Aci WORLDWIDE, Inc. (ACIW) intrinsic value & 10-year financials

Aci WORLDWIDE, Inc. (ACIW) has a Graham intrinsic value of $45.28 per share. At $52.80 on Oct 17, 2026, the stock trades 17% above that value. Over the last 10 fiscal years revenue grew 6.4% a year to $1.8B, with an average return on invested capital of 7.5%.

Graham intrinsic value
$45.28
Share price (Oct 17, 2026)
$52.80
Price vs Graham value
17% above
Market cap
$5.5B
Revenue (FY2025)
$1.8B
Revenue growth (10-yr CAGR)
6.4%
ROIC (10-yr avg)
7.5%
Free cash flow (FY2025)
$309.9M

ACIW 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $1.8B $226.7M $2.16 $309.9M 18.7% 11.3%
FY2024 $1.6B $203.1M $1.91 $343.3M 19.3% 11.4%
FY2023 $1.5B $121.5M $1.12 $159.6M 15.2% 8.2%
FY2022 $1.4B $142.2M $1.24 $130.3M 14.3% 6.3%
FY2021 $1.4B $127.8M $1.08 $199.9M 15.3% 6.9%
FY2020 $1.3B $72.7M $0.62 $318.5M 11.2% 4.6%
FY2019 $1.3B $67.1M $0.57 $114.5M 9.8% 5.7%
FY2018 $1.0B $68.9M $0.59 $165.7M 12.5% 6.4%
FY2017 $1.0B $5.1M $0.04 $120.5M 8.3% 3.0%
FY2016 $1.0B $129.5M $1.09 $59.0M 22.0% 10.8%

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

Executive summary

ACI WORLDWIDE, INC. has demonstrated mature, steady growth, with revenue compounding at 6.4% annually over the past decade.

ACI WORLDWIDE, INC. has historically struggled to out-earn its cost of capital, averaging just 7.5% ROIC.

Over the decade, ACI WORLDWIDE, INC. shows that management has aggressively returned capital to shareholders by retiring 11.8% of outstanding shares.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, ACI WORLDWIDE, INC. is modeled at 7.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $45.28 per share.

ACIW stock: frequently asked questions

What is the intrinsic value of Aci WORLDWIDE, Inc. (ACIW) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 7.9% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ACIW's intrinsic value is about $45.28 per share.

Is ACIW stock undervalued?

At $52.80 (close on Oct 17, 2026), ACIW trades 17% above its Graham value of $45.28. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Aci WORLDWIDE, Inc. grown?

Revenue went from $1.0B in fiscal 2016 to $1.8B in fiscal 2025, a compound annual growth rate of 6.4%. Net income was $226.7M in fiscal 2025.

Does Aci WORLDWIDE, Inc. generate free cash flow?

Aci WORLDWIDE, Inc. generated $309.9M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 10 of the last 10 reported years.

What is ACIW's return on invested capital?

Average ROIC over the last 10 fiscal years was 7.5%, and average return on equity was 10.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ACIW data come from?

From Aci WORLDWIDE, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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