Dhi GROUP, Inc. (DHX) intrinsic value & 10-year financials
Dhi GROUP, Inc. (DHX) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 6.2% a year to $127.8M, with an average return on invested capital of 1.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $4.85
- Market cap
- $217.2M
- Revenue (FY2025)
- $127.8M
- Revenue growth (10-yr CAGR)
- -6.2%
- ROIC (10-yr avg)
- 1.2%
- Free cash flow (FY2025)
- $13.8M
DHX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $127.8M | -$13.5M | -$0.30 | $13.8M | -8.9% | -7.5% |
| FY2024 | $141.9M | $253.0K | $0.01 | $7.1M | 4.5% | 2.1% |
| FY2023 | $151.9M | $3.5M | $0.08 | $1.1M | 4.1% | 4.2% |
| FY2022 | $149.7M | $4.2M | $0.09 | $18.1M | 3.7% | 3.9% |
| FY2021 | $119.9M | -$29.7M | -$0.64 | $14.3M | -1.5% | -1.2% |
| FY2020 | $136.9M | -$30.0M | -$0.62 | $2.6M | -21.6% | -16.6% |
| FY2019 | $149.4M | $12.6M | $0.24 | $8.7M | 11.4% | 7.7% |
| FY2018 | $161.6M | $7.2M | $0.14 | $4.9M | 7.2% | 5.5% |
| FY2017 | $207.9M | $16.0M | $0.33 | $21.2M | 11.0% | 11.5% |
| FY2016 | $227.0M | -$5.4M | -$0.11 | $32.9M | 1.5% | 2.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
DHI GROUP, INC. is facing top-line stagnation, with revenue contracting over the decade.
DHI GROUP, INC. has historically struggled to out-earn its cost of capital, averaging just 1.2% ROIC.
DHI GROUP, 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, DHI GROUP, INC. is modeled at -6.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.03 per share.