electroCore, Inc. (ECOR) intrinsic value & 10-year financials
electroCore, Inc. (ECOR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 58.3% a year to $32.0M, with an average return on invested capital of -46.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $7.85
- Market cap
- $66.6K
- Revenue (FY2025)
- $32.0M
- Revenue growth (10-yr CAGR)
- 58.3%
- ROIC (10-yr avg)
- -46.5%
- Free cash flow (FY2025)
- -$8.3M
ECOR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $32.0M | -$14.0M | -$1.65 | -$8.3M | -41.1% | -322.7% |
| FY2024 | $25.2M | -$11.9M | -$1.59 | — | -48.3% | -418.7% |
| FY2023 | $16.0M | -$18.8M | -$0.00 | -$14.9M | -120.2% | 2071.7% |
| FY2022 | $8.6M | -$22.2M | -$0.00 | — | -266.2% | -1535.8% |
| FY2021 | $5.5M | -$17.2M | -$0.00 | — | -367.7% | -169.6% |
| FY2020 | $3.5M | -$23.5M | — | — | -707.9% | -147.4% |
| FY2019 | $2.4M | -$45.1M | — | -$45.1M | -1928.2% | -380.3% |
| FY2018 | $993.0K | -$55.8M | — | -$47.4M | -5494.1% | 444.9% |
| FY2017 | $811.5K | -$35.8M | — | -$25.5M | -3160.3% | 39.7% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
electroCore, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
electroCore, Inc. has historically struggled to out-earn its cost of capital, averaging just -22.1% ROIC.
electroCore, 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, electroCore, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-54.81 per share.