5E Advanced Materials, Inc. (FEAM) intrinsic value & 10-year financials

5E Advanced Materials, Inc. (FEAM) has no Graham intrinsic value right now because the formula needs positive earnings.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$2.93
Market cap
$23.4M
Revenue (FY2025)
—
ROIC (10-yr avg)
-99.3%
Free cash flow (FY2025)
-$23.8M

FEAM 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — -$31.6M -$3.95 -$23.8M — -63.7%
FY2024 — -$62.0M -$1.18 -$27.0M — -41.5%
FY2023 — -$30.6M -$0.70 -$31.0M — -57.7%
FY2022 — -$66.7M -$1.63 -$29.8M — -252.5%
FY2021 — -$19.3M -$0.56 -$10.9M — -81.1%
FY2020 — — — — — —

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

Executive summary

5E Advanced Materials, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

5E Advanced Materials, Inc. has historically struggled to out-earn its cost of capital, averaging just -49.3% ROIC.

5E Advanced Materials, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

5E Advanced Materials, Inc. is evaluated under Benjamin Graham's defensive framework using SEC EDGAR fundamentals using an 8.5 + 2g earnings multiple and a 5.1% AAA bond-yield baseline.

FEAM stock: frequently asked questions

What is the intrinsic value of 5E Advanced Materials, Inc. (FEAM) stock?

Graham's formula only works with positive earnings. 5E Advanced Materials, Inc. reported diluted EPS of -$3.95 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does 5E Advanced Materials, Inc. generate free cash flow?

5E Advanced Materials, Inc. generated -$23.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 5 reported years.

What is FEAM's return on invested capital?

Average ROIC over the last 6 fiscal years was -99.3%, and average return on equity was -95.4%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this FEAM data come from?

From 5E Advanced Materials, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 12, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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