Kandal M Venture Ltd. (FMFC) intrinsic value & 10-year financials
Kandal M Venture Ltd. (FMFC) has a Graham intrinsic value of $0.30 per share. Over the last 4 fiscal years revenue grew 12.9% a year to $17.2M, with an average return on invested capital of -13.9%.
- Graham intrinsic value
- $0.30
- Revenue (FY2025)
- $17.2M
- Revenue growth (4-yr CAGR)
- 12.9%
- ROIC (10-yr avg)
- -13.9%
- Free cash flow (FY2025)
- $2.1M
FMFC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $17.2M | $209.7K | $0.01 | $2.1M | 2.2% | 5.5% |
| FY2024 | $14.0M | $1.1M | $0.07 | $3.1M | 10.6% | 18.0% |
| FY2023 | $13.5M | $744.5K | $0.05 | $2.2M | 7.3% | -65.1% |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Kandal M Venture Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Kandal M Venture Ltd returns on capital have been average, hovering around 11.7% ROIC over the decade.
Kandal M Venture 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, Kandal M Venture Ltd is modeled at 12.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.30 per share.