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

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

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

MIT is expensive based on its Price-To-Earnings Ratio (35.4x) compared to the US Capital Markets industry average (28.2x)

What is MIT'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's Price-To-Earnings Fair Ratio for valuation analysis.

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

Insufficient data to calculate MIT'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.

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MIT Stock Overview

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

MIT 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

Negative shareholders equity

Debt is not well covered by operating cash flow

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

My Notes

Capture your thoughts, links and company narrative

Mason Industrial Technology, Inc. Competitors

Trinity Capital

NasdaqGS:TRIN

US$872.4m

Khosla Ventures Acquisition III

NasdaqCM:KVSC

US$639.5m

Ares Acquisition Corporation II

NYSE:AACT

US$684.4m

AltC Acquisition

NYSE:ALCC

US$653.8m

Price History & Performance

Summary of share price highs, lows and changes for Mason Industrial Technology
Historical stock prices
Current Share Price	US$10.14
52 Week High	US$10.14
52 Week Low	US$9.70
Beta	0
1 Month Change	1.35%
3 Month Change	1.96%
1 Year Change	4.21%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	4.54%

Recent updates

Shareholder Returns

	MIT	US Capital Markets	US Market
7D	1.2%	-2.1%	-2.6%
1Y	4.2%	32.7%	23.1%

Return vs Industry: MIT exceeded the US Capital Markets industry which returned -10.7% over the past year.

Return vs Market: MIT exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is MIT's price volatile compared to industry and market?
MIT volatility
MIT Average Weekly Movement	0.4%
Capital Markets Industry Average Movement	4.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.8%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: MIT's weekly volatility (0%) 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 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 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIT 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 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/02/05 18:42
End of Day Share Price	2023/02/02 00:00
Earnings	2022/09/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mason Industrial Technology, Inc. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Mason Industrial Technology NYSE:MIT Stock Report