Here Group Ltd. (HERE) intrinsic value & 10-year financials
Here Group Ltd. (HERE) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue shrank 52.3% a year to $91.4M, with an average return on invested capital of -15.2%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $91.4M
- Revenue growth (6-yr CAGR)
- -52.3%
- ROIC (10-yr avg)
- -15.2%
- Free cash flow (FY2025)
- $180.8M
HERE 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $91.4M | $358.7M | $2.17 | $180.8M | 434.3% | -233.1% |
| FY2024 | $161.5M | $385.5M | $2.27 | $279.1M | 233.7% | -95.1% |
| FY2023 | $3.1B | -$108.5M | -$1.26 | $229.9M | -3.7% | 14.8% |
| FY2022 | $2.9B | -$233.4M | -$5.26 | $268.1M | -8.2% | 22.4% |
| FY2021 | $1.8B | -$316.0M | -$12.89 | $73.6M | -18.8% | 214.8% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Here Group Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Here Group Ltd has historically struggled to out-earn its cost of capital, averaging just -15.0% ROIC.
Here Group Ltd 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, Here Group Ltd is modeled at -52.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-179.76 per share.