Atlanticus Holdings Corp. (ATLCL) intrinsic value & 10-year financials
Atlanticus Holdings Corp. (ATLCL) has a Graham intrinsic value of $197.97 per share. Over the last 10 fiscal years revenue grew 66.4% a year to $309.6M, with an average return on invested capital of 33.8%.
- Graham intrinsic value
- $197.97
- Revenue (FY2025)
- $309.6M
- Revenue growth (10-yr CAGR)
- 66.4%
- ROIC (10-yr avg)
- 33.8%
- Free cash flow (FY2025)
- —
ATLCL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $309.6M | $122.2M | $5.96 | — | — | 22.2% |
| FY2024 | $204.7M | $111.3M | $4.77 | — | — | 25.1% |
| FY2023 | $37.3M | $102.8M | $4.24 | — | — | 28.5% |
| FY2022 | $42.8M | $135.6M | $5.83 | — | — | 44.1% |
| FY2021 | $30.6M | $177.9M | $7.56 | — | — | 97.4% |
| FY2020 | $15.4M | $94.1M | $3.95 | $212.0M | — | 240.7% |
| FY2019 | $13.8M | $26.4M | $1.66 | $99.7M | — | -253.2% |
| FY2018 | $5.6M | $7.9M | $0.56 | $41.5M | — | -27.2% |
| FY2017 | $5.3M | -$40.8M | -$2.93 | -$25.9M | — | 269.7% |
| FY2016 | — | -$6.3M | -$0.46 | $38.7M | — | -109.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Atlanticus Holdings Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Atlanticus Holdings Corp 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
Atlanticus Holdings Corp 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, Atlanticus Holdings Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $197.97 per share.