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

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TMAC Stock Overview

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

TMAC 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 (14.9x)

Earnings grew by 369.4% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Negative shareholders equity

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

Less than 3 years of financial data is available

+ 1 more risk

The Music Acquisition Corporation Competitors

Healthcare AI Acquisition

NasdaqCM:HAIA

US$68.4m

Keyarch Acquisition

NasdaqCM:KYCH

US$54.6m

NorthView Acquisition

NasdaqCM:NVAC

US$68.9m

Jupiter Acquisition

NasdaqCM:JAQC

US$62.2m

Price History & Performance

Summary of all time highs, changes and price drops for Music Acquisition
Historical stock prices
Current Share Price	US$10.10
52 Week High	US$10.10
52 Week Low	US$9.67
Beta	0
11 Month Change	0.90%
3 Month Change	2.64%
1 Year Change	3.70%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	4.66%

Recent updates

Shareholder Returns

	TMAC	US Capital Markets	US Market
7D	0.6%	2.4%	2.0%
1Y	3.7%	55.8%	32.4%

Return vs Industry: TMAC exceeded the US Capital Markets industry which returned -16.4% over the past year.

Return vs Market: TMAC exceeded the US Market which returned -14.9% over the past year.

Price Volatility

Is TMAC's price volatile compared to industry and market?
TMAC volatility
TMAC Average Weekly Movement	0.3%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.9%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: TMAC's weekly volatility (0%) has been stable 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 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 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

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

See historical performance and comparison

Music Acquisition NYSE:TMAC Stock Report