Evogene Ltd. (EVGN) intrinsic value & 10-year financials

Evogene Ltd. (EVGN) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 5.7% a year to $3.9M, with an average return on invested capital of -56.3%.

Graham intrinsic value
—
Revenue (FY2025)
$3.9M
Revenue growth (10-yr CAGR)
-5.7%
ROIC (10-yr avg)
-56.3%
Free cash flow (FY2025)
-$13.6M

EVGN 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $3.9M -$7.8M $1.08 -$13.6M -364.2% -104.7%
FY2024 $8.5M -$18.1M -$2.89 -$20.3M -261.0% -102.1%
FY2023 $5.6M -$26.0M -$0.52 -$22.4M -470.0% -83.4%
FY2022 $1.7M -$29.8M -$0.65 -$24.8M -1608.4% -54.9%
FY2021 $930.0K -$30.4M -$0.69 -$25.6M -3328.3% -51.5%
FY2020 $1.0M -$26.2M -$0.83 -$20.2M -2386.0% -42.4%
FY2019 $753.0K -$19.1M — -$18.6M -2810.9% -38.3%
FY2018 $1.7M -$20.8M — -$15.5M -1144.2% -33.4%
FY2017 $3.4M -$20.8M — -$16.5M -649.1% -28.0%
FY2016 $6.5M -$19.6M — -$12.5M -322.5% -24.2%

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

Executive summary

Evogene Ltd. is facing top-line stagnation, with revenue contracting over the decade.

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

Over the decade, Evogene Ltd. shows that management has aggressively returned capital to shareholders by retiring 69.1% of outstanding shares.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Evogene Ltd. is modeled at -5.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-2.72 per share.

EVGN stock: frequently asked questions

What is the intrinsic value of Evogene Ltd. (EVGN) stock?

Graham's formula only works with positive earnings. Evogene Ltd. reported diluted EPS of $1.08 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

How fast has Evogene Ltd. grown?

Revenue went from $6.5M in fiscal 2016 to $3.9M in fiscal 2025, a compound annual growth rate of -5.7%. Net income was -$7.8M in fiscal 2025.

Does Evogene Ltd. generate free cash flow?

Evogene Ltd. generated -$13.6M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 10 reported years.

What is EVGN's return on invested capital?

Average ROIC over the last 10 fiscal years was -56.3%, and average return on equity was -49.8%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this EVGN data come from?

From Evogene Ltd.'s annual 10-K filings on SEC EDGAR, most recently filed Mar 26, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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