NOCERA, Inc. (NCRA) intrinsic value & 10-year financials
NOCERA, Inc. (NCRA) has a Graham intrinsic value of $5.95 per share. At $1.64 on Oct 17, 2026, the stock trades 72% below that value. Over the last 10 fiscal years revenue grew 16.0% a year to $13.6M, with an average return on invested capital of -71.9%.
- Graham intrinsic value
- $5.95
- Share price (Oct 17, 2026)
- $1.64
- Price vs Graham value
- 72% below
- Market cap
- $23.5M
- Revenue (FY2025)
- $13.6M
- Revenue growth (10-yr CAGR)
- 16.0%
- ROIC (10-yr avg)
- -71.9%
- Free cash flow (FY2025)
- —
NCRA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $13.6M | -$2.9M | -$0.21 | — | — | -77.4% |
| FY2024 | $17.0M | -$2.4M | -$0.18 | -$1.6M | — | -83.1% |
| FY2023 | $23.9M | -$4.3M | -$0.44 | -$1.9M | -18.4% | -225.8% |
| FY2022 | $16.3M | -$4.8M | -$0.61 | -$1.9M | -31.7% | -95.4% |
| FY2021 | $9.9M | -$9.6M | -$1.05 | $226.7K | -95.3% | -258.9% |
| FY2020 | $1.2M | -$632.4K | -$0.05 | -$187.0K | -58.3% | -38.9% |
| FY2019 | $456.9K | -$1.3M | -$0.10 | $95.8K | -302.2% | -99.6% |
| FY2018 | $4.8M | $1.8M | $0.18 | -$860.7K | 52.0% | 197.8% |
| FY2017 | $0 | -$1.2K | -$0.00 | -$105.0K | — | 33.9% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
NOCERA, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
NOCERA, INC. has historically struggled to out-earn its cost of capital, averaging just -40.4% ROIC.
NOCERA, 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, NOCERA, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $5.95 per share.