Iconic Sports Acquisition Corp.

NYSE:ICNC.U Stock Report

Market Cap: US$237.8m

Iconic Sports Acquisition Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

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

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for ICNC.U?

Key metric: As ICNC.U is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ICNC.U. This is calculated by dividing ICNC.U's market cap by their current earnings.
What is ICNC.U's PE Ratio?
PE Ratio22.6x
EarningsUS$10.54m
Market CapUS$237.77m

Price to Earnings Ratio vs Peers

How does ICNC.U's PE Ratio compare to its peers?

The above table shows the PE ratio for ICNC.U vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average51.3x
BOAC Bluescape Opportunities Acquisition
26xn/aUS$226.5m
CLBR Colombier Acquisition II
136.5xn/aUS$226.3m
SRSA Sarissa Capital Acquisition
19.9xn/aUS$251.3m
SAMG Silvercrest Asset Management Group
23x19.6%US$170.8m
ICNC.U Iconic Sports Acquisition
22.6xn/aUS$237.8m

Price-To-Earnings vs Peers: ICNC.U is good value based on its Price-To-Earnings Ratio (22.6x) compared to the peer average (42.2x).


Price to Earnings Ratio vs Industry

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

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.6xn/aUS$2.29b
CET Central Securities
4.5xn/aUS$1.33b
GAM General American Investors Company
4.2xn/aUS$1.19b
MUDS Mudrick Capital Acquisition Corporation II
3.4xn/aUS$401.64m
ICNC.U 22.6xIndustry Avg. 23.0xNo. of Companies74PE020406080100+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ICNC.U is good value based on its Price-To-Earnings Ratio (22.6x) compared to the US Capital Markets industry average (27.1x).


Price to Earnings Ratio vs Fair Ratio

What is ICNC.U'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.

ICNC.U PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ICNC.U's Price-To-Earnings Fair Ratio 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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