Educational Development Corp. (EDUC) intrinsic value & 10-year financials
Educational Development Corp. (EDUC) has a Graham intrinsic value of $0.66 per share. At $1.04 on Oct 17, 2026, the stock trades 58% above that value. Over the last 10 fiscal years revenue shrank 15.7% a year to $22.9M, with an average return on invested capital of 8.6%.
- Graham intrinsic value
- $0.66
- Share price (Oct 17, 2026)
- $1.04
- Price vs Graham value
- 58% above
- Market cap
- $8.9M
- Revenue (FY2026)
- $22.9M
- Revenue growth (10-yr CAGR)
- -15.7%
- ROIC (10-yr avg)
- 8.6%
- Free cash flow (FY2026)
- $1.5M
EDUC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $22.9M | $2.3M | $0.27 | $1.5M | — | 4.1% |
| FY2025 | $34.2M | -$5.3M | -$0.63 | $2.8M | — | -7.5% |
| FY2024 | $51.0M | $546.4K | $0.07 | $7.9M | — | 0.7% |
| FY2023 | $87.8M | -$2.5M | -$0.31 | -$1.5M | — | -3.3% |
| FY2022 | $142.2M | $8.3M | $0.98 | -$24.9M | — | 13.7% |
| FY2021 | $204.6M | $12.6M | $1.50 | $3.7M | — | 26.7% |
| FY2020 | $113.0M | $5.6M | $0.68 | $3.6M | — | 12.9% |
| FY2019 | $118.8M | $6.7M | $0.81 | $2.5M | — | 16.5% |
| FY2018 | $112.0M | $5.2M | $0.64 | $7.8M | — | 14.0% |
| FY2017 | $106.6M | $2.9M | $0.35 | -$4.1M | — | 7.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
EDUCATIONAL DEVELOPMENT CORP is facing top-line stagnation, with revenue contracting over the decade.
EDUCATIONAL DEVELOPMENT CORP returns on capital have been average, hovering around 8.6% ROIC over the decade.
EDUCATIONAL DEVELOPMENT CORP 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, EDUCATIONAL DEVELOPMENT CORP is modeled at -2.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.66 per share.