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NASDAQ: IGTA
Inception Growth Acquisition Ltd Stock

$10.86-0.02 (-0.18%)
Updated Mar 28, 2024
IGTA Price
$10.86
Fair Value Price
N/A
Market Cap
$60.69M
52 Week Low
$10.17
52 Week High
$10.91
P/E
-43.44x
P/B
-14.33x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$640.09k
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.01
Operating Cash Flow
-$998k
Beta
0.01
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

IGTA Overview

Inception Growth Acquisition Limited is a "blank check" company formed to effect mergers, stock purchases, or similar combinations with one or more businesses. It targets businesses in the technology, media and telecom, sports and entertainment, and non-gambling game industries. Inception Growth Acquisition was incorporated in 2021 and is headquartered in New York, NY.

Zen Score

–
Industry Average (7)
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Due Diligence Checks

IGTA is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
IGTA is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
IGTA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
There are 30 more IGTA due diligence checks available for Premium users.

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IGTA News

Valuation

IGTA fair value

Fair Value of IGTA stock based on Discounted Cash Flow (DCF)
Price
$10.86
Fair Value
$10.73
Overvalued by
1.18%
IGTA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

IGTA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-43.44x
Industry
43.11x
Market
44.51x

IGTA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-14.33x
Industry
-14.49x

IGTA's financial health

Profit margin

Revenue
$0.0
Net Income
-$129.3k
Profit Margin
0%
IGTA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$32.1M
Liabilities
$4.3M
Debt to equity
-1.01
IGTA's short-term liabilities ($2.05M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IGTA's long-term liabilities ($2.25M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IGTA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IGTA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$183.2k
Investing
$16.0M
Financing
-$16.0M
IGTA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

IGTA vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
IGTA$60.69M-0.18%-43.44x-14.33x
BNIX$59.77M-1.97%-547.00x-18.80x
MBTC$59.44M-1.38%-40.89x-5.41x
NBST$63.55M0.00%-271.25x-12.05x
DECA$57.74M+12.15%-16.51x-7.28x

Inception Growth Acquisition Stock FAQ

What is Inception Growth Acquisition's quote symbol?

(NASDAQ: IGTA) Inception Growth Acquisition trades on the NASDAQ under the ticker symbol IGTA. Inception Growth Acquisition stock quotes can also be displayed as NASDAQ: IGTA.

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

What is the 52 week high and low for Inception Growth Acquisition (NASDAQ: IGTA)?

(NASDAQ: IGTA) Inception Growth Acquisition's 52-week high was $10.91, and its 52-week low was $10.17. It is currently -0.46% from its 52-week high and 6.78% from its 52-week low.

How much is Inception Growth Acquisition stock worth today?

(NASDAQ: IGTA) Inception Growth Acquisition currently has 5,588,391 outstanding shares. With Inception Growth Acquisition stock trading at $10.86 per share, the total value of Inception Growth Acquisition stock (market capitalization) is $60.69M.

Inception Growth Acquisition stock was originally listed at a price of $10.03 in Dec 9, 2021. If you had invested in Inception Growth Acquisition stock at $10.03, your return over the last 2 years would have been 8.28%, for an annualized return of 4.06% (not including any dividends or dividend reinvestments).

How much is Inception Growth Acquisition's stock price per share?

(NASDAQ: IGTA) Inception Growth Acquisition stock price per share is $10.86 today (as of Mar 28, 2024).

What is Inception Growth Acquisition's Market Cap?

(NASDAQ: IGTA) Inception Growth Acquisition's market cap is $60.69M, as of Mar 29, 2024.

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

Inception Growth Acquisition's market cap is calculated by multiplying IGTA's current stock price of $10.86 by IGTA's total outstanding shares of 5,588,391.
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