Elliott Opportunity II (NYSE:EOCW – Get Rating) and CION Investment (NYSE:CION – Get Rating) are both unrated small cap companies, but which is the superior investment? We will compare the two companies based on institutional ownership strength, risk, analyst recommendations, profitability, earnings, dividends and valuation.
Profitability
This table compares the net margins, return on equity and return on assets of Elliott Opportunity II and CION Investment.
| Net margins | Return on equity | return on assets | |
| Elliott II Opportunity | N / A | N / A | N / A |
| CION Investment | 47.28% | 8.18% | 4.25% |
Analyst Notes
This is a breakdown of recent ratings and price targets for Elliott Opportunity II and CION Investment, as reported by MarketBeat.com.
| Sales Ratings | Hold odds | Buy reviews | Strong buy odds | Rating | |
| Elliott II Opportunity | 0 | 0 | 0 | 0 | N / A |
| CION Investment | 0 | 1 | 0 | 0 | 2.00 |
CION Investment has a consensus target price of $11.50, indicating an upside potential of 30.24%. Given the higher possible upside of CION Investment, analysts clearly believe that CION Investment is more favorable than Elliott Opportunity II.
Benefits and evaluation
This table compares the gross revenue, earnings per share and valuation of Elliott Opportunity II and CION Investment.
| Gross revenue | Price/sales ratio | Net revenue | Earnings per share | Price/earnings ratio | |
| Elliott II Opportunity | N / A | N / A | $2.90 million | N / A | N / A |
| CION Investment | $157.35 million | 3.20 | $118.76 million | $1.11 | 7.95 |
CION Investment has higher revenue and profit than Elliott Opportunity II.
Insider and Institutional Ownership
52.0% of the shares of Elliott Opportunity II are held by institutional investors. By comparison, 3.5% of CION Investment’s shares are held by institutional investors. 0.3% of CION Investment shares are held by insiders. Strong institutional ownership indicates that hedge funds, large fund managers, and endowments believe a stock will outperform the market over the long term.
Summary
CION Investment beats Elliott Opportunity II on 7 of the 8 factors compared between the two stocks.
About Elliott Opportunity II (Get a rating)
Elliott Opportunity II Corp. has no significant activities. It intends to effect a merger, share capital exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more companies or assets in the technology sector. The company was incorporated in 2021 and is based in West Palm Beach, Florida.
About CION Investment (Get a rating)
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, first lien loans, second lien loans, long-term subordinated loans and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle market companies. The company invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization. The fund also invests up to 30% of its assets opportunistically in other types of investments, including securities of large public companies and foreign securities. It also invests in the secondary loan market. The fund does not invest in start-up companies, turnaround situations or companies with speculative business plans. The fund prefers to invest in high-tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastics, rubber, telecommunications, consumer services, advertising, l printing and publishing, consumer goods, durable goods, diversified financial services and other industries. It also invests in home building, restaurants, beverage and tobacco bars, broadcasting, vending, distribution of consumables, food beverages and tobacco, energy, oil, gas and consumable fuels, insurance, aerospace and defence, industrial machinery, paper and forest products machinery. , information technology, metals and mining, and real estate. He is primarily looking to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with an average target holding of $25 million. It also buys minority stakes in the form of common or preferred stock in the target companies, usually in conjunction with its debt investments or through co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, merger, sale or other recapitalization.
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