Ares Acquisition II (AACT)
Market Price (9/30/2025): $7.65 | Market Cap: $474.4 MilSector: Financials | Industry: Multi-Sector Holdings
Ares Acquisition II (AACT)
Market Price (9/30/2025): $7.65Market Cap: $474.4 MilSector: FinancialsIndustry: Multi-Sector Holdings
Investment Highlights
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 | ||
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -9.2 Mil |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -9.2 Mil |
Market Valuation
| 9/30/25 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Share Price CYE | $7.65 | $10.98 | $10.44 | |
| Market Cap CYE ($ Mil) | 474.4 | 686.3 | 654.3 | - |
| Total Debt ($ Mil) | 7.7 | 5.0 | 5.0 | 0.2 |
| Total Cash ($ Mil) | 0.1 | 1.0 | 1.9 | 0.0 |
| Enterprise Value ($ Mil) | 481.9 | 691.3 | 659.3 | |
| Valuation Ratios | ||||
| P/S TTM | 0.0 | 0.0 | 0.0 | 0.0 |
| P/EBIT TTM | -51.8 | -386.5 | -435.9 | 0.0 |
| P/E TTM | 29.1 | 26.4 | 28.9 | 0.0 |
| Sector Ratios | ||||
| P/S TTM (Sector) | 3.2 | 3.1 | 2.8 | 2.8 |
| P/EBIT TTM (Sector) | 6.9 | 6.8 | 7.0 | 7.0 |
| P/E TTM (Sector) | 12.6 | 11.6 | 10.1 | 9.4 |
| 9/30/25 | 2024 | 2023 | |
|---|---|---|---|
| Share Price CYE | $7.65 | $10.98 | $10.44 |
| Market Cap CYE ($ Mil) | 474.4 | 686.3 | 654.3 |
| Total Debt ($ Mil) | 7.7 | 5.0 | 5.0 |
| Total Cash ($ Mil) | 0.1 | 1.0 | 1.9 |
| Enterprise Value ($ Mil) | 481.9 | 691.3 | 659.3 |
| Valuation Ratios | |||
| P/S TTM | 0.0 | 0.0 | 0.0 |
| P/EBIT TTM | -51.8 | -386.5 | -435.9 |
| P/E TTM | 29.1 | 26.4 | 28.9 |
| Sector Ratios | |||
| P/S TTM (Sector) | 3.2 | 3.1 | 2.8 |
| P/EBIT TTM (Sector) | 6.9 | 6.8 | 7.0 |
| P/E TTM (Sector) | 12.6 | 11.6 | 10.1 |
Business Description
We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to as our initial business combination. Our only activities since inception have been organizational activities and those necessary to prepare for this offering. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
Show more
Price Returns Compared
Expand for Detailed View| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AACT Return | - | - | - | - | 5% | -14% | -9% |
| Peers Return | 0% | ||||||
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 13% | 106% |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: BCAR, APAD, AXIN, BACC, BRR.
[3] 2025 data is for the year up to 9/29/2025 (YTD)
Trade Ideas
Select past trade ideas related to AACT and Multi-Sector Holdings.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 08312025 | FIS | Fidelity National Information Services | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.4% | -7.4% | -8.7% |
| 07312025 | FI | Fiserv | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -6.8% | -6.8% | -7.4% |
| 07312025 | MORN | Morningstar | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -15.0% | -15.0% | -16.2% |
| 07312025 | RKT | Rocket Companies | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 32.1% | 32.1% | 0.0% |
| 07312025 | SII | Sprott | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 21.9% | 21.9% | -6.7% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 08312025 | FIS | Fidelity National Information Services | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.4% | -7.4% | -8.7% |
| 07312025 | FI | Fiserv | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -6.8% | -6.8% | -7.4% |
| 07312025 | MORN | Morningstar | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -15.0% | -15.0% | -16.2% |
| 07312025 | RKT | Rocket Companies | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 32.1% | 32.1% | 0.0% |
| 07312025 | SII | Sprott | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 21.9% | 21.9% | -6.7% |
See Trefis Trade Ideas for more.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Ares Acquisition II
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 9.96 |
| Mkt Cap | 0.6 |
| Rev LTM | 0 |
| Op Inc LTM | -5 |
| FCF LTM | -1 |
| FCF 3Y Avg | -1 |
| CFO LTM | -1 |
| CFO 3Y Avg | -1 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | - |
| Rev Chg 3Y Avg | - |
| Rev Chg Q | - |
| QoQ Delta Rev Chg LTM | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | - |
| CFO/Rev 3Y Avg | - |
| FCF/Rev LTM | - |
| FCF/Rev 3Y Avg | - |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.6 |
| P/S | - |
| P/EBIT | -64.3 |
| P/E | 36.0 |
| P/CFO | -236.2 |
| Total Yield | 2.8% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -0.2% |
| D/E | 0.0 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 0.1% |
| 3M Rtn | - |
| 6M Rtn | - |
| 12M Rtn | - |
| 3Y Rtn | - |
| 1M Excs Rtn | -2.5% |
| 3M Excs Rtn | - |
| 6M Excs Rtn | - |
| 12M Excs Rtn | - |
| 3Y Excs Rtn | - |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 6302025 | 8122025 | 10-Q 6/30/2025 |
| 3312025 | 5152025 | 10-Q 3/31/2025 |
| 12312024 | 3122025 | 10-K 12/31/2024 |
| 9302024 | 11122024 | 10-Q 9/30/2024 |
| 6302024 | 8052024 | 10-Q 6/30/2024 |
| 3312024 | 5102024 | 10-Q 3/31/2024 |
| 12312023 | 2282024 | 10-K 12/31/2023 |
| 9302023 | 11072023 | 10-Q 9/30/2023 |
| 6302023 | 8112023 | 10-Q 6/30/2023 |
| 3312023 | 6022023 | 10-Q 3/31/2023 |
| 12312022 | 4242023 | 424B4 12/31/2022 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |