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

TMAC.U is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (41.1x).

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

TMAC.U is good value based on its Price-To-Earnings Ratio (5.2x) compared to the US Capital Markets industry average (27.1x).

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

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

Insufficient data to calculate TMAC.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.

Music Acquisition (NYSE:TMAC.U) - Stock Price, News & Analysis

TMAC.U Stock Overview

The Music Acquisition Corporation does not have significant operations. More details

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

Rewards

Price-To-Earnings ratio (5.2x) is below the US market (16.4x)

Earnings grew by 369.4% over the past year

Risk Analysis

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

Negative shareholders equity

Shares are highly illiquid

Debt is not well covered by operating cash flow

+ 2 more risks

The Music Acquisition Corporation Competitors

Clean Energy Special Situations

OTCPK:SWSS

US$65.4m

FutureTech II Acquisition

NasdaqGM:FTII

US$64.7m

Aimfinity Investment I

NasdaqGM:AIMA.U

US$66.7m

ESGEN Acquisition

NasdaqGM:ESAC

US$64.0m

Price History & Performance

Summary of all time highs, changes and price drops for Music Acquisition
Historical stock prices
Current Share Price	US$10.06
52 Week High	US$10.14
52 Week Low	US$9.81
Beta	0
11 Month Change	0.60%
3 Month Change	2.13%
1 Year Change	-0.40%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-4.46%

Recent updates

Shareholder Returns

	TMAC.U	US Capital Markets	US Market
7D	0.3%	2.5%	1.6%
1Y	-0.4%	55.7%	32.3%

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

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

Price Volatility

Is TMAC.U's price volatile compared to industry and market?
TMAC.U volatility
TMAC.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
2020	n/a	Neil Jacobson	www.musicacquisition.com

The Music Acquisition Corporation does not have significant operations. It intends on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the music sector. The company was incorporated in 2020 and is based in Hollywood, California.

The Music Acquisition Corporation Fundamentals Summary

How do Music Acquisition's earnings and revenue compare to its market cap?
TMAC.U fundamental statistics
Market cap	US$65.13m
Earnings (TTM)	US$12.56m
Revenue (TTM)	n/a

5.2x

P/E Ratio

0.0x

P/S Ratio

Is TMAC.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TMAC.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$12.56m
Earnings	US$12.56m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.95
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-4.2%

How did TMAC.U perform over the long term?

See historical performance and comparison

Music Acquisition NYSE:TMAC.U Stock Report