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Summit Healthcare Acquisition (SMIH) & The Competition Financial Comparison

Financial News Live ·  Dec 15, 2022 20:21

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 peers? We will compare Summit Healthcare Acquisition to similar businesses based on the strength of its risk, analyst recommendations, institutional ownership, profitability, earnings, valuation and dividends.

Valuation and Earnings

This table compares Summit Healthcare Acquisition and its peers top-line revenue, earnings per share (EPS) and valuation.

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Gross Revenue Net Income Price/Earnings Ratio
Summit Healthcare Acquisition N/A -$550,000.00 12.55
Summit Healthcare Acquisition Competitors $1.72 billion $88.36 million 25.18

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

Analyst Ratings

This is a breakdown of current recommendations for Summit Healthcare Acquisition and its peers, as reported 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 113 592 886 18 2.50

As a group, "Holding & other investment offices" companies have a potential upside of 67.01%. Given Summit Healthcare Acquisition's peers higher possible upside, analysts clearly believe Summit Healthcare Acquisition has less favorable growth aspects than its peers.

Profitability

This table compares Summit Healthcare Acquisition and its peers' 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%

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 peers have a beta of 0.05, suggesting that their average share price is 95% less volatile than the S&P 500.

Insider and 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 company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Summit Healthcare Acquisition peers 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.

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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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