share_log

Financial Contrast: Summit Healthcare Acquisition (SMIH) Versus The Competition

Defense World ·  Dec 9, 2022 01:31

Summit Healthcare Acquisition (NASDAQ:SMIH – Get Rating) is one of 709 publicly-traded companies in the "Holding & other investment offices" industry, but how does it contrast to its competitors? We will compare Summit Healthcare Acquisition to related businesses based on the strength of its dividends, profitability, valuation, earnings, analyst recommendations, institutional ownership and risk.

Volatility & Risk

Summit Healthcare Acquisition has a beta of 0.01, indicating that its share price is 99% less volatile than the S&P 500. Comparatively, Summit Healthcare Acquisition's competitors have a beta of 0.05, indicating that their average share price is 95% less volatile than the S&P 500.

Get Summit Healthcare Acquisition alerts:

Profitability

This table compares Summit Healthcare Acquisition and its competitors' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Summit Healthcare Acquisition N/A 46.53% 8.78%
Summit Healthcare Acquisition Competitors 11.67% -68.35% 2.51%

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Summit Healthcare Acquisition and its competitors, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Summit Healthcare Acquisition 0 0 0 0 N/A
Summit Healthcare Acquisition Competitors 113 595 908 18 2.51

As a group, "Holding & other investment offices" companies have a potential upside of 65.51%. Given Summit Healthcare Acquisition's competitors higher probable upside, analysts plainly believe Summit Healthcare Acquisition has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Summit Healthcare Acquisition and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Summit Healthcare Acquisition N/A -$550,000.00 12.50
Summit Healthcare Acquisition Competitors $1.63 billion $82.64 million 29.59

Summit Healthcare Acquisition's competitors have higher revenue and earnings than Summit Healthcare Acquisition. Summit Healthcare Acquisition is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

64.3% of shares of all "Holding & other investment offices" companies are owned by institutional investors. 18.3% of shares of all "Holding & other investment offices" companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Summit Healthcare Acquisition competitors beat Summit Healthcare Acquisition on 8 of the 10 factors compared.

Summit Healthcare Acquisition Company Profile

(Get Rating)

Summit Healthcare Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Central, Hong Kong.

Receive News & Ratings for Summit Healthcare Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Healthcare Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment