Invesco CurrencyShares Euro Trust (FXE) intrinsic value & 10-year financials
Invesco CurrencyShares Euro Trust (FXE) has a Graham intrinsic value of $29.23 per share. At $103.75 on Oct 17, 2026, the stock trades 255% above that value. Over the last 10 fiscal years revenue grew 148.6% a year to $5.1M.
- Graham intrinsic value
- $29.23
- Share price (Oct 17, 2026)
- $103.75
- Price vs Graham value
- 255% above
- Market cap
- $406.1M
- Revenue (FY2025)
- $5.1M
- Revenue growth (10-yr CAGR)
- 148.6%
- Free cash flow (FY2025)
- —
FXE 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $5.1M | $3.4M | $0.88 | — | — | — |
| FY2024 | $4.7M | $4.0M | $2.15 | — | — | — |
| FY2023 | $5.3M | $4.3M | $1.65 | — | — | — |
| FY2022 | $330.8K | -$1.8M | -$0.62 | — | — | — |
| FY2021 | — | -$3.0M | -$1.13 | — | — | — |
| FY2020 | — | -$2.6M | — | — | — | — |
| FY2019 | — | -$2.0M | — | — | — | — |
| FY2018 | $0 | -$2.4M | — | — | — | — |
| FY2017 | $0 | -$2.2M | — | — | — | — |
| FY2016 | $0 | -$2.2M | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Invesco CurrencyShares Euro Trust revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Invesco CurrencyShares Euro Trust 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
Invesco CurrencyShares Euro 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 Euro Trust is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $29.23 per share.