FS

Flag Ship Acquisition Corporation

FSHP·NASDAQ

$11.04

+0.27%
Financial ServicesShell Companies

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York. Flag Ship Acquisition Corporation was formerly a subsidiary of Whale Management Corporation.

At a Glance

Live Snapshot
Market Cap$97.85M
EPS0.3300
P/E Ratio33.45
Earnings Date

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 33.5).

Valuation inputs: P/E 33.5, earnings yield +3.0%, momentum +0.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -57.8%, ROIC 0.0%).

Profitability stack: net margin 0.0%, ROE -57.8%, ROIC 0.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +9.6%, momentum +0.3%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Flag Ship Acquisition Corporation Market vs Earnings Trajectory

FSHP · NASDAQ

Loading price and EPS data...

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Flag Ship Acquisition Corporation Fair Value Envelope

FSHP · NASDAQ

Our analysis suggests that FSHP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.04, this represents a potential HIDDEN relative to our calculated worth for Flag Ship Acquisition Corporation.

Intrinsic Value
Current Price: $11.04
3Y-752.0%
5Y-41350.0%
10Y-41350.0%

No Revenue Data

FSHP has not reported any revenue values in the available annual periods.

3Y-1806.0%
5Y-28956.0%
10Y-28956.0%
3Y+397.0%
5Y+7459.0%
10Y+13991.0%
3Y+397.0%
5Y+7459.0%
10Y+13991.0%
3Y+15164.0%
5Y+1225108.0%
10Y-
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Flag Ship Acquisition Corporation Profit Bridge

FSHP · NASDAQ
Revenue0.00
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (659.06K)
Operating Income0.00
Interest Expense (0.00)
Other Income/Expense0.00
Pretax Income1.83M
Income Tax (0.00)
Net Income1.83M
Net Income
1.83M

Profitability Analysis

No Gross Profit Margin Data

FSHP has not reported any gross profit margin values in the available annual periods.

No Operating Profit Margin Data

FSHP has not reported any operating profit margin values in the available annual periods.

No Net Profit Margin Data

FSHP has not reported any net profit margin values in the available annual periods.

-57.81%
Return on Equity
-4454%
3Y-219.0%
5Y-253.0%
10Y-
5.52%
Return on Assets
331%
3Y-111.0%
5Y-102.0%
10Y-
0.00%
Return on Invested Capital
-100%
3Y-100.0%
5Y-100.0%
10Y-
F

Flag Ship Acquisition Corporation Cash Conversion Engine

FSHP · NASDAQ
Net Income1.83M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital0.00
Others-2.31M
Capital Expenditures0.00
Free Cash Flow-479.10K

Cash Flow Quality Analysis

FCF Conversion Rate

-26.2%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

+45.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$0.00

Neutral working capital impact. Changes in current assets and liabilities balanced out.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

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Flag Ship Acquisition Corporation Funding & Solvency Profile

FSHP · NASDAQ
Cash & Cash Equivalents6.55K
Net Receivables0.00
Inventory0.00
Other Current Assets18.52K
Total Current Assets25 K
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets33.08M
Total Non-Current Assets33 M
Total Assets
33.11M

Financial Health Analysis

Current Ratio

0.02x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.11x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

-1438801

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

0% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

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Flag Ship Acquisition Corporation Street Expectations Map

FSHP · NASDAQ

No Target Data

No analyst price targets available for fshp.

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Flag Ship Acquisition Corporation Insider Positioning

FSHP · NASDAQ

During the last 12 months, there has been no insider trading activity reported for FSHP.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.36%
Dividend Yield
312%
3Y-
5Y-
10Y-
 

fshp Dividend History

FSHP
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%