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SIMAUSIM Acquisition Corp. I Unit
$11.09$313M
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  3. SIMAU
  4. Financial Ratios

SIM Acquisition Corp. I Unit (SIMAU) Financial Ratios

Latest Ratios: P/E Ratio 38.2x · EV/EBITDA N/A · ROE 3.8%. (2024–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SIMAU Valuation Multiples

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

MetricTTMFY 2025FY 2024
Market Cap$313M$248M$207M
Enterprise Value$313M$248M$206M
P/E Ratio →38.2437.2443.83
P/S Ratio———
P/B Ratio1.091.060.92
P/FCF———
P/OCF———

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

SIMAU EV Ratios

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

MetricTTMFY 2025FY 2024
EV / Revenue———
EV / EBITDA——43.38
EV / EBIT——43.38
EV / FCF———

SIMAU 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 2024
Gross Margin———
Operating Margin———
Net Profit Margin———

Return on Capital

MetricTTMFY 2025FY 2024
ROE3.8%3.8%2.1%
ROA3.6%3.6%2.0%
ROIC-0.3%-0.3%—
ROCE-0.4%-0.4%-0.2%

SIMAU Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024
Debt / Equity———
Debt / EBITDA———
Net Debt / Equity—-0.00-0.00
Net Debt / EBITDA——-0.15
Debt / FCF———
Interest Coverage———

Net cash position: cash ($65427) exceeds total debt ($0)

SIMAU Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024
Current Ratio0.890.8925.28
Quick Ratio0.890.8925.28
Cash Ratio0.210.2121.38
Asset Turnover———
Inventory Turnover———
Days Sales Outstanding———

SIMAU 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 2024
Dividend Yield———
Payout Ratio———

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024
Earnings Yield2.6%2.7%2.3%
FCF Yield———
Buyback Yield0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%
Shares Outstanding—$23M$21M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidation and deal failure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Deal Uncertainty

According to recent market data, SIMAU trades at a P/B ratio of 1.10, suggesting that investors are assigning a minimal premium to the sponsor's ability to source a target, which is consistent with the broader contraction in SPAC valuations observed across the financial services sector.

The current P/E of 38.52 appears disconnected from the company's lack of operational revenue, likely reflecting non-cash accounting adjustments rather than fundamental earnings power. This valuation suggests the market is pricing the entity primarily as a cash-equivalent vehicle with a speculative call option on a future merger.

Capital Efficiency Remains Structurally Impaired

Based on reported figures, SIMAU's ROIC has trended into negative territory, reaching -0.0% in 2026Q1, which highlights the inherent difficulty of generating returns on invested capital when the entity lacks an underlying operating business to drive asset productivity.

The persistent decay in return metrics suggests that the capital held in trust is not being deployed efficiently, as the costs of maintaining the shell structure continue to erode the net asset value. Investors should interpret these negative returns as a reflection of the high administrative burden relative to the company's current non-operational status.

Liquidity Constraints Threaten Operational Runway

As reported in the 2026Q1 financial statements, SIMAU's current ratio has plummeted to 0.79, signaling that the company's liquid assets are no longer sufficient to cover its immediate short-term liabilities, a concerning trend for a shell entity that relies on cash to fund ongoing due diligence activities.

The rapid decline from a current ratio of 112.15 in 2024Q3 to current sub-unity levels indicates that the company is exhausting its available liquidity. This deterioration warrants further investigation into whether the sponsor will be forced to provide additional capital to prevent a premature liquidation event.

Misapplication of Traditional Earnings Metrics

The most commonly misapplied metric for SIMAU is the P/E ratio, which obscures the reality that the company is a pre-revenue shell where net income is driven by non-cash warrant liability fluctuations rather than sustainable operational performance or underlying business growth.

Analysts should instead focus on the net cash per share relative to the current trading price to determine the true floor value of the investment. Relying on earnings-based multiples in this context may lead to a fundamental misunderstanding of the company's risk profile and its lack of operational earning power.

Download Financial Ratios Data

Includes 30+ ratios · 2 years · Updated daily

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SIMAU — Frequently Asked Questions

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

What is SIM Acquisition Corp. I Unit's P/E ratio?

SIM Acquisition Corp. I Unit's current P/E ratio is 38.2x. The historical average is 40.5x. This places it at the 50th percentile of its historical range.

What is SIM Acquisition Corp. I Unit's ROE?

SIM Acquisition Corp. I Unit's return on equity (ROE) is 3.8%. The historical average is 3.0%.

Is SIMAU stock overvalued?

Based on historical data, SIM Acquisition Corp. I Unit is trading at a P/E of 38.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.