The Growth for Good Acquisition Corporation

NasdaqGM:GFGD Stock Report

Market Cap: US$341.4m

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Growth for Good Acquisition Valuation

Is GFGD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GFGD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate GFGD's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GFGD's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GFGD?

Key metric: As GFGD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GFGD. This is calculated by dividing GFGD's market cap by their current earnings.
What is GFGD's PE Ratio?
PE Ratio70.4x
EarningsUS$4.85m
Market CapUS$341.44m

Price to Earnings Ratio vs Peers

How does GFGD's PE Ratio compare to its peers?

The above table shows the PE ratio for GFGD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
RRAC.F Rigel Resource Acquisition
n/an/aUS$167.5m
SLVR SILVERspac
30.9xn/aUS$327.5m
SVII Spring Valley Acquisition II
12.5xn/aUS$110.8m
FLD FTAC Emerald Acquisition
n/an/aUS$160.4m
GFGD Growth for Good Acquisition
70.4xn/aUS$341.4m

Price-To-Earnings vs Peers: GFGD is expensive based on its Price-To-Earnings Ratio (70.4x) compared to the peer average (48.3x).

Price to Earnings Ratio vs Industry

How does GFGD's PE Ratio compare vs other companies in the US Capital Markets Industry?

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.6xn/aUS$2.27b
CET Central Securities
4.5xn/aUS$1.33b
GAM General American Investors Company
4.2xn/aUS$1.19b
MUDS Mudrick Capital Acquisition Corporation II
3.4xn/aUS$401.64m
GFGD 70.4xIndustry Avg. 23.2xNo. of Companies73PE020406080100+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GFGD is expensive based on its Price-To-Earnings Ratio (70.4x) compared to the US Capital Markets industry average (27.9x).

Price to Earnings Ratio vs Fair Ratio

What is GFGD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GFGD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio70.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GFGD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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