Lantronix Inc. (LTRX) intrinsic value & 10-year financials
Lantronix Inc. (LTRX) has a Graham intrinsic value of $1.20 per share. At $5.61 on Oct 17, 2026, the stock trades 368% above that value. Over the last 10 fiscal years revenue grew 13.1% a year to $122.9M, with an average return on invested capital of -8.7%.
- Graham intrinsic value
- $1.20
- Share price (Oct 17, 2026)
- $5.61
- Price vs Graham value
- 368% above
- Market cap
- $216.6M
- Revenue (FY2025)
- $122.9M
- Revenue growth (10-yr CAGR)
- 13.1%
- ROIC (10-yr avg)
- -8.7%
- Free cash flow (FY2025)
- $6.8M
LTRX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $122.9M | -$11.4M | -$0.29 | $6.8M | -8.9% | -15.7% |
| FY2024 | $160.3M | -$4.5M | -$0.12 | $17.1M | -1.8% | -3.7% |
| FY2023 | $131.2M | -$9.0M | -$0.25 | -$2.4M | -5.1% | -8.3% |
| FY2022 | $129.7M | -$5.4M | -$0.16 | -$11.5M | -3.9% | -8.4% |
| FY2021 | $71.5M | -$4.0M | -$0.14 | $3.5M | -4.7% | -7.8% |
| FY2020 | $59.9M | -$10.7M | — | -$3.1M | -17.6% | -32.5% |
| FY2019 | $46.9M | -$408.0K | -$0.02 | -$2.6M | -1.0% | -2.6% |
| FY2018 | $45.6M | $680.0K | $0.04 | $280.0K | 1.8% | 3.2% |
| FY2017 | $44.7M | -$277.0K | -$0.02 | $1.8M | -0.4% | -0.9% |
| FY2016 | $40.6M | -$2.0M | — | -$357.0K | -4.7% | -9.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
LANTRONIX INC is a consistent compounder, expanding top-line revenue at 13.1% annually over the past decade.
LANTRONIX INC has historically struggled to out-earn its cost of capital, averaging just -8.7% ROIC.
LANTRONIX 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, LANTRONIX INC is modeled at 13.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.20 per share.