Hci Group, Inc. (HCIIP) intrinsic value & 10-year financials
Hci Group, Inc. (HCIIP) has a Graham intrinsic value of $754.66 per share. Over the last 10 fiscal years revenue grew 14.6% a year to $900.9M, with an average return on invested capital of -133.1%.
- Graham intrinsic value
- $754.66
- Revenue (FY2025)
- $900.9M
- Revenue growth (10-yr CAGR)
- 14.6%
- ROIC (10-yr avg)
- -133.1%
- Free cash flow (FY2025)
- $440.8M
HCIIP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $900.9M | $299.0M | $22.72 | $440.8M | — | -1925.6% |
| FY2024 | $750.1M | $110.0M | $8.89 | $327.8M | — | 213.6% |
| FY2023 | $550.7M | $79.0M | $7.62 | $224.2M | — | 116.0% |
| FY2022 | $499.6M | -$58.5M | -$6.24 | -$6.4M | — | 97.0% |
| FY2021 | $407.9M | $1.9M | $0.00 | $93.2M | — | -1.1% |
| FY2020 | $310.4M | $27.6M | $0.00 | $70.9M | — | 119.1% |
| FY2019 | $242.5M | $26.6M | $0.00 | $51.2M | — | 17.0% |
| FY2018 | $231.3M | $17.7M | $0.00 | $26.4M | — | 9.6% |
| FY2017 | $244.4M | -$6.9M | -$0.00 | $14.3M | — | -5.0% |
| FY2016 | $264.4M | $29.0M | $0.00 | $87.4M | — | 28.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
HCI Group, Inc. is a consistent compounder, expanding top-line revenue at 14.6% annually over the past decade.
HCI Group, Inc. has earned high returns on invested capital, averaging 36.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Over the decade, HCI Group, Inc. shows that management has aggressively returned capital to shareholders by retiring 99.9% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, HCI Group, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $754.66 per share.