Celsius Holdings, Inc. (CELH) intrinsic value & 10-year financials
Celsius Holdings, Inc. (CELH) has a Graham intrinsic value of $8.30 per share. At $28.19 on Oct 17, 2026, the stock trades 240% above that value. Over the last 10 fiscal years revenue grew 68.7% a year to $2.5B, with an average return on invested capital of -7.8%.
- Graham intrinsic value
- $8.30
- Share price (Oct 17, 2026)
- $28.19
- Price vs Graham value
- 240% above
- Market cap
- $7.2B
- Revenue (FY2025)
- $2.5B
- Revenue growth (10-yr CAGR)
- 68.7%
- ROIC (10-yr avg)
- -7.8%
- Free cash flow (FY2025)
- $323.4M
CELH 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.5B | $108.0M | $0.25 | $323.4M | 5.6% | 24.4% |
| FY2024 | $1.4B | $145.1M | $0.45 | $239.5M | 11.5% | -24.0% |
| FY2023 | $1.3B | $226.8M | $0.77 | $123.8M | 20.2% | -38.9% |
| FY2022 | $653.6M | -$187.3M | -$0.88 | $99.9M | -24.1% | 84.8% |
| FY2021 | $314.3M | $3.9M | $0.02 | -$99.7M | -1.3% | -1.6% |
| FY2020 | $130.7M | $8.5M | $0.04 | $2.8M | 6.1% | 14.1% |
| FY2019 | $75.1M | $10.0M | $0.05 | $956.0K | -1.9% | 20.2% |
| FY2018 | $52.6M | -$11.2M | -$0.08 | -$11.8M | -20.2% | -73.5% |
| FY2017 | $36.2M | -$8.2M | — | -$8.5M | -22.3% | -57.6% |
| FY2016 | $22.8M | -$3.1M | — | -$2.4M | -12.5% | -26.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Celsius Holdings, Inc. is a consistent compounder, expanding top-line revenue at 68.7% annually over the past decade.
Celsius Holdings, Inc. returns on capital have been average, hovering around 11.3% ROIC over the decade.
Celsius Holdings, 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, Celsius Holdings, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $8.30 per share.