FiEE, Inc. (FIEE) intrinsic value & 10-year financials
FiEE, Inc. (FIEE) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 11.1% a year to $6.2M, with an average return on invested capital of 5976.0%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.55
- Market cap
- $25.1M
- Revenue (FY2025)
- $6.2M
- Revenue growth (10-yr CAGR)
- -11.1%
- ROIC (10-yr avg)
- 5976.0%
- Free cash flow (FY2025)
- $3.5M
FIEE 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $6.2M | $1.1M | $0.10 | $3.5M | 25.0% | 33.9% |
| FY2024 | $639.9K | -$4.2M | -$1.34 | — | -661.9% | 60185.8% |
| FY2023 | $26.1M | -$17.6M | -$9.08 | $4.7M | -65.9% | -108.6% |
| FY2022 | $50.6M | -$15.5M | -$8.38 | -$12.4M | -29.7% | -92.6% |
| FY2021 | $55.4M | -$3.6M | — | -$14.9M | -6.0% | -25.3% |
| FY2020 | $48.0M | -$3.9M | — | -$7.4M | -10.0% | -66.7% |
| FY2019 | $37.6M | -$3.3M | — | -$1.7M | -8.6% | -65.8% |
| FY2018 | $32.3M | -$74.3K | — | -$2.0M | 0.2% | 1.5% |
| FY2017 | $29.4M | -$1.4M | — | $1.2M | -4.1% | -33.1% |
| FY2016 | $17.8M | -$2.9M | — | -$4.3M | -16.2% | -69.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
FiEE, Inc. is facing top-line stagnation, with revenue contracting over the decade.
FiEE, Inc. has earned high returns on invested capital, averaging 17.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
FiEE, 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, FiEE, Inc. is modeled at -11.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-1.18 per share.