Cerence Inc. (CRNC) intrinsic value & 10-year financials
Cerence Inc. (CRNC) has a Graham intrinsic value of $5.85 per share. At $8.93 on Oct 17, 2026, the stock trades 53% above that value. Over the last 9 fiscal years revenue shrank 1.4% a year to $251.8M, with an average return on invested capital of -13.0%.
- Graham intrinsic value
- $5.85
- Share price (Oct 17, 2026)
- $8.93
- Price vs Graham value
- 53% above
- Market cap
- $385.6M
- Revenue (FY2025)
- $251.8M
- Revenue growth (9-yr CAGR)
- -1.4%
- ROIC (10-yr avg)
- -13.0%
- Free cash flow (FY2025)
- $46.8M
CRNC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $251.8M | -$18.7M | -$0.43 | $46.8M | -0.9% | -0.7% |
| FY2024 | $331.5M | -$588.1M | -$14.12 | $12.2M | -174.9% | -92.4% |
| FY2023 | $294.5M | -$56.3M | -$1.40 | $2.4M | -9.2% | -3.0% |
| FY2022 | $327.9M | -$310.8M | -$7.93 | -$19.6M | -56.2% | -17.0% |
| FY2021 | $387.2M | $45.9M | $1.17 | $62.3M | 15.7% | 4.8% |
| FY2020 | $329.6M | -$20.6M | -$0.57 | $25.8M | 5.9% | 1.3% |
| FY2019 | $303.3M | $100.3M | $2.76 | $83.6M | 3.6% | 1.1% |
| FY2018 | $277.0M | $5.9M | $0.16 | $108.7M | 13.3% | 1.9% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Cerence Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Cerence Inc. has historically struggled to out-earn its cost of capital, averaging just -17.8% ROIC.
Cerence 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, Cerence Inc. is modeled at -1.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $5.85 per share.