How does FLAG.U's PB Ratio compare to its peers?

FLAG.U has negative equity and a Price-To-Book Ratio (-4x) compared to the peer average (1569.2x).

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

FLAG.U has negative equity and a Price-To-Book Ratio (-4x) compared to the US Capital Markets industry average (-10.8x).

What is FLAG.U's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

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

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

FLAG.U ($7.5) is trading below our estimate of [[fair value]] ($89.2)

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.

First Light Acquisition Group (NYSEAM:FLAG.U) - Stock Price, News & Analysis

FLAG.U Stock Overview

First Light Acquisition Group, Inc. does not have significant operations. More details

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

Rewards

Trading at 91.6% below our estimate of its fair value

Risk Analysis

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

Negative shareholders equity

Does not have a meaningful market cap ($48M)

Less than 3 years of financial data is available

+ 1 more risk

First Light Acquisition Group, Inc. Competitors

Great Elm Group

NasdaqGS:GEG

US$54.7m

Binah Capital Group

NasdaqGM:BCG

US$44.0m

Heritage Global

NasdaqCM:HGBL

US$60.3m

Marygold Companies

NYSEAM:MGLD

US$61.7m

Price History & Performance

Summary of all time highs, changes and price drops for First Light Acquisition Group
Historical stock prices
Current Share Price	US$7.50
52 Week High	US$12.21
52 Week Low	US$6.99
Beta	0
11 Month Change	-29.45%
3 Month Change	n/a
1 Year Change	-25.74%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-24.55%

Recent updates

Shareholder Returns

	FLAG.U	US Capital Markets	US Market
7D	-17.9%	2.4%	2.0%
1Y	-25.7%	55.8%	32.4%

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

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

Price Volatility

Is FLAG.U's price volatile compared to industry and market?
FLAG.U volatility
FLAG.U Average Weekly Movement	n/a
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: FLAG.U's share price has been volatile over the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
2021	n/a	Tom Vecchiolla	firstlightacquisition.com

First Light Acquisition Group, Inc. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is headquartered in Reston, Virginia.

First Light Acquisition Group, Inc. Fundamentals Summary

How do First Light Acquisition Group's earnings and revenue compare to its market cap?
FLAG.U fundamental statistics
Market cap	US$48.40m
Earnings (TTM)	-US$8.59m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-5.6x

P/E Ratio

Is FLAG.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLAG.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$8.59m
Earnings	-US$8.59m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.87
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-12.4%

How did FLAG.U perform over the long term?

See historical performance and comparison

First Light Acquisition Group NYSEAM:FLAG.U Stock Report