Innovaro, Inc. (INNI) intrinsic value & 10-year financials

Innovaro, Inc. (INNI) has a Graham intrinsic value of $84.31 per share. At $0.02 on Oct 17, 2026, the stock trades 100% below that value. Over the last 4 fiscal years revenue shrank 79.9% a year to $530.8K, with an average return on invested capital of -71.8%.

Graham intrinsic value
$84.31
Share price (Oct 17, 2026)
$0.02
Price vs Graham value
100% below
Market cap
$369.6K
Revenue (FY2012)
$530.8K
Revenue growth (4-yr CAGR)
-79.9%
ROIC (10-yr avg)
-71.8%
Free cash flow (FY2012)
-$1.7M

INNI 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2012 $530.8K -$10.0M — -$1.7M — -88.3%
FY2011 $435.4K -$4.6M — -$2.9M — -26.4%
FY2010 $13.1M -$19.1M — -$5.0M — -100.6%
FY2009 — — — — — —

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

Executive summary

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

Innovaro, Inc. has historically struggled to out-earn its cost of capital, averaging just -71.8% ROIC.

Innovaro, 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, Innovaro, Inc. is modeled at -79.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $84.31 per share.

INNI stock: frequently asked questions

What is the intrinsic value of Innovaro, Inc. (INNI) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -79.9% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, INNI's intrinsic value is about $84.31 per share.

Is INNI stock undervalued?

At $0.02 (close on Oct 17, 2026), INNI trades 100% below its Graham value of $84.31. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Innovaro, Inc. generate free cash flow?

Innovaro, Inc. generated -$1.7M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2012. Free cash flow was positive in 0 of the last 3 reported years.

What is INNI's return on invested capital?

Average ROIC over the last 4 fiscal years was -71.8%, and average return on equity was -98.2%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this INNI data come from?

From Innovaro, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Mar 12, 2014. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.