Geospace Technologies Corp. (GEOS) intrinsic value & 10-year financials
Geospace Technologies Corp. (GEOS) has a Graham intrinsic value of $17.30 per share. At $4.41 on Oct 17, 2026, the stock trades 75% below that value. Over the last 10 fiscal years revenue grew 6.7% a year to $110.8M, with an average return on invested capital of -9.2%.
- Graham intrinsic value
- $17.30
- Share price (Oct 17, 2026)
- $4.41
- Price vs Graham value
- 75% below
- Market cap
- $56.4M
- Revenue (FY2025)
- $110.8M
- Revenue growth (10-yr CAGR)
- 6.7%
- ROIC (10-yr avg)
- -9.2%
- Free cash flow (FY2025)
- -$30.2M
GEOS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $110.8M | -$9.7M | -$0.76 | -$30.2M | -10.2% | -9.9% |
| FY2024 | $135.6M | -$6.6M | -$0.50 | -$12.9M | 5.2% | 5.9% |
| FY2023 | $124.5M | $12.2M | $0.92 | $11.6M | 9.1% | 10.0% |
| FY2022 | $64.1M | -$22.9M | -$1.76 | -$11.2M | -36.1% | -19.6% |
| FY2021 | $75.9M | -$14.1M | -$1.05 | -$10.4M | -22.2% | -13.0% |
| FY2020 | $34.1M | -$19.2M | -$1.42 | $15.2M | -52.8% | -10.6% |
| FY2019 | $45.8M | -$146.0K | -$0.01 | $3.7M | 2.3% | 0.3% |
| FY2018 | $53.3M | -$19.2M | -$1.45 | -$12.1M | -38.9% | -10.8% |
| FY2017 | $73.7M | -$56.8M | -$4.32 | $8.9M | -73.7% | -24.7% |
| FY2016 | $62.1M | -$46.0M | -$3.52 | -$3.6M | -89.4% | -18.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
GEOSPACE TECHNOLOGIES CORP has demonstrated mature, steady growth, with revenue compounding at 6.7% annually over the past decade.
GEOSPACE TECHNOLOGIES CORP has historically struggled to out-earn its cost of capital, averaging just -9.1% ROIC.
GEOSPACE TECHNOLOGIES CORP has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, GEOSPACE TECHNOLOGIES CORP is modeled at 6.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $17.30 per share.