BH

Black Hawk Acquisition Corporation

BKHA·NASDAQ

$11.87

-0.67%
Financial ServicesShell Companies

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Black Hawk Acquisition Corporation was incorporated in 2023 and is based in Danville, California.

At a Glance

Live Snapshot
Market Cap$49.30M
EPS0.1900
P/E Ratio42.14
Earnings Date

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 42.1).

Valuation inputs: P/E 42.1, earnings yield +2.4%, momentum -0.7%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +6.7%, ROIC -4.0%).

Profitability stack: net margin 0.0%, ROE +6.7%, ROIC -4.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +16.3%, momentum -0.7%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

b

Black Hawk Acquisition Corporation Market vs Earnings Trajectory

BKHA · NASDAQ

Loading price and EPS data...

BH

Black Hawk Acquisition Corporation Fair Value Envelope

BKHA · NASDAQ

Our analysis suggests that BKHA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.87, this represents a potential HIDDEN relative to our calculated worth for Black Hawk Acquisition Corporation.

Intrinsic Value
Current Price: $11.87
3Y-
5Y-
10Y-

No Revenue Data

BKHA has not reported any revenue values in the available annual periods.

3Y-1176699.0%
5Y-1176699.0%
10Y-1176699.0%
3Y+3396.0%
5Y+3396.0%
10Y+3396.0%
3Y+3396.0%
5Y+3396.0%
10Y+3396.0%
3Y+8979.0%
5Y+8979.0%
10Y+8979.0%
BH

Black Hawk Acquisition Corporation Profit Bridge

BKHA · NASDAQ
Revenue0.00
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (915.51K)
Operating Income-915.51K
Interest Expense (15.45K)
Other Income/Expense2.25M
Pretax Income1.33M
Income Tax (0.00)
Net Income1.33M
Net Income
1.33M

Profitability Analysis

No Gross Profit Margin Data

BKHA has not reported any gross profit margin values in the available annual periods.

No Operating Profit Margin Data

BKHA has not reported any operating profit margin values in the available annual periods.

No Net Profit Margin Data

BKHA has not reported any net profit margin values in the available annual periods.

6.65%
Return on Equity
142%
3Y-462.0%
5Y-462.0%
10Y-462.0%
5.57%
Return on Assets
110%
3Y-13049.0%
5Y-13049.0%
10Y-13049.0%
-3.98%
Return on Invested Capital
398%
3Y+8929.0%
5Y+8929.0%
10Y+8929.0%
B

Black Hawk Acquisition Corporation Cash Conversion Engine

BKHA · NASDAQ
Net Income1.33M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital0.00
Others-1.98M
Capital Expenditures0.00
Free Cash Flow-650.32K

Cash Flow Quality Analysis

FCF Conversion Rate

-48.9%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

-17.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$0.00

Neutral working capital impact. Changes in current assets and liabilities balanced out.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

b

Black Hawk Acquisition Corporation Funding & Solvency Profile

BKHA · NASDAQ
Cash & Cash Equivalents178.41K
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets181 K
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments24.64M
Other Non-Current Assets0.00
Total Non-Current Assets25 M
Total Assets
24.82M

Financial Health Analysis

Current Ratio

0.08x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.23x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

-2105080

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

b

Black Hawk Acquisition Corporation Street Expectations Map

BKHA · NASDAQ

No Target Data

No analyst price targets available for bkha.

b

Black Hawk Acquisition Corporation Insider Positioning

BKHA · NASDAQ

During the last 12 months, there has been no insider trading activity reported for BKHA.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

No Dividend Yield Data

BKHA has not reported any dividend yield values in the available annual periods.

 

bkha Dividend History

BKHA
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%