Motorsport Games Inc. (MSGM) intrinsic value & 10-year financials
Motorsport Games Inc. (MSGM) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue shrank 0.8% a year to $11.3M, with an average return on invested capital of -408.4%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $5.62
- Market cap
- $27.2M
- Revenue (FY2025)
- $11.3M
- Revenue growth (8-yr CAGR)
- -0.8%
- ROIC (10-yr avg)
- -408.4%
- Free cash flow (FY2025)
- $4.1M
MSGM 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $11.3M | $6.9M | $1.43 | $4.1M | 28.8% | -937.1% |
| FY2024 | $8.7M | -$2.8M | -$0.94 | -$2.9M | -20.1% | -516.1% |
| FY2023 | $6.9M | -$13.1M | $5.06 | -$12.9M | -280.9% | -1009.6% |
| FY2022 | $741.0K | $288.0K | $30.73 | -$19.8M | -4726.9% | 24.6% |
| FY2021 | $15.1M | -$33.2M | — | -$21.7M | -229.0% | -185.8% |
| FY2020 | $19.0M | -$1.8M | — | $3.9M | 0.0% | -136.1% |
| FY2019 | $11.9M | -$3.6M | — | -$4.5M | -43.7% | -98.7% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Motorsport Games Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Motorsport Games Inc. has historically struggled to out-earn its cost of capital, averaging just -33.8% ROIC.
Motorsport Games 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, Motorsport Games Inc. is modeled at -64.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-147.50 per share.