Atlas Energy Solutions Inc. (AESI) intrinsic value & 10-year financials
Atlas Energy Solutions Inc. (AESI) has a Graham intrinsic value of $18.27 per share. At $9.84 on Oct 17, 2026, the stock trades 46% below that value. Over the last 6 fiscal years revenue grew 58.8% a year to $1.1B, with an average return on invested capital of 17.2%.
- Graham intrinsic value
- $18.27
- Share price (Oct 17, 2026)
- $9.84
- Price vs Graham value
- 46% below
- Market cap
- $1.2B
- Revenue (FY2025)
- $1.1B
- Revenue growth (6-yr CAGR)
- 58.8%
- ROIC (10-yr avg)
- 17.2%
- Free cash flow (FY2025)
- -$30.9M
AESI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.1B | -$50.3M | -$0.41 | -$30.9M | -1.0% | -0.5% |
| FY2024 | $1.1B | $59.9M | $0.55 | -$117.5M | 10.8% | 7.8% |
| FY2023 | $614.0M | $105.4M | $1.48 | -$66.5M | 43.2% | 28.5% |
| FY2022 | $482.7M | $217.0M | — | $116.4M | 48.1% | 38.5% |
| FY2021 | $172.4M | $4.3M | — | $2.0M | 27.3% | 11.7% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Atlas Energy Solutions Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Atlas Energy Solutions Inc. has earned high returns on invested capital, averaging 18.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Atlas Energy Solutions 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, Atlas Energy Solutions Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $18.27 per share.