NMP Acquisition Corp. Class A Ordinary Shares (NMP)

FairStock Score: 36/100 — MIXED

Key Financials

AI Analysis

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

I approach NMP Acquisition Corp. as a shell, not an operating business. The company says it has no significant operations and intends to merge with one or more businesses. That means there is no economic moat to assess today; the only asset is the capital pool and the option value of a future deal. The filed figures show net income of $971,953 in fiscal Q3 2025, $940,179 in fiscal Q4 2025, $1.8 million for FY2025, $593,067 in fiscal Q1 2026, and $768,616 in fiscal Q2 2026. But revenue is n/a throughout, and trailing free cash flow is negative $1.1 million, so these profits do not look like cash generated by an operating business. At the 2026-10-13 close of $10.39, FairStock calculates a P/E of 47.23, P/B of 2,597.50, Graham Number of $6.07, and margin of safety of negative 71.17%. The Piotroski F-Score is 2/9, the FairStock Score is 36/100, and no Lynch category can be assigned because there is only one year of filed results. Debt is low at a D/E of 0.07, and the Altman Z-Score of 224.17 suggests no near-term solvency pressure under that formula. Still, Graham would demand a margin of safety, and this price sits near the top of its 52-week range of $9.95 to $10.43 while the calculated Graham value is far lower. Until a real merger appears, I can only judge the shell, not the business.

In plain English: NMP Acquisition Corp. is a shell company with no real business operations; it is looking to buy or merge with another company. It has reported some net income in recent quarters, but it has no revenue and its cash flow is negative, so the operating business is unproven. At $10.39, the shares look expensive compared with the limited financial history and calculated value.

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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 Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · 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