Destination Xl GROUP, Inc. (DXLG) intrinsic value & 10-year financials

Destination Xl GROUP, Inc. (DXLG) has a Graham intrinsic value of $0.33 per share. At $0.49 on Oct 20, 2026, the stock trades 48% above that value. Over the last 10 fiscal years revenue shrank 0.4% a year to $435.0M, with an average return on invested capital of 1.7%.

Graham intrinsic value
$0.33
Share price (Oct 20, 2026)
$0.49
Price vs Graham value
48% above
Market cap
$26.6M
Revenue (FY2026)
$435.0M
Revenue growth (10-yr CAGR)
-0.4%
ROIC (10-yr avg)
1.7%
Free cash flow (FY2026)
-$18.0M

DXLG 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $435.0M -$35.9M -$0.66 -$18.0M -4.2% -6.8%
FY2025 $467.0M $3.1M $0.05 $1.9M 0.8% 0.8%
FY2024 $521.8M $27.9M $0.43 $32.2M 8.0% 14.1%
FY2023 $545.8M $89.1M $1.33 $50.3M 10.7% 33.0%
FY2022 $505.0M $56.7M $0.83 $70.3M 12.3% 41.5%
FY2021 $318.9M -$64.5M -$1.26 -$5.5M -19.0% -31.7%
FY2020 $474.0M -$7.8M -$0.16 $2.4M -0.9% -2.8%
FY2019 $473.8M -$13.5M — $3.9M -2.1% -13.9%
FY2018 $468.0M -$18.8M — $8.4M -3.9% -17.8%
FY2017 $450.3M -$2.3M — $5.7M 0.2% 1.0%

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

Executive summary

DESTINATION XL GROUP, INC. is facing top-line stagnation, with revenue contracting over the decade.

DESTINATION XL GROUP, INC. has historically struggled to out-earn its cost of capital, averaging just 1.7% ROIC.

Over the decade, DESTINATION XL GROUP, INC. shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, DESTINATION XL GROUP, INC. is modeled at -0.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.33 per share.

DXLG stock: frequently asked questions

What is the intrinsic value of Destination Xl GROUP, Inc. (DXLG) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -0.4% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, DXLG's intrinsic value is about $0.33 per share.

Is DXLG stock undervalued?

At $0.49 (close on Oct 20, 2026), DXLG trades 48% above its Graham value of $0.33. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Destination Xl GROUP, Inc. grown?

Revenue went from $450.3M in fiscal 2017 to $435.0M in fiscal 2026, a compound annual growth rate of -0.4%. Net income was -$35.9M in fiscal 2026.

Does Destination Xl GROUP, Inc. generate free cash flow?

Destination Xl GROUP, Inc. generated -$18.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 8 of the last 10 reported years.

What is DXLG's return on invested capital?

Average ROIC over the last 10 fiscal years was 1.7%, and average return on equity was -0.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this DXLG data come from?

From Destination Xl GROUP, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jun 3, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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