JELD-WEN Holding, Inc. (JELD) intrinsic value & 10-year financials
JELD-WEN Holding, Inc. (JELD) has a Graham intrinsic value of $3.51 per share. At $1.38 on Oct 17, 2026, the stock trades 61% below that value. Over the last 10 fiscal years revenue shrank 1.5% a year to $3.2B, with an average return on invested capital of 2.0%.
- Graham intrinsic value
- $3.51
- Share price (Oct 17, 2026)
- $1.38
- Price vs Graham value
- 61% below
- Market cap
- $117.7M
- Revenue (FY2025)
- $3.2B
- Revenue growth (10-yr CAGR)
- -1.5%
- ROIC (10-yr avg)
- 2.0%
- Free cash flow (FY2025)
- -$124.6M
JELD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.2B | -$621.2M | -$7.29 | -$124.6M | -13.0% | -29.7% |
| FY2024 | $3.8B | -$189.0M | -$2.22 | -$55.7M | -3.3% | -7.3% |
| FY2023 | $4.3B | $62.4M | $0.73 | $246.9M | 3.3% | 3.5% |
| FY2022 | $5.1B | $45.7M | $0.53 | -$52.9M | 2.1% | 2.8% |
| FY2021 | $4.8B | $168.8M | $1.72 | $92.1M | 5.6% | 10.5% |
| FY2020 | $4.2B | $91.6M | $0.90 | $278.0M | 4.5% | 7.1% |
| FY2019 | $4.3B | $63.0M | $0.62 | $201.2M | 4.4% | 4.7% |
| FY2018 | $4.3B | $144.3M | $1.36 | $122.3M | 4.0% | 8.7% |
| FY2017 | $3.8B | $10.8M | $0.00 | $206.2M | 6.6% | 7.3% |
| FY2016 | $3.7B | $377.2M | -$1.08 | $127.6M | 5.3% | 12.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
JELD-WEN Holding, Inc. is facing top-line stagnation, with revenue contracting over the decade.
JELD-WEN Holding, Inc. has historically struggled to out-earn its cost of capital, averaging just 2.0% ROIC.
JELD-WEN Holding, 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, JELD-WEN Holding, Inc. is modeled at -1.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.51 per share.