How does GNAC's PB Ratio compare to its peers?

GNAC is good value based on its Price-To-Book Ratio (-24.4x) compared to the peer average (8177.3x).

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

GNAC is expensive based on its Price-To-Book Ratio (-24.4x) compared to the US Capital Markets industry average (-27.2x)

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

Insufficient data to calculate GNAC's Price-To-Book Fair Ratio for valuation analysis.

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

Insufficient data to calculate GNAC's fair value for valuation analysis.

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

Insufficient data to show price forecast.

Group Nine Acquisition NasdaqCM:GNAC Stock Report

Last Price

US$9.97

Market Cap

US$286.6m

7D

-1.1%

1Y

2.3%

Updated

23 Dec, 2022

Data

Company Financials

Group Nine Acquisition Corp.

NasdaqCM:GNAC Stock Report

Market Cap: US$286.6m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

GNAC Stock Overview

Group Nine Acquisition Corp. does not have significant operations. More details

GNAC fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue ($0)

Negative shareholders equity

Has less than 1 year of cash runway

Less than 3 years of financial data is available

My Notes

Capture your thoughts, links and company narrative

Group Nine Acquisition Corp. Competitors

ASA Gold and Precious Metals

NYSE:ASA

US$488.5m

Helios Fairfax Partners

OTCPK:FFXX.F

US$228.3m

Saratoga Investment

NYSE:SAR

US$359.7m

FRMO

OTCPK:FRMO

US$427.9m

Price History & Performance

Summary of share price highs, lows and changes for Group Nine Acquisition
Historical stock prices
Current Share Price	US$9.97
52 Week High	US$10.10
52 Week Low	US$9.70
Beta	0
1 Month Change	-0.70%
3 Month Change	1.12%
1 Year Change	2.26%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	n/a

Recent News & Updates

Recent updates

Shareholder Returns

	GNAC	US Capital Markets	US Market
7D	-1.1%	-1.7%	-0.5%
1Y	2.3%	39.1%	21.1%

Return vs Industry: GNAC exceeded the US Capital Markets industry which returned -22.8% over the past year.

Return vs Market: GNAC exceeded the US Market which returned -22% over the past year.

Price Volatility

Is GNAC's price volatile compared to industry and market?
GNAC volatility
GNAC Average Weekly Movement	0.5%
Capital Markets Industry Average Movement	3.5%
Market Average Movement	5.9%
10% most volatile stocks in US Market	18.2%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: GNAC's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	Ben Lerer	gnacinc.com

Group Nine Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

Group Nine Acquisition Corp. Fundamentals Summary

How do Group Nine Acquisition's earnings and revenue compare to its market cap?
GNAC fundamental statistics
Market cap	US$286.64m
Earnings (TTM)	-US$16.44m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-17.4x

P/E Ratio

Is GNAC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GNAC income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$16.44m
Earnings	-US$16.44m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.57
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-29.1%

How did GNAC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/12/23 10:45
End of Day Share Price	2022/12/21 00:00
Earnings	2022/09/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Group Nine Acquisition Corp. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.