Mays J W Inc. (MAYS) intrinsic value & 10-year financials

Mays J W Inc. (MAYS) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 2.1% a year to $22.5M, with an average return on invested capital of 1.0%.

Graham intrinsic value
—
Share price (Oct 18, 2026)
$39.50
Market cap
$79.6M
Revenue (FY2025)
$22.5M
Revenue growth (10-yr CAGR)
2.1%
ROIC (10-yr avg)
1.0%
Free cash flow (FY2025)
$128.3K

MAYS 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $22.5M -$136.2K -$0.07 $128.3K -0.7% -0.2%
FY2024 $21.6M -$406.6K -$0.20 -$1.0M -2.9% -0.8%
FY2023 $22.6M -$83.0K -$0.04 $1.2M 1.0% 0.2%
FY2022 $21.4M -$712.4K -$0.35 -$44.3K -3.1% -0.8%
FY2021 $20.2M $398.0K — -$1.2M -4.1% -1.4%
FY2020 $19.5M -$906.0K — -$4.8M -6.3% -1.5%
FY2019 $20.5M $1.5M — -$873.0K 8.9% 2.5%
FY2018 $19.3M $3.0M — $143.0K 9.6% 4.0%
FY2017 $19.5M $1.9M — $1.9M 15.5% 4.6%
FY2016 $18.6M $1.5M — $1.5M 13.5% 3.8%

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

Executive summary

MAYS J W INC has demonstrated mature, steady growth, with revenue compounding at 2.1% annually over the past decade.

MAYS J W INC has historically struggled to out-earn its cost of capital, averaging just 1.0% ROIC.

Over the decade, MAYS J W INC shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, MAYS J W INC is modeled at 2.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.77 per share.

MAYS stock: frequently asked questions

What is the intrinsic value of Mays J W Inc. (MAYS) stock?

Graham's formula only works with positive earnings. Mays J W Inc. reported diluted EPS of -$0.07 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

How fast has Mays J W Inc. grown?

Revenue went from $18.6M in fiscal 2016 to $22.5M in fiscal 2025, a compound annual growth rate of 2.1%. Net income was -$136.2K in fiscal 2025.

Does Mays J W Inc. generate free cash flow?

Mays J W Inc. generated $128.3K of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 5 of the last 10 reported years.

What is MAYS's return on invested capital?

Average ROIC over the last 10 fiscal years was 1.0%, and average return on equity was 1.2%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this MAYS data come from?

From Mays J W Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jun 11, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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