Bumble Inc. (BMBL) intrinsic value & 10-year financials

Bumble Inc. (BMBL) has a Graham intrinsic value of $41.52 per share. At $5.94 on Oct 17, 2026, the stock trades 86% below that value. Over the last 8 fiscal years revenue grew 12.0% a year to $965.7M, with an average return on invested capital of -534.3%.

Graham intrinsic value
$41.52
Share price (Oct 17, 2026)
$5.94
Price vs Graham value
86% below
Market cap
$654.2M
Revenue (FY2025)
$965.7M
Revenue growth (8-yr CAGR)
12.0%
ROIC (10-yr avg)
-534.3%
Free cash flow (FY2025)
—

BMBL 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $965.7M -$693.1M -$5.95 — -83.4% -72.1%
FY2024 $1.1B -$557.0M -$4.61 — -65.4% -44.3%
FY2023 $1.1B -$4.2M -$0.03 — 5.1% 1.4%
FY2022 $903.5M -$79.7M -$0.62 — -11.4% -5.5%
FY2021 $765.7M $317.8M $1.48 — -17.6% -2.9%
FY2020 — — — — — —
FY2019 $488.9M $66.1M $0.00 — 19.1% -3082.3%
FY2018 — — — — — —

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

Executive summary

Bumble Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Bumble Inc. has historically struggled to out-earn its cost of capital, averaging just -24.7% ROIC.

Bumble Inc. 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, Bumble Inc. is modeled at 12.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $41.52 per share.

BMBL stock: frequently asked questions

What is the intrinsic value of Bumble Inc. (BMBL) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 12.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, BMBL's intrinsic value is about $41.52 per share.

Is BMBL stock undervalued?

At $5.94 (close on Oct 17, 2026), BMBL trades 86% below its Graham value of $41.52. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is BMBL's return on invested capital?

Average ROIC over the last 8 fiscal years was -534.3%, and average return on equity was -420.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BMBL data come from?

From Bumble Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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