Precision Optics CORPORATION, Inc. (POCI) intrinsic value & 10-year financials
Precision Optics CORPORATION, Inc. (POCI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 19.2% a year to $19.1M, with an average return on invested capital of -71.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $4.32
- Market cap
- $29.3M
- Revenue (FY2025)
- $19.1M
- Revenue growth (10-yr CAGR)
- 19.2%
- ROIC (10-yr avg)
- -71.2%
- Free cash flow (FY2025)
- -$3.8M
POCI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $19.1M | -$5.8M | -$0.85 | -$3.8M | -29.1% | -45.7% |
| FY2024 | $19.1M | -$3.0M | -$0.49 | -$3.0M | -14.3% | -22.8% |
| FY2023 | $21.0M | -$144.6K | -$0.03 | -$97.9K | -3.0% | -5.5% |
| FY2022 | $15.7M | -$928.4K | -$0.06 | -$1.0M | -9.7% | -21.8% |
| FY2021 | $10.7M | -$102.8K | -$0.01 | -$29.4K | -8.5% | -41.0% |
| FY2020 | $9.9M | -$1.4M | — | -$711.6K | -14.3% | -102.1% |
| FY2019 | $6.8M | -$614.9K | -$0.05 | -$1.2M | -9.0% | -56.3% |
| FY2018 | $4.0M | -$351.4K | -$0.04 | $96.2K | -8.6% | -62.1% |
| FY2017 | $3.2M | -$1.0M | -$0.12 | -$695.2K | -31.8% | -175.0% |
| FY2016 | $3.9M | -$1.0M | -$0.15 | -$880.7K | -26.9% | -179.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
PRECISION OPTICS CORPORATION, INC. is a consistent compounder, expanding top-line revenue at 19.2% annually over the past decade.
PRECISION OPTICS CORPORATION, INC. has historically struggled to out-earn its cost of capital, averaging just -36.1% ROIC.
PRECISION OPTICS CORPORATION, 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, PRECISION OPTICS CORPORATION, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-28.23 per share.