Pineapple Express Cannabis Co. (PNXP) intrinsic value & 10-year financials
Pineapple Express Cannabis Co. (PNXP) has a Graham intrinsic value of $0.12 per share. Over the last 9 fiscal years revenue grew 2.7% a year to $16.2K, with an average return on invested capital of 35.6%.
- Graham intrinsic value
- $0.12
- Share price (Oct 17, 2026)
- $0.00
- Market cap
- $32.5K
- Revenue (FY2025)
- $16.2K
- Revenue growth (9-yr CAGR)
- 2.7%
- ROIC (10-yr avg)
- 35.6%
- Free cash flow (FY2025)
- —
PNXP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $16.2K | -$31.2K | — | — | -104.3% | 187.2% |
| FY2024 | $0 | -$59.5K | $0.01 | — | — | 21.2% |
| FY2023 | $5.4K | -$44.4K | $0.00 | — | -303.0% | 18.3% |
| FY2022 | $7.8K | -$46.1K | — | — | 594.6% | -214.4% |
| FY2021 | $30.2K | -$19.5K | — | -$31.7K | 64.5% | 156.3% |
| FY2020 | $42.7K | -$2.3K | — | -$22.9K | -5.4% | 25.7% |
| FY2019 | $13.8K | -$4.0K | — | — | — | 54.6% |
| FY2018 | — | — | — | — | — | — |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
PINEAPPLE EXPRESS CANNABIS Co revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
PINEAPPLE EXPRESS CANNABIS Co has earned high returns on invested capital, averaging 17.3% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
PINEAPPLE EXPRESS CANNABIS Co 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, PINEAPPLE EXPRESS CANNABIS Co is modeled at 2.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.12 per share.