Eon Resources Inc. (EONR) intrinsic value & 10-year financials

Eon Resources Inc. (EONR) has a Graham intrinsic value of $52.40 per share. At $0.45 on Oct 17, 2026, the stock trades 99% below that value. Over the last 5 fiscal years revenue shrank 25.9% a year to $19.4M, with an average return on invested capital of -9.7%.

Graham intrinsic value
$52.40
Share price (Oct 17, 2026)
$0.45
Price vs Graham value
99% below
Market cap
$2.9M
Revenue (FY2024)
$19.4M
Revenue growth (5-yr CAGR)
-25.9%
ROIC (10-yr avg)
-9.7%
Free cash flow (FY2024)
—

EONR 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2024 $19.4M -$9.1M -$1.40 — -19.8% -5.1%
FY2023 $27.2M — — — — —
FY2022 $35.4M -$750.3K — — -5.1% -3.6%
FY2021 — -$13.8K — — — -20.2%
FY2020 — — — — — —

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

Executive summary

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

EON Resources Inc. has historically struggled to out-earn its cost of capital, averaging just -9.6% ROIC.

EON Resources 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, EON Resources Inc. is modeled at -25.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $52.40 per share.

EONR stock: frequently asked questions

What is the intrinsic value of Eon Resources Inc. (EONR) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -25.9% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, EONR's intrinsic value is about $52.40 per share.

Is EONR stock undervalued?

At $0.45 (close on Oct 17, 2026), EONR trades 99% below its Graham value of $52.40. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is EONR's return on invested capital?

Average ROIC over the last 5 fiscal years was -9.7%, and average return on equity was -1919.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this EONR data come from?

From Eon Resources Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Apr 27, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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