Iconic Sports Acquisition Stock Fundamentals
ICNCDelisted Stock | USD 10.73 0.00 0.00% |
Iconic Sports Acquisition fundamentals help investors to digest information that contributes to Iconic Sports' financial success or failures. It also enables traders to predict the movement of Iconic Stock. The fundamental analysis module provides a way to measure Iconic Sports' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Iconic Sports stock.
Iconic |
Iconic Sports Acquisition Company Shares Outstanding Analysis
Iconic Sports' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Iconic Sports Shares Outstanding | 13.37 M |
Most of Iconic Sports' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Iconic Sports Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, Iconic Sports Acquisition has 13.37 M of shares currently outstending. This is 99.27% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The shares outstanding for all United States stocks is 97.66% higher than that of the company.
Iconic Sports Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Iconic Sports's current stock value. Our valuation model uses many indicators to compare Iconic Sports value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Iconic Sports competition to find correlations between indicators driving Iconic Sports's intrinsic value. More Info.Iconic Sports Acquisition is rated fourth overall in return on asset category among its peers. It is rated fifth overall in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Iconic Sports' earnings, one of the primary drivers of an investment's value.Iconic Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Iconic Sports' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Iconic Sports could also be used in its relative valuation, which is a method of valuing Iconic Sports by comparing valuation metrics of similar companies.Iconic Sports is currently under evaluation in shares outstanding category among its peers.
Iconic Fundamentals
Return On Asset | -0.0034 | |||
Current Valuation | 238.42 M | |||
Shares Outstanding | 13.37 M | |||
Shares Owned By Institutions | 100.00 % | |||
Number Of Shares Shorted | 546 | |||
EBITDA | (22.36 M) | |||
Net Income | 18.51 M | |||
Cash And Equivalents | 271.89 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 750 K | |||
Current Ratio | 1.82 X | |||
Book Value Per Share | (0.72) X | |||
Cash Flow From Operations | (1.07 M) | |||
Short Ratio | 0.06 X | |||
Earnings Per Share | 0.28 X | |||
Market Capitalization | 237.11 M | |||
Total Asset | 359.47 M | |||
Retained Earnings | (15.99 M) | |||
Working Capital | (1.16 M) | |||
Net Asset | 359.47 M |
About Iconic Sports Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Iconic Sports Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Iconic Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Iconic Sports Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Iconic Sports Acquisition Corp. does not have significant operations. Iconic Sports Acquisition Corp. was incorporated in 2021 and is based in London, the United Kingdom. Iconic Sports is traded on New York Stock Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Iconic Stock
If you are still planning to invest in Iconic Sports Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Iconic Sports' history and understand the potential risks before investing.
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