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Andina Acquisition III

Nasdaq:ANDA.U
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ANDA.U
Nasdaq
$35M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Andina Acquisition Corp. III does not have significant operations. The last earnings update was 3 days ago. More info.


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ANDA.U Share Price and Events
7 Day Returns
-
NasdaqCM:ANDA.U
1%
US Capital Markets
0.7%
US Market
1 Year Returns
-
NasdaqCM:ANDA.U
8.6%
US Capital Markets
12.9%
US Market
ANDA.U Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Andina Acquisition III (ANDA.U) - -0.5% 0.5% - - -
US Capital Markets 1% 6.3% 8.3% 8.6% 34.7% 60.2%
US Market 0.7% 4.4% 7.2% 12.9% 39.5% 44.7%
1 Year Return vs Industry and Market
  • No trading data on ANDA.U.
  • No trading data on ANDA.U.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Andina Acquisition III's competitors could be found in our database.

ANDA.U Value

 Is Andina Acquisition III undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Andina Acquisition III to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Andina Acquisition III.

NasdaqCM:ANDA.U Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $0.71 * 5.9%
$0.04
Book Value of Equity per Share Median Book Value from the past 5 years. $0.71
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:ANDA.U
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 33%) (0%))
0.834
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.834 * 5.96%)
7.7%

Discounted Cash Flow Calculation for NasdaqCM:ANDA.U using Excess Returns Model Model

The calculations below outline how an intrinsic value for Andina Acquisition III is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:ANDA.U Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.9% – 7.7%) * $0.71)
$-0.01
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.01 / (7.7% - 2.73%)
$-0.26
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $0.71 + $-0.26
$0.45
NasdaqCM:ANDA.U Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NasdaqCM:ANDA.U represents 1.04292x of NasdaqCM:ANDA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.04292x
Value per Share
(Listing Adjusted, USD)
= Value per Share (USD) x Listing Adjustment Factor
= $ 0.45 x 1.04292
$0.47
Value per share (USD) From above. $0.47
Current discount Discount to share price of $10.45
= -1 x ($10.45 - $0.47) / $0.47
-2126.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Andina Acquisition III is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Andina Acquisition III's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Andina Acquisition III's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:ANDA.U PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.43
NasdaqCM:ANDA Share Price ** NasdaqCM (2019-11-15) in USD $10.02
United States of America Capital Markets Industry PE Ratio Median Figure of 84 Publicly-Listed Capital Markets Companies 35.43x
United States of America Market PE Ratio Median Figure of 2,920 Publicly-Listed Companies 18.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Andina Acquisition III.

NasdaqCM:ANDA.U PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:ANDA Share Price ÷ EPS (both in USD)

= 10.02 ÷ 0.43

23.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Andina Acquisition III is good value based on earnings compared to the US Capital Markets industry average.
  • Andina Acquisition III is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Andina Acquisition III's expected growth come at a high price?
Raw Data
NasdaqCM:ANDA.U PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.6%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 38 Publicly-Listed Capital Markets Companies 2.02x
United States of America Market PEG Ratio Median Figure of 2,029 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Andina Acquisition III, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Andina Acquisition III's assets?
Raw Data
NasdaqCM:ANDA.U PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $1.41
NasdaqCM:ANDA Share Price * NasdaqCM (2019-11-15) in USD $10.02
United States of America Capital Markets Industry PB Ratio Median Figure of 155 Publicly-Listed Capital Markets Companies 6.4x
United States of America Market PB Ratio Median Figure of 5,080 Publicly-Listed Companies 1.74x
NasdaqCM:ANDA.U PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:ANDA Share Price ÷ Book Value per Share (both in USD)

= 10.02 ÷ 1.41

7.1x

* Primary Listing of Andina Acquisition III.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Andina Acquisition III is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Andina Acquisition III's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Andina Acquisition III has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ANDA.U Future Performance

 How is Andina Acquisition III expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Andina Acquisition III, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Andina Acquisition III expected to grow at an attractive rate?
  • Andina Acquisition III's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Andina Acquisition III's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Andina Acquisition III's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:ANDA.U Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:ANDA.U Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.6%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.4%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:ANDA.U Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:ANDA.U Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 0 1
2019-06-30 0 0
2019-03-31 0 0
2018-12-31 0 0
2017-12-31 0 0
2016-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Andina Acquisition III's earnings are expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Andina Acquisition III is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:ANDA.U Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Andina Acquisition III Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:ANDA.U Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.43
2019-06-30 -0.06
2019-03-31 -0.04
2018-12-31 -0.01
2017-12-31 0.00
2016-12-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Andina Acquisition III will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Andina Acquisition III's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Andina Acquisition III has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ANDA.U Past Performance

  How has Andina Acquisition III performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Andina Acquisition III's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Andina Acquisition III's year on year earnings growth rate was positive over the past 5 years.
  • Andina Acquisition III has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Andina Acquisition III has become profitable in the last year making it difficult to compare the US Capital Markets industry average.
Earnings and Revenue History
Andina Acquisition III's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Andina Acquisition III Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:ANDA.U Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1.36 0.32
2019-06-30 -0.17 0.22
2019-03-31 -0.10 0.12
2018-12-31 -0.01 0.01
2017-12-31 0.00 0.00
2016-12-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Andina Acquisition III has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • It is difficult to establish if Andina Acquisition III has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Andina Acquisition III improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Andina Acquisition III's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Andina Acquisition III has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ANDA.U Health

 How is Andina Acquisition III's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Andina Acquisition III's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Andina Acquisition III is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Andina Acquisition III's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Andina Acquisition III's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Andina Acquisition III has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Andina Acquisition III Company Filings, last reported 1 month ago.

NasdaqCM:ANDA.U Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 5.00 0.00 0.40
2019-06-30 5.00 0.00 0.44
2019-03-31 5.00 0.00 0.53
2018-12-31 0.00 0.11
2017-12-31 0.01 0.02
2016-12-31 0.01 0.02
  • Andina Acquisition III has no debt.
  • Andina Acquisition III currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Andina Acquisition III has no debt, it does not need to be covered by operating cash flow.
  • Andina Acquisition III has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Andina Acquisition III's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Andina Acquisition III has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ANDA.U Dividends

 What is Andina Acquisition III's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Andina Acquisition III dividends.
If you bought $2,000 of Andina Acquisition III shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Andina Acquisition III's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Andina Acquisition III's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:ANDA.U Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1953 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Andina Acquisition III has not reported any payouts.
  • Unable to verify if Andina Acquisition III's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Andina Acquisition III's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Andina Acquisition III has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Andina Acquisition III's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Andina Acquisition III afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Andina Acquisition III has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ANDA.U Management

 What is the CEO of Andina Acquisition III's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Julio A. Torres García
AGE 52
TENURE AS CEO 1.3 years
CEO Bio

Mr. Julio A. Torres García serves as Chief Executive Officer at Andina II Holdco Corp. Mr. García has been Chief Executive Officer at Andina Acquisition Corp. III since August 2018 and its Director since November 2018. He has served as Chief Executive Officer and a Member of Board of Directors at Lazydays Holdings, Inc (formerly Andina Acquisition Corp. II) since August 2015 until March 2018. Since March 2013, Mr. Torres García has served as the managing Partner at Multiple Equilibria Capital. From October 2011 through January 2013, Mr. Torres García served as Co-Chief Executive Officer of Andina Acquisition Corp. (“Andina 1”) from October 2011 to January 2013. He also served as a Member of the Board of Andina 1 from October 2011 until its merger in December 2013. He has been a Director of Tecnoglass Inc. since October 2011. From March 2008 to February 2013, he served as Managing Director of Nexus Capital Partners. From April 2006 to February 2008, Mr. Torres García served with the Colombian Ministry of Finance Acting as Director general of public credit and the treasury. From June 2002 to April 2006, he served as Managing Director of Diligo Advisory Group. From September 1994 to June 2002, he served as Vice President with JPMorgan Chase Bank. Mr. Torres García graduated from the Universidad de los Andes and received an M.B.A. from the Kellogg Graduate School of Management at Northwestern University and a master in public administration from the J.F. Kennedy School of Government at Harvard University.

CEO Compensation
  • Insufficient data for Julio A. to compare compensation growth.
  • Insufficient data for Julio A. to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Andina Acquisition III management team in years:

3.2
Average Tenure
52
Average Age
  • The tenure for the Andina Acquisition III management team is about average.
Management Team

Julio A. Torres García

TITLE
CEO & Director
AGE
52
TENURE
1.3 yrs

Mauricio Orellana

TITLE
COO, CFO & Director
AGE
54
TENURE
3.2 yrs

Maya Ivette Hernandez

TITLE
Treasurer
AGE
39
TENURE
3.2 yrs
Board of Directors Tenure

Average tenure and age of the Andina Acquisition III board of directors in years:

1
Average Tenure
49.5
Average Age
  • The average tenure for the Andina Acquisition III board of directors is less than 3 years, this suggests a new board.
Board of Directors

B. Weil

TITLE
Independent Chairman
AGE
39
TENURE
3.3 yrs

Julio A. Torres García

TITLE
CEO & Director
AGE
52
TENURE
1 yrs

Mauricio Orellana

TITLE
COO, CFO & Director
AGE
54
TENURE
1 yrs

Matthew S. Kibble

TITLE
Independent Director
AGE
40
TENURE
1 yrs

Walter Schenker

TITLE
Independent Director
AGE
71
TENURE
0.6 yrs

David Schulhof

TITLE
Independent Director
AGE
47
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Andina Acquisition III's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Andina Acquisition III has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ANDA.U News

Simply Wall St News

ANDA.U Company Info

Description

Andina Acquisition Corp. III does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2016 and is based in Bogotá, Colombia.

Details
Name: Andina Acquisition Corp. III
ANDA.U
Exchange: NasdaqCM
Founded: 2016
$35,441,942
3,537,120
Website: http://
Address: Andina Acquisition Corp. III
Calle 113,
# 7-45, Torre B,
Bogotá,
Colombia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM ANDA Ordinary Shares Nasdaq Capital Market US USD 06. Mar 2019
NasdaqCM ANDA.U Units Nasdaq Capital Market US USD 29. Jan 2019
Number of employees
Current staff
Staff numbers
0
Andina Acquisition III employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/17 00:26
End of day share price update: 2019/11/15 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.