Accel Entertainment, Inc. (ACEL) intrinsic value & 10-year financials
Accel Entertainment, Inc. (ACEL) has a Graham intrinsic value of $19.93 per share. At $10.88 on Oct 17, 2026, the stock trades 45% below that value. Over the last 10 fiscal years revenue grew 23.3% a year to $1.3B, with an average return on invested capital of 19.7%.
- Graham intrinsic value
- $19.93
- Share price (Oct 17, 2026)
- $10.88
- Price vs Graham value
- 45% below
- Market cap
- $939.7M
- Revenue (FY2025)
- $1.3B
- Revenue growth (10-yr CAGR)
- 23.3%
- ROIC (10-yr avg)
- 19.7%
- Free cash flow (FY2025)
- $62.0M
ACEL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.3B | $51.5M | $0.60 | $62.0M | 8.1% | 13.2% |
| FY2024 | $1.2B | $35.3M | $0.41 | $54.7M | 7.4% | 11.2% |
| FY2023 | $1.2B | $45.6M | $0.53 | $50.8M | 9.2% | 15.1% |
| FY2022 | $969.8M | $74.1M | $0.81 | $60.6M | 10.0% | 18.9% |
| FY2021 | $734.7M | $31.6M | $0.33 | $81.0M | 9.6% | 15.0% |
| FY2020 | $316.4M | -$13.0M | -$0.16 | -$29.5M | -7.8% | -3.8% |
| FY2019 | $424.4M | -$5.9M | -$0.09 | $24.8M | 3.1% | 4.9% |
| FY2018 | $332.0M | $10.8M | $0.17 | -$23.1M | -0.2% | -0.3% |
| FY2017 | $248.4M | $8.3M | $0.14 | $9.5M | 7.3% | 103.0% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Accel Entertainment, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Accel Entertainment, Inc. returns on capital have been average, hovering around 9.3% ROIC over the decade.
Accel Entertainment, Inc. 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, Accel Entertainment, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $19.93 per share.