Aligos Therapeutics, Inc. (ALGS) intrinsic value & 10-year financials

Aligos Therapeutics, Inc. (ALGS) has a Graham intrinsic value of $153.58 per share. At $4.86 on Oct 17, 2026, the stock trades 97% below that value. Over the last 8 fiscal years revenue shrank 40.6% a year to $2.2M, with an average return on invested capital of 579.9%.

Graham intrinsic value
$153.58
Share price (Oct 17, 2026)
$4.86
Price vs Graham value
97% below
Market cap
$48.0M
Revenue (FY2025)
$2.2M
Revenue growth (8-yr CAGR)
-40.6%
ROIC (10-yr avg)
579.9%
Free cash flow (FY2025)
—

ALGS 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $2.2M -$24.2M -$2.45 — -4024.9% 724.6%
FY2024 $3.6M -$131.2M -$20.94 -$80.9M -2469.0% 184.2%
FY2023 $6.2M -$87.7M -$1.36 -$79.0M -1423.5% 4711.4%
FY2022 $0 -$96.0M -$2.25 -$80.3M — -470.9%
FY2021 $0 -$128.3M — -$116.6M — -1308.1%
FY2020 $0 -$108.5M — -$76.3M — 174.1%
FY2019 — -$52.3M — -$49.6M — 44.1%
FY2018 — — — — — —

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

Executive summary

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

Aligos Therapeutics, Inc. returns on capital have been average, hovering around 12.0% ROIC over the decade.

Aligos Therapeutics, 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, Aligos Therapeutics, Inc. is modeled at -40.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $153.58 per share.

ALGS stock: frequently asked questions

What is the intrinsic value of Aligos Therapeutics, Inc. (ALGS) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -40.6% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ALGS's intrinsic value is about $153.58 per share.

Is ALGS stock undervalued?

At $4.86 (close on Oct 17, 2026), ALGS trades 97% below its Graham value of $153.58. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is ALGS's return on invested capital?

Average ROIC over the last 8 fiscal years was 579.9%, and average return on equity was -119.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ALGS data come from?

From Aligos Therapeutics, 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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