Indigo Acquisition Corp. (INAC): fair value, margin of safety and Wheel Score

Is INAC undervalued?

Indigo Acquisition Corp. (INAC) closed at 10.42 on 5 Nov 2026. The GLS average fair value - the simple average of the 4 valuation models that produced a positive number - is 12.63, so the price sits 17% below it. 2 of the 4 models value the shares above the current price. A margin of safety between 10% and 30% is where most of the Sunday Scan candidates come from.

There is a wide gap between EPV (3.63) and GLS Growth (20.01). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.

Ranked against every other company we cover, INAC is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 31, growth score 85, out of 100).

Nine valuation models for INAC

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.

Quality and financial health

Indigo Acquisition Corp. scores only 4 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 0.4/10 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 -54.8%, ROE -54.8%, ROA 1.5% - with debt at 0.00 times equity and negative free cash flow.

Indigo Acquisition Corp. 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 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 20: No options

No options are listed on Indigo Acquisition Corp. in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 20, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.

Volume runs at 31k shares a day on a market cap of $154M, with a beta of 0.01 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.

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 INAC 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 Indigo Acquisition Corp. 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.

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