Patria Investments Ltd. (PAX) intrinsic value & 10-year financials
Patria Investments Ltd. (PAX) has a Graham intrinsic value of $6.24 per share. Over the last 8 fiscal years revenue grew 23.5% a year to $374.2M, with an average return on invested capital of 44.3%.
- Graham intrinsic value
- $6.24
- Revenue (FY2024)
- $374.2M
- Revenue growth (8-yr CAGR)
- 23.5%
- ROIC (10-yr avg)
- 44.3%
- Free cash flow (FY2024)
- $142.3M
PAX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2024 | $374.2M | $75.7M | $0.47 | $142.3M | — | 15.0% |
| FY2023 | $327.6M | $120.8M | $0.80 | $150.9M | — | 23.4% |
| FY2022 | $258.9M | $94.1M | $0.63 | $75.6M | — | 17.5% |
| FY2021 | $235.5M | $121.2M | $0.90 | $106.0M | 51.7% | 39.0% |
| FY2020 | $115.0M | $61.8M | $0.53 | $52.5M | 56.7% | 83.9% |
| FY2019 | $123.2M | $60.9M | — | $44.3M | 52.4% | 73.1% |
| FY2018 | $105.7M | $44.5M | — | $38.5M | 44.0% | 58.0% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Patria Investments Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Patria Investments Ltd 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
Patria Investments Ltd 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, Patria Investments Ltd is modeled at 3.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $6.24 per share.