Gsi Technology Inc. (GSIT) intrinsic value & 10-year financials
Gsi Technology Inc. (GSIT) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 7.0% a year to $25.1M, with an average return on invested capital of -42.3%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $4.02
- Market cap
- $128.0M
- Revenue (FY2026)
- $25.1M
- Revenue growth (10-yr CAGR)
- -7.0%
- ROIC (10-yr avg)
- -42.3%
- Free cash flow (FY2026)
- -$16.4M
GSIT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $25.1M | -$13.2M | -$0.42 | -$16.4M | -69.6% | -78.1% |
| FY2025 | $20.5M | -$10.6M | -$0.42 | -$13.0M | -52.8% | -47.8% |
| FY2024 | $21.8M | -$20.1M | -$0.80 | -$18.0M | -93.9% | -87.1% |
| FY2023 | $29.7M | -$16.0M | -$0.65 | -$17.2M | -53.2% | -60.5% |
| FY2022 | $33.4M | -$16.4M | -$0.67 | -$14.6M | -49.0% | -54.8% |
| FY2021 | $27.7M | -$21.5M | -$0.91 | -$15.5M | -76.7% | -60.8% |
| FY2020 | $43.3M | -$10.3M | -$0.45 | -$5.0M | -24.9% | -28.2% |
| FY2019 | $51.5M | $163.0K | $0.01 | $916.0K | -0.4% | -0.1% |
| FY2018 | $42.6M | -$4.5M | -$0.21 | -$255.0K | -10.5% | -5.2% |
| FY2017 | $48.2M | -$115.0K | -$0.01 | $1.8M | -1.1% | -0.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
GSI TECHNOLOGY INC is facing top-line stagnation, with revenue contracting over the decade.
GSI TECHNOLOGY INC has historically struggled to out-earn its cost of capital, averaging just -59.6% ROIC.
GSI TECHNOLOGY INC 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, GSI TECHNOLOGY INC is modeled at -7.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.05 per share.