Powerfleet, Inc. (AIOT) intrinsic value & 10-year financials

Powerfleet, Inc. (AIOT) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 31.3% a year to $362.5M, with an average return on invested capital of -11.1%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$2.39
Market cap
$286.5M
Revenue (FY2025)
$362.5M
Revenue growth (10-yr CAGR)
31.3%
ROIC (10-yr avg)
-11.1%
Free cash flow (FY2025)
-$23.4M

AIOT 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $362.5M -$51.0M -$0.43 -$23.4M -7.1% -6.6%
FY2024 — — — — — —
FY2023 $133.7M -$5.7M -$0.49 $933.0K -9.4% -17.8%
FY2022 $135.2M -$7.0M -$0.48 -$3.3M -5.8% -8.5%
FY2021 $126.2M -$13.3M -$0.64 -$8.4M -6.3% -8.2%
FY2020 $113.6M -$9.0M — $5.5M -3.0% -3.5%
FY2019 $81.9M -$11.0M — -$8.3M -12.4% -9.9%
FY2018 $53.1M -$5.8M — -$2.0M -10.8% -18.0%
FY2017 $41.0M -$3.9M — $3.5M -10.0% -16.7%
FY2016 — — — — — —

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

Executive summary

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

Powerfleet, Inc. has historically struggled to out-earn its cost of capital, averaging just -11.1% ROIC.

Powerfleet, 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, Powerfleet, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-14.28 per share.

AIOT stock: frequently asked questions

What is the intrinsic value of Powerfleet, Inc. (AIOT) stock?

Graham's formula only works with positive earnings. Powerfleet, Inc. reported diluted EPS of -$0.43 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Powerfleet, Inc. generate free cash flow?

Powerfleet, Inc. generated -$23.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 3 of the last 8 reported years.

What is AIOT's return on invested capital?

Average ROIC over the last 10 fiscal years was -11.1%, and average return on equity was -14.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this AIOT data come from?

From Powerfleet, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jun 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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