AmBase Corporation

AI-generated fair value estimate for this company.

Method: Probability-weighted NPV of AmBase's long-running litigation asset (its claim tied to the 111 West 57th Street investment/bankruptcy proceeding): assumed an effective claim value of ~$120M, 20% probability of meaningful net recovery, a 50%-of-claim average recovery if successful, discounted 2 years at 12%, for an expected value of ~$9.6M, plus ~$1M of other net assets, divided by 84.94M shares outstanding

Reasoning: AmBase is a shell company with no operating business and a disclosed going-concern qualification, so its only real economic asset is the outcome of its litigation; a probability- and time-discounted expected value of that claim, net of ongoing corporate cash burn, is the appropriate method rather than any revenue-based approach