Navan, Inc. (NAVN) intrinsic value & 10-year financials
Navan, Inc. (NAVN) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue grew 32.1% a year to $702.3M, with an average return on invested capital of -113.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $25.38
- Market cap
- $2.5B
- Revenue (FY2026)
- $702.3M
- Revenue growth (4-yr CAGR)
- 32.1%
- ROIC (10-yr avg)
- -113.2%
- Free cash flow (FY2026)
- $32.8M
NAVN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $702.3M | -$398.0M | -$4.07 | $32.8M | -28.0% | -380.8% |
| FY2025 | $536.8M | -$181.1M | -$4.00 | -$51.4M | -20.1% | 15.7% |
| FY2024 | $402.3M | -$331.6M | -$7.44 | -$166.9M | -61.2% | 25.6% |
| FY2023 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Navan, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Navan, Inc. returns on capital have been average, hovering around 12.5% ROIC over the decade.
Navan, 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, Navan, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-135.19 per share.