Cenntro Inc. (CENN) intrinsic value & 10-year financials
Cenntro Inc. (CENN) has a Graham intrinsic value of NZD 2,522.04 per share. At NZD 3.03 on Oct 17, 2026, the stock trades 100% below that value. Over the last 10 fiscal years revenue shrank 21.0% a year to NZD 18.1M, with an average return on invested capital of -178.9%.
- Graham intrinsic value
- NZD 2,522.04
- Share price (Oct 17, 2026)
- NZD 3.03
- Price vs Graham value
- 100% below
- Market cap
- NZD 2.5M
- Revenue (FY2025)
- NZD 18.1M
- Revenue growth (10-yr CAGR)
- -21.0%
- ROIC (10-yr avg)
- -178.9%
- Free cash flow (FY2025)
- —
CENN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | NZD 18.1M | -NZD 73.0M | -NZD 87.21 | — | -180.0% | -57.8% |
| FY2024 | NZD 31.3M | -NZD 44.9M | -NZD 1.45 | -NZD 22.2M | -101.7% | -34.9% |
| FY2023 | NZD 22.1M | -NZD 54.2M | -NZD 1.78 | -NZD 66.1M | -227.7% | -74.7% |
| FY2022 | NZD 8.9M | -NZD 110.1M | -NZD 0.42 | -NZD 72.7M | -617.7% | -380.7% |
| FY2021 | NZD 8.6M | -NZD 16.4M | -NZD 0.09 | -NZD 22.2M | -191.9% | -477.3% |
| FY2020 | NZD 5.5M | -NZD 5.2M | -NZD 0.03 | -NZD 8.0M | -194.8% | -287.3% |
| FY2019 | NZD 3.6M | -NZD 19.5M | -NZD 0.11 | -NZD 4.7M | -497.6% | — |
| FY2018 | NZD 131.4M | -NZD 37.6M | -NZD 1.79 | -NZD 6.3M | — | -80.9% |
| FY2017 | — | — | — | — | — | — |
| FY2016 | NZD 151.0M | -NZD 20.7M | -NZD 1.13 | -NZD 7.7M | — | -37.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in NZD.
Executive summary
Cenntro Inc. is facing top-line stagnation, with revenue contracting over the decade.
Cenntro Inc. has historically struggled to out-earn its cost of capital, averaging just -37.1% ROIC.
Cenntro Inc. 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, Cenntro Inc. is modeled at -21.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2522.04 per share.