Critical Contrast: Spree Acquisition Corp. 1 (NYSE:SHAP) vs. MediaAlpha (NYSE:MAX)

Spree Acquisition Corp. 1 (NYSE:SHAP) and MediaAlpha (NYSE:MAX) are both small-cap business services companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, earnings and analyst recommendations.

Profitability

This table compares Spree Acquisition Corp. 1 and MediaAlpha’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Spree Acquisition Corp. 1	N/A	-22.17%	6.72%
MediaAlpha	1.41%	-11.98%	5.19%

Valuation & Earnings

This table compares Spree Acquisition Corp. 1 and MediaAlpha”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spree Acquisition Corp. 1	N/A	N/A	$4.35 million	N/A	N/A
MediaAlpha	$864.70 million	0.70	-$40.42 million	$0.30	30.01

Spree Acquisition Corp. 1 has higher earnings, but lower revenue than MediaAlpha.

Institutional and Insider Ownership

9.9% of Spree Acquisition Corp. 1 shares are owned by institutional investors. Comparatively, 64.4% of MediaAlpha shares are owned by institutional investors. 58.4% of Spree Acquisition Corp. 1 shares are owned by insiders. Comparatively, 11.5% of MediaAlpha shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Volatility & Risk

Spree Acquisition Corp. 1 has a beta of -0.02, suggesting that its share price is 102% less volatile than the S&P 500. Comparatively, MediaAlpha has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Spree Acquisition Corp. 1 and MediaAlpha, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Spree Acquisition Corp. 1	0	0	0	0	0.00
MediaAlpha	0	1	5	0	2.83

MediaAlpha has a consensus price target of $17.50, indicating a potential upside of 94.38%. Given MediaAlpha’s stronger consensus rating and higher probable upside, analysts plainly believe MediaAlpha is more favorable than Spree Acquisition Corp. 1.

Summary

MediaAlpha beats Spree Acquisition Corp. 1 on 8 of the 11 factors compared between the two stocks.

About Spree Acquisition Corp. 1

Spree Acquisition Corp. 1 Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the mobility-related technology businesses. The company was incorporated in 2021 and is based in Atlanta, Georgia.

About MediaAlpha

MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.