Grocery Outlet Holding Corp. (GO) intrinsic value & 10-year financials
Grocery Outlet Holding Corp. (GO) has a Graham intrinsic value of $11.46 per share. At $12.87 on Oct 17, 2026, the stock trades 12% above that value. Over the last 9 fiscal years revenue grew 12.3% a year to $4.7B, with an average return on invested capital of 5.0%.
- Graham intrinsic value
- $11.46
- Share price (Oct 17, 2026)
- $12.87
- Price vs Graham value
- 12% above
- Market cap
- $1.3B
- Revenue (FY2026)
- $4.7B
- Revenue growth (9-yr CAGR)
- 12.3%
- ROIC (10-yr avg)
- 5.0%
- Free cash flow (FY2026)
- $23.8M
GO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $4.7B | -$224.9M | -$2.30 | $23.8M | -4.7% | -7.5% |
| FY2024 | $4.4B | $39.5M | $0.40 | -$74.6M | 1.8% | 2.1% |
| FY2023 | $4.0B | $79.4M | $0.79 | $134.5M | 3.2% | 5.0% |
| FY2022 | $3.6B | $65.1M | $0.65 | $55.0M | 2.7% | 6.1% |
| FY2021 | $3.1B | $106.7M | $1.08 | $56.3M | 3.4% | 8.8% |
| FY2019 | $2.6B | $15.4M | $0.19 | $35.6M | 2.7% | 5.5% |
| FY2018 | $2.3B | $15.9M | $0.23 | $41.0M | 3.6% | 5.3% |
| FY2017 | $2.1B | $20.6M | $0.30 | $13.6M | 3.7% | 14.8% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Grocery Outlet Holding Corp. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Grocery Outlet Holding Corp. has historically struggled to out-earn its cost of capital, averaging just 5.0% ROIC.
Grocery Outlet Holding Corp. 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, Grocery Outlet Holding Corp. is modeled at 12.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $11.46 per share.