Innovative Designs Inc. (IVDN) intrinsic value & 10-year financials

Innovative Designs Inc. (IVDN) has a Graham intrinsic value of $0.33 per share. At $0.22 on Oct 17, 2026, the stock trades 33% below that value. Over the last 10 fiscal years revenue grew 18.5% a year to $2.8M, with an average return on invested capital of -27.4%.

Graham intrinsic value
$0.33
Share price (Oct 17, 2026)
$0.22
Price vs Graham value
33% below
Market cap
$11.0M
Revenue (FY2025)
$2.8M
Revenue growth (10-yr CAGR)
18.5%
ROIC (10-yr avg)
-27.4%
Free cash flow (FY2025)
$449.2K

IVDN 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $2.8M $494.7K $0.01 $449.2K 18.1% 35.9%
FY2024 $1.4M $73.1K $0.00 -$211.2K 9.6% 6.5%
FY2023 $347.8K -$301.4K -$0.01 -$230.1K -81.7% -32.2%
FY2022 $258.7K -$225.5K -$0.01 -$99.7K -214.3% -26.1%
FY2021 $225.6K -$322.7K -$0.01 -$119.0K -125.4% -32.8%
FY2020 $202.3K -$280.7K -$0.01 -$162.3K -133.6% -27.3%
FY2019 $216.0K -$842.0K — -$266.4K -374.6% -75.1%
FY2018 $249.7K -$554.6K — -$423.2K -224.0% -39.8%
FY2017 $368.0K -$633.1K — -$392.5K -164.2% -42.4%
FY2016 $602.1K -$632.4K — -$633.4K -94.1% -40.4%

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

Executive summary

INNOVATIVE DESIGNS INC is a consistent compounder, expanding top-line revenue at 18.5% annually over the past decade.

INNOVATIVE DESIGNS INC has historically struggled to out-earn its cost of capital, averaging just -27.4% ROIC.

INNOVATIVE DESIGNS INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, INNOVATIVE DESIGNS INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.33 per share.

IVDN stock: frequently asked questions

What is the intrinsic value of Innovative Designs Inc. (IVDN) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, IVDN's intrinsic value is about $0.33 per share.

Is IVDN stock undervalued?

At $0.22 (close on Oct 17, 2026), IVDN trades 33% below its Graham value of $0.33. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has Innovative Designs Inc. grown?

Revenue went from $602.1K in fiscal 2016 to $2.8M in fiscal 2025, a compound annual growth rate of 18.5%. Net income was $494.7K in fiscal 2025.

Does Innovative Designs Inc. generate free cash flow?

Innovative Designs Inc. generated $449.2K of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 1 of the last 10 reported years.

What is IVDN's return on invested capital?

Average ROIC over the last 10 fiscal years was -27.4%, and average return on equity was -30.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this IVDN data come from?

From Innovative Designs Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jun 17, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.