Aprea Therapeutics, Inc. (APRE) intrinsic value & 10-year financials

Aprea Therapeutics, Inc. (APRE) has a Graham intrinsic value of $85.75 per share. At $0.58 on Oct 17, 2026, the stock trades 99% below that value. Over the last 10 fiscal years revenue shrank 30.0% a year to $285.8K, with an average return on invested capital of 112.1%.

Graham intrinsic value
$85.75
Share price (Oct 17, 2026)
$0.58
Price vs Graham value
99% below
Market cap
$3.8M
Revenue (FY2025)
$285.8K
Revenue growth (10-yr CAGR)
-30.0%
ROIC (10-yr avg)
112.1%
Free cash flow (FY2025)
—

APRE 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $285.8K -$12.6M -$1.93 — -4631.1% -83.4%
FY2024 $1.5M -$13.0M -$2.45 -$13.6M -953.0% -79.0%
FY2023 $583.2K -$14.3M -$3.95 -$12.3M -2652.8% -72.6%
FY2022 — -$112.7M -$68.16 — — -301.8%
FY2021 — -$37.1M -$1.74 — — 324.4%
FY2020 — -$53.5M -$2.53 -$41.8M — 626.0%
FY2019 — -$28.1M -$4.67 -$26.7M — 506.2%
FY2018 — -$15.5M — -$15.3M — 35.6%
FY2017 — -$15.2M — — — 53.1%
FY2016 — — — — — —

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

Executive summary

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

Aprea Therapeutics, Inc. has historically struggled to out-earn its cost of capital, averaging just -15.0% ROIC.

Aprea 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, Aprea Therapeutics, Inc. is modeled at -30.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $85.75 per share.

APRE stock: frequently asked questions

What is the intrinsic value of Aprea Therapeutics, Inc. (APRE) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -30.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, APRE's intrinsic value is about $85.75 per share.

Is APRE stock undervalued?

At $0.58 (close on Oct 17, 2026), APRE trades 99% below its Graham value of $85.75. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is APRE's return on invested capital?

Average ROIC over the last 10 fiscal years was 112.1%, and average return on equity was -68.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this APRE data come from?

From Aprea Therapeutics, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 13, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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