BingEx Ltd. (FLX) intrinsic value & 10-year financials
BingEx Ltd. (FLX) has a Graham intrinsic value of $3.73 per share. At $1.49 on Oct 27, 2026, the stock trades 60% below that value. Over the last 5 fiscal years revenue shrank 0.1% a year to $4.0B, with an average return on invested capital of 6.6%.
- Graham intrinsic value
- $3.73
- Share price (Oct 27, 2026)
- $1.49
- Price vs Graham value
- 60% below
- Market cap
- $310.7M
- Revenue (FY2025)
- $4.0B
- Revenue growth (5-yr CAGR)
- -0.1%
- ROIC (10-yr avg)
- 6.6%
- Free cash flow (FY2025)
- $98.9M
FLX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.0B | $109.4M | $0.52 | $98.9M | 1.2% | 19.6% |
| FY2024 | $4.5B | -$146.5M | -$1.25 | $1.0M | -0.6% | 1.8% |
| FY2023 | $4.5B | $110.5M | -$0.25 | $42.6M | 0.2% | -3.6% |
| FY2022 | $4.0B | -$180.4M | — | -$90.2M | -5.1% | 8.5% |
| FY2021 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
BingEx Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
BingEx Ltd has historically struggled to out-earn its cost of capital, averaging just 5.9% ROIC.
BingEx Ltd 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, BingEx Ltd is modeled at -0.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.73 per share.