IN8BIO, Inc. (INAB) intrinsic value & 10-year financials

IN8BIO, Inc. (INAB) has no Graham intrinsic value right now because the formula needs positive earnings.

Graham intrinsic value
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Share price (Oct 17, 2026)
$1.11
Market cap
$4.9M
Revenue (FY2025)
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ROIC (10-yr avg)
-270.2%
Free cash flow (FY2025)
—

INAB 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — -$19.4M -$4.44 — — -443.3%
FY2024 — -$30.4M -$0.57 — — -441.9%
FY2023 — -$30.0M -$1.00 — — -377.6%
FY2022 — -$28.5M -$1.36 — — -476.1%
FY2021 — -$14.7M -$1.47 — — 92.7%
FY2020 — -$8.6M — — — 24.8%
FY2019 — — — — — —

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

Executive summary

IN8BIO, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

IN8BIO, INC. has earned high returns on invested capital, averaging 16.7% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

IN8BIO, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

IN8BIO, INC. is evaluated under Benjamin Graham's defensive framework using SEC EDGAR fundamentals using an 8.5 + 2g earnings multiple and a 5.1% AAA bond-yield baseline.

INAB stock: frequently asked questions

What is the intrinsic value of IN8BIO, Inc. (INAB) stock?

Graham's formula only works with positive earnings. IN8BIO, Inc. reported diluted EPS of -$4.44 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

What is INAB's return on invested capital?

Average ROIC over the last 7 fiscal years was -270.2%, and average return on equity was -89.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this INAB data come from?

From IN8BIO, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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