Palladyne Ai Corp. (PDYN) intrinsic value & 10-year financials

Palladyne Ai Corp. (PDYN) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 7 fiscal years revenue shrank 9.9% a year to $5.2M, with an average return on invested capital of 720.5%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$3.79
Market cap
$159.7M
Revenue (FY2025)
$5.2M
Revenue growth (7-yr CAGR)
-9.9%
ROIC (10-yr avg)
720.5%
Free cash flow (FY2025)
-$28.4M

PDYN 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $5.2M $10.0M $0.24 -$28.4M -617.7% -179.1%
FY2024 $7.8M -$72.6M -$2.71 -$22.9M -345.8% 2744.4%
FY2023 $6.1M -$115.6M -$4.51 -$77.4M -1968.0% -160.8%
FY2022 $14.6M -$157.1M -$1.07 -$66.9M -1215.2% -291.5%
FY2021 $5.1M -$81.5M -$0.72 -$46.8M -1595.9% 2575.2%
FY2020 $8.8M -$20.9M — -$17.8M -238.3% -365.3%
FY2019 — — — — — —

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

Executive summary

Palladyne AI Corp. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Palladyne AI Corp. has historically struggled to out-earn its cost of capital, averaging just 7.2% ROIC.

Palladyne AI Corp. 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, Palladyne AI Corp. is modeled at -9.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-2.32 per share.

PDYN stock: frequently asked questions

What is the intrinsic value of Palladyne Ai Corp. (PDYN) stock?

Graham's formula only works with positive earnings. Palladyne Ai Corp. reported diluted EPS of $0.24 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Palladyne Ai Corp. generate free cash flow?

Palladyne Ai Corp. generated -$28.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 6 reported years.

What is PDYN's return on invested capital?

Average ROIC over the last 7 fiscal years was 720.5%, and average return on equity was -180.8%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this PDYN data come from?

From Palladyne Ai Corp.'s annual 10-K filings on SEC EDGAR. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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