Starry Sea Acquisition Corp Ordinary Shares (SSEA)

FairStock Score: 25/100 — RISKY

Key Financials

AI Analysis

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

I approach any blank-check company with Graham's caution because it is not an operating business but a pool of capital looking for a deal. Starry Sea has no significant operations and no revenue; its purpose is to merge with or acquire another company. At the close on 2026-10-13, the shares were $10.34, giving a $79.0M market cap. FairStock calculations from the data show a P/E of -14.56 and a P/B of 19.51, which is very high because book value is small. The same data show ROCE of -1.15%, TTM free cash flow of -$232,944, and an FCF yield of -0.3%. Debt is low, with D/E of 0.09, but the Piotroski F-Score is only 1/9 and the FairStock score is 25/100. The Altman Z-Score is 198.73, though that is likely distorted for a shell with no operating history. Filed results show fiscal year 2025, the year ended 2025-12-31, net income of $320,643 and diluted EPS of -$0.78; fiscal Q1 2026, the quarter ended 2026-03-31, net income of $325,230 and diluted EPS of -$0.02; and fiscal Q2 2026, the quarter ended 2026-06-30, net income of $109,502. Fiscal Q3 2025, the quarter ended 2025-09-30, net income was $70,389, while fiscal Q2 2025, the quarter ended 2025-06-30, had a net loss of $21,600. Profit growth of 606.95% is not meaningful from such a tiny base. There is no competitive moat because there is no business yet. The price sits near the top of its 52-week range of $9.96 to $10.99. The Lynch category is none because only one year of filed results is available and three are needed. I see no margin of safety in paying P/B 19.51 for negative EPS and negative FCF; value depends entirely on a future deal.

In plain English: Starry Sea Acquisition Corp is a shell company with no real operations; it exists to merge with or buy another business. It has shown small net income in some recent periods, but its per-share earnings are negative and it uses more cash than it brings in. At $10.34, the stock looks expensive compared with the very limited financial history available.

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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)

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