Impact Biomedical Inc. (IBO) intrinsic value & 10-year financials

Impact Biomedical Inc. (IBO) has a Graham intrinsic value of $6.27 per share. At $2.68 on Oct 17, 2026, the stock trades 57% below that value. Over the last 5 fiscal years revenue shrank 13.8% a year to $32.0K, with an average return on invested capital of -42.4%.

Graham intrinsic value
$6.27
Share price (Oct 17, 2026)
$2.68
Price vs Graham value
57% below
Market cap
$83.5M
Revenue (FY2025)
$32.0K
Revenue growth (5-yr CAGR)
-13.8%
ROIC (10-yr avg)
-42.4%
Free cash flow (FY2025)
—

IBO 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $32.0K -$11.8M -$0.38 — -13381.2% -31.6%
FY2024 — -$24.7M -$2.30 — — -118.7%
FY2023 — -$4.4M -$0.07 — — -11.5%
FY2022 $50.0K -$7.3M -$0.10 — -6808.0% -7.9%
FY2021 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

IMPACT BIOMEDICAL INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

IMPACT BIOMEDICAL INC. has historically struggled to out-earn its cost of capital, averaging just -42.4% ROIC.

IMPACT BIOMEDICAL 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, IMPACT BIOMEDICAL INC. is modeled at -13.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $6.27 per share.

IBO stock: frequently asked questions

What is the intrinsic value of Impact Biomedical Inc. (IBO) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -13.8% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, IBO's intrinsic value is about $6.27 per share.

Is IBO stock undervalued?

At $2.68 (close on Oct 17, 2026), IBO trades 57% below its Graham value of $6.27. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is IBO's return on invested capital?

Average ROIC over the last 5 fiscal years was -42.4%, and average return on equity was -86.2%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this IBO data come from?

From Impact Biomedical Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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