Mimedx GROUP, Inc. (MDXG) intrinsic value & 10-year financials
Mimedx GROUP, Inc. (MDXG) has a Graham intrinsic value of $9.30 per share. At $4.43 on Oct 17, 2026, the stock trades 52% below that value. Over the last 10 fiscal years revenue grew 7.3% a year to $418.6M, with an average return on invested capital of 75.7%.
- Graham intrinsic value
- $9.30
- Share price (Oct 17, 2026)
- $4.43
- Price vs Graham value
- 52% below
- Market cap
- $663.3M
- Revenue (FY2025)
- $418.6M
- Revenue growth (10-yr CAGR)
- 7.3%
- ROIC (10-yr avg)
- 75.7%
- Free cash flow (FY2025)
- —
MDXG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $418.6M | $48.6M | $0.32 | — | 15.3% | 41.8% |
| FY2024 | $348.9M | $42.4M | $0.28 | — | 16.9% | 38.8% |
| FY2023 | $321.5M | $58.2M | $0.37 | $24.8M | 11.5% | 95.4% |
| FY2022 | $267.8M | -$30.2M | -$0.33 | -$19.4M | -9.3% | 73.6% |
| FY2021 | $258.6M | -$10.3M | -$0.15 | -$5.2M | -1.9% | 12.5% |
| FY2020 | $248.2M | -$49.3M | -$0.77 | — | -18.3% | 637.8% |
| FY2019 | $299.3M | -$25.6M | -$0.24 | — | -7.1% | -110.1% |
| FY2018 | $359.1M | -$30.0M | -$0.28 | — | -1.1% | -86.5% |
| FY2017 | $321.1M | $64.7M | $0.56 | — | 14.4% | 44.7% |
| FY2016 | $221.7M | $12.0M | $0.11 | — | 8.3% | 9.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MIMEDX GROUP, INC. has demonstrated mature, steady growth, with revenue compounding at 7.3% annually over the past decade.
MIMEDX GROUP, INC. returns on capital have been average, hovering around 12.6% ROIC over the decade.
MIMEDX GROUP, INC. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MIMEDX GROUP, INC. is modeled at 12.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $9.30 per share.