Nurix Therapeutics, Inc. (NRIX) intrinsic value & 10-year financials

Nurix Therapeutics, Inc. (NRIX) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 18.0% a year to $84.0M, with an average return on invested capital of -46.2%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$24.42
Market cap
$2.1B
Revenue (FY2025)
$84.0M
Revenue growth (8-yr CAGR)
18.0%
ROIC (10-yr avg)
-46.2%
Free cash flow (FY2025)
-$263.5M

NRIX 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $84.0M -$264.5M -$3.05 -$263.5M -340.2% -73.1%
FY2024 $54.5M -$193.6M -$2.88 -$181.9M -390.5% -70.3%
FY2023 $77.0M -$143.9M -$2.65 -$89.8M -201.4% -74.8%
FY2022 $38.6M -$180.4M -$3.71 -$172.1M -476.0% -71.2%
FY2021 $29.8M -$117.2M -$2.73 -$90.0M -396.3% -43.5%
FY2020 $17.8M -$43.2M — -$4.6M -364.7% -37.9%
FY2019 $31.1M -$21.7M — -$1.1M -71.5% 47.0%
FY2018 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Nurix Therapeutics, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Nurix Therapeutics, Inc. has historically struggled to out-earn its cost of capital, averaging just -46.2% ROIC.

Nurix Therapeutics, 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, Nurix Therapeutics, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-101.31 per share.

NRIX stock: frequently asked questions

What is the intrinsic value of Nurix Therapeutics, Inc. (NRIX) stock?

Graham's formula only works with positive earnings. Nurix Therapeutics, Inc. reported diluted EPS of -$3.05 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Nurix Therapeutics, Inc. generate free cash flow?

Nurix Therapeutics, Inc. generated -$263.5M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 7 reported years.

What is NRIX's return on invested capital?

Average ROIC over the last 8 fiscal years was -46.2%, and average return on equity was -34.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this NRIX data come from?

From Nurix Therapeutics, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jul 9, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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