Calisa Acquisition Corp Ordinary shares (ALIS)

FairStock Score: 41/100 — MIXED

Key Financials

AI Analysis

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

I look at Calisa Acquisition as a classic shell, not an operating business. It has no revenue in any filed period, and its purpose is to merge with or acquire another company. In fiscal Q2 2026, the quarter ended 2026-06-30, it reported net income of $372,357 and diluted EPS of $0.04. But in fiscal Q1 2026, ended 2026-03-31, it lost $53,287; in fiscal Q3 2025, ended 2025-09-30, it lost $61,783; in fiscal Q2 2025, ended 2025-06-30, it lost $22,703; and for FY2025, ended 2025-12-31, it earned $245,454. Those numbers are small and inconsistent, not the product of a durable franchise. There is no moat to speak of because there is no product, customer base, or pricing power. Financial health shows trailing free cash flow of -$513,416 and an FCF yield of -0.8%, both FairStock calculations. At the close on 2026-10-13, the price was $7.90, giving a market cap of $66.6M. FairStock's calculations show P/E 112.86, P/B 395, ROE 389.68%, ROCE -1.86%, Graham Number $3.40, margin of safety -132.35%, Piotroski 2/9, and Altman Z 404.36. The huge ROE and P/B come from a tiny equity base, not quality. The Graham Number suggests the price is far above a conservative asset-and-earnings estimate. Growth is not meaningful without revenue, and the Lynch category is none because only one year of filed results exists. I would call this a speculative option on management finding a good deal, not a value investment.

In plain English: Calisa Acquisition Corp is a shell company with no real operations; it exists to combine with another business. Its reported profits are tiny and switch between gains and losses, and it is using a little more cash than it brings in. At the October 13, 2026 close of $7.90, the price looks expensive compared with its accounting earnings and book value, so it mainly reflects hope for a future deal.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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)

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