Invesco CurrencyShares Canadian Dollar Trust (FXC) intrinsic value & 10-year financials

Invesco CurrencyShares Canadian Dollar Trust (FXC) has a Graham intrinsic value of $10.96 per share. At $69.12 on Oct 17, 2026, the stock trades 531% above that value. Over the last 10 fiscal years revenue grew 46.3% a year to $713.8K.

Graham intrinsic value
$10.96
Share price (Oct 17, 2026)
$69.12
Price vs Graham value
531% above
Market cap
$80.5M
Revenue (FY2025)
$713.8K
Revenue growth (10-yr CAGR)
46.3%
Free cash flow (FY2025)
—

FXC 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $713.8K $387.1K $0.33 — — —
FY2024 $1.5M $1.2M $1.43 — — —
FY2023 $2.2M $1.9M $1.54 — — —
FY2022 $613.3K $146.7K $0.09 — — —
FY2021 $0 -$714.7K -$0.31 — — —
FY2020 $298.9K -$195.1K — — — —
FY2019 $1.5M $972.0K — — — —
FY2018 $1.2M $552.9K — — — —
FY2017 $294.7K -$462.0K — — — —
FY2016 $23.3K -$810.8K — — — —

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

Executive summary

Invesco CurrencyShares Canadian Dollar Trust is a consistent compounder, expanding top-line revenue at 46.3% annually over the past decade.

Invesco CurrencyShares Canadian Dollar Trust 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.

Invesco CurrencyShares Canadian Dollar Trust 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, Invesco CurrencyShares Canadian Dollar Trust is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $10.96 per share.

FXC stock: frequently asked questions

What is the intrinsic value of Invesco CurrencyShares Canadian Dollar Trust (FXC) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, FXC's intrinsic value is about $10.96 per share.

Is FXC stock undervalued?

At $69.12 (close on Oct 17, 2026), FXC trades 531% above its Graham value of $10.96. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Invesco CurrencyShares Canadian Dollar Trust grown?

Revenue went from $23.3K in fiscal 2016 to $713.8K in fiscal 2025, a compound annual growth rate of 46.3%. Net income was $387.1K in fiscal 2025.

Where does this FXC data come from?

From Invesco CurrencyShares Canadian Dollar Trust's annual 10-K filings on SEC EDGAR, most recently filed Aug 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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