Absci Corp. (ABSI) intrinsic value & 10-year financials

Absci Corp. (ABSI) has a Graham intrinsic value of $4.59 per share. At $8.25 on Oct 17, 2026, the stock trades 80% above that value. Over the last 7 fiscal years revenue shrank 7.4% a year to $2.8M, with an average return on invested capital of 52.6%.

Graham intrinsic value
$4.59
Share price (Oct 17, 2026)
$8.25
Price vs Graham value
80% above
Market cap
$1.1B
Revenue (FY2025)
$2.8M
Revenue growth (7-yr CAGR)
-7.4%
ROIC (10-yr avg)
52.6%
Free cash flow (FY2025)
-$94.0M

ABSI 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $2.8M -$115.2M -$0.84 -$94.0M -4297.0% -75.6%
FY2024 $4.5M -$103.1M -$0.94 -$72.8M -2401.6% -82.6%
FY2023 $5.7M -$110.6M -$1.20 -$65.5M -2020.2% -65.8%
FY2022 $4.5M -$104.9M -$1.15 -$97.5M -2357.0% -58.6%
FY2021 $4.0M -$101.0M -$2.08 -$98.6M -1876.7% 589.6%
FY2020 $4.1M -$14.4M -$3.19 -$13.2M -323.1% 8.7%
FY2019 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Absci Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Absci Corp has historically struggled to out-earn its cost of capital, averaging just -44.7% ROIC.

Absci Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Absci Corp is modeled at -7.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $4.59 per share.

ABSI stock: frequently asked questions

What is the intrinsic value of Absci Corp. (ABSI) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -7.4% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ABSI's intrinsic value is about $4.59 per share.

Is ABSI stock undervalued?

At $8.25 (close on Oct 17, 2026), ABSI trades 80% above its Graham value of $4.59. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

Does Absci Corp. generate free cash flow?

Absci Corp. generated -$94.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 6 reported years.

What is ABSI's return on invested capital?

Average ROIC over the last 7 fiscal years was 52.6%, and average return on equity was -42.2%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ABSI data come from?

From Absci Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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