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NASDAQ: IGAC
Ig Acquisition Corp Stock

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$10.01+0.01 (+0.1%)
Updated Oct 4, 2022
IGAC Price
$10.01
Fair Value Price
$10.01
Market Cap
$375.19M
52 Week Low
$9.77
52 Week High
$10.02
P/E
8.41x
P/B
-24.51x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$20.74M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.02
Operating Cash Flow
-$1M
Beta
0.04
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

Zen Score

Industry Average (11)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how IGAC scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

IGAC ($10.01) is undervalued by 0% relative to our estimate of its Fair Value price of $10.01 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
IGAC ($10.01) is not significantly undervalued (0%) relative to our estimate of its Fair Value price of $10.01 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
IGAC is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
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Valuation

IGAC fair value

Fair Value of IGAC stock based on Discounted Cash Flow (DCF)
Price
$10.01
Fair Value
$10.01
Overvalued by
0.05%
IGAC ($10.01) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
IGAC ($10.01) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation

IGAC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.41x
Industry
-5.4x
Market
29.05x
IGAC is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
IGAC is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

IGAC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-24.51x
Industry
-33x

IGAC's financial health

Profit margin

Revenue
$0.0
Net Income
$4.6M
Profit Margin
0%
IGAC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$300.4M
Liabilities
$15.7M
Debt to equity
-1.02
IGAC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IGAC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$94.8k
Investing
$0.0
Financing
$70.0k
IGAC's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

IGAC vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
IGAC$375.19M+0.05%8.41x-24.51x
HTPA$373.91M+0.01%38.35x-21.14x
GPAC$373.50M0.00%31.13x-23.93x
COVA$373.13M+0.05%26.89x-22.70x
AHRN$377.62M0.00%N/A-28.31x

Ig Acquisition Stock FAQ

What is Ig Acquisition's quote symbol?

NASDAQ: IGAC) Ig Acquisition trades on the NASDAQ under the ticker symbol IGAC. Ig Acquisition stock quotes can also be displayed as NASDAQ: IGAC.

If you're new to stock investing, here's how to buy Ig Acquisition stock.

What is the 52 week high and low for Ig Acquisition (NASDAQ: IGAC)?

(NASDAQ: IGAC) Ig Acquisition's 52-week high was $10.02, and its 52-week low was $9.77. It is currently -0.15% from its 52-week high and 2.41% from its 52-week low.

How much is Ig Acquisition stock worth today?

(NASDAQ: IGAC) Ig Acquisition currently has 37,500,000 outstanding shares. With Ig Acquisition stock trading at $10.01 per share, the total value of Ig Acquisition stock (market capitalization) is $375.19M.

Ig Acquisition stock was originally listed at a price of $10.00 in Oct 1, 2020. If you had invested in Ig Acquisition stock at $10.00, your return over the last 2 years would have been 0.05%, for an annualized return of 0.02% (not including any dividends or dividend reinvestments).

How much is Ig Acquisition's stock price per share?

(NASDAQ: IGAC) Ig Acquisition stock price per share is $10.01 today (as of Oct 4, 2022).

What is Ig Acquisition's Market Cap?

(NASDAQ: IGAC) Ig Acquisition's market cap is $375.19M, as of Oct 5, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ig Acquisition's market cap is calculated by multiplying IGAC's current stock price of $10.01 by IGAC's total outstanding shares of 37,500,000.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.