Amarin Corp. PLC\UK (AMRN) intrinsic value & 10-year financials
Amarin Corp. PLC\UK (AMRN) has a Graham intrinsic value of $0.34 per share. At $11.32 on Oct 17, 2026, the stock trades 3229% above that value. Over the last 10 fiscal years revenue grew 5.7% a year to $213.6M, with an average return on invested capital of 140.7%.
- Graham intrinsic value
- $0.34
- Share price (Oct 17, 2026)
- $11.32
- Price vs Graham value
- 3229% above
- Market cap
- $4.7B
- Revenue (FY2025)
- $213.6M
- Revenue growth (10-yr CAGR)
- 5.7%
- ROIC (10-yr avg)
- 140.7%
- Free cash flow (FY2025)
- —
AMRN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $213.6M | -$38.8M | -$0.09 | — | -23.5% | -14.3% |
| FY2024 | $228.6M | -$82.2M | -$0.20 | — | -40.2% | -25.0% |
| FY2023 | $306.9M | -$59.1M | -$0.15 | — | -22.0% | -18.0% |
| FY2022 | $369.2M | -$105.8M | -$0.26 | — | -28.7% | -25.1% |
| FY2021 | $583.2M | $7.7M | $0.02 | — | 1.8% | 1.6% |
| FY2020 | $614.1M | -$18.0M | -$0.05 | -$22.0M | -3.2% | -7.5% |
| FY2019 | $429.8M | -$22.6M | -$0.07 | -$11.8M | -5.6% | -86.1% |
| FY2018 | $229.2M | -$116.4M | -$0.39 | -$94.8M | -47.2% | 348.5% |
| FY2017 | $181.1M | -$67.9M | -$0.25 | -$32.8M | -25.2% | 176.0% |
| FY2016 | $130.1M | -$86.3M | -$0.41 | -$71.8M | -50.4% | 1056.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
AMARIN CORP PLCUK has demonstrated mature, steady growth, with revenue compounding at 5.7% annually over the past decade.
AMARIN CORP PLCUK has historically struggled to out-earn its cost of capital, averaging just -15.9% ROIC.
AMARIN CORP PLCUK has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, AMARIN CORP PLCUK is modeled at 5.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.34 per share.