Centurion Acquisition Corp. Class A Ordinary Shares (ALF)

FairStock Score: 12/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a Graham-style analyst: Centurion Acquisition Corp. is not an operating business. It is a shell incorporated in 2024 with no significant operations; its purpose is to merge with or acquire another company. There is no revenue in the filed figures, so there is no product, customer, pricing power, or competitive moat to evaluate. Reported net income comes from non-operating sources: FY2024, the period ended 2024-12-31, was $7.8M, and FY2025, the period ended 2025-12-31, was $11.7M. More recently, fiscal Q1 2026, the quarter ended 2026-03-31, showed $2.5M, while fiscal Q2 2026, the quarter ended 2026-06-30, fell to $956,047, versus $3.0M in fiscal Q2 2025, the quarter ended 2025-06-30. FairStock’s profit growth metric is -68.61%, consistent with that recent drop. At the 2026-10-13 close of $10.92, FairStock calculates a P/E of 42.00 and a Graham Number of $2.55, implying a margin of safety of -328.24%. That is not cheap by Graham’s arithmetic. Financial health is mixed: TTM free cash flow is -$421,315 and FCF yield is -0.1%, ROCE is -0.28%, and Piotroski F-Score is 1/9. The Altman Z-Score of 16.08 suggests low bankruptcy risk under that model, but for a shell that is not proof of earning power. The Lynch category is none, because only two years of filed results exist. In short, there is no durable business, no moat, weak quality scores, and a price near the top of its 52-week $10.58-$10.99 range. The investment case depends almost entirely on a future transaction.

In plain English: Centurion Acquisition Corp. is a shell company with no real operations; it exists to merge with or buy another business. Its filed numbers show no revenue, and the profits come from non-operating items rather than a normal business. At $10.92, the price sits near the top of its 52-week range and looks expensive compared with the small earnings and asset-related measures shown.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer