Cn Energy Group Inc. (CNEY) intrinsic value & 10-year financials
Cn Energy Group Inc. (CNEY) has a Graham intrinsic value of $1.11 per share. Over the last 8 fiscal years revenue grew 21.8% a year to $35.6M, with an average return on invested capital of -2.2%.
- Graham intrinsic value
- $1.11
- Revenue (FY2025)
- $35.6M
- Revenue growth (8-yr CAGR)
- 21.8%
- ROIC (10-yr avg)
- -2.2%
- Free cash flow (FY2025)
- —
CNEY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $35.6M | -$11.1M | -$21.46 | — | -30.9% | -11.1% |
| FY2024 | $51.0M | -$14.0M | -$4.13 | — | -24.5% | -12.5% |
| FY2023 | $57.9M | -$5.6M | -$1.04 | -$30.8M | -10.7% | -8.2% |
| FY2022 | $40.2M | $2.2M | $0.03 | -$10.0M | 1.1% | 0.7% |
| FY2021 | $19.8M | $1.3M | $0.01 | -$12.0M | 2.9% | 1.0% |
| FY2020 | $12.5M | $2.3M | $0.08 | -$1.8M | 16.1% | 8.0% |
| FY2019 | $10.9M | $1.7M | $0.06 | -$761.8K | 10.9% | 6.4% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CN ENERGY GROUP. INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
CN ENERGY GROUP. INC. has historically struggled to out-earn its cost of capital, averaging just -3.7% ROIC.
CN ENERGY GROUP. 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, CN ENERGY GROUP. INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.11 per share.