Medinotec Inc. (MDNC) intrinsic value & 10-year financials

Medinotec Inc. (MDNC) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue grew 113.5% a year to $9.7M, with an average return on invested capital of 163.8%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$5.00
Revenue (FY2026)
$9.7M
Revenue growth (6-yr CAGR)
113.5%
ROIC (10-yr avg)
163.8%
Free cash flow (FY2026)
$905.4K

MDNC 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $9.7M $794.5K — $905.4K 11.2% 72.3%
FY2025 $9.1M $2.2M — $788.8K 35.0% 700.0%
FY2024 $5.0M -$404.7K — $12.0K 12.0% -72.7%
FY2023 $999.6K -$352.7K — -$545.8K -46.6% -44.6%
FY2022 — — — — — —
FY2021 — — — — — —

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

Executive summary

Medinotec Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Medinotec Inc. has historically struggled to out-earn its cost of capital, averaging just -9.5% ROIC.

Medinotec 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, Medinotec Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment.

MDNC stock: frequently asked questions

Does Medinotec Inc. generate free cash flow?

Medinotec Inc. generated $905.4K of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 3 of the last 4 reported years.

What is MDNC's return on invested capital?

Average ROIC over the last 6 fiscal years was 163.8%, and average return on equity was 8.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this MDNC data come from?

From Medinotec Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jul 9, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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