.00
Net Debt / EBITDA————
Debt / FCF————
Interest Coverage————

CAEP Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022
Current Ratio————
Quick Ratio————
Cash Ratio————
Asset Turnover————
Inventory Turnover————
Days Sales Outstanding————

CAEP Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2024FY 2023FY 2022
Dividend Yield————
Payout Ratio————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022
Earnings Yield————
FCF Yield————
Buyback Yield0.0%———
Total Shareholder Yield0.0%———
Shares Outstanding—$26M$26M$26M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Statutory liquidation deadline pressure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2025Q2)

Valuation Disconnected from Operational Reality

As reported in recent financial filings, CAEP's TTM P/E ratio of -6250.00 reflects the absence of operational earnings, suggesting that market pricing is currently driven by the speculative value of the sponsor's deal-making pipeline rather than any underlying fundamental performance metrics or historical earnings growth.

The extreme negative P/E multiple is a structural artifact of a pre-combination shell company and should not be interpreted as a traditional valuation signal. Investors appear to be pricing the entity as a cash-equivalent vehicle with an embedded call option, where the valuation is tethered to the trust account value rather than earnings multiples.

Capital Compounding Remains Fundamentally Absent

Based on 2024Q2 reported figures, CAEP's ROIC of -166.2% highlights the severe erosion of invested capital as the entity consumes sponsor-provided funds to cover fixed administrative costs while failing to generate any productive returns on its capital base prior to a business combination.

The deeply negative ROIC trend underscores the lack of operational efficiency inherent in the SPAC model during the search phase. This decay in capital returns is expected to persist until a target is acquired, at which point the return profile will shift to reflect the economics of the underlying business.

Superficial Liquidity Masks Operational Fragility

According to 2025Q2 financial statements, CAEP maintains a current ratio of 8.42, which appears robust on the surface but warrants further investigation given the entity's reliance on external sponsor capital to meet ongoing regulatory and administrative obligations in the absence of any recurring revenue streams.

While the high current ratio suggests an ability to cover short-term liabilities, this metric is misleading because the majority of assets are restricted within the trust account. The true liquidity risk lies in the entity's inability to generate internal cash flow, making it entirely dependent on the sponsor's willingness to fund operations.

Misapplication of Traditional Profitability Metrics

As indicated by the financial data, the most commonly misapplied ratio for CAEP is the Net Margin, which obscures the entity's true financial health by failing to account for the non-cash volatility of warrant liabilities and the mandatory nature of fixed administrative expenses in a shell structure.

Analysts should prioritize monitoring the cash burn rate and the remaining time to the statutory liquidation deadline rather than traditional profitability ratios. Using net margins to evaluate a pre-combination SPAC is fundamentally flawed, as it treats necessary compliance costs as operational failures rather than the required price of maintaining a public listing.

Download Financial Ratios Data

Includes 30+ ratios · 3 years · Updated daily

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CAEP — Frequently Asked Questions

Quick answers to the most common questions about buying CAEP stock.

What is Cantor Equity Partners III, Inc. Class A Ordinary Shares's P/E ratio?

Cantor Equity Partners III, Inc. Class A Ordinary Shares's current P/E ratio is -6250.0x. This places it at the 50th percentile of its historical range.

Is CAEP stock overvalued?

Based on historical data, Cantor Equity Partners III, Inc. Class A Ordinary Shares is trading at a P/E of -6250.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.