Earth Science Tech, Inc. (ETST) intrinsic value & 10-year financials

Earth Science Tech, Inc. (ETST) has a Graham intrinsic value of $0.40 per share. At $0.09 on Oct 17, 2026, the stock trades 78% below that value. Over the last 10 fiscal years revenue grew 72.1% a year to $35.7M, with an average return on invested capital of 477.9%.

Graham intrinsic value
$0.40
Share price (Oct 17, 2026)
$0.09
Price vs Graham value
78% below
Market cap
$26.4M
Revenue (FY2026)
$35.7M
Revenue growth (10-yr CAGR)
72.1%
ROIC (10-yr avg)
477.9%
Free cash flow (FY2026)
$1.2M

ETST 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $35.7M $3.6M $0.01 $1.2M — 104.9%
FY2025 $33.1M $3.3M $0.01 $3.6M — 125.4%
FY2024 $12.0M $812.1K $0.00 $1.2M 7.5% 47.7%
FY2023 $48.5K -$379.3K -$0.00 — -1958.4% -45.1%
FY2022 $14.1K $3.2M — — -1605.2% -120.1%
FY2021 $140.9K -$4.4M — — -3053.3% 150.1%
FY2020 $526.1K -$1.2M — — -172.7% 212.3%
FY2019 $770.6K -$2.2M — — -277.7% 728.3%
FY2018 $463.1K -$1.7M — — -369.0% 3097.9%
FY2017 — — — — — —

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

Executive summary

Earth Science Tech, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Earth Science Tech, Inc. has earned high returns on invested capital, averaging 15.5% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

Earth Science Tech, 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, Earth Science Tech, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.40 per share.

ETST stock: frequently asked questions

What is the intrinsic value of Earth Science Tech, Inc. (ETST) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ETST's intrinsic value is about $0.40 per share.

Is ETST stock undervalued?

At $0.09 (close on Oct 17, 2026), ETST trades 78% below its Graham value of $0.40. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Earth Science Tech, Inc. generate free cash flow?

Earth Science Tech, Inc. generated $1.2M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 3 of the last 3 reported years.

What is ETST's return on invested capital?

Average ROIC over the last 10 fiscal years was 477.9%, and average return on equity was 563.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ETST data come from?

From Earth Science Tech, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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