AACCE Investments
ScreenerStocksIndicesPicksETFsBlogPricing

© 2026 ACCE Investments. All rights reserved.

ACCE Investments - Institutional-grade stock research for retail investors | BetaList
IndicesStocksETFsScreenerBlogGlossaryCompareMarket dataAdvisors
TermsPrivacyCookiesDisclaimerLegal noticeProfessional termsAboutContact
TWLV

Twelve Seas Investment Company III Class A Ordinary Shares (TWLV) fair value

Financial Services · Shell Companies · NASDAQ · United States
$10.07+0.00%
Market cap $236MNext earnings 2026-11-16Updated Oct 17, 2026
Add earnings to calendarGoogle
Our verdict
Trades 296% above our fair value
Price
$10.07
Model fair valueConfidence: low
about $2.54
Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Treated as a pre-revenue company. None of the usual models had enough data, so this uses Net asset value, Graham number, and Price to FFO instead.
ACCE opinionTwelve Seas Investment Company III Class A Ordinary Shares (TWLV)
Fair value
Not available
ACCE price target
$10.07
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $10.07 at the close on 23 Oct 2026, 22:00 CEST.
Models: Net asset value, Graham number, and Price to FFO.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
24
out of 100
P/E
71.9x
forward 0.0x
Dividend yield
0.00%

Twelve Seas Investment Company III Class A Ordinary Shares in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Twelve Seas Investment Company III is a special purpose acquisition company (SPAC) with no operating business: its only asset is the cash held in trust from its IPO, and it exists to find and merge with a target company. There is no revenue, margin or return on equity to underwrite, so the 0.0% readings and the 71.9x trailing P/E reflect a shell rather than a business, and the stock should be valued on its trust value and the deal terms of any announced combination. Nothing in the data points to a structural advantage or near-term operating catalyst; the only event that matters is a business combination announcement, and the 27/100 score reflects that the company offers no earnings base to analyse. The $236M market capitalisation is the one figure that sits close to the cash-backed value of such a vehicle, so the useful question for a PM is whether the proposed target and terms justify a deeper look at that point, not whether the operating fundamentals are attractive, because there are none to assess.

AI-assisted·How I use AIWritten Oct 18, 2026

Next results

Nov 16, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

Ask ACCE

Valuation

INVESTOR
Where TWLV's valuation models land
Price
$10.07
Model fair valueConfidence: low
about $2.54
Model
Fair value
Upside
Net asset value
Graham number
Price to FFO
Create a free account: 5 full stock pages a month, no card.

See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+0.1%
1 month
+0.0%
3 months
+0.5%
6 months
+1.0%
YTD
no data
1 year
no data

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
15 Oct 2026, 00:00 CESTACCE price target$10.07first publication$10.07

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

Get the full TWLV page, free

Every model, the scenarios, fair value history, AI notes and the four questions. 5 full stock pages every month on the free plan, no card.

Free accounts get 5 full stock pages a month, including the full page.

Snapshot

Growth7Value12Quality17Momentum60Total24
Valuation
Trailing P/E
71.9x
Forward P/E
0.0x
PEG
no data
P/B
1.39x
EV / Revenue
0.0x
Book value/sh
$-0.28
Enterprise value
$236M
Profitability
ROE
0.0%
FCF yield
-0.11%
ROIC
0.0%
Health and risk
Debt / equity
no data
Dividend yield
0.00%
Beta
0.05

Price

+2.0% · 1Y

Ask anything about TWLV

Answered from Twelve Seas Investment Company III Class A Ordinary Shares fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 20% of peers
low 0.0x71.9xhigh 182.0x
ROEbetter than 83% of peers
low -78%0%high 7%
Div yieldbetter than 100% of peers
low 0.0%0.0%high 0.0%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
TWLV Twelve Seas Investment Company III Class A Ordinary Shares$10.07--71.9x0.0%1724
DYOR Insight Digital Partners II Class A Ordinary Shares$10.16---0.0%1728
SVCC Stellar V Capital Corp. Class A Ordinary Shares$10.72--48.7x7.0%3932
DNMX Dynamix Corporation III Class A Ordinary Shares$10.11---0.0%1726
CEPO Cantor Equity Partners I Inc. Class A Ordinary Shares$10.78----77.6%3138
CUB Lionheart Holdings Class A Ordinary Shares$10.93--182.0x0.0%1725
SBXD SilverBox Corp IV Class A Ordinary Shares$10.76--54.2x0.0%1733

Sector report card

Where TWLV ranks against its sector peers on each metric.

Computing percentiles…
  • PR Newswire•Sep 23, 2026
    Valmet supplies a complete board making line for efficient premium-quality coated board production in Asia
  • PR Newswire•Sep 23, 2026
    From the World Manufacturing Convention: Anhui's High-Quality Industrial Development
  • PR Newswire•Sep 23, 2026
    LingoAce Ranked No. 1 Online Chinese Learning Provider Globally, Marking Nearly a Decade of Fast Growth and Expansion
15 more press releases · full archive on Investor+.INVESTOR
6 filings of 36
May 2026
May 15
10-QQuarterly reportPeriod 2026-03-31
View on SEC →
March 2026
Mar 31
10-KAnnual reportPeriod 2025-12-31
View on SEC →
January 2026
Jan 7
8-KCurrent reportPeriod 2026-01-07
View on SEC →
3 more filings + AI summaries on Investor+.INVESTOR