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Monocle Acquisition

Nasdaq:MNCL.U
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MNCL.U
Nasdaq
$53M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Monocle Acquisition Corporation does not significant operations. The last earnings update was 28 days ago. More info.


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MNCL.U Share Price and Events
7 Day Returns
-1.9%
NasdaqCM:MNCL.U
19.7%
US Capital Markets
12.5%
US Market
1 Year Returns
1.1%
NasdaqCM:MNCL.U
-13.2%
US Capital Markets
-12.7%
US Market
MNCL.U Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Monocle Acquisition (MNCL.U) -1.9% -5.6% -6% 1.1% - -
US Capital Markets 19.7% -16.9% -23.7% -13.2% 0.7% 20.3%
US Market 12.5% -14.7% -21.5% -12.7% 5.4% 17.5%
1 Year Return vs Industry and Market
  • MNCL.U outperformed the Capital Markets industry which returned -13.2% over the past year.
  • MNCL.U outperformed the Market in United States of America which returned -12.7% over the past year.

Value

 Is Monocle Acquisition undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Monocle Acquisition to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Monocle Acquisition.

NasdaqCM:MNCL.U Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $0.48 * 19.1%
$0.09
Book Value of Equity per Share Median Book Value from the past 5 years. $0.48
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:MNCL.U
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.751 (1 + (1- 21%) (0%))
0.833
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.833 * 5.44%)
6.27%

Discounted Cash Flow Calculation for NasdaqCM:MNCL.U using Excess Returns Model Model

The calculations below outline how an intrinsic value for Monocle Acquisition is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:MNCL.U Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (19.1% – 6.27%) * $0.48)
$0.06
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.06 / (6.27% - 1.74%)
$1.35
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $0.48 + $1.35
$1.83
NasdaqCM:MNCL.U Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NasdaqCM:MNCL.U represents 1.01898x of NasdaqCM:MNCL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.01898x
Value per Share
(Listing Adjusted, USD)
= Value per Share (USD) x Listing Adjustment Factor
= $ 1.83 x 1.01898
$1.86
Value per share (USD) From above. $1.86
Current discount Discount to share price of $10.20
= -1 x ($10.20 - $1.86) / $1.86
-447.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Monocle Acquisition is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Monocle Acquisition's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Monocle Acquisition's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:MNCL.U PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.28
NasdaqCM:MNCL Share Price ** NasdaqCM (2020-03-27) in USD $10.01
United States of America Capital Markets Industry PE Ratio Median Figure of 92 Publicly-Listed Capital Markets Companies 32.46x
United States of America Market PE Ratio Median Figure of 2,942 Publicly-Listed Companies 12.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Monocle Acquisition.

NasdaqCM:MNCL.U PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:MNCL Share Price ÷ EPS (both in USD)

= 10.01 ÷ -0.28

-35.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Monocle Acquisition is loss making, we can't compare its value to the US Capital Markets industry average.
  • Monocle Acquisition is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Monocle Acquisition's expected growth come at a high price?
Raw Data
NasdaqCM:MNCL.U PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -35.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 1.94x
United States of America Market PEG Ratio Median Figure of 2,006 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Monocle Acquisition, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Monocle Acquisition's assets?
Raw Data
NasdaqCM:MNCL.U PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.95
NasdaqCM:MNCL Share Price * NasdaqCM (2020-03-27) in USD $10.01
United States of America Capital Markets Industry PB Ratio Median Figure of 173 Publicly-Listed Capital Markets Companies 7.15x
United States of America Market PB Ratio Median Figure of 5,143 Publicly-Listed Companies 1.26x
NasdaqCM:MNCL.U PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:MNCL Share Price ÷ Book Value per Share (both in USD)

= 10.01 ÷ 0.95

10.58x

* Primary Listing of Monocle Acquisition.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Monocle Acquisition is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Monocle Acquisition's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Monocle Acquisition has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Monocle Acquisition expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Monocle Acquisition has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Monocle Acquisition expected to grow at an attractive rate?
  • Unable to compare Monocle Acquisition's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Monocle Acquisition's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Monocle Acquisition's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:MNCL.U Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:MNCL.U Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:MNCL.U Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 -2 -1
2018-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Monocle Acquisition is high growth as no earnings estimate data is available.
  • Unable to determine if Monocle Acquisition is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:MNCL.U Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Monocle Acquisition Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MNCL.U Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.28
2018-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Monocle Acquisition will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Monocle Acquisition's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  2. Monocle Acquisition's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Monocle Acquisition's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Monocle Acquisition has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Monocle Acquisition performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Monocle Acquisition's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Monocle Acquisition does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Monocle Acquisition's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Monocle Acquisition's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Monocle Acquisition's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Monocle Acquisition Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MNCL.U Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -1.39 1.57
2018-12-31 0.00 0.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Monocle Acquisition has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if Monocle Acquisition has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Monocle Acquisition improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Monocle Acquisition's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Monocle Acquisition has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Monocle Acquisition's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Monocle Acquisition's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Monocle Acquisition is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Monocle Acquisition's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Monocle Acquisition's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Monocle Acquisition has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Monocle Acquisition Company Filings, last reported 2 months ago.

NasdaqCM:MNCL.U Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 5.00 0.00 0.32
2018-12-31 0.02 0.15 0.04
  • Monocle Acquisition has no debt.
  • Monocle Acquisition currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Monocle Acquisition has less than a year of cash runway based on current free cash flow.
  • Monocle Acquisition has less than a year of cash runway if free cash flow continues to grow at historical rates of 200.1% each year.
X
Financial health checks
We assess Monocle Acquisition's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Monocle Acquisition has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Monocle Acquisition's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Monocle Acquisition dividends.
If you bought $2,000 of Monocle Acquisition shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Monocle Acquisition's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Monocle Acquisition's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:MNCL.U Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1946 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Monocle Acquisition has not reported any payouts.
  • Unable to verify if Monocle Acquisition's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Monocle Acquisition's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Monocle Acquisition has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Monocle Acquisition's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Monocle Acquisition afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Monocle Acquisition has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Monocle Acquisition's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eric Zahler
AGE 68
TENURE AS CEO 1.6 years
CEO Bio

Mr. Eric J. Zahler has been the President, Chief Executive Officer and Director of Monocle Acquisition Corporation since August 20, 2018. He serves as the Chairman of The Board of Route Dynamics Corp. Mr. Zahler serves was the Managing Director at Sagamore Capital Group LLC. He serves as an Executive Vice President of Loral CyberStar, Inc. He served as the Vice President and General Counsel of Lockheed Martin Tactical Systems, Inc. since April 1992. He served as the President and Chief Operating Officer of Loral Space & Communications Inc. from February 2000 to November 2007 and also served as its Executive Vice President since October 1999, Senior Vice President since February 1998, Vice President, General Counsel and Secretary since 1996. He was responsible for overseeing Loral Space & Communications Ltd.'s two businesses: Loral Skynet and Space Systems/Loral. From 1992 to 2000, he held varying senior level management positions at Loral and its predecessor companies. He led a reengineering of Lockheed Martin Tactical Systems, Inc.'s operations, productivity, market share and revenue growth. As a Senior Member of the Management of Lockheed Martin Tactical Systems, Inc. since 1992. He served as an Executive Vice President of Loral Skynet Corporation (Also known as Orion Network Systems, Inc. and Loral Orion Inc.) since February 2000 and also served as its Senior Vice President since April 1999, Vice President and Secretary since March 1998. From 1975 to 1992, he was an Attorney at Fried, Frank, Harris, Shriver & Jacobson, where he was elected Partner in 1983. He represented defense and aerospace contractors in all aspects of their interactions with the United States government. He serves as the Chairman of the Board of SSC Space U.S. Inc. He served as a Member of General Partners Committee of Globalstar, Inc. since 2000 and served as the Vice Chairman until March 8, 2001. He served as Vice Chairman and Director at Globalstar Telecommunications Ltd. He serves as a Director of SSL MDA Holdings, Inc. and Loral CyberStar, Inc. He has been a Director of MDA Corporation since 2014. He has been a Non-Executive Director of exactEarth Ltd. since February 4, 2016 and has been its Chairman since 2016. He has been a Director of Loral Skynet Corporation since March 1998. He also served as a Director of Satélites Mexicanos S.A de C.V. from November 1997 to March 2006. He has been an Independent Director of MacDonald, Dettwiler and Associates Ltd. (now Maxar Technologies Ltd.) since May 1, 2014. He served as an Independent Director of Easylink Services Corporation since February 8, 2005. He served as Director of Satelites Mexicanos S.A. de C.V. from November 1997 to March 2006 and Actel Corporation since March 18, 2009. He served as a Director of Loral Space & Communications Inc. since 2001. He served on Lockheed Martin Tactical Systems, Inc.'s Board of Directors. Mr. Zahler graduated, cum laude, with Law Degree/JD from Harvard Law School in 1975, where he was an Editor of the Harvard Journal on Legislation. He holds a B.S. degree, cum laude, in Mathematics from Yale University in 1972.

CEO Compensation
  • Insufficient data for Eric to compare compensation growth.
  • Insufficient data for Eric to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Eric Zahler

TITLE
President
AGE
68
TENURE
1.6 yrs

Richard Townsend

TITLE
Executive VP & CFO
AGE
68
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure and age of the Monocle Acquisition board of directors in years:

1
Average Tenure
67
Average Age
  • The average tenure for the Monocle Acquisition board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sai Devabhaktuni

TITLE
Chairman of the Board
AGE
47
TENURE
1 yrs

Eric Zahler

TITLE
President
AGE
68
TENURE
1.6 yrs

Claude Kehler

TITLE
Independent Director
AGE
67
TENURE
1 yrs

John Pescatore

TITLE
Independent Director
AGE
55
TENURE
1 yrs

Donald Manvel

TITLE
Independent Director
AGE
68
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Monocle Acquisition's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Monocle Acquisition has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Monocle Acquisition Corporation does not significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the aerospace and defense, industrial, and technology and telecommunication sectors. The company was founded in 2018 and is based in New York, New York.

Details
Name: Monocle Acquisition Corporation
MNCL.U
Exchange: NasdaqCM
Founded: 2018
$52,903,390
5,285,054
Website: http://
Address: Monocle Acquisition Corporation
750 Lexington Avenue,
Suite 1501,
New York,
New York, 10022,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM MNCL Common Stock Nasdaq Capital Market US USD 28. Feb 2019
NasdaqCM MNCL.U Units Nasdaq Capital Market US USD 07. Feb 2019
Number of employees
Current staff
Staff numbers
0
Monocle Acquisition employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 04:36
End of day share price update: 2020/03/27 00:00
Last earnings filing: 2020/03/02
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.