Neptune Insurance Holdings Inc. (NP) intrinsic value & 10-year financials
Neptune Insurance Holdings Inc. (NP) has a Graham intrinsic value of $5.31 per share. At $29.36 on Oct 17, 2026, the stock trades 453% above that value. Over the last 4 fiscal years revenue grew 37.1% a year to $159.6M, with an average return on invested capital of -19.1%.
- Graham intrinsic value
- $5.31
- Share price (Oct 17, 2026)
- $29.36
- Price vs Graham value
- 453% above
- Market cap
- $3.1B
- Revenue (FY2025)
- $159.6M
- Revenue growth (4-yr CAGR)
- 37.1%
- ROIC (10-yr avg)
- -19.1%
- Free cash flow (FY2025)
- —
NP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $159.6M | $37.4M | -$0.26 | — | 44.5% | -20.8% |
| FY2024 | $119.3M | $34.6M | $0.16 | — | 57.4% | -21.3% |
| FY2023 | $84.9M | $17.9M | $0.10 | — | 53.5% | -15.3% |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Neptune Insurance Holdings Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Neptune Insurance Holdings Inc. has historically struggled to out-earn its cost of capital, averaging just -21.1% ROIC.
Neptune Insurance Holdings 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, Neptune Insurance Holdings Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $5.31 per share.