iPower Inc. (IPW) intrinsic value & 10-year financials
iPower Inc. (IPW) has a Graham intrinsic value of $1.06 per share. At $0.40 on Oct 17, 2026, the stock trades 62% below that value. Over the last 7 fiscal years revenue grew 10.6% a year to $66.1M, with an average return on invested capital of 9.2%.
- Graham intrinsic value
- $1.06
- Share price (Oct 17, 2026)
- $0.40
- Price vs Graham value
- 62% below
- Market cap
- $12.6M
- Revenue (FY2025)
- $66.1M
- Revenue growth (7-yr CAGR)
- 10.6%
- ROIC (10-yr avg)
- 9.2%
- Free cash flow (FY2025)
- -$742.8K
IPW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $66.1M | -$5.0M | -$0.16 | -$742.8K | -8.9% | -23.4% |
| FY2024 | $86.1M | -$1.5M | -$0.05 | $6.2M | -1.1% | -3.8% |
| FY2023 | $88.9M | -$12.0M | -$0.40 | $9.1M | -15.2% | -35.5% |
| FY2022 | $79.4M | $1.5M | $0.05 | -$17.1M | 2.9% | 5.7% |
| FY2021 | $54.1M | -$775.7K | -$0.04 | -$12.8M | 5.5% | 26.4% |
| FY2020 | $39.9M | $2.0M | — | $1.1M | 7.3% | 85.3% |
| FY2019 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
iPower Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
iPower Inc. returns on capital have been average, hovering around 9.1% ROIC over the decade.
iPower 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, iPower Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.06 per share.