Stock fact sheet · data as of
Cayson Acquisition Corp Ordinary shares (CAPN): fair value, margin of safety and Wheel Score
Financial Services · Shell Companies · United States · Speculative / Distressed
Is CAPN undervalued?
CAPN closed at 11.32 on 16 Oct 2026, 12% below the GLS average fair value of 12.87 from 5 models (2 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 18 of the 25 Value points.
The 5 models disagree widely: EPV gives 3.98 while GLS Growth gives 21.94. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files CAPN under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for CAPN
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 8.97 | -21% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 20.50 | +81% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 8.96 | -21% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 21.94 | +94% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 3.98 | -65% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.6160 | -105% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: CAPN passes 3 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is 6.6 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are thin or negative - ROIC 2.6%, ROE 2.7%, ROA 2.5% - with debt at 0.02 times equity and negative free cash flow.
Cayson Acquisition Corp Ordinary shares pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 6/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 2.6% |
|---|---|---|---|
| GLS Moat | 6.6 / 10 | ROE | 2.7% |
| Debt / equity | 0.02 | ROA | 2.5% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 6 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
CAPN has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 6k shares a day on a market cap of $60M, with a beta of -0.04 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 18 / 25 | 12% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 10 / 15 | moat 6.6/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 6k shares/day, $60M cap, beta -0.04 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for CAPN in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Shell Companies
The 12 companies below are the closest to Cayson Acquisition Corp Ordinary shares by market cap within the Shell Companies industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| WSTN Westin Acquisition Corp | 10.21 | 3.67 | -179% | 6No options | $60M |
| TMLL Tele Group Corp. | 1.00 | 1.04 | +4% | 25No options | $62M |
| APAC StoneBridge Acquisition II Corporation | 10.30 | 1.83 | -464% | 6No options | $63M |
| MEVO M Evo Global Acquisition Corp II Class A Ordinary Shares | 10.07 | 1.43 | -603% | 6No options | $56M |
| BSAA BEST SPAC I Acquisition Corp. | 10.86 | 2.97 | -266% | 6No options | $65M |
| IBAC IB Acquisition Corp. Common Stock | 10.93 | - | - | 30No options | $55M |
| IMAQ International Media Acquisition Corp. | 10.10 | - | - | 27No options | $69M |
| FVN Future Vision II Acquisition Corp. | 9.50 | 2.28 | -317% | 21No options | $72M |
| AEAE AltEnergy Acquisition Corp. | 12.01 | - | - | 26No options | $72M |
| TGLO Theglobe.com, Inc. | 0.1120 | - | - | 26No options | $49M |
| WTG Wintergreen Acquisition Corp. | 10.60 | 2.38 | -346% | 13No options | $78M |
| SSEA Starry Sea Acquisition Corp. | 10.34 | 6.72 | -54% | 6No options | $79M |
⚖ Compare CAPN with 7 of them All Financial Services stocks →
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about CAPN
Is CAPN undervalued right now?
By the GLS models, moderately: at 11.32 the stock trades 12% below the average fair value of 12.87 (data as of 16 Oct 2026).
What is the Wheel Score of CAPN and what does it mean?
CAPN has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for CAPN?
12.87 per share as of 16 Oct 2026 - the simple average of the 5 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Cayson Acquisition Corp Ordinary shares report earnings next?
No upcoming earnings date is recorded for CAPN in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does CAPN have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on CAPN, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.