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GTAC

Global Technology Acquisition I NasdaqGM:GTAC Stock Report

Last Price

US$10.11

Market Cap

US$252.8m

7D

0.3%

1Y

n/a

Updated

27 Sep, 2022

Data

Company Financials
GTAC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

GTAC Stock Overview

Global Technology Acquisition Corp. I does not have significant operations.

Global Technology Acquisition I Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Global Technology Acquisition I
Historical stock prices
Current Share PriceUS$10.11
52 Week HighUS$10.30
52 Week LowUS$9.69
Beta0
1 Month Change0.70%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO3.48%

Recent News & Updates

Shareholder Returns

GTACUS Capital MarketsUS Market
7D0.3%-8.1%-6.9%
1Yn/a-27.0%-23.7%

Return vs Industry: Insufficient data to determine how GTAC performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how GTAC performed against the US Market.

Price Volatility

Is GTAC's price volatile compared to industry and market?
GTAC volatility
GTAC Average Weekly Movementn/a
Capital Markets Industry Average Movement0.5%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: Insufficient data to determine GTAC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine GTAC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aArnau Dolchttps://www.gtac.io

Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. It focuses on technology companies that operate in the marketplace, financial technology, and software-as-a-service verticals.

Global Technology Acquisition I Fundamentals Summary

How do Global Technology Acquisition I's earnings and revenue compare to its market cap?
GTAC fundamental statistics
Market CapUS$252.75m
Earnings (TTM)US$12.74m
Revenue (TTM)n/a

19.8x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GTAC income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$12.74m
EarningsUS$12.74m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.51
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did GTAC perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

GTAC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

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

GTAC PE Ratio vs Peers
The above table shows the PE ratio for GTAC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.5x
CRZN Corazon Capital V838 Monoceros
21.6xn/aUS$251.9m
SMIH Summit Healthcare Acquisition
19.5xn/aUS$252.9m
ARTE Artemis Strategic Investment
69.8xn/aUS$250.3m
APAC StoneBridge Acquisition
15xn/aUS$252.3m
GTAC Global Technology Acquisition I
19.8xn/aUS$252.8m

Price-To-Earnings vs Peers: GTAC is good value based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (31.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: GTAC is good value based on its Price-To-Earnings Ratio (19.8x) compared to the US Capital Markets industry average (24.8x)


Price to Earnings Ratio vs Fair Ratio

What is GTAC'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.

GTAC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate GTAC's fair value 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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Future Growth

How is Global Technology Acquisition I forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.7%

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 Global Technology Acquisition I 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.


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  • Take a look at our analysis of GTAC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Global Technology Acquisition I performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


20.8%

Historical Diversified Financials annual earnings growth

Earnings and Revenue History

Quality Earnings: GTAC has high quality earnings.

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


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if GTAC'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 GTAC's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: Insufficient data to determine if GTAC's earnings growth over the past year exceeded the Capital Markets industry average.


Return on Equity

High ROE: GTAC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Global Technology Acquisition I's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GTAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GTAC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GTAC is debt free.

Reducing Debt: GTAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

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

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


Balance Sheet


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Dividend

What is Global Technology Acquisition I current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Global Technology Acquisition I Dividend Yield vs Market
How does Global Technology Acquisition I dividend yield compare to the market?
SegmentDividend Yield
Company (Global Technology Acquisition I)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Capital Markets)2.9%
Analyst forecast in 3 Years (Global Technology Acquisition I)n/a

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

High Dividend: Unable to evaluate GTAC'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 GTAC's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GTAC has not reported any payouts.


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Management

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

1.6yrs

Average management tenure


CEO

Arnau Dolc (37 yo)

1.58yrs

Tenure

Mr. Arnau Porto Dolc serves as Chief Executive Officer and Director of Global Technology Acquisition Corp. I since February 2021 and is its Founder. He serves as the Founder and CIO of Greentrail Capital,...


Leadership Team

Experienced Management: GTAC's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: GTAC's board of directors are not considered experienced ( 0.9 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

What is the ownership structure of GTAC?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders120,0000.5%
Hedge Funds2,905,33811.6%
Private Companies4,880,00019.5%
General Public4,901,30519.6%
Institutions12,193,35748.8%

Dilution of Shares: GTAC only recently listed within the past 12 months.


Top Shareholders

Top 25 shareholders own 72.3% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
19.52%
Global Technology Acquisition I Sponsor Lp
4,880,000$49.3m0%no data
6.14%
683 Capital Management, LLC
1,535,000$15.5m0%1.14%
5.48%
Saba Capital Management, L.P.
1,370,338$13.9m0%0.19%
4.34%
Millennium Management LLC
1,085,100$11.0m138.69%0.01%
3.87%
Sculptor Capital Management, Inc.
967,000$9.8m-42.78%0.13%
3.66%
Glazer Capital, LLC
914,983$9.3m0%0.24%
3.44%
Marshall Wace LLP
859,581$8.7m0%0.02%
3.32%
Shaolin Capital Management LLC
830,250$8.4m0%0.4%
2%
Radcliffe Capital Management, L.P.
500,001$5.1m0%0.18%
2%
Picton Mahoney Asset Management
500,000$5.1m0%0.17%
1.9%
Context Capital Management LLC
475,000$4.8m0%0.68%
1.6%
Linden Advisors LP
400,000$4.0m0%0.24%
1.6%
Polar Asset Management Partners Inc.
400,000$4.0m0%0.07%
1.47%
D. E. Shaw & Co., L.P.
366,374$3.7m0%0.01%
1.4%
Verition Fund Management LLC
350,941$3.5m0%0.08%
1.4%
Aristeia Capital, LLC
350,000$3.5m0%0.08%
1.37%
Periscope Capital Inc
343,400$3.5m0%0.1%
1.23%
Highbridge Capital Management, LLC
306,958$3.1m-15.3%0.07%
1.09%
Eisler Capital (Uk) Ltd
271,477$2.7m-3.59%0.3%
1.05%
UBS O'Connor LLC
262,511$2.7m0%0.06%
1.01%
Wolverine Asset Management, LLC
253,366$2.6m-15.33%0.16%
0.9%
Boussard & Gavaudan Asset Management, LP
225,000$2.3m0%0.34%
0.89%
Mangrove Partners
221,354$2.2m0%0.18%
0.83%
Basso Capital Management, L.P.
207,102$2.1m3.7%0.22%
0.8%
Brookfield Asset Management Inc.
200,000$2.0m0%0.01%

Company Information

Global Technology Acquisition Corp. I's employee growth, exchange listings and data sources


Key Information

  • Name: Global Technology Acquisition Corp. I
  • Ticker: GTAC
  • Exchange: NasdaqGM
  • Founded: 2021
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$252.750m
  • Shares outstanding: 25.00m
  • Website: https://www.gtac.io

Location

  • Global Technology Acquisition Corp. I
  • 19 West 24th Street
  • 10th Floor
  • New York
  • New York
  • 10010
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTAC.UNasdaqGM (Nasdaq Global Market)UnitsUSUSDOct 2021
GTACNasdaqGM (Nasdaq Global Market)YesClass A Ordinary SharesUSUSDDec 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.