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FACTFACT II Acquisition Corp
$10.63$259M
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  4. Financial Ratios

FACT II Acquisition Corp (FACT) Financial Ratios

Latest Ratios: P/E Ratio 39.4x · EV/EBITDA N/A · ROE 12.9%. (2021–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

FACT Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Market Cap$259M$192M$247M———
Enterprise Value$258M$192M$383M———
P/E Ratio →39.3738.56————
P/S Ratio——2.27———
P/B Ratio1.121.10————
P/FCF——————
P/OCF——————

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

FACT EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
EV / Revenue——3.53———
EV / EBITDA——————
EV / EBIT——————
EV / FCF——————

FACT Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Gross Margin——36.3%20.3%——
Operating Margin——-63.0%-59.8%——
Net Profit Margin——-51.9%-307.7%——

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
ROE12.9%12.9%—-206.1%1.8%1.6%
ROA3.1%3.1%-58.9%-135.6%1.7%1.5%
ROIC-1.5%-1.5%-271.6%-24.2%-1.0%—
ROCE-1.8%-1.8%-4331.9%-37.1%-1.3%-1.1%

FACT Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Debt / Equity————0.00—
Debt / EBITDA———11.31——
Net Debt / Equity—-0.00——0.00-0.00
Net Debt / EBITDA———10.84——
Debt / FCF——————
Interest Coverage——-4.36-7.86——

Net cash position: cash ($544791) exceeds total debt ($0)

FACT Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Current Ratio27.1127.111.200.350.030.39
Quick Ratio27.1127.111.200.350.030.39
Cash Ratio23.1823.180.170.020.010.11
Asset Turnover——0.751.85——
Inventory Turnover——————
Days Sales Outstanding——————

FACT 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 2025FY 2024FY 2023FY 2022FY 2021
Dividend Yield——————
Payout Ratio——————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Earnings Yield2.5%2.6%————
FCF Yield——————
Buyback Yield0.0%—————
Total Shareholder Yield0.0%—————
Shares Outstanding—$18M$25M$25M$35M$43M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidation and redemption risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Sponsor Uncertainty

Based on reported figures, FACT trades at a P/E of 39.50, which appears disconnected from its lack of operational revenue and suggests that market participants are pricing in a speculative premium for the sponsor's ability to source a high-quality target rather than current fundamental performance.

The elevated P/E multiple warrants caution, as it likely reflects non-operating accounting adjustments rather than genuine earnings power. Investors should monitor whether this valuation premium holds as the regulatory window for a business combination narrows, potentially forcing a re-rating toward the trust's liquidation value.

Capital Efficiency Remains Structurally Impaired

As reported in financial statements, the company's ROIC has consistently hovered in negative territory, with a recent reading of -0.2% in 2026Q1, indicating that the entity is currently unable to generate positive returns on its invested capital while it remains in a dormant shell state.

The persistent inability to generate positive returns on capital is a structural byproduct of the SPAC model prior to a business combination. This trend suggests that shareholders should view the current capital base as a pool of restricted assets rather than a vehicle for compounding value through operational efficiency.

Liquidity Buffer Nearing Critical Threshold

According to recent SEC filings, the current ratio has fluctuated significantly, reaching 3.47 in 2026Q1, yet this figure masks the reality that the company's cash reserves of $544,791 are insufficient to sustain long-term administrative overhead without external support or a timely merger completion.

The volatility in the current ratio appears to be driven by the depletion of cash relative to fixed regulatory costs. This liquidity profile suggests that the entity may face increasing pressure to secure a deal or rely on sponsor loans, which could introduce additional complexity to the capital structure.

Misapplication of Traditional Earnings Metrics

As indicated by the provided financial data, the P/E ratio is the most commonly misapplied metric for this business model, as it obscures the fact that the company lacks an operating revenue stream and relies on non-cash warrant liability adjustments to report positive net income.

Investors should instead focus on the trust value per share and the remaining cash runway, as these metrics provide a more accurate assessment of the entity's survival probability. Relying on P/E or other profitability ratios in this context may lead to a fundamental misunderstanding of the entity's true risk profile.

Download Financial Ratios Data

Includes 30+ ratios · 5 years · Updated daily

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FACT — Frequently Asked Questions

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

What is FACT II Acquisition Corp's P/E ratio?

FACT II Acquisition Corp's current P/E ratio is 39.4x. The historical average is 38.6x. This places it at the 100th percentile of its historical range.

What is FACT II Acquisition Corp's ROE?

FACT II Acquisition Corp's return on equity (ROE) is 12.9%. The historical average is -47.4%.

Is FACT stock overvalued?

Based on historical data, FACT II Acquisition Corp is trading at a P/E of 39.4x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.