Asp Isotopes Inc. (ASPI) intrinsic value & 10-year financials

Asp Isotopes Inc. (ASPI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 5 fiscal years revenue grew 642.1% a year to $23.8M, with an average return on invested capital of -189.5%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$2.14
Market cap
$177.6M
Revenue (FY2025)
$23.8M
Revenue growth (5-yr CAGR)
642.1%
ROIC (10-yr avg)
-189.5%
Free cash flow (FY2025)
-$47.4M

ASPI 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $23.8M -$159.8M -$2.11 -$47.4M -251.2% 135.8%
FY2024 $4.1M -$32.4M -$0.63 -$26.4M -635.9% -687.5%
FY2023 $433.0K -$16.3M -$0.49 -$7.7M -3704.6% -122.2%
FY2022 $0 -$4.9M — -$7.4M — -84.0%
FY2021 — — — — — —

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

Executive summary

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

ASP Isotopes Inc. has historically struggled to out-earn its cost of capital, averaging just -19.3% ROIC.

ASP Isotopes Inc. 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, ASP Isotopes Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-70.09 per share.

ASPI stock: frequently asked questions

What is the intrinsic value of Asp Isotopes Inc. (ASPI) stock?

Graham's formula only works with positive earnings. Asp Isotopes Inc. reported diluted EPS of -$2.11 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Asp Isotopes Inc. generate free cash flow?

Asp Isotopes Inc. generated -$47.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 4 reported years.

What is ASPI's return on invested capital?

Average ROIC over the last 5 fiscal years was -189.5%, and average return on equity was -103.8%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ASPI data come from?

From Asp Isotopes Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 14, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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