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 (Nasdaq:GNAC) - Stock Price, News & Analysis

This company listing is no longer active

This company may still be operating, however this listing is no longer active.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

Group Nine Acquisition Corp. Competitors

ASA Gold and Precious Metals

NYSE:ASA

US$387.8m

Helios Fairfax Partners

OTCPK:FFXX.F

US$293.2m

Saratoga Investment

NYSE:SAR

US$352.3m

FRMO

OTCPK:FRMO

US$484.3m

Price History & Performance

Summary of all time highs, changes and price drops 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
11 Month Change	-0.70%
3 Month Change	1.12%
1 Year Change	2.26%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	n/a

Recent updates

Shareholder Returns

	GNAC	US Capital Markets	US Market
7D	-1.1%	2.5%	1.6%
1Y	2.3%	55.7%	32.3%

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	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	3.1%

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

Group Nine Acquisition NasdaqCM:GNAC Stock Report