NextPlat Corp (NXPLW) intrinsic value & 10-year financials
NextPlat Corp (NXPLW) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 31.2% a year to $54.3M, with an average return on invested capital of 334.8%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $54.3M
- Revenue growth (10-yr CAGR)
- 31.2%
- ROIC (10-yr avg)
- 334.8%
- Free cash flow (FY2025)
- -$6.2M
NXPLW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $54.3M | -$10.5M | -$0.44 | -$6.2M | -16.6% | -133.3% |
| FY2024 | $65.5M | -$14.0M | -$0.68 | -$5.7M | -36.1% | -279.4% |
| FY2023 | $37.8M | -$3.8M | -$0.22 | -$4.2M | -61.5% | -292.7% |
| FY2022 | $11.7M | -$9.2M | -$0.96 | -$4.3M | -61.5% | -95.6% |
| FY2021 | $7.7M | -$8.1M | — | -$4.3M | -85.6% | 5750.2% |
| FY2020 | $5.7M | -$2.8M | — | -$871.9K | -35.7% | -1163.6% |
| FY2019 | $5.9M | -$1.4M | — | -$729.4K | -18.9% | -180.4% |
| FY2018 | $5.7M | -$1.2M | — | -$620.5K | -19.7% | -69.8% |
| FY2017 | $6.0M | -$3.9M | -$8.10 | -$348.4K | -26.3% | -75.7% |
| FY2016 | $4.7M | -$2.6M | -$0.08 | -$1.1M | -34.7% | -112.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
NextPlat Corp is a consistent compounder, expanding top-line revenue at 31.3% annually over the past decade.
NextPlat Corp has historically struggled to out-earn its cost of capital, averaging just -44.8% ROIC.
Over the decade, NextPlat Corp shows that management has aggressively returned capital to shareholders by retiring 22.6% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, NextPlat Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-14.61 per share.