Brownie's Marine Group, Inc. (BWMG) intrinsic value & 10-year financials

Brownie's Marine Group, Inc. (BWMG) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 14.3% a year to $7.5M, with an average return on invested capital of -187.5%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$0.00
Market cap
$1.9M
Revenue (FY2025)
$7.5M
Revenue growth (10-yr CAGR)
14.3%
ROIC (10-yr avg)
-187.5%
Free cash flow (FY2025)
—

BWMG 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $7.5M -$105.1K $0.00 — -2.0% -5.9%
FY2024 $8.2M -$240.6K $0.00 -$293.5K -1.8% -10.7%
FY2023 $7.6M -$1.2M $0.00 -$404.8K -15.4% -49.1%
FY2022 $7.6M -$1.9M $0.00 -$689.4K -24.4% -70.5%
FY2021 $5.1M -$1.6M $0.00 -$793.1K -36.2% -109.7%
FY2020 $3.7M -$1.4M $0.00 -$561.6K -35.9% -290.4%
FY2019 $2.3M -$1.4M -$0.01 -$606.4K -55.7% -841.0%
FY2018 $1.8M -$1.3M -$0.01 -$102.1K -55.1% -544.4%
FY2017 $1.3M -$248.7K $0.00 — -16.7% -120.0%
FY2016 $2.3M $230.0K $0.00 $67.6K -0.8% 166.6%

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

Executive summary

Brownie's Marine Group, Inc is a consistent compounder, expanding top-line revenue at 14.3% annually over the past decade.

Brownie's Marine Group, Inc has historically struggled to out-earn its cost of capital, averaging just -38.1% ROIC.

Over the decade, Brownie's Marine Group, Inc shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Brownie's Marine Group, Inc is modeled at 14.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.00 per share.

BWMG stock: frequently asked questions

What is the intrinsic value of Brownie's Marine Group, Inc. (BWMG) stock?

Graham's formula only works with positive earnings. Brownie's Marine Group, Inc. reported diluted EPS of $0.00 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

How fast has Brownie's Marine Group, Inc. grown?

Revenue went from $2.3M in fiscal 2016 to $7.5M in fiscal 2025, a compound annual growth rate of 14.3%. Net income was -$105.1K in fiscal 2025.

What is BWMG's return on invested capital?

Average ROIC over the last 10 fiscal years was -187.5%, and average return on equity was -31.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BWMG data come from?

From Brownie's Marine Group, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 4, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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