J & Friends Holdings Ltd. (JF) intrinsic value & 10-year financials
J & Friends Holdings Ltd. (JF) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 32.5% a year to $1.6M, with an average return on invested capital of 130.7%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $1.6M
- Revenue growth (10-yr CAGR)
- -32.5%
- ROIC (10-yr avg)
- 130.7%
- Free cash flow (FY2025)
- —
JF 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.6M | — | — | — | — | — |
| FY2024 | $35.1M | -$15.5M | -$0.03 | — | -40.1% | 3.3% |
| FY2023 | $52.7M | -$78.8M | -$0.16 | — | -79.1% | 8.9% |
| FY2022 | $74.6M | -$190.2M | -$0.63 | — | -109.3% | 18.4% |
| FY2021 | $173.2M | -$101.7M | -$0.34 | — | -41.2% | 17.6% |
| FY2020 | $378.3M | -$293.9M | -$0.99 | — | -54.7% | -793.0% |
| FY2019 | $1.3B | -$905.9M | — | — | -56.7% | -115.7% |
| FY2018 | $1.1B | $2.2M | — | — | -1.0% | -1.2% |
| FY2017 | $568.7M | -$84.9M | — | $194.6M | -9.4% | -146.3% |
| FY2016 | $54.9M | -$200.5M | — | — | -366.3% | 2183.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
J & Friends Holdings Ltd is facing top-line stagnation, with revenue contracting over the decade.
J & Friends Holdings Ltd has historically struggled to out-earn its cost of capital, averaging just -33.1% ROIC.
J & Friends Holdings Ltd 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, J & Friends Holdings Ltd is modeled at -32.5% normalized earnings growth with a 5.1% bond-yield adjustment.