Chenghe Acquisition I (LATG) versus Its Rivals Head-To-Head Analysis

Risk & Volatility

Chenghe Acquisition I has a beta of 0.07, meaning that its stock price is 93% less volatile than the S&P 500. Comparatively, Chenghe Acquisition I’s peers have a beta of -0.06, meaning that their average stock price is 106% less volatile than the S&P 500.

Earnings & Valuation

This table compares Chenghe Acquisition I and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Chenghe Acquisition I	N/A	$430,000.00	-34.00
Chenghe Acquisition I Competitors	$1.13 billion	$84.93 million	37.62

Chenghe Acquisition I’s peers have higher revenue and earnings than Chenghe Acquisition I. Chenghe Acquisition I is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

50.9% of Chenghe Acquisition I shares are held by institutional investors. Comparatively, 54.5% of shares of all “Holding & other investment offices” companies are held by institutional investors. 54.6% of Chenghe Acquisition I shares are held by company insiders. Comparatively, 27.6% of shares of all “Holding & other investment offices” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Chenghe Acquisition I and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Chenghe Acquisition I	N/A	N/A	-8.81%
Chenghe Acquisition I Competitors	11.89%	-46.64%	1.71%

Summary

Chenghe Acquisition I peers beat Chenghe Acquisition I on 6 of the 9 factors compared.

About Chenghe Acquisition I

Chenghe Acquisition I Co. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus search for an initial business combination in the TMT, green energy, biotechnology, optoelectronics, and other sectors in the Asia Pacific. The company was formerly known as LatAmGrowth SPAC and changed its name to Chenghe Acquisition I Co. in November 2023. Chenghe Acquisition I Co. was incorporated in 2021 and is based in Singapore.