Coronado Global Resources Inc. (CODQL) intrinsic value & 10-year financials

Coronado Global Resources Inc. (CODQL) has a Graham intrinsic value of $26.64 per share. At $0.12 on Oct 17, 2026, the stock trades 100% below that value. Over the last 10 fiscal years revenue grew 12.3% a year to $1.9B, with an average return on invested capital of 12.6%.

Graham intrinsic value
$26.64
Share price (Oct 17, 2026)
$0.12
Price vs Graham value
100% below
Market cap
$20.1M
Revenue (FY2025)
$1.9B
Revenue growth (10-yr CAGR)
12.3%
ROIC (10-yr avg)
12.6%
Free cash flow (FY2025)
-$324.8M

CODQL 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $1.9B -$432.1M -$2.58 -$324.8M — -32.6%
FY2024 $2.5B -$108.9M -$0.65 -$174.1M — -7.9%
FY2023 $2.9B $156.1M $0.93 $31.1M — 12.3%
FY2022 $3.6B $771.7M $4.60 $726.9M — 68.8%
FY2021 $2.1B $189.4M $1.21 $352.4M — 19.9%
FY2020 $1.5B -$226.5M -$2.04 -$120.9M -10.1% -13.7%
FY2019 $2.2B $305.5M $3.16 $294.1M 20.6% 30.3%
FY2018 $2.0B $114.7M $0.21 $250.5M 16.8% 15.9%
FY2017 $768.2M $142.4M $0.00 $191.7M 19.8% 20.1%
FY2016 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Coronado Global Resources Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Coronado Global Resources Inc. returns on capital have been average, hovering around 12.6% ROIC over the decade.

Coronado Global Resources 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, Coronado Global Resources Inc. is modeled at 12.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $26.64 per share.

CODQL stock: frequently asked questions

What is the intrinsic value of Coronado Global Resources Inc. (CODQL) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 12.3% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, CODQL's intrinsic value is about $26.64 per share.

Is CODQL stock undervalued?

At $0.12 (close on Oct 17, 2026), CODQL trades 100% below its Graham value of $26.64. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Coronado Global Resources Inc. generate free cash flow?

Coronado Global Resources Inc. generated -$324.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 6 of the last 9 reported years.

What is CODQL's return on invested capital?

Average ROIC over the last 10 fiscal years was 12.6%, and average return on equity was 8.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CODQL data come from?

From Coronado Global Resources Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 11, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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