Kaival Brands Innovations Group, Inc. (KAVL) intrinsic value & 10-year financials
Kaival Brands Innovations Group, Inc. (KAVL) has a Graham intrinsic value of $151.46 per share. At $0.03 on Oct 17, 2026, the stock trades 100% below that value. Over the last 8 fiscal years revenue shrank 62.4% a year to $484.7K, with an average return on invested capital of 116.6%.
- Graham intrinsic value
- $151.46
- Share price (Oct 17, 2026)
- $0.03
- Price vs Graham value
- 100% below
- Market cap
- $275.8K
- Revenue (FY2025)
- $484.7K
- Revenue growth (8-yr CAGR)
- -62.4%
- ROIC (10-yr avg)
- 116.6%
- Free cash flow (FY2025)
- —
KAVL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $484.7K | -$16.6M | -$1.51 | — | — | — |
| FY2024 | $6.9M | -$6.7M | -$1.62 | — | 432.7% | 206.2% |
| FY2023 | $13.1M | -$11.1M | -$4.13 | -$3.0M | 181.9% | 220.5% |
| FY2022 | $12.8M | -$14.4M | -$7.60 | — | 35.3% | 57.2% |
| FY2021 | $58.8M | -$9.0M | — | — | 6.8% | 142.8% |
| FY2020 | $64.3M | $3.8M | — | — | 2.8% | -43.9% |
| FY2019 | — | -$68.8K | — | — | — | — |
| FY2018 | — | -$4.4K | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Kaival Brands Innovations Group, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Kaival Brands Innovations Group, Inc. has earned high returns on invested capital, averaging 32.1% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Kaival Brands Innovations Group, 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, Kaival Brands Innovations Group, Inc. is modeled at -62.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $151.46 per share.