Intellicheck, Inc. (IDN) intrinsic value & 10-year financials
Intellicheck, Inc. (IDN) has a Graham intrinsic value of $1.98 per share. At $2.14 on Oct 17, 2026, the stock trades 8% above that value. Over the last 10 fiscal years revenue grew 21.8% a year to $22.7M, with an average return on invested capital of -18.9%.
- Graham intrinsic value
- $1.98
- Share price (Oct 17, 2026)
- $2.14
- Price vs Graham value
- 8% above
- Market cap
- $43.1M
- Revenue (FY2025)
- $22.7M
- Revenue growth (10-yr CAGR)
- 21.8%
- ROIC (10-yr avg)
- -18.9%
- Free cash flow (FY2025)
- $4.5M
IDN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $22.7M | $1.3M | $0.06 | $4.5M | 4.8% | 5.4% |
| FY2024 | $20.0M | -$918.0K | -$0.05 | -$2.8M | -5.8% | -6.7% |
| FY2023 | $18.9M | -$2.0M | -$0.10 | -$740.0K | -12.0% | -12.3% |
| FY2022 | $16.0M | -$3.9M | -$0.20 | -$3.7M | -23.3% | -18.7% |
| FY2021 | $16.4M | -$4.1M | -$0.22 | — | -25.4% | -19.2% |
| FY2020 | $10.7M | $558.4K | $0.03 | -$63.9K | -2.4% | 6.6% |
| FY2019 | $7.7M | -$2.5M | -$0.16 | -$1.9M | -34.5% | -30.2% |
| FY2018 | $738.8K | -$4.0M | — | -$4.4M | -554.1% | -27.4% |
| FY2017 | $3.6M | -$6.0M | — | -$3.8M | -169.0% | -41.6% |
| FY2016 | $3.8M | -$5.7M | — | -$4.3M | -149.8% | -44.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Intellicheck, Inc. is a consistent compounder, expanding top-line revenue at 21.8% annually over the past decade.
Intellicheck, Inc. has historically struggled to out-earn its cost of capital, averaging just -18.8% ROIC.
Intellicheck, 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, Intellicheck, Inc. is modeled at 14.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.98 per share.