Ata Creativity Global (AACG) intrinsic value & 10-year financials
Ata Creativity Global (AACG) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 5.7% a year to $38.3M, with an average return on invested capital of -15.0%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $38.3M
- Revenue growth (10-yr CAGR)
- -5.7%
- ROIC (10-yr avg)
- -15.0%
- Free cash flow (FY2025)
- -$2.4M
AACG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $38.3M | -$6.9M | -$0.11 | -$2.4M | -23.9% | -338.7% |
| FY2024 | $36.7M | -$4.9M | -$0.08 | -$3.2M | -16.1% | -58.8% |
| FY2023 | $31.2M | -$4.7M | -$0.08 | $917.1K | -18.7% | -39.9% |
| FY2022 | $30.0M | -$6.9M | -$0.11 | -$2.4M | -27.4% | -38.9% |
| FY2021 | $31.7M | -$5.3M | — | -$5.7M | -32.8% | -50.1% |
| FY2020 | $24.9M | -$14.1M | — | -$5.0M | -66.3% | -75.0% |
| FY2019 | $14.0M | -$17.6M | — | -$8.5M | -120.5% | -73.7% |
| FY2018 | $194.7K | $124.3M | — | -$46.5M | -5064.4% | 496.5% |
| FY2017 | $68.6M | -$1.4M | -$0.03 | $8.5M | 15.1% | 20.7% |
| FY2016 | $64.7M | $4.0M | $0.09 | $9.5M | 12.4% | 7.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ATA Creativity Global is facing top-line stagnation, with revenue contracting over the decade.
ATA Creativity Global has historically struggled to out-earn its cost of capital, averaging just -30.6% ROIC.
ATA Creativity Global has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ATA Creativity Global is modeled at -5.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-6.56 per share.