Texas Ventures Acquisition III Corp Class A Ordinary Share (TVA)

FairStock Score: 20/100 — RISKY

Key Financials

AI Analysis

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

As a Buffett-and-Graham-style investor, I start with business quality. Texas Ventures Acquisition III is a shell company incorporated in 2024; it has no significant operations and no revenue in the filed figures. There is therefore no durable competitive moat to assess. The filed figures show swings rather than a growing enterprise: net income of $5.9M in FY2025 (period ended 2025-12-31), net income of $1.4M in fiscal Q2 2026 (quarter ended 2026-06-30), a net loss of $472,477 in fiscal Q1 2026 (quarter ended 2026-03-31), a net loss of $1.2M in fiscal Q3 2025 (quarter ended 2025-09-30), and net income of $2.9M in fiscal Q2 2025 (quarter ended 2025-06-30). With no revenue, these are not operating profits. Financial health is thin: trailing free cash flow is -$712,993, FCF yield is -0.2%, and ROCE is -0.39%. The FairStock Piotroski F-Score is 1/9 and the FairStock Score is 20/100. At the 2026-10-13 close of $10.60, market cap is $312.9M. FairStock calculations show a P/E of 66.25 on EPS of $0.16 and a Graham Number of $5.20. The margin of safety is -103.85%, meaning the price is far above that rough Graham measure. The 52-week range is $10.31-$11.69, so the shares are near the low end, but a low price alone is not a bargain without a proven business. The Lynch category is none because only one year of filed results exists. Until a merger target is disclosed, this remains a speculative shell.

In plain English: Texas Ventures Acquisition III is a shell company with no significant operations; it exists to merge with or buy another business. It reported no revenue, and its recent quarterly results have swung between profits and losses. At $10.60, the price looks expensive compared with its reported financial numbers, and the business itself is not yet a real operating company.

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