FRXB
Price:
$10.43
Market Cap:
$137.93M
Forest Road Acquisition Corp II does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify businesses in the areas of technology, media, and telecommunications industry. The company was formerly known as Forest Road Acquisition Corp. III and changed its name to Forest Road Acquisition Corp II in January 2021. Forest Road Acquisition Corp II was incorporated in 2020 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-05-03
Stock Exchange
NYSE
Ticker
FRXB
According to Forest Road Acquisition Corp. II’s latest financial reports and current stock price. The company's current ROE is 2.88%. This represents a change of -55.57% compared to the average of 6.49% of the last 4 quarters.
The mean historical ROE of Forest Road Acquisition Corp. II over the last ten years is 1.75%. The current 2.88% ROE has changed 64.82% with respect to the historical average. Over the past ten years (40 quarters), FRXB's ROE was at its highest in in the March 2023 quarter at 19.16%. The ROE was at its lowest in in the December 2022 quarter at -1.03%.
Average
1.75%
Median
2.41%
Minimum
0%
Maximum
2.84%
Discovering the peaks and valleys of Forest Road Acquisition Corp. II ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual ROE = 2.84%
Minimum Annual Increase = 0%
Minimum Annual ROE = 0%
| Year | ROE | Change |
|---|---|---|
| 2022 | 2.84% | 18.14% |
| 2021 | 2.41% | Infinity% |
The current ROE of Forest Road Acquisition Corp. II (FRXB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.75%
5-year avg
1.75%
10-year avg
1.75%
Forest Road Acquisition Corp. II’s ROE is less than Beard Energy Transition Acquisition Corp. (0.53%), less than Zalatoris II Acquisition Corp. (0.92%), less than Landcadia Holdings IV, Inc. (10.18%), less than Juniper II Corp. (7.46%), less than Cartesian Growth Corporation II (6.71%), less than Golden Falcon Acquisition Corp. (7.97%), less than Prime Impact Acquisition I (0%), less than Northern Star Investment Corp. IV (3.90%),
| Company | ROE | Market cap |
|---|---|---|
| 0.53% | $138.20M | |
| 0.92% | $132.65M | |
| 10.18% | $142.91M | |
| 7.46% | $129.70M | |
| 6.71% | $152.75M | |
| 7.97% | $131.29M | |
| 0% | $137.87M | |
| 3.90% | $3.69K |
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