Elme Communities (ELME) intrinsic value & 10-year financials

Elme Communities (ELME) has a Graham intrinsic value of $0.35 per share. At $1.76 on Oct 17, 2026, the stock trades 403% above that value.

Graham intrinsic value
$0.35
Share price (Oct 17, 2026)
$1.76
Price vs Graham value
403% above
Market cap
$154.7M
Revenue (FY2025)
—
Revenue growth (10-yr CAGR)
-3.2%
ROIC (10-yr avg)
3.2%
Free cash flow (FY2025)
—

ELME 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — — — — — —
FY2024 $241.9M -$13.1M -$0.15 $95.0M 9.7% -1.2%
FY2023 $227.9M -$53.0M -$0.61 $84.3M -10.1% -4.4%
FY2022 $209.4M -$30.9M -$0.36 $71.5M -0.8% -2.4%
FY2021 $169.2M $16.4M $0.19 $89.1M -2.7% 1.2%
FY2020 $294.1M -$15.7M -$0.20 $112.8M 7.6% -1.1%
FY2019 $309.2M $383.6M $4.75 $130.4M 26.8% 6.7%
FY2018 $336.9M $25.6M $0.32 $146.4M 23.1% 7.2%
FY2017 $325.1M $19.7M $0.25 $126.8M 20.5% 6.2%
FY2016 $313.3M $119.3M $1.65 $116.0M 54.7% 16.3%

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

Executive summary

Elme Communities revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Elme Communities 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.

Elme Communities 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, Elme Communities is modeled at -3.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.35 per share.

ELME stock: frequently asked questions

What is the intrinsic value of Elme Communities (ELME) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -3.2% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ELME's intrinsic value is about $0.35 per share.

Is ELME stock undervalued?

At $1.76 (close on Oct 17, 2026), ELME trades 403% above its Graham value of $0.35. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

What is ELME's return on invested capital?

Average ROIC over the last 10 fiscal years was 3.2%, and average return on equity was 4.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ELME data come from?

From Elme Communities's annual 10-K filings on SEC EDGAR, most recently filed Jul 31, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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