Beyond MEAT, Inc. (BYND) intrinsic value & 10-year financials

Beyond MEAT, Inc. (BYND) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 30.6% a year to $275.5M, with an average return on invested capital of -25.8%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$6.85
Market cap
$1.2B
Revenue (FY2025)
$275.5M
Revenue growth (10-yr CAGR)
30.6%
ROIC (10-yr avg)
-25.8%
Free cash flow (FY2025)
-$157.2M

BYND 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $275.5M $219.0M -$1.83 -$157.2M -121.1% -86.0%
FY2024 $326.5M -$160.3M -$2.43 -$109.8M -47.8% -31.4%
FY2023 $343.4M -$338.1M -$5.26 -$118.4M -99.6% -57.7%
FY2022 $418.9M -$366.1M -$5.75 -$390.7M -81.8% -55.8%
FY2021 $464.7M -$182.1M -$2.88 -$437.3M -37.6% -43.9%
FY2020 $406.8M -$52.8M -$0.85 -$97.7M -12.1% -25.7%
FY2019 $297.9M -$12.4M -$0.29 -$70.8M -0.2% 14.0%
FY2018 $87.9M -$29.9M — -$59.9M -31.8% 19.2%
FY2017 $32.6M -$30.4M — -$33.2M -87.7% 35.2%
FY2016 — — — — — —

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

Executive summary

BEYOND MEAT, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

BEYOND MEAT, INC. has historically struggled to out-earn its cost of capital, averaging just -33.4% ROIC.

BEYOND MEAT, 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, BEYOND MEAT, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-60.78 per share.

BYND stock: frequently asked questions

What is the intrinsic value of Beyond MEAT, Inc. (BYND) stock?

Graham's formula only works with positive earnings. Beyond MEAT, Inc. reported diluted EPS of -$1.83 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Beyond MEAT, Inc. generate free cash flow?

Beyond MEAT, Inc. generated -$157.2M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 9 reported years.

What is BYND's return on invested capital?

Average ROIC over the last 10 fiscal years was -25.8%, and average return on equity was 116.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BYND data come from?

From Beyond MEAT, 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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