Asure Software Inc. (ASUR) intrinsic value & 10-year financials
Asure Software Inc. (ASUR) has a Graham intrinsic value of $5.31 per share. At $7.08 on Oct 17, 2026, the stock trades 33% above that value.
- Graham intrinsic value
- $5.31
- Share price (Oct 17, 2026)
- $7.08
- Price vs Graham value
- 33% above
- Market cap
- $194.2M
- Revenue (FY2025)
- —
- Revenue growth (10-yr CAGR)
- 18.9%
- ROIC (10-yr avg)
- -6.4%
- Free cash flow (FY2025)
- $21.4M
ASUR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | — | -$13.1M | -$0.48 | $21.4M | — | -3.8% |
| FY2024 | — | -$11.8M | -$0.45 | $8.7M | — | -5.9% |
| FY2023 | $119.1M | -$9.2M | -$0.42 | $17.3M | -2.5% | -1.8% |
| FY2022 | $95.8M | -$14.5M | -$0.72 | $11.4M | -11.8% | -6.4% |
| FY2021 | $76.1M | $3.2M | $0.16 | $1.2M | -16.8% | -6.2% |
| FY2020 | $65.5M | -$16.3M | -$1.03 | -$2.6M | -21.0% | -9.5% |
| FY2019 | $73.2M | $30.0M | $1.93 | -$1.5M | -69.7% | -30.0% |
| FY2018 | $63.6M | -$7.5M | -$0.54 | -$9.0M | -9.8% | -2.1% |
| FY2017 | $54.4M | -$5.7M | -$0.53 | -$1.4M | -1.8% | -1.4% |
| FY2016 | $35.5M | -$972.0K | -$0.15 | -$2.4M | 3.5% | 3.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ASURE SOFTWARE INC revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
ASURE SOFTWARE INC has historically struggled to out-earn its cost of capital, averaging just -6.4% ROIC.
Over the decade, ASURE SOFTWARE INC shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ASURE SOFTWARE INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $5.31 per share.