Orasure Technologies Inc. (OSUR) intrinsic value & 10-year financials
Orasure Technologies Inc. (OSUR) has a Graham intrinsic value of $3.79 per share. At $3.61 on Oct 17, 2026, the stock trades 5% below that value. Over the last 10 fiscal years revenue shrank 1.2% a year to $115.0M, with an average return on invested capital of -2.8%.
- Graham intrinsic value
- $3.79
- Share price (Oct 17, 2026)
- $3.61
- Price vs Graham value
- 5% below
- Market cap
- $265.3M
- Revenue (FY2025)
- $115.0M
- Revenue growth (10-yr CAGR)
- -1.2%
- ROIC (10-yr avg)
- -2.8%
- Free cash flow (FY2025)
- -$53.2M
OSUR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $115.0M | -$68.7M | -$0.94 | -$53.2M | -62.6% | -46.8% |
| FY2024 | $185.8M | -$19.5M | -$0.26 | $23.6M | -15.2% | -18.4% |
| FY2023 | $405.5M | $53.7M | $0.72 | $135.8M | 8.1% | 14.1% |
| FY2022 | $387.5M | -$17.9M | -$0.25 | -$54.0M | -5.9% | -8.2% |
| FY2021 | $233.7M | -$23.0M | -$0.32 | -$72.0M | -4.3% | -3.9% |
| FY2020 | $171.7M | -$14.9M | -$0.22 | -$20.9M | -3.0% | -2.2% |
| FY2019 | $154.6M | $16.7M | $0.27 | $490.0K | 12.0% | 6.1% |
| FY2018 | $181.7M | $20.4M | $0.33 | $32.7M | 15.6% | 6.8% |
| FY2017 | $167.1M | $30.9M | $0.51 | $23.8M | 24.1% | 13.7% |
| FY2016 | $128.2M | $19.7M | $0.35 | $20.2M | 15.8% | 10.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ORASURE TECHNOLOGIES INC is facing top-line stagnation, with revenue contracting over the decade.
ORASURE TECHNOLOGIES INC has historically struggled to out-earn its cost of capital, averaging just -8.5% ROIC.
ORASURE 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, ORASURE TECHNOLOGIES INC is modeled at -1.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.79 per share.