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

MIT.U is good value based on its Price-To-Earnings Ratio (35.4x) compared to the peer average (37.5x).

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

MIT.U is expensive based on its Price-To-Earnings Ratio (35.4x) compared to the US Capital Markets industry average (27.1x).

What is MIT.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.

Insufficient data to calculate MIT.U's Price-To-Earnings Fair Ratio for valuation analysis.

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

Insufficient data to calculate MIT.U'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.

Mason Industrial Technology (NYSE:MIT.U) - Stock Price, News & Analysis

MIT.U Stock Overview

Mason Industrial Technology, Inc. does not have significant operations. More details

MIT.U fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	0/6
Dividends	0/6

Rewards

Earnings grew by 36.3% over the past year

Risk Analysis

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

Negative shareholders equity

Debt is not well covered by operating cash flow

Mason Industrial Technology, Inc. Competitors

Adams Natural Resources Fund

NYSE:PEO

US$600.5m

GAMCO Investors

OTCPK:GAMI

US$653.9m

Khosla Ventures Acquisition III

NasdaqCM:KVSC

US$639.5m

AltC Acquisition

NYSE:ALCC

US$653.8m

Price History & Performance

Summary of all time highs, changes and price drops for Mason Industrial Technology
Historical stock prices
Current Share Price	US$10.13
52 Week High	US$10.47
52 Week Low	US$9.52
Beta	0
11 Month Change	1.30%
3 Month Change	1.91%
1 Year Change	2.74%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	0.60%

Recent updates

Shareholder Returns

	MIT.U	US Capital Markets	US Market
7D	0.9%	0.06%	0.5%
1Y	2.7%	52.3%	30.7%

Return vs Industry: MIT.U underperformed the US Capital Markets industry which returned 8% over the past year.

Return vs Market: MIT.U underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is MIT.U's price volatile compared to industry and market?
MIT.U volatility
MIT.U Average Weekly Movement	0.7%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
2020	n/a	Ed Rose	www.masonitech.com

Mason Industrial Technology, Inc. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to identify business opportunities in the field of industrial technology, advanced materials, or specialty chemicals.

Mason Industrial Technology, Inc. Fundamentals Summary

How do Mason Industrial Technology's earnings and revenue compare to its market cap?
MIT.U fundamental statistics
Market cap	US$633.75m
Earnings (TTM)	US$17.88m
Revenue (TTM)	n/a

35.4x

P/E Ratio

0.0x

P/S Ratio

Is MIT.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIT.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$17.88m
Earnings	US$17.88m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-1.6%

How did MIT.U perform over the long term?

See historical performance and comparison

Mason Industrial Technology NYSE:MIT.U Stock Report