Cytek Biosciences, Inc. (CTKB) intrinsic value & 10-year financials

Cytek Biosciences, Inc. (CTKB) has a Graham intrinsic value of $0.66 per share. At $5.25 on Oct 17, 2026, the stock trades 695% above that value. Over the last 7 fiscal years revenue grew 16.8% a year to $201.5M, with an average return on invested capital of -11.8%.

Graham intrinsic value
$0.66
Share price (Oct 17, 2026)
$5.25
Price vs Graham value
695% above
Market cap
$670.7M
Revenue (FY2025)
$201.5M
Revenue growth (7-yr CAGR)
16.8%
ROIC (10-yr avg)
-11.8%
Free cash flow (FY2025)
-$8.8M

CTKB 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $201.5M -$66.5M — -$8.8M -20.0% -14.2%
FY2024 $200.5M -$6.0M — $21.9M -10.2% -7.6%
FY2023 $193.0M -$12.1M -$0.09 $633.0K -14.4% -11.4%
FY2022 $164.0M $2.5M $0.02 -$22.0M -1.1% -2.0%
FY2021 $128.0M $3.0M $0.00 $266.0K 7.2% 11.5%
FY2020 $92.8M $19.4M $0.10 $13.6M 14.7% -47.3%
FY2019 — — — — — —

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

Executive summary

Cytek Biosciences, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Cytek Biosciences, Inc. has historically struggled to out-earn its cost of capital, averaging just -4.8% ROIC.

Cytek Biosciences, 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, Cytek Biosciences, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.66 per share.

CTKB stock: frequently asked questions

What is the intrinsic value of Cytek Biosciences, Inc. (CTKB) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, CTKB's intrinsic value is about $0.66 per share.

Is CTKB stock undervalued?

At $5.25 (close on Oct 17, 2026), CTKB trades 695% above its Graham value of $0.66. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

Does Cytek Biosciences, Inc. generate free cash flow?

Cytek Biosciences, Inc. generated -$8.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 4 of the last 6 reported years.

What is CTKB's return on invested capital?

Average ROIC over the last 7 fiscal years was -11.8%, and average return on equity was -14.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CTKB data come from?

From Cytek Biosciences, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 5, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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