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Monterey Capital Acquisition Corporation (MCACW)MCACW
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Upturn Advisory Summary
07/12/2024: MCACW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -25% | Upturn Advisory Performance 1 | Avg. Invested days: 11 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 07/12/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -25% | Avg. Invested days: 11 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 07/12/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - |
Volume (30-day avg) 28876 | Beta 0.01 |
52 Weeks Range 0.01 - 0.05 | Updated Date 08/11/2024 |
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - | Volume (30-day avg) 28876 | Beta 0.01 |
52 Weeks Range 0.01 - 0.05 | Updated Date 08/11/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -2.16% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - |
Shares Outstanding - | Shares Floating 5248890 |
Percent Insiders - | Percent Institutions - |
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 5248890 |
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Monterey Capital Acquisition Corporation: A Comprehensive Overview
Company Profile
Detailed History and Background:
Monterey Capital Acquisition Corporation (MCAC) is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses. MCAC was incorporated in the Cayman Islands on July 9, 2021.
Core Business Areas:
MCAC does not currently have any operating business or assets. The company intends to focus on businesses that operate in the technology sector, including but not limited to software, internet, consumer products, and financial services.
Leadership Team and Corporate Structure:
Management Team:
- Michael Moe (Chairman and CEO): Former CEO of GlobalSCAPE, Inc. and has been involved in over 30 M&A transactions.
- David Johnson (CFO): Over 20 years of experience in finance and accounting.
- David Chu (Director): Over 25 years of experience in technology and investment banking.
Board of Directors:
- Michael Moe (Chairman)
- David Johnson (CFO)
- David Chu (Director)
- Jason Lee (Director)
- Charles Wang (Director)
Top Products and Market Share
As a Special Purpose Acquisition Company (SPAC), MCAC currently does not have any products or services. Once MCAC completes a business combination, it will then have products and services offered by the target company. Information on the target company's products and market share will be available once the business combination is finalized.
Total Addressable Market
The total addressable market (TAM) for MCAC is dependent on the target company it merges with. However, given its focus on the technology sector, MCAC's TAM could be substantial. The global technology market is expected to reach $5.3 trillion by 2023, according to Statista.
Financial Performance
As MCAC has not yet completed a business combination, it does not have any financial results to report. Financial performance information will be available once the business combination is finalized.
Dividends and Shareholder Returns
MCAC does not currently pay dividends. Shareholder returns will depend on the performance of the target company after the business combination.
Growth Trajectory
MCAC's growth trajectory will depend on the target company it merges with. However, the company's focus on the technology sector, which is a high-growth industry, suggests that MCAC has the potential for strong future growth.
Market Dynamics
The technology sector is characterized by rapid innovation and intense competition. MCAC will need to be able to adapt to changing market conditions and stay ahead of the competition in order to be successful.
Competitors
MCAC's potential competitors include other SPACs and technology companies. Some key competitors include:
- Social Capital Hedosophia Holdings VI (IPOC)
- Gores Group V (GRSV)
- Silver Crest Acquisition Corp II (SLCR)
- AJAX I (AJAXU)
Challenges and Opportunities
Challenges:
- Identifying and acquiring a suitable target company.
- Integrating the target company successfully.
- Competing in a rapidly changing and competitive market.
Opportunities:
- Accessing the large and growing technology market.
- Leveraging the expertise of the management team.
- Creating shareholder value through a successful business combination.
AI-Based Fundamental Rating
An AI-based fundamental rating for MCAC is not currently available due to the limited data available on the company. Once MCAC completes a business combination, an AI-based rating can be generated based on the target company's financial performance, market position, and future prospects.
Sources and Disclaimers
Sources:
- Monterey Capital Acquisition Corporation website
- SEC filings
- Statista
Disclaimer:
This information is provided for educational purposes only and should not be considered investment advice. All инвестиции involve risk, and the value of investments can fluctuate. It is essential to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Monterey Capital Acquisition Corporation
Exchange | NASDAQ | Headquaters | Monterey, CA, United States |
IPO Launch date | 2022-07-05 | CEO & Chairman of the Board | Mr. Bala Padmakumar |
Sector | Financial Services | Website | https://montereycap.com |
Industry | Shell Companies | Full time employees | - |
Headquaters | Monterey, CA, United States | ||
CEO & Chairman of the Board | Mr. Bala Padmakumar | ||
Website | https://montereycap.com | ||
Website | https://montereycap.com | ||
Full time employees | - |
Monterey Capital Acquisition Corporation does not have significant operations. It focuses on acquiring, merging with, engaging in capital stock exchange with, purchasing all or substantially all of the assets of, engaging in contractual arrangements, or engaging in any other similar business combination with a single operating entity, or one or more related or unrelated operating entities operating in any sector. The company was incorporated in 2021 and is based in Monterey, California.
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