KNOREX LTD. Class A Ordinary Shares (KNRX)

FairStock Score: 20/100 — RISKY

Key Financials

AI Analysis

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

At the close on 2026-10-13, Knorex traded at $0.18, giving a market capitalization of just $38.5 million. The company sells cloud-based programmatic advertising software to businesses, with 101 employees and operations in the US, Singapore, Vietnam, India and Malaysia. That is a real niche, but I see no evidence of a durable moat in the supplied figures. The FairStock-calculated P/E is negative 0.43, so there are no positive earnings to value. The FairStock-calculated ROCE is -94.80%, indicating capital is being consumed rather than productively employed. The Piotroski F-Score is only 3/9 and the Altman Z-Score is -12.12, which points to weak fundamentals and high financial distress risk. P/B, ROE and D/E are not available, and revenue growth and profit growth are not provided. The Lynch category is none because only zero years of filed annual results are available; I need at least three to categorize it. The stock has fallen from a 52-week high of $3.45 to $0.18, near the 52-week low of $0.17. A low price alone is not value. Graham would demand a margin of safety backed by earnings, assets, or stable finances, and those are absent here. The FairStock Score of 20/100 reinforces that this is a speculative situation. Unless the company begins filing annual results, shows positive returns on capital, and strengthens its balance sheet, the price is not cheap in any defensive sense. I would watch for real profits and a healthier financial position before calling this a business rather than a lottery ticket.

In plain English: Knorex Ltd. sells cloud-based software that helps businesses automate and manage online advertising. The business looks weak right now: it is not profitable, its financial health measures are poor, and it has only a short record of filed annual results. At 18 cents a share, the stock is near its 52-week low, but because there are no earnings or book-value figures to support it, the price does not look like a clear bargain.

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

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