BioNexus Gene Lab Corp. (BGLC) intrinsic value & 10-year financials

BioNexus Gene Lab Corp. (BGLC) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 66.2% a year to $7.4M, with an average return on invested capital of -15.0%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$1.20
Market cap
$21.4M
Revenue (FY2025)
$7.4M
Revenue growth (8-yr CAGR)
66.2%
ROIC (10-yr avg)
-15.0%
Free cash flow (FY2025)
-$1.9M

BGLC 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $7.4M -$3.0M — -$1.9M -39.9% -50.1%
FY2024 $9.5M -$1.6M -$0.09 -$2.5M -16.5% -24.7%
FY2023 $9.8M -$2.6M -$0.17 -$1.3M -26.5% -38.9%
FY2022 $10.9M -$356.0K — $489.9K -2.7% -4.5%
FY2021 $13.4M $751.6K — $6.0K 7.9% 23.3%
FY2020 $11.4M $1.1M — $131.1K 11.2% 51.2%
FY2019 $127.0K -$246.5K — -$230.1K -217.2% -85.5%
FY2018 $212.3K $26.5K — -$313.7K 28.2% 9.2%

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

Executive summary

BioNexus Gene Lab Corp is a consistent compounder, expanding top-line revenue at 66.2% annually over the past decade.

BioNexus Gene Lab Corp has historically struggled to out-earn its cost of capital, averaging just -15.0% ROIC.

BioNexus Gene Lab 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, BioNexus Gene Lab Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-5.56 per share.

BGLC stock: frequently asked questions

How fast has BioNexus Gene Lab Corp. grown?

Revenue went from $212.3K in fiscal 2018 to $7.4M in fiscal 2025, a compound annual growth rate of 66.2%. Net income was -$3.0M in fiscal 2025.

Does BioNexus Gene Lab Corp. generate free cash flow?

BioNexus Gene Lab Corp. generated -$1.9M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 3 of the last 8 reported years.

What is BGLC's return on invested capital?

Average ROIC over the last 8 fiscal years was -15.0%, and average return on equity was -8.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BGLC data come from?

From BioNexus Gene Lab Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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