Addentax Group Corp. (ATXG) intrinsic value & 10-year financials

Addentax Group Corp. (ATXG) has a Graham intrinsic value of $0.30 per share. At $2.82 on Oct 17, 2026, the stock trades 840% above that value. Over the last 10 fiscal years revenue grew 0.1% a year to $5.4M, with an average return on invested capital of -28.2%.

Graham intrinsic value
$0.30
Share price (Oct 17, 2026)
$2.82
Price vs Graham value
840% above
Market cap
$2.0M
Revenue (FY2026)
$5.4M
Revenue growth (10-yr CAGR)
0.1%
ROIC (10-yr avg)
-28.2%
Free cash flow (FY2026)
-$784.5K

ATXG 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $5.4M -$4.5M -$6.27 -$784.5K -28.5% -5.0%
FY2025 $4.2M -$5.1M -$0.85 $618.4K -43.5% -4.3%
FY2024 $5.2M -$3.1M -$0.71 -$546.9K -21.9% -3.3%
FY2023 $7.9M $1.3M $0.04 — -5.8% -3.6%
FY2022 $12.7M $78.0K $0.00 $892.8K -0.4% -1.5%
FY2021 $24.7M -$3.6M — -$4.6M -14.6% -294.5%
FY2020 $10.2M -$1.5M — -$1.3M -8.5% 47.9%
FY2019 $10.0M -$694.3K — -$36.1K -6.8% 38.9%
FY2018 $13.4M -$709.4K — $1.8M -1.9% —
FY2017 $5.3M -$52.6K — — -0.5% —

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

Executive summary

ADDENTAX GROUP CORP. has demonstrated mature, steady growth, with revenue compounding at 0.1% annually over the past decade.

ADDENTAX GROUP CORP. returns on capital have been average, hovering around 8.3% ROIC over the decade.

ADDENTAX GROUP CORP. 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, ADDENTAX GROUP CORP. is modeled at 0.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.30 per share.

ATXG stock: frequently asked questions

What is the intrinsic value of Addentax Group Corp. (ATXG) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 0.1% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ATXG's intrinsic value is about $0.30 per share.

Is ATXG stock undervalued?

At $2.82 (close on Oct 17, 2026), ATXG trades 840% above its Graham value of $0.30. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Addentax Group Corp. grown?

Revenue went from $5.3M in fiscal 2017 to $5.4M in fiscal 2026, a compound annual growth rate of 0.1%. Net income was -$4.5M in fiscal 2026.

Does Addentax Group Corp. generate free cash flow?

Addentax Group Corp. generated -$784.5K of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 3 of the last 8 reported years.

What is ATXG's return on invested capital?

Average ROIC over the last 10 fiscal years was -28.2%, and average return on equity was 70.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ATXG data come from?

From Addentax Group Corp.'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.