Perrigo Co. PLC (PRGO) intrinsic value & 10-year financials
Perrigo Co. PLC (PRGO) has a Graham intrinsic value of $3.45 per share. At $16.63 on Oct 17, 2026, the stock trades 382% above that value. Over the last 10 fiscal years revenue shrank 2.4% a year to $4.3B, with an average return on invested capital of -1.7%.
- Graham intrinsic value
- $3.45
- Share price (Oct 17, 2026)
- $16.63
- Price vs Graham value
- 382% above
- Market cap
- $2.3B
- Revenue (FY2025)
- $4.3B
- Revenue growth (10-yr CAGR)
- -2.4%
- ROIC (10-yr avg)
- -1.7%
- Free cash flow (FY2025)
- $145.1M
PRGO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.3B | -$1.4B | -$10.29 | $145.1M | -26.4% | -16.3% |
| FY2024 | $4.4B | -$171.8M | -$1.25 | $244.6M | 2.6% | 1.4% |
| FY2023 | $4.7B | -$12.7M | -$0.09 | $303.8M | 3.3% | 1.4% |
| FY2022 | $4.5B | -$140.6M | -$1.04 | $210.9M | 1.8% | 1.0% |
| FY2021 | $4.1B | -$68.9M | -$0.52 | $4.2M | 9.9% | 2.6% |
| FY2020 | $5.1B | -$162.6M | -$1.19 | $465.8M | 2.3% | 1.3% |
| FY2019 | $4.8B | $146.1M | $1.07 | $250.1M | 4.2% | 2.0% |
| FY2018 | $4.7B | $131.0M | $0.95 | $490.4M | 5.0% | 1.4% |
| FY2017 | $4.9B | $119.6M | $0.84 | $610.3M | 12.1% | 3.0% |
| FY2016 | $5.3B | -$4.0B | -$28.01 | $548.7M | -37.9% | -14.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
PERRIGO Co plc is facing top-line stagnation, with revenue contracting over the decade.
PERRIGO Co plc has historically struggled to out-earn its cost of capital, averaging just -1.7% ROIC.
PERRIGO Co plc 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, PERRIGO Co plc is modeled at -2.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.45 per share.