Npk International Inc. (NPKI) intrinsic value & 10-year financials
Npk International Inc. (NPKI) has a Graham intrinsic value of $6.14 per share. At $10.77 on Oct 17, 2026, the stock trades 75% above that value. Over the last 10 fiscal years revenue shrank 5.7% a year to $277.0M, with an average return on invested capital of 1.4%.
- Graham intrinsic value
- $6.14
- Share price (Oct 17, 2026)
- $10.77
- Price vs Graham value
- 75% above
- Market cap
- $923.2M
- Revenue (FY2025)
- $277.0M
- Revenue growth (10-yr CAGR)
- -5.7%
- ROIC (10-yr avg)
- 1.4%
- Free cash flow (FY2025)
- $26.3M
NPKI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $277.0M | $38.9M | $0.45 | $26.3M | 16.9% | 10.1% |
| FY2024 | $217.5M | -$150.3M | -$1.72 | -$5.4M | 14.9% | 7.9% |
| FY2023 | $749.6M | $14.5M | $0.16 | $70.8M | 4.5% | 4.1% |
| FY2022 | $815.6M | -$20.8M | -$0.22 | -$53.3M | -1.1% | -1.8% |
| FY2021 | $614.8M | -$25.5M | -$0.28 | -$24.8M | -1.4% | -1.7% |
| FY2020 | $492.6M | -$80.7M | -$0.89 | $40.0M | -16.0% | -11.7% |
| FY2019 | $820.1M | -$12.9M | -$0.14 | $27.5M | 1.3% | 1.5% |
| FY2018 | $946.5M | $32.3M | $0.35 | $18.3M | 6.7% | 6.5% |
| FY2017 | $747.8M | -$6.1M | -$0.07 | $7.0M | 4.2% | 5.2% |
| FY2016 | $471.5M | -$40.7M | -$0.49 | -$27.3M | -12.1% | -6.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
NPK International Inc. is facing top-line stagnation, with revenue contracting over the decade.
NPK International Inc. has historically struggled to out-earn its cost of capital, averaging just 1.4% ROIC.
NPK International Inc. 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, NPK International Inc. is modeled at 3.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $6.14 per share.