MACI

Melar Acquisition Corp. I

There isn't enough reported data to score MACI yet.

MS

Morgan Stanley

62
Fundamentals71/ 100
Valuation48/ 100
Upside potential73/ 100
Risk potential11/ 100

MS's fundamentals are strong: revenue grew 16% and earnings per share grew 29%. At 15x earnings, it's trading in line with its usual 14x. Analysts expect earnings growth.

MACI Fundamentals

MetricStatus
Unavailable
Stable
N/A
N/A

MACI's profitability is currently stable. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like MACI.

MS Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.

MACI PE Valuation

CHEAPFAIREXPENSIVE14x29x43x58x
CHEAPFAIREXPENSIVE14x29x43x58x
LevelPEPriceVs current
Cheap34x$6.83-24%
Fair37x$7.36-18%
Current45x$9.00—
Expensive47x$9.39+4.3%

Historical ranges are pointers, not guarantees.

MACI has the edge over MS in the historical PE scenario, which offers more potential upside but is not a forecast.

MS PE Valuation

CHEAPFAIREXPENSIVE5.5x11x17x22x
CHEAPFAIREXPENSIVE5.5x11x17x22x
LevelPEPriceVs current
Cheap11x$134-29%
Fair14x$178-5.7%
Forward14x$189—
Current15x$189—
Expensive18x$223+18%

Historical ranges are pointers, not guarantees.

MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.

MACI Forward outlook

There aren't enough analyst estimates for MACI to show an outlook.

MS Forward outlook

MetricOutlook
Improving
Growth
Growth
Improving
Limited
Moderate

Analysts expect earnings and revenue growth for MS, with profitability improving.

MACI Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $9.00 on Nov 12.

There is not enough scenario data to compare MACI and MS's risk to reward.

MS Risk to reward

ScenarioChangePrice
Upside+29%$243.85
Downside-11%$168.44

Calculated from the latest close: $189.17 on Nov 12.

There is not enough scenario data to compare MACI and MS's risk to reward.

MACI Earnings Per Share

Q4 2024: $0.23Q1 2025: $0.30Q2 2025: $0.37Q3 2025: $0.31Q4 2025: $0.27Q1 2026: $0.23Q2 2026: $0.20
Q4 2024: $0.23Q1 2025: $0.30Q2 2025: $0.37Q3 2025: $0.31Q4 2025: $0.27Q1 2026: $0.23Q2 2026: $0.20
QuarterTTM EPSYoY
Q2 2026$0.20-46%
Q1 2026$0.23-23%
Q4 2025$0.27+17%

MACI's earnings per share have fallen from their peak: $0.20 over the past year, against $0.37 in mid-2025.

MS Earnings Per Share

Q4 2023: $5.18Q1 2024: $5.50Q2 2024: $6.08Q3 2024: $6.58Q4 2024: $7.95Q1 2025: $8.53Q2 2025: $8.84Q3 2025: $9.76Q4 2025: $10.21Q1 2026: $11.04Q2 2026: $12.37Q3 2026: $12.60Forward: $13.39
Q4 2023: $5.18Q1 2024: $5.50Q2 2024: $6.08Q3 2024: $6.58Q4 2024: $7.95Q1 2025: $8.53Q2 2025: $8.84Q3 2025: $9.76Q4 2025: $10.21Q1 2026: $11.04Q2 2026: $12.37Q3 2026: $12.60Forward: $13.39
QuarterTTM EPSYoY
Forward$13.39+6.3%
Q3 2026$12.60+29%
Q2 2026$12.37+40%
Q1 2026$11.04+29%
Q4 2025$10.21+28%
Q3 2025$9.76+48%
Q2 2025$8.84+45%
Q1 2025$8.53+55%
Q4 2024$7.95+53%

MS has the edge over MACI in the latest year-over-year earnings comparison.

MACI Quarterly Revenue

Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0
Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0

MACI's revenue is shrinking: $0 last quarter.

MS Quarterly Revenue

Q4 2023: $12.9BQ1 2024: $15.1BQ2 2024: $15BQ3 2024: $15.4BQ4 2024: $16.2BQ1 2025: $17.7BQ2 2025: $16.8BQ3 2025: $18.2BQ4 2025: $17.9BQ1 2026: $20.6BQ2 2026: $21.3BQ3 2026: $20.3B
Q4 2023: $12.9BQ1 2024: $15.1BQ2 2024: $15BQ3 2024: $15.4BQ4 2024: $16.2BQ1 2025: $17.7BQ2 2025: $16.8BQ3 2025: $18.2BQ4 2025: $17.9BQ1 2026: $20.6BQ2 2026: $21.3BQ3 2026: $20.3B
QuarterRevenueYoY
Q3 2026$20.3B+12%
Q2 2026$21.3B+27%
Q1 2026$20.6B+16%
Q4 2025$17.9B+10%
Q3 2025$18.2B+18%
Q2 2025$16.8B+12%
Q1 2025$17.7B+17%
Q4 2024$16.2B+26%

MS has the edge over MACI on sales, with more consistent year-over-year improvement.

MACI Free Cash Flow

Q1 2024: $0Q2 2024: −$388,809Q3 2024: −$103,028Q4 2024: −$55,844Q1 2025: −$185,142Q2 2025: −$137,310Q3 2025: −$215,136Q4 2025: −$236,673Q1 2026: −$92,870Q2 2026: −$232,137
Q1 2024: $0Q2 2024: −$388,809Q3 2024: −$103,028Q4 2024: −$55,844Q1 2025: −$185,142Q2 2025: −$137,310Q3 2025: −$215,136Q4 2025: −$236,673Q1 2026: −$92,870Q2 2026: −$232,137
QuarterFree cash flowYoY
Q2 2026-$232.1K-$94.8K
Q1 2026-$92.9K+$92.3K
Q4 2025-$236.7K-$180.8K
Q3 2025-$215.1K-$112.1K
Q2 2025-$137.3K+$251.5K
Q1 2025-$185.1K-$185.1K

MACI's free cash flow was −$776,816 over the past year, against −$481,324 the year before. Free cash flow isn't a meaningful measure for financial services companies like MACI.

MS Free Cash Flow

Q4 2023: −$17.8BQ1 2024: $4.4BQ2 2024: $2.5BQ3 2024: −$17.3BQ4 2024: $11.8BQ1 2025: −$24BQ2 2025: $11.8BQ3 2025: −$3.3BQ4 2025: −$2.4BQ1 2026: −$7.1BQ2 2026: −$2.7BQ3 2026: −$46B
Q4 2023: −$17.8BQ1 2024: $4.4BQ2 2024: $2.5BQ3 2024: −$17.3BQ4 2024: $11.8BQ1 2025: −$24BQ2 2025: $11.8BQ3 2025: −$3.3BQ4 2025: −$2.4BQ1 2026: −$7.1BQ2 2026: −$2.7BQ3 2026: −$46B
QuarterFree cash flowYoY
Q3 2026-$46B-$42.7B
Q2 2026-$2.7B-123%
Q1 2026-$7.1B+$16.9B
Q4 2025-$2.4B-120%
Q3 2025-$3.3B+$14B
Q2 2025$11.8B+368%
Q1 2025-$24B-650%
Q4 2024$11.8B+$29.6B

MS has the edge over MACI on cash flow, with more consistent year-over-year improvement.

MACI Total Shares

Q1 2024: 20MQ2 2024: 13MQ3 2024: 16MQ4 2024: 16MQ1 2025: 22MQ2 2025: 22MQ3 2025: 16MQ4 2025: 16MQ1 2026: 16MQ2 2026: 14M
Q1 2024: 20MQ2 2024: 13MQ3 2024: 16MQ4 2024: 16MQ1 2025: 22MQ2 2025: 22MQ3 2025: 16MQ4 2025: 16MQ1 2026: 16MQ2 2026: 14M
PeriodChange %Net change
Quarterly-12%-2M shares
1 year-35%-7.6M shares

MACI has the edge over MS on shareholder dilution, with a more favorable share count trend.

MS Total Shares

Q4 2023: 1.6BQ1 2024: 1.6BQ2 2024: 1.6BQ3 2024: 1.6BQ4 2024: 1.6BQ1 2025: 1.6BQ2 2025: 1.6BQ3 2025: 1.6BQ4 2025: 1.6BQ1 2026: 1.6BQ2 2026: 1.6BQ3 2026: 1.6B
Q4 2023: 1.6BQ1 2024: 1.6BQ2 2024: 1.6BQ3 2024: 1.6BQ4 2024: 1.6BQ1 2025: 1.6BQ2 2025: 1.6BQ3 2025: 1.6BQ4 2025: 1.6BQ1 2026: 1.6BQ2 2026: 1.6BQ3 2026: 1.6B
PeriodChange %Net change
Quarterly-0.2%-3M shares
1 year-1.5%-24M shares
3 years-4.7%-77M shares
5 years-14%-246M shares
Available history-4.5%-74M shares

MS has 1.6B diluted shares, down 1.5% from a year ago.

MACI Net Leverage

Q4 2024: -0.2xQ1 2025: -0.2xQ2 2025: -0.1xQ3 2025: 0.7xQ4 2025: 0.9xQ1 2026: 1.0xQ2 2026: 2.8x
Q4 2024: -0.2xQ1 2025: -0.2xQ2 2025: -0.1xQ3 2025: 0.7xQ4 2025: 0.9xQ1 2026: 1.0xQ2 2026: 2.8x
QuarterNet LeverageStatus
Q2 20262.8xModerate
Q1 20261.0xHealthy
Q4 20250.9xVery low
Q3 20250.7xVery low
Q2 2025-0.1xNet Cash
Q1 2025-0.2xNet Cash
Q4 2024-0.2xNet Cash

MACI has the edge over MS on leverage, with a lower net debt burden relative to earnings.

MS Net Leverage

Q4 2023: 10.7xQ1 2024: 9.8xQ2 2024: 9.8xQ3 2024: 10.2xQ4 2024: 7.9xQ1 2025: 8.7xQ2 2025: 8.7xQ3 2025: 8.4xQ4 2025: 8.6xQ1 2026: 8.2xQ2 2026: 7.3xQ3 2026: 7.8x
Q4 2023: 10.7xQ1 2024: 9.8xQ2 2024: 9.8xQ3 2024: 10.2xQ4 2024: 7.9xQ1 2025: 8.7xQ2 2025: 8.7xQ3 2025: 8.4xQ4 2025: 8.6xQ1 2026: 8.2xQ2 2026: 7.3xQ3 2026: 7.8x
QuarterNet LeverageStatus
Q3 20267.8xHigh
Q2 20267.3xHigh
Q1 20268.2xHigh
Q4 20258.6xHigh
Q3 20258.4xHigh
Q2 20258.7xHigh
Q1 20258.7xHigh
Q4 20247.9xHigh

MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.

MACI Weekly Momentum

MetricValueStatus
RSI34.0Neutral
Stochastic16.5Oversold

MACI's weekly RSI is 34 (neutral) and its Stochastic is 16 (oversold).

MS Weekly Momentum

MetricValueStatus
RSI45.0Neutral
Stochastic18.7Oversold

MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).

MACI PE vs Financial Services Sector

MetricMACISector medianRelative
PE45x13x246% above
PE %692247 pts above

MACI is trading at 45x earnings, a 246% premium to the Financial Services sector's median of 13x, though its earnings don't support one.

MS PE vs Financial Services Sector

MetricMSSector medianRelative
PE15x13x15% above
PE %59634 pts below

MS has the edge over MACI on valuation relative to its sector.

MACI Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$9.959.5% below
20 week MA$10.515% below
50 week MA$10.716% below
100 week MA$10.514% below

MS has stronger trend alignment. MACI is above 0 of 4 weekly averages versus MS above 3 of 5.

MS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$186.51.5% above
20 week MA$203.36.9% below
50 week MA$191.91.4% below
100 week MA$164.915% above
200 week MA$129.346% above

MS's trend is mixed: it's above three of its five weekly moving averages, and 46% above its 200-week average.

MACI Yearly ROI

YearStart priceEnd priceROI
2024$9.95$10.1+1.1%
2025$10.1$10.6+5.5%
2026 YTD$10.6$9.00-15%

MACI has finished every year since 2024 higher, and it's down 15% so far in 2026.

MS Yearly ROI

YearStart priceEnd priceROI
2020$51.1$68.1+33%
2021$68.1$99.3+46%
2022$99.3$86.1-13%
2023$86.1$93.3+8.3%
2024$93.3$126.8+36%
2025$126.8$181.9+43%
2026 YTD$181.9$189.2+4%

MS has the edge over MACI on returns for 2026, with the stronger performance.

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