Monument Circle Acquisition (Monument Circle Acquisition) GF Value Rank : 0 (As of Apr. 27, 2024)

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What is Monument Circle Acquisition GF Value Rank?

Monument Circle Acquisition has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Monument Circle Acquisition GF Value Rank Related Terms

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Monument Circle Acquisition (Monument Circle Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Monument Circle Acquisition Corp (NAS:MON) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

One EMMIS Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN, USA, 46204

Website

https://www.monumentcircleacquisition.com

Monument Circle Acquisition Corp is a blank check company.

Executives

Stanley P Gold	director	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Patrick M Walsh	director, officer: President, COO & Director	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan	director, 10 percent owner, officer: Chairman & CEO
Ryan A Hornaday	officer: EVP, CFO & Treasurer	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
J. Scott Enright	officer: EVP, Gen. Counsel & Secretary	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Emmis Operating Co	director, other: See footnote(2)	C/O EMMIS COMMUNICATIONS, 40 MONUMENT CIRCLE 7TH FLOOR, INDIANAPOLIS IN 46204
Stephen Goldsmith	director	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Monument Circle Sponsor Llc	other: See footnote(2)	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Traug Keller	director	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Chase Rupe	officer: SVP, Strategy & Corp. Dev.	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204

Monument Circle Acquisition (Monument Circle Acquisition) Headlines

From GuruFocus

Monument Circle Acquisition Corp. Announces The Separate Trading Of Its Class A Common Stock And Warrants, Commencing March 12, 2021

By PRNewswire PRNewswire • 03-09-2021

Monument Circle Acquisition Corp. Completes Upsized $250 Million Initial Public Offering

By PRNewswire PRNewswire • 01-20-2021