NasdaqCM:MNCL

Stock Analysis Report

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Executive Summary

Monocle Acquisition Corporation does not significant operations.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Monocle Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.3%

MNCL

4.5%

US Capital Markets

2.8%

US Market


1 Year Return

4.1%

MNCL

6.0%

US Capital Markets

9.3%

US Market

Return vs Industry: MNCL underperformed the US Capital Markets industry which returned 7% over the past year.

Return vs Market: MNCL underperformed the US Market which returned 9.9% over the past year.


Shareholder returns

MNCLIndustryMarket
7 Day1.3%4.5%2.8%
30 Day1.0%9.9%8.9%
90 Day0.7%-2.0%-0.5%
1 Year4.1%4.1%8.3%6.0%11.8%9.3%
3 Yearn/a30.6%22.8%31.4%22.7%
5 Yearn/a52.7%38.2%58.7%40.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Monocle Acquisition undervalued compared to its fair value and its price relative to the market?

10.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MNCL ($10.25) is trading above our estimate of fair value ($2.8)

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


Price To Earnings Ratio

PE vs Industry: MNCL is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: MNCL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MNCL is overvalued based on its PB Ratio (10.8x) compared to the US Capital Markets industry average (8.5x).


Next Steps

Future Growth

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

6.6%

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 Monocle Acquisition 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 Monocle Acquisition performed over the past 5 years?

-358.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: MNCL is currently unprofitable.

Growing Profit Margin: MNCL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if MNCL'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 MNCL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MNCL is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (16.6%).


Return on Equity

High ROE: MNCL has a negative Return on Equity (16.46%), as it is currently unprofitable.


Next Steps

Financial Health

How is Monocle Acquisition's financial position?


Financial Position Analysis

Short Term Liabilities: MNCL's short term assets ($272.6K) do not cover its short term liabilities ($454.6K).

Long Term Liabilities: MNCL's short term assets ($272.6K) do not cover its long term liabilities ($171.9M).


Debt to Equity History and Analysis

Debt Level: MNCL is debt free.

Reducing Debt: MNCL had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MNCL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MNCL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 130.8% each year


Next Steps

Dividend

What is Monocle Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MNCL'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 MNCL'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?

1.3yrs

Average board tenure


CEO

Eric Zahler (68yo)

1.83yrs

Tenure

Mr. Eric J. Zahler has been the President, Chief Executive Officer and Director of Monocle Acquisition Corporation since August 20, 2018. He serves as the Chairman of The Board of Route Dynamics Corp. Mr.  ...


Board Members

NamePositionTenureCompensationOwnership
Eric Zahler
President1.83yrsno datano data
Sai Devabhaktuni
Chairman of the Board1.33yrsno datano data
John Pescatore
Independent Director1.33yrsno datano data
Claude Kehler
Independent Director1.33yrsno datano data
Donald Manvel
Independent Director1.33yrsno datano data

1.3yrs

Average Tenure

67yo

Average Age

Experienced Board: MNCL's board of directors are not considered experienced ( 1.3 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

Monocle Acquisition Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Monocle Acquisition Corporation
  • Ticker: MNCL
  • Exchange: NasdaqCM
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$53.953m
  • Shares outstanding: 5.26m
  • Website: https://null

Location

  • Monocle Acquisition Corporation
  • 750 Lexington Avenue
  • Suite 1501
  • New York
  • New York
  • 10022
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MNCL.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDFeb 2019
MNCLNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDFeb 2019

Biography

Monocle Acquisition Corporation does not significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the aerospace and defense, industrial, and technology and telecommunication sectors. The company was founded in 2018 and is based in New York, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 06:37
End of Day Share Price2020/05/29 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.