Alset Inc. (AEI) intrinsic value & 10-year financials
Alset Inc. (AEI) has a Graham intrinsic value of $77.80 per share. At $0.63 on Oct 17, 2026, the stock trades 99% below that value. Over the last 8 fiscal years revenue shrank 24.6% a year to $4.5M, with an average return on invested capital of -22.0%.
- Graham intrinsic value
- $77.80
- Share price (Oct 17, 2026)
- $0.63
- Price vs Graham value
- 99% below
- Market cap
- $13.4M
- Revenue (FY2025)
- $4.5M
- Revenue growth (8-yr CAGR)
- -24.6%
- ROIC (10-yr avg)
- -22.0%
- Free cash flow (FY2025)
- -$6.1M
AEI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.5M | -$47.4M | -$2.22 | -$6.1M | -338.9% | -20.2% |
| FY2024 | $21.1M | -$4.0M | -$0.43 | $5.1M | -19.5% | -7.1% |
| FY2023 | $22.1M | -$58.9M | -$6.52 | $7.4M | -13.0% | -3.2% |
| FY2022 | $4.5M | -$40.5M | -$6.22 | -$32.5M | -158.2% | -38.1% |
| FY2021 | $19.8M | -$119.0M | — | -$16.9M | -75.7% | -23.4% |
| FY2020 | $16.2M | -$4.4M | — | $1.6M | -10.4% | -7.0% |
| FY2019 | $24.3M | -$8.1M | — | $6.0M | -28.6% | -55.3% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Alset Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Alset Inc. has historically struggled to out-earn its cost of capital, averaging just -22.0% ROIC.
Alset 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, Alset Inc. is modeled at -24.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $77.80 per share.