Phreesia, Inc. (PHR) intrinsic value & 10-year financials
Phreesia, Inc. (PHR) has a Graham intrinsic value of $1.33 per share. At $10.94 on Oct 17, 2026, the stock trades 723% above that value. Over the last 10 fiscal years revenue grew 24.7% a year to $467.8M, with an average return on invested capital of -48.1%.
- Graham intrinsic value
- $1.33
- Share price (Oct 17, 2026)
- $10.94
- Price vs Graham value
- 723% above
- Market cap
- $672.8M
- Revenue (FY2026)
- $467.8M
- Revenue growth (10-yr CAGR)
- 24.7%
- ROIC (10-yr avg)
- -48.1%
- Free cash flow (FY2026)
- $67.7M
PHR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $467.8M | $2.3M | $0.04 | $67.7M | -1.4% | -1.2% |
| FY2025 | $410.5M | -$58.5M | -$1.02 | $23.7M | -14.2% | -31.2% |
| FY2024 | $346.0M | -$136.9M | -$2.51 | -$38.2M | -39.4% | -92.7% |
| FY2023 | $280.9M | -$176.1M | -$3.36 | -$94.9M | -62.9% | -149.8% |
| FY2022 | $213.2M | -$118.2M | -$2.37 | -$93.1M | -54.8% | -135.4% |
| FY2021 | $148.7M | -$27.3M | -$0.69 | -$8.4M | -17.3% | -56.3% |
| FY2020 | $124.8M | -$20.3M | -$2.25 | -$6.2M | -12.3% | 18.9% |
| FY2019 | $99.9M | -$15.1M | — | -$6.9M | -9.5% | 5.1% |
| FY2018 | $79.8M | -$18.2M | — | -$17.7M | -18.2% | 9.8% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Phreesia, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Phreesia, Inc. has historically struggled to out-earn its cost of capital, averaging just -48.1% ROIC.
Phreesia, Inc. 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, Phreesia, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.33 per share.