Allarity Therapeutics, Inc. (ALLR) intrinsic value & 10-year financials

Allarity Therapeutics, Inc. (ALLR) has a Graham intrinsic value of $656.79 per share. At $0.89 on Oct 17, 2026, the stock trades 100% below that value. Over the last 7 fiscal years revenue shrank 71.7% a year to $320.0K, with an average return on invested capital of 957.5%.

Graham intrinsic value
$656.79
Share price (Oct 17, 2026)
$0.89
Price vs Graham value
100% below
Market cap
$1.8M
Revenue (FY2025)
$320.0K
Revenue growth (7-yr CAGR)
-71.7%
ROIC (10-yr avg)
957.5%
Free cash flow (FY2025)
-$14.8M

ALLR 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $320.0K -$11.2M — -$14.8M -3939.1% -116.5%
FY2024 $0 -$24.5M — -$17.6M — 11662.7%
FY2023 — -$11.9M -$10.26 -$12.7M — -12594.9%
FY2022 — -$16.1M -$2.21 -$16.8M — 7058.6%
FY2021 $50.0M -$26.6M -$4.19 — -53.1% -230.8%
FY2020 — -$6.6M — -$7.3M — -34.1%
FY2019 — — — — — —

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

Executive summary

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

Allarity Therapeutics, Inc. has historically struggled to out-earn its cost of capital, averaging just -15.3% ROIC.

Allarity 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, Allarity Therapeutics, Inc. is modeled at -71.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $656.79 per share.

ALLR stock: frequently asked questions

What is the intrinsic value of Allarity Therapeutics, Inc. (ALLR) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -71.7% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ALLR's intrinsic value is about $656.79 per share.

Is ALLR stock undervalued?

At $0.89 (close on Oct 17, 2026), ALLR trades 100% below its Graham value of $656.79. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Allarity Therapeutics, Inc. generate free cash flow?

Allarity Therapeutics, Inc. generated -$14.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 5 reported years.

What is ALLR's return on invested capital?

Average ROIC over the last 7 fiscal years was 957.5%, and average return on equity was -24.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ALLR data come from?

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

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