Cna Financial Corp. (CNA) intrinsic value & 10-year financials
Cna Financial Corp. (CNA) has a Graham intrinsic value of $70.41 per share. At $47.90 on Oct 17, 2026, the stock trades 32% below that value. Over the last 10 fiscal years revenue grew 17.8% a year to $1.6B, with an average return on invested capital of 7.2%.
- Graham intrinsic value
- $70.41
- Share price (Oct 17, 2026)
- $47.90
- Price vs Graham value
- 32% below
- Market cap
- $13.0B
- Revenue (FY2025)
- $1.6B
- Revenue growth (10-yr CAGR)
- 17.8%
- ROIC (10-yr avg)
- 7.2%
- Free cash flow (FY2025)
- $2.4B
CNA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.6B | $1.3B | $4.69 | $2.4B | — | 9.4% |
| FY2024 | $1.6B | $959.0M | $3.52 | $2.5B | — | 7.5% |
| FY2023 | $1.6B | $1.2B | $4.43 | $2.2B | — | 10.2% |
| FY2022 | $1.6B | $894.0M | $3.28 | $2.5B | — | 6.8% |
| FY2021 | $1.4B | $1.2B | $4.41 | $2.0B | — | 8.0% |
| FY2020 | $1.3B | $690.0M | $2.53 | $1.8B | — | 4.6% |
| FY2019 | $1.2B | $1.0B | $3.67 | $1.1B | — | 7.1% |
| FY2018 | $1.0B | $813.0M | $2.98 | $1.1B | — | 5.7% |
| FY2017 | $390.0M | $899.0M | $3.30 | $1.2B | — | 6.2% |
| FY2016 | $361.0M | $859.0M | $3.17 | $1.3B | — | 6.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CENTRICA PLC is a consistent compounder, expanding top-line revenue at 17.8% annually over the past decade.
CENTRICA PLC has historically struggled to out-earn its cost of capital, averaging just 7.1% ROIC.
CENTRICA PLC 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, CENTRICA PLC is modeled at 4.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $70.41 per share.