Stocks · Financial Services · Shell Companies

Black Hawk Acquisition Corporation BKHA

$12.28 -0.81% Close, Oct 5, 2026 · NASDAQ · Market cap $51.4M

Expensive vs sector

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The diluted share count fell 76.2% in a year, mainly through buybacks.
  2. Diluted EPS over the last four quarters was $0.09, down 73.0% year over year.
  3. At 144.3× trailing earnings, the shares trade at the highest P/E of the company's past five years.

PromtFinance scores

Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.

Growth—Not enough data

How fast revenue, earnings and cash flow are growing.

  • EPS growth (TTM, YoY)Bottom 9%
Quality1Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 9%
  • Cash conversion (OCF / net income)Bottom 6%
  • Accruals (lower is better)Bottom 10%
  • Interest coverBottom 4%
Value5Very weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 15%
  • Free-cash-flow yieldBottom 14%
  • EBITDA / enterprise valueBottom 17%
  • P/E vs own 5-year history (lower is better)Bottom 2%
Momentum66Positive

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 47%
  • 6-month returnTop 46%
  • 1-year return vs S&P 500Top 43%
  • Distance from 52-week highTop 31%
  • Trend checklist (0–4)Top 10%
Revisions—Not enough data

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

Stability79Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 43%
  • Maximum drawdown, 3 yearsTop 19%
  • Beta vs S&P 500 (lower is better)Top 13%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
EPS growth (YoY)-58.2%-73.0%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
EPS growth (TTM, YoY)-73.0%-58.2%↓Bottom 9%
Return on invested capital-3.0%—Bottom 9%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
-1.46×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
3.7%
Interest cover (operating income / interest)How many times operating profit covers interest.
-12.2×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
0.86%
Shareholder yield
0.86%
Share count change, 1 year
-76.2%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through May 31, 2026 (filed Jul 15, 2026).

Earnings and expectations

Earnings momentum

Average 2-day reaction, last 8
+0.0%
Positive 20 days after report
1 of 2

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 15, 2026—+0.0%+1.3%-1.5%—
Apr 20, 2026—+0.0%+0.0%+2.2%+2.9%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 15, 2026$0.02———
Apr 20, 2026$0.03———

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)144.3×59.7×100thBottom 15%
Free-cash-flow yield-1.08%——Bottom 14%
Earnings yield0.69%——Bottom 15%

P/E over the past five years

Range 34.1× – 140.5× since Aug 31, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+10.5%
Earnings per share growth (TTM)
-73.0%
Change in P/E multiple
+311.7%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✓ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
25
Days above the 200-day average
399
50-day average slope (20 days)
+0.3%
200-day average slope (20 days)
+0.8%
Distance from 50-day average
+2.6%
Distance from 200-day average
+4.5%
RSI (14)
67.1
Relative volume
0.13×

Risk and drawdowns

Volatility, 60 days (annualized)
22.1%
Volatility vs own 5-year history
93th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.03
Correlation with S&P 500
0.06
Current drawdown from 1-year high
-6.3%
Maximum drawdown, 3 years
-10.1%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jul 22, 2026Jul 30, 2026-10.1%6 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$51.4M
P/E (TTM)
144.3
EPS, diluted (TTM)
$0.09
Revenue (TTM)
$0
52-week range
$11.00 – $13.10
FY 2023FY 2024FY 2025
Revenue$0$0$0
Gross profit$0$0$0
Operating income-$113,118-$576,076-$915,510
Net income-$113,118$1.9M$1.3M
EPS (diluted)-$0.00$0.21$0.19
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$0$0$0$0$0$0$0$0
Net income$883,767$751,701$658,379$520,542$154,401-$3,765$139,805$88,929
EPS (diluted)$0.10$0.08$0.07$0.06$0.03$0.00$0.03$0.02
FY 2023FY 2024FY 2025
Operating cash flow-$3,100-$553,665-$650,321
Capital expenditure$0$5$0
Free cash flow-$3,100-$553,665-$650,321
Dividends paid$0$0$0
Net share buybacks-$90,900$72.0M$0

Cash outflows are shown as negative numbers.

Cash and short-term investments
$11,583
Total assets
$25.4M
Total liabilities
$5.2M
Total debt
$1.2M
Net debt
$1.2M
Shareholders’ equity
$20.2M

As of May 31, 2026 (filed Jul 15, 2026).

Short interest

Shares sold short
53
Days to cover
1.00
Change vs previous report
-83.2%

FINRA short interest, settlement date Sep 15, 2026.