Hurco Companies Inc. (HURC) intrinsic value & 10-year financials
Hurco Companies Inc. (HURC) has a Graham intrinsic value of $1.82 per share. At $21.20 on Oct 17, 2026, the stock trades 1065% above that value. Over the last 10 fiscal years revenue shrank 2.6% a year to $178.6M, with an average return on invested capital of 4.6%.
- Graham intrinsic value
- $1.82
- Share price (Oct 17, 2026)
- $21.20
- Price vs Graham value
- 1065% above
- Market cap
- $136.9M
- Revenue (FY2025)
- $178.6M
- Revenue growth (10-yr CAGR)
- -2.6%
- ROIC (10-yr avg)
- 4.6%
- Free cash flow (FY2025)
- $16.7M
HURC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $178.6M | -$15.1M | -$2.34 | $16.7M | -5.8% | -6.1% |
| FY2024 | $186.6M | -$16.6M | -$2.56 | -$3.8M | -4.4% | -4.5% |
| FY2023 | $227.8M | $4.4M | $0.66 | -$14.1M | 2.9% | 2.4% |
| FY2022 | $250.8M | $8.2M | $1.23 | -$5.1M | 5.1% | 5.4% |
| FY2021 | $235.2M | $6.8M | $1.01 | $30.9M | 4.4% | 4.0% |
| FY2020 | $170.6M | -$6.2M | -$0.93 | $10.2M | -5.8% | -3.1% |
| FY2019 | $263.4M | $17.5M | $2.55 | -$9.6M | 8.6% | 11.5% |
| FY2018 | $300.7M | $21.5M | $3.15 | $17.5M | 11.2% | 15.7% |
| FY2017 | $243.7M | $15.1M | $2.25 | $28.2M | 8.6% | 10.7% |
| FY2016 | $227.3M | $13.3M | $1.99 | -$8.7M | 8.6% | 9.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
HURCO COMPANIES INC is facing top-line stagnation, with revenue contracting over the decade.
HURCO COMPANIES INC has historically struggled to out-earn its cost of capital, averaging just 4.6% ROIC.
HURCO COMPANIES 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, HURCO COMPANIES INC is modeled at -2.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.82 per share.