Arena Group Holdings, Inc. (AREN) intrinsic value & 10-year financials
Arena Group Holdings, Inc. (AREN) has a Graham intrinsic value of $87.03 per share. Over the last 10 fiscal years revenue grew 154.3% a year to $134.8M, with an average return on invested capital of -133.3%.
- Graham intrinsic value
- $87.03
- Revenue (FY2025)
- $134.8M
- Revenue growth (10-yr CAGR)
- 154.3%
- ROIC (10-yr avg)
- -133.3%
- Free cash flow (FY2025)
- $39.2M
AREN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $134.8M | $124.9M | $2.62 | $39.2M | 30.3% | 130.6% |
| FY2024 | $125.9M | -$100.7M | -$2.85 | -$16.1M | 6.2% | 13.8% |
| FY2023 | $244.2M | -$55.6M | -$2.49 | — | -14.7% | -35.4% |
| FY2022 | $220.9M | -$70.9M | -$4.02 | -$11.8M | -25.3% | -145.7% |
| FY2021 | $189.1M | -$89.9M | — | -$15.1M | -44.6% | -264.3% |
| FY2020 | $128.0M | -$89.2M | — | -$33.5M | -55.4% | -194.9% |
| FY2019 | $53.3M | -$38.5M | — | -$57.1M | -76.5% | -715.9% |
| FY2018 | $5.7M | -$26.1M | — | -$7.4M | -245.8% | 277.1% |
| FY2017 | $77.0K | -$6.3M | — | -$4.3M | -8246.4% | -265.0% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Arena Group Holdings, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Arena Group Holdings, Inc. has historically struggled to out-earn its cost of capital, averaging just -5.4% ROIC.
Arena Group Holdings, 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, Arena Group Holdings, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $87.03 per share.