Cemtrex Inc. (CETXP) intrinsic value & 10-year financials
Cemtrex Inc. (CETXP) has a Graham intrinsic value of $0.07 per share. Over the last 10 fiscal years revenue shrank 2.2% a year to $76.5M, with an average return on invested capital of -9.0%.
- Graham intrinsic value
- $0.07
- Revenue (FY2025)
- $76.5M
- Revenue growth (10-yr CAGR)
- -2.2%
- ROIC (10-yr avg)
- -9.0%
- Free cash flow (FY2025)
- -$1.8M
CETXP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $76.5M | -$28.1M | — | -$1.8M | 0.7% | 2.7% |
| FY2024 | $66.9M | -$7.2M | — | -$5.2M | -7.9% | -21.8% |
| FY2023 | $59.4M | -$9.2M | — | -$5.0M | -2.5% | -4.3% |
| FY2022 | $50.3M | -$13.0M | — | -$17.9M | -33.6% | -42.5% |
| FY2021 | $43.1M | -$7.8M | $0.02 | -$11.1M | -20.3% | -23.8% |
| FY2020 | $43.5M | -$9.9M | -$0.50 | — | -9.3% | -12.0% |
| FY2019 | $39.3M | -$22.4M | — | $2.3M | -19.0% | -18.6% |
| FY2018 | $89.9M | -$9.2M | -$0.45 | -$15.0M | -12.1% | -28.4% |
| FY2017 | $120.6M | $4.4M | $0.15 | -$4.6M | 4.2% | 23.5% |
| FY2016 | $93.7M | $5.0M | $0.29 | $7.2M | 5.4% | 35.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CEMTREX INC is facing top-line stagnation, with revenue contracting over the decade.
CEMTREX INC has historically struggled to out-earn its cost of capital, averaging just -9.0% ROIC.
Over the decade, CEMTREX INC shows that management has aggressively returned capital to shareholders by retiring 99.2% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, CEMTREX INC is modeled at -2.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.07 per share.