Culp Inc. (CULP) intrinsic value & 10-year financials
Culp Inc. (CULP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 4.5% a year to $203.5M, with an average return on invested capital of -6.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.72
- Market cap
- $47.0M
- Revenue (FY2026)
- $203.5M
- Revenue growth (10-yr CAGR)
- -4.5%
- ROIC (10-yr avg)
- -6.2%
- Free cash flow (FY2026)
- -$10.0M
CULP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $203.5M | -$10.2M | -$0.81 | -$10.0M | -3.5% | -15.1% |
| FY2025 | $213.2M | -$19.1M | -$1.53 | -$20.6M | -8.6% | -29.9% |
| FY2024 | $225.3M | -$13.8M | -$1.11 | -$11.9M | -5.0% | -16.1% |
| FY2023 | $234.9M | -$31.5M | -$2.57 | $5.7M | -12.1% | -31.0% |
| FY2022 | $294.8M | -$3.2M | -$0.26 | -$23.1M | 0.2% | 0.6% |
| FY2021 | $299.7M | $3.2M | $0.26 | $14.8M | 4.0% | 7.2% |
| FY2020 | $256.2M | -$28.7M | -$2.32 | $385.0K | -3.0% | -10.9% |
| FY2019 | $296.7M | $5.5M | $0.45 | $10.6M | 4.3% | 3.9% |
| FY2018 | $323.7M | $20.9M | $1.65 | $19.5M | 8.5% | 13.8% |
| FY2017 | $309.5M | $22.3M | $1.78 | $22.2M | 9.7% | 15.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CULP INC is facing top-line stagnation, with revenue contracting over the decade.
CULP INC has historically struggled to out-earn its cost of capital, averaging just -6.2% ROIC.
CULP INC 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, CULP INC is modeled at -4.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.13 per share.