Ideal Power Inc. (IPWR) intrinsic value & 10-year financials
Ideal Power Inc. (IPWR) has a Graham intrinsic value of $88.75 per share. At $2.98 on Oct 17, 2026, the stock trades 97% below that value. Over the last 10 fiscal years revenue shrank 34.2% a year to $37.7K, with an average return on invested capital of -484.9%.
- Graham intrinsic value
- $88.75
- Share price (Oct 17, 2026)
- $2.98
- Price vs Graham value
- 97% below
- Market cap
- $18.4M
- Revenue (FY2025)
- $37.7K
- Revenue growth (10-yr CAGR)
- -34.2%
- ROIC (10-yr avg)
- -484.9%
- Free cash flow (FY2025)
- -$9.3M
IPWR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $37.7K | -$10.6M | — | -$9.3M | -28979.0% | -488.8% |
| FY2024 | $86.0K | -$10.4M | — | -$8.9M | -12868.7% | -535.8% |
| FY2023 | $198.9K | -$10.0M | — | -$7.4M | -5205.4% | -571.6% |
| FY2022 | $203.3K | -$7.2M | -$1.17 | -$6.6M | -3612.4% | -477.2% |
| FY2021 | $576.4K | -$4.8M | -$0.80 | -$4.3M | -841.3% | -382.4% |
| FY2020 | $428.1K | -$7.8M | -$2.20 | -$3.0M | -950.2% | — |
| FY2019 | $0 | -$3.9M | — | -$3.2M | — | -348.6% |
| FY2018 | $0 | -$7.9M | — | -$6.5M | — | -590.0% |
| FY2017 | $1.2M | -$10.4M | — | -$7.6M | -862.2% | — |
| FY2016 | $1.6M | -$11.0M | — | -$10.5M | -676.4% | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Ideal Power Inc. is facing top-line stagnation, with revenue contracting over the decade.
Ideal Power Inc. has historically struggled to out-earn its cost of capital, averaging just -4.8% ROIC.
Ideal Power 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, Ideal Power Inc. is modeled at -34.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $88.75 per share.