Stock fact sheet · data as of
Churchill Capital Corp XI (CCXI): fair value, margin of safety and Wheel Score
Ticker symbol CCXI · Financial Services · Shell Companies · United States · Class A ordinary shares · Speculative
CCXI is Churchill Capital Corp XI's Class A ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is CCXI undervalued?
Churchill Capital Corp XI (CCXI) closed at 11.26 on 5 Nov 2026, 85091% above the GLS average fair value of 0.0132. 1 of the 1 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
The average is built from just 1 models (DCF) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files CCXI under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for CCXI
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 | 0.0132 | -100% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 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 | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -0.3594 | -103% | 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
No Piotroski health score is on file for CCXI (the statements it needs were not available), so the Health part of the Wheel Score counts it at half marks - 10 of 20 - rather than marking the stock down for missing data. A GLS Moat score of 0.0/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 0.1%, ROE 0.1%, ROA 0.1% - with debt at 0.00 times equity and negative free cash flow.
Churchill Capital Corp XI 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 7/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | 0.1% |
|---|---|---|---|
| GLS Moat | 0.0 / 10 | ROE | 0.1% |
| Debt / equity | 0.00 | ROA | 0.1% |
| Free-cash-flow yield | -0.1% | Payout ratio | 0% |
| Institutions | 7 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 20: Weak
With a Wheel Score of 20 Churchill Capital Corp XI sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades 85091% above our fair value; and filter 7, a premium worth selling - implied volatility 169% (over 80%); and filter 8, big enough - market cap $472M (under $1.0B); Value (weak) is its weakest part.
Implied volatility is 169%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. The option chain is deep: 53,038 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 4.8M shares a day on a market cap of $472M, with a beta of -1.17 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 85091% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | implied volatility 169% (over 80%) |
| 8 | Big enough | Fails | market cap $472M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 85091% above fair value | |
| Premium | Weak | implied volatility 169% | |
| Moat | Weak | moat 0.0/10 | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Good | Red Flags score 87/100 | |
| Option trading | Strong | 15,275 contracts a day, 53,038 open interest | |
| Stability | Fair | beta -1.17, $472M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for CCXI 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 Churchill Capital Corp XI 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 |
|---|---|---|---|---|---|
| GTEN Gores Holdings X, Inc. | 10.45 | 0.9957 | -949% | 12No options | $471M |
| CEPF Cantor Equity Partners IV, Inc. Class A Ordinary Shares | 10.34 | 9.04 | -14% | 12No options | $475M |
| CRAN Crane Harbor Acquisition Corp. II Class A Ordinary Shares | 10.14 | 1.80 | -465% | 12No options | $476M |
| BCSS Bain Capital GSS Investment Cor | 10.22 | 2.21 | -362% | 12No options | $479M |
| EVAC EQV Ventures Acquisition Corp. II | 10.37 | 4.23 | -145% | 12No options | $487M |
| NWAX New America Acquisition I Corp. | 10.04 | 1.77 | -468% | 12No options | $500M |
| IACO Idea Acquisition Corp. Class A Ordinary Shares | 10.00 | - | - | 12No options | $438M |
| KRAQ KRAKacquisition Corp Class A Ordinary Shares | 10.01 | - | - | 12No options | $432M |
| KFII K&F Growth Acquisition Corp. II Class A Ordinary shares | 10.68 | 9.67 | -10% | 10No options | $419M |
| TACO Berto Acquisition Corp. | 10.50 | 11.32 | +7% | 15No options | $394M |
| AAC Ares Acquisition Corp. III Class A | 9.95 | - | - | 12No options | $393M |
| WENN Wen Acquisition Corp Class A Ordinary Shares | 10.47 | 4.26 | -146% | 12No options | $393M |
⚖ Compare CCXI with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about CCXI
What kind of share is CCXI?
CCXI is Churchill Capital Corp XI's Class A ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is CCXI undervalued right now?
No: at 11.26 the stock trades 85091% above the GLS average fair value of 0.0132 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of CCXI and what does it mean?
CCXI scores 20 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 7, 8. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for CCXI?
0.0132 per share as of 5 Nov 2026 - the simple average of the 1 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 Churchill Capital Corp XI report earnings next?
No upcoming earnings date is recorded for CCXI in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does CCXI have listed options, and how liquid are they?
Yes. The nightly snapshot found 36 listed contracts with 53,038 open interest across all expiries and implied volatility of 169% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.