FSHP (Flag Ship Acquisition) EBIT: $-0.63 Mil (TTM As of Mar. 2026)

What is Flag Ship Acquisition EBIT?

Flag Ship Acquisition FSHP +0.09% 14 EBIT is $-0.63 Mil as of Mar. 2026. GuruFocus rates FSHP with a GF Score™ of 14/100. The stock has 4 warning signs investors should review.

Flag Ship Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flag Ship Acquisition's annualized ROC % for the quarter that ended in Mar. 2026 was -1.51%. Flag Ship Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -104,800.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.09%.

Flag Ship Acquisition (NAS:FSHP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Flag Ship Acquisition's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-0.524 * ( 1 - 0% )	/	( (34.527	+	34.97)	/ 2 )
=	-0.524	/	34.7485
=	-1.51 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	33.105	-	0.017	-	( 0.007	-	max(0, 1.464	-	0.025	+	0.007	))
=	34.527

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	33.446	-	0.105	-	( 0.002	-	max(0, 1.645	-	0.016	+	0.002	))
=	34.97

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Flag Ship Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.524	/	( ( (0 + max(0.001, 0))	+	(0 + max(-0.091, 0)) )	/	2 )
=	-0.524	/	( ( 0.001	+	0 )	/	2 )
=	-0.524	/	0.0005
=	-104,800.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.018)	-	(0.017	+	0	+	0)
=	0.001

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.014)	-	(0.105	+	0	+	0)
=	-0.091

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-0.629	/	57.924
	=	-1.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Flag Ship Acquisition EBIT Related Terms

Flag Ship Acquisition EBIT Historical Data

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The historical data trend for Flag Ship Acquisition's EBIT can be seen below:

Flag Ship Acquisition EBIT Chart

Flag Ship Acquisition Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-0.09

-0.11

-0.06

-0.89

-0.66

Flag Ship Acquisition Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial														-0.16	-0.15	-0.24	-0.11	-0.13

FSHP vs UYSC, IBAC, EURK: EBIT Comparison

For the Shell Companies subindustry, Flag Ship Acquisition's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Flag Ship Acquisition EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Flag Ship Acquisition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Flag Ship Acquisition's EV-to-EBIT falls into.

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14GF Score

Flag Ship Acquisition Corp FSHP

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Flag Ship Acquisition EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.63 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-0.63 Mil mean?

Flag Ship Acquisition (FSHP) has a EBIT of $-0.63 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Flag Ship Acquisition.

Is Flag Ship Acquisition's EBIT too high?

Flag Ship Acquisition's current EBIT is $-0.63 Mil. Overall, Flag Ship Acquisition has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.

How does Flag Ship Acquisition's EBIT compare to UYSC and IBAC?

Flag Ship Acquisition's EBIT of $-0.63 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Diversified Financial Services company?

A good EBIT depends on the Diversified Financial Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Flag Ship Acquisition. Flag Ship Acquisition's current EBIT is $-0.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Flag Ship Acquisition stock overvalued right now?

Flag Ship Acquisition (FSHP) has a current EBIT of $-0.63 Mil. The current EBIT is $-0.63 Mil. Flag Ship Acquisition's overall GF Score™ is 14/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Flag Ship Acquisition (FSHP), the current EBIT is $-0.63 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Flag Ship Acquisition Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies UYSC IBAC EURK CAPN RIBB TLGYF ALCYF BKHA COLA YHNA XXI XKRX:319400 CCXI DMII LSE:MAY BCSS EVAC CEPF CXII AEXA

Address 26 Broadway, Suite 934, New York, NY, USA, 10004

Flag Ship Acquisition Corp is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

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$11.22

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