NETWORK-1 TECHNOLOGIES, Inc. (NTIP) intrinsic value & 10-year financials
NETWORK-1 TECHNOLOGIES, Inc. (NTIP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 49.1% a year to $150.0K, with an average return on invested capital of 5.7%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $1.55
- Market cap
- $35.4M
- Revenue (FY2025)
- $150.0K
- Revenue growth (10-yr CAGR)
- -49.1%
- ROIC (10-yr avg)
- 5.7%
- Free cash flow (FY2025)
- —
NTIP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $150.0K | -$2.4M | -$0.11 | — | -2204.0% | -6.8% |
| FY2024 | $100.0K | -$3.0M | -$0.13 | — | -3621.0% | -6.7% |
| FY2023 | $2.6M | -$1.5M | -$0.06 | — | -85.9% | -4.2% |
| FY2022 | — | -$2.3M | -$0.10 | — | — | -9.3% |
| FY2021 | $36.0M | $14.3M | $0.58 | — | 54.4% | 27.3% |
| FY2020 | $4.4M | -$1.7M | -$0.07 | — | -54.8% | -3.0% |
| FY2019 | $3.0M | -$1.8M | -$0.07 | — | -77.5% | -4.2% |
| FY2018 | $22.1M | $7.7M | $0.30 | — | 41.5% | 12.5% |
| FY2017 | $16.5M | $4.1M | $0.16 | — | 36.6% | 7.4% |
| FY2016 | $65.1M | $23.2M | $0.93 | — | 49.3% | 43.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
NETWORK-1 TECHNOLOGIES, INC. is facing top-line stagnation, with revenue contracting over the decade.
NETWORK-1 TECHNOLOGIES, INC. has historically struggled to out-earn its cost of capital, averaging just 5.7% ROIC.
NETWORK-1 TECHNOLOGIES, 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, NETWORK-1 TECHNOLOGIES, INC. is modeled at -49.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-44.86 per share.