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Analyzing Summit Healthcare Acquisition (SMIH) & Its Competitors

Defense World ·  Dec 13, 2022 01:51

Summit Healthcare Acquisition (NASDAQ:SMIH – Get Rating) is one of 710 public companies in the "Holding & other investment offices" industry, but how does it contrast to its rivals? We will compare Summit Healthcare Acquisition to similar companies based on the strength of its institutional ownership, profitability, analyst recommendations, valuation, earnings, dividends and risk.

Profitability

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

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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%

Valuation & Earnings

This table compares Summit Healthcare Acquisition and its rivals revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Summit Healthcare Acquisition N/A -$550,000.00 12.51
Summit Healthcare Acquisition Competitors $1.72 billion $88.36 million 25.15
Summit Healthcare Acquisition's rivals have higher revenue and earnings than Summit Healthcare Acquisition. Summit Healthcare Acquisition is trading at a lower price-to-earnings ratio than its rivals, 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 held by institutional investors. 17.6% of shares of all "Holding & other investment offices" companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Summit Healthcare Acquisition and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Summit Healthcare Acquisition 0 0 0 0 N/A
Summit Healthcare Acquisition Competitors 113 591 885 18 2.50

As a group, "Holding & other investment offices" companies have a potential upside of 65.47%. Given Summit Healthcare Acquisition's rivals higher possible upside, analysts clearly believe Summit Healthcare Acquisition has less favorable growth aspects than its rivals.

Risk & Volatility

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

Summary

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

About Summit Healthcare Acquisition

(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.

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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
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