Ncr Voyix Corp. (NCRRP) intrinsic value & 10-year financials
Ncr Voyix Corp. (NCRRP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 9.4% a year to $2.7B, with an average return on invested capital of 5.7%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $2.7B
- Revenue growth (10-yr CAGR)
- -9.4%
- ROIC (10-yr avg)
- 5.7%
- Free cash flow (FY2025)
- -$375.0M
NCRRP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.7B | $62.0M | $0.30 | -$375.0M | 1.0% | 0.7% |
| FY2024 | $2.8B | $958.0M | $6.52 | -$162.0M | -1.3% | -1.8% |
| FY2023 | $3.8B | -$423.0M | -$3.12 | $564.0M | 1.0% | 0.8% |
| FY2022 | $7.8B | $60.0M | $0.31 | $355.0M | 6.2% | 3.6% |
| FY2021 | $7.2B | $97.0M | $0.58 | $971.0M | 6.6% | 4.3% |
| FY2020 | $6.2B | -$79.0M | -$0.86 | $610.0M | 3.6% | 3.0% |
| FY2019 | $6.9B | $564.0M | $3.36 | $537.0M | 8.8% | 16.0% |
| FY2018 | $6.4B | -$88.0M | -$1.16 | $429.0M | 3.0% | 6.1% |
| FY2017 | $6.5B | $232.0M | $0.97 | $627.0M | 10.4% | 10.5% |
| FY2016 | $6.5B | $270.0M | $1.71 | $821.0M | 9.2% | 13.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
NCR Voyix Corp is facing top-line stagnation, with revenue contracting over the decade.
NCR Voyix Corp has historically struggled to out-earn its cost of capital, averaging just 5.7% ROIC.
NCR Voyix Corp 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, NCR Voyix Corp is modeled at -17.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-6.90 per share.