Azenta, Inc. (AZTA) intrinsic value & 10-year financials
Azenta, Inc. (AZTA) has a Graham intrinsic value of $240.80 per share. At $34.09 on Oct 17, 2026, the stock trades 86% below that value. Over the last 10 fiscal years revenue grew 0.7% a year to $593.8M, with an average return on invested capital of 0.9%.
- Graham intrinsic value
- $240.80
- Share price (Oct 17, 2026)
- $34.09
- Price vs Graham value
- 86% below
- Market cap
- $1.6B
- Revenue (FY2025)
- $593.8M
- Revenue growth (10-yr CAGR)
- 0.7%
- ROIC (10-yr avg)
- 0.9%
- Free cash flow (FY2025)
- $38.3M
AZTA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $593.8M | -$55.8M | -$1.22 | $38.3M | -4.5% | -1.1% |
| FY2024 | $656.3M | -$164.2M | -$3.09 | $12.9M | -30.6% | -11.5% |
| FY2023 | $665.1M | -$14.3M | -$0.22 | -$21.9M | -11.0% | -1.6% |
| FY2022 | $555.5M | $2.1B | $28.48 | -$539.5M | -4.5% | -1.3% |
| FY2021 | $513.7M | $110.7M | $1.49 | $97.1M | -6.1% | -2.9% |
| FY2020 | $897.3M | $64.9M | $0.88 | -$2.1M | 8.7% | 7.3% |
| FY2019 | $780.8M | $437.4M | $6.04 | $67.0M | 5.9% | 5.7% |
| FY2018 | $631.6M | $116.6M | $1.64 | $61.2M | 5.0% | 4.4% |
| FY2017 | $527.5M | $62.6M | $0.89 | $83.5M | 12.2% | 9.2% |
| FY2016 | $560.3M | -$69.5M | -$1.01 | $26.7M | 0.8% | 0.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Azenta, Inc. has demonstrated mature, steady growth, with revenue compounding at 0.6% annually over the past decade.
Azenta, Inc. has historically struggled to out-earn its cost of capital, averaging just -0.1% ROIC.
Over the decade, Azenta, Inc. shows that management has aggressively returned capital to shareholders by retiring 33.0% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Azenta, Inc. is modeled at 0.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $240.80 per share.