nCino, Inc. (NCNO) intrinsic value & 10-year financials
nCino, Inc. (NCNO) has a Graham intrinsic value of $1.66 per share. At $20.51 on Oct 17, 2026, the stock trades 1136% above that value. Over the last 8 fiscal years revenue grew 27.5% a year to $594.8M, with an average return on invested capital of -15.5%.
- Graham intrinsic value
- $1.66
- Share price (Oct 17, 2026)
- $20.51
- Price vs Graham value
- 1136% above
- Market cap
- $2.3B
- Revenue (FY2026)
- $594.8M
- Revenue growth (8-yr CAGR)
- 27.5%
- ROIC (10-yr avg)
- -15.5%
- Free cash flow (FY2026)
- $82.6M
NCNO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $594.8M | $5.2M | $0.05 | $82.6M | 0.6% | 0.4% |
| FY2025 | $540.7M | -$37.9M | -$0.33 | $53.4M | -3.4% | -1.7% |
| FY2024 | $476.5M | -$42.3M | -$0.38 | $53.8M | -8.3% | -3.9% |
| FY2023 | $408.3M | -$102.7M | -$0.93 | -$33.7M | -23.0% | -9.3% |
| FY2022 | $273.9M | -$49.4M | -$0.51 | -$24.7M | -26.1% | -8.8% |
| FY2021 | $204.3M | -$40.5M | -$0.46 | $4.9M | -20.9% | -61.1% |
| FY2020 | $138.2M | -$27.6M | -$0.35 | -$14.8M | -20.4% | -24.1% |
| FY2019 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
nCino, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
nCino, Inc. has historically struggled to out-earn its cost of capital, averaging just -15.5% ROIC.
nCino, 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, nCino, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.66 per share.