Hines Global Income TRUST, Inc. (HGIT) intrinsic value & 10-year financials
Hines Global Income TRUST, Inc. (HGIT) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 4.7% a year to $15.7M, with an average return on invested capital of -1.2%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $15.7M
- Revenue growth (10-yr CAGR)
- -4.7%
- ROIC (10-yr avg)
- -1.2%
- Free cash flow (FY2025)
- —
HGIT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $15.7M | $17.3M | $0.06 | — | — | 0.5% |
| FY2024 | $12.5M | -$47.2M | -$0.18 | — | — | -1.4% |
| FY2023 | $10.3M | -$38.6M | -$0.15 | — | — | -1.2% |
| FY2022 | $7.7M | -$48.1M | -$0.23 | — | — | -1.7% |
| FY2021 | $4.1M | -$39.2M | -$0.31 | — | — | -2.0% |
| FY2020 | $3.2M | $101.5M | $1.06 | — | — | 6.0% |
| FY2019 | $2.1M | -$19.6M | -$0.31 | — | — | -4.5% |
| FY2018 | $1.1M | -$892.0K | — | — | — | -0.3% |
| FY2017 | $59.7M | -$17.2M | — | — | -13.4% | -3.4% |
| FY2016 | $24.3M | -$11.4M | — | — | -33.9% | -4.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
HINES GLOBAL INCOME TRUST, INC. is facing top-line stagnation, with revenue contracting over the decade.
HINES GLOBAL INCOME TRUST, INC. has historically struggled to out-earn its cost of capital, averaging just -1.2% ROIC.
HINES GLOBAL INCOME TRUST, INC. 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, HINES GLOBAL INCOME TRUST, INC. is modeled at -43.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-4.08 per share.