Credit Suisse AG (GLDI) intrinsic value & 10-year financials
Credit Suisse AG (GLDI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue shrank 22.1% a year to CHF 4.7B, with an average return on invested capital of -1.6%.
- Graham intrinsic value
- —
- Revenue (FY2023)
- CHF 4.7B
- Revenue growth (8-yr CAGR)
- -22.1%
- ROIC (10-yr avg)
- -1.6%
- Free cash flow (FY2023)
- CHF 31.7B
GLDI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2023 | CHF 4.7B | -CHF 4.0B | — | CHF 31.7B | — | -3.5% |
| FY2022 | CHF 7.5B | -CHF 7.3B | — | CHF 13.1B | — | -5.0% |
| FY2021 | CHF 11.4B | -CHF 929.0M | — | CHF 35.6B | — | -2.0% |
| FY2020 | — | — | — | — | — | — |
| FY2019 | CHF 9.5B | CHF 3.1B | — | -CHF 19.6B | — | 2.5% |
| FY2018 | CHF 10.0B | CHF 1.7B | — | CHF 11.5B | — | 1.4% |
| FY2017 | CHF 21.0B | -CHF 1.3B | — | -CHF 9.4B | — | -2.9% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in CHF.
Executive summary
CREDIT SUISSE AG revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
CREDIT SUISSE AG has historically struggled to out-earn its cost of capital, averaging just -1.1% ROIC.
CREDIT SUISSE AG 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, CREDIT SUISSE AG is modeled at -22.1% normalized earnings growth with a 5.1% bond-yield adjustment.