Climb Global Solutions, Inc. (CLMB) intrinsic value & 10-year financials
Climb Global Solutions, Inc. (CLMB) has a Graham intrinsic value of $154.12 per share. At $31.86 on Oct 17, 2026, the stock trades 79% below that value. Over the last 10 fiscal years revenue grew 16.5% a year to $652.5M, with an average return on invested capital of 25.0%.
- Graham intrinsic value
- $154.12
- Share price (Oct 17, 2026)
- $31.86
- Price vs Graham value
- 79% below
- Market cap
- $144.1M
- Revenue (FY2025)
- $652.5M
- Revenue growth (10-yr CAGR)
- 16.5%
- ROIC (10-yr avg)
- 25.0%
- Free cash flow (FY2025)
- —
CLMB 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $652.5M | $21.3M | $4.64 | — | 4.5% | 31.0% |
| FY2024 | $465.6M | $18.6M | $4.06 | — | 6.0% | 40.5% |
| FY2023 | $352.0M | $12.3M | $2.72 | — | 4.7% | 29.0% |
| FY2022 | $304.3M | $12.5M | $2.81 | — | 5.7% | 38.3% |
| FY2021 | $282.6M | $9.2M | $2.09 | — | 4.3% | 42.2% |
| FY2020 | $251.6M | $4.5M | $1.01 | — | 2.1% | 15.3% |
| FY2019 | $208.8M | $6.8M | $1.51 | $3.1M | 4.1% | 19.6% |
| FY2018 | $181.4M | $3.5M | $0.78 | $13.6M | 2.3% | 7.2% |
| FY2017 | $160.6M | $5.1M | $1.13 | -$2.4M | 4.9% | 12.1% |
| FY2016 | $164.6M | $5.9M | $0.00 | -$1.6M | 5.2% | 15.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Climb Global Solutions, Inc. is a consistent compounder, expanding top-line revenue at 16.5% annually over the past decade.
Climb Global Solutions, Inc. has earned high returns on invested capital, averaging 30.8% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Climb Global Solutions, 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, Climb Global Solutions, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $154.12 per share.