NasdaqCM:GMHI.U

Stock Analysis Report

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Executive Summary

Gores Metropoulos, Inc. does not have signification operations.


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has Gores Metropoulos's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GMHI.U has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.8%

GMHI.U

3.4%

US Capital Markets

2.3%

US Market


1 Year Return

6.6%

GMHI.U

3.1%

US Capital Markets

6.7%

US Market

Return vs Industry: GMHI.U exceeded the US Capital Markets industry which returned 3.1% over the past year.

Return vs Market: GMHI.U matched the US Market which returned 6.7% over the past year.


Shareholder returns

GMHI.UIndustryMarket
7 Day-1.8%3.4%2.3%
30 Day-2.2%3.8%6.0%
90 Day5.3%16.1%18.9%
1 Year6.6%6.6%5.3%3.1%9.0%6.7%
3 Yearn/a23.8%16.5%36.6%27.7%
5 Yearn/a52.1%37.6%64.2%46.1%

Price Volatility Vs. Market

How volatile is Gores Metropoulos's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gores Metropoulos undervalued compared to its fair value and its price relative to the market?

103.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GMHI.U ($11.25) is trading above our estimate of fair value ($2.21)

Significantly Below Fair Value: GMHI.U is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GMHI.U is poor value based on its PE Ratio (103.5x) compared to the US Capital Markets industry average (32.9x).

PE vs Market: GMHI.U is poor value based on its PE Ratio (103.5x) compared to the US market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GMHI.U's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GMHI.U is overvalued based on its PB Ratio (88.5x) compared to the US Capital Markets industry average (9.3x).


Next Steps

Future Growth

How is Gores Metropoulos forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gores Metropoulos has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Gores Metropoulos performed over the past 5 years?

306.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: GMHI.U has high quality earnings.

Growing Profit Margin: Insufficient data to determine if GMHI.U's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if GMHI.U's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare GMHI.U's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: GMHI.U earnings growth over the past year (306.7%) exceeded the Capital Markets industry 16.6%.


Return on Equity

High ROE: GMHI.U's Return on Equity (85.6%) is considered outstanding.


Next Steps

Financial Health

How is Gores Metropoulos's financial position?


Financial Position Analysis

Short Term Liabilities: GMHI.U's short term assets ($1.1M) do not cover its short term liabilities ($1.5M).

Long Term Liabilities: GMHI.U's short term assets ($1.1M) do not cover its long term liabilities ($401.1M).


Debt to Equity History and Analysis

Debt Level: GMHI.U is debt free.

Reducing Debt: GMHI.U had no debt 5 years ago.

Debt Coverage: GMHI.U has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GMHI.U has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Gores Metropoulos's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GMHI.U's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GMHI.U's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GMHI.U's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GMHI.U's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GMHI.U's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average board tenure


CEO

Alec Gores (67yo)

1.92yrs

Tenure

Mr. Alec Elias Gores serves as Founder, Chairman and Chief Executive Officer at Gores Group, LLC. Mr. Gores is the Chief Executive Officer and Director of Gores Metropoulos, Inc. since August 2018. He foun ...


Board Members

NamePositionTenureCompensationOwnership
Alec Gores
CEO & Director1.92yrsno datano data
Michael Cramer
Independent Director1.42yrsno data0.050% $275.0k
Joseph Gatto
Independent Director1.42yrsno data0.050% $275.0k
Randy Bort
Independent Director1.42yrsno data0.050% $275.0k
Dean Metropoulos
Chairman of the board1.92yrsno datano data

1.4yrs

Average Tenure

67yo

Average Age

Experienced Board: GMHI.U's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gores Metropoulos, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gores Metropoulos, Inc.
  • Ticker: GMHI.U
  • Exchange: NasdaqCM
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$550.000m
  • Shares outstanding: 50.00m
  • Website: https://www.gores.com

Location

  • Gores Metropoulos, Inc.
  • 9800 Wilshire Boulevard
  • Beverly Hills
  • California
  • 90212
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GMHI.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDFeb 2019
GMHINasdaqCM (Nasdaq Capital Market)YesClass A Common StockUSUSDMar 2019

Biography

Gores Metropoulos, Inc. does not have signification operations. It intends to acquire assets and businesses through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or business combination. The company was founded in 2018 and is headquartered in Beverly Hills, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 00:58
End of Day Share Price2020/07/08 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.