DWSN vs HCMA

Comparison between Dawson Geophysical Company (DWSN, Company) and HCM III Acquisition Corp. (HCMA, Company).

DWSN is from the Energy sector, while HCMA is from the Financial Services sector.

DWSN vs HCMA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DWSN(COMPANY)	HCMA(COMPANY)
Market Cap	$144M	$145M
Max Drawdown	97.56%	0.39%
Sharpe Ratio	1.42	-1.56
5Y Beta	1.03	0.04
Industry	Oil & Gas Equipment & Services	Shell Companies
P/E Ratio	30.47	75.40
Forward P/E	3.77	N/A
PEG Ratio	12.17	N/A
Debt to Equity	0.00%	3.48%
Free Cash Flow Yield	2.43%	-0.37%
P/S Ratio	1.37	N/A
P/B Ratio	5.70	5.68

Market Cap

DWSN

$144M

Winner

HCMA

$145M

Max Drawdown

DWSN

97.56%

Winner

HCMA

0.39%

Sharpe Ratio

Winner

DWSN

1.42

HCMA

-1.56

5Y Beta

DWSN

1.03

Winner

HCMA

0.04

Industry

DWSN

Oil & Gas Equipment & Services

HCMA

Shell Companies

P/E Ratio

Winner

DWSN

30.47

HCMA

75.40

Forward P/E

DWSN

3.77

HCMA

N/A

PEG Ratio

DWSN

12.17

HCMA

N/A

Debt to Equity

Winner

DWSN

0.00%

HCMA

3.48%

Free Cash Flow Yield

Winner

DWSN

2.43%

HCMA

-0.37%

P/S Ratio

DWSN

1.37

HCMA

N/A

P/B Ratio

DWSN

5.70

Winner

HCMA

5.68

DWSN vs HCMA - Historical Returns

Returns include dividend reinvestment.

Period	DWSN	HCMA
1 month	+32.66%	N/A
3 months	+7.93%	N/A
6 months	+163.07%	N/A
1 year	+237.96%	N/A
5 years(CAGR)	+15.08%	N/A
10 years(CAGR)	-3.19%	N/A
Max(CAGR)	+4.48%	+3.11%

DWSN

+32.66%

HCMA

N/A

DWSN

+7.93%

HCMA

N/A

DWSN

+163.07%

HCMA

N/A

DWSN

+237.96%

HCMA

N/A

5Y(CAGR)

DWSN

+15.08%

HCMA

N/A

10Y(CAGR)

DWSN

-3.19%

HCMA

N/A

Max(CAGR)

Winner

DWSN

+4.48%

HCMA

+3.11%

DWSN vs HCMA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DWSN	HCMA
2026	+185.80%	+0.13%
2025	+13.87%	N/A
2024	-8.32%	N/A
2023	-7.58%	N/A
2022	-15.88%	N/A
2021	+11.54%	N/A
2020	-11.67%	N/A
2019	-30.43%	N/A
2018	-30.00%	N/A
2017	-37.72%	N/A
2016	+128.41%	N/A
2015	-49.19%	N/A
2014	-68.00%	N/A
2013	-10.87%	N/A
2012	+23.07%	N/A
2011	+91.94%	N/A
2010	-7.32%	N/A
2009	+80.07%	N/A
2008	-79.00%	N/A
2007	+21.84%	N/A
2006	+20.85%	N/A
2005	+134.48%	N/A
2004	+209.47%	N/A
2003	+1483.54%	N/A
2002	-88.68%	N/A
2001	-50.12%	N/A
2000	-5.55%	N/A
1999	+18.51%	N/A

DWSN vs HCMA Drawdown Comparison

The maximum drawdown for DWSN was -97.32%, occurring on Apr 1, 2020. This drawdown has not yet recovered.

The maximum drawdown for HCMA was -0.39%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current DWSN drawdown is -83.00%. The current HCMA drawdown is -0.19%.

Rank	DWSN	HCMA
#1	-97.32% May 2, 2006 - Apr 1, 2020	-0.39% Jun 1, 2026 - Jun 10, 2026
#2	-96.38% Mar 13, 2000 - Apr 19, 2004	N/A
#3	-53.33% Dec 6, 1999 - Dec 31, 1999	N/A
#4	-47.69% Aug 3, 2005 - Apr 6, 2006	N/A
#5	-44.83% Nov 9, 1999 - Dec 6, 1999	N/A
#6	-34.00% Jun 25, 2004 - Oct 22, 2004	N/A
#7	-33.34% Feb 22, 2000 - Mar 13, 2000	N/A
#8	-33.33% Jan 3, 2000 - Feb 3, 2000	N/A
#9	-29.57% Mar 22, 2005 - Jun 3, 2005	N/A
#10	-26.34% Apr 19, 2004 - Jun 21, 2004	N/A
#11	-20.00% Feb 14, 2000 - Feb 22, 2000	N/A
#12	-16.67% Jan 19, 2005 - Mar 8, 2005	N/A
#13	-15.79% Nov 1, 2004 - Dec 8, 2004	N/A
#14	-11.11% Nov 1, 1999 - Nov 9, 1999	N/A
#15	-10.98% Jun 27, 2005 - Jul 8, 2005	N/A

Correlation

Correlation between DWSN and HCMA is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

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