Power Solutions INTERNATIONAL, Inc. (PSIX) intrinsic value & 10-year financials
Power Solutions INTERNATIONAL, Inc. (PSIX) has a Graham intrinsic value of $164.09 per share. At $46.07 on Oct 17, 2026, the stock trades 72% below that value. Over the last 10 fiscal years revenue grew 8.8% a year to $722.4M, with an average return on invested capital of -97.4%.
- Graham intrinsic value
- $164.09
- Share price (Oct 17, 2026)
- $46.07
- Price vs Graham value
- 72% below
- Market cap
- $1.1B
- Revenue (FY2025)
- $722.4M
- Revenue growth (10-yr CAGR)
- 8.8%
- ROIC (10-yr avg)
- -97.4%
- Free cash flow (FY2025)
- —
PSIX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $722.4M | $114.0M | $4.94 | — | 15.2% | 89.9% |
| FY2024 | $476.0M | $69.3M | $3.01 | — | 17.2% | -1001.3% |
| FY2023 | $459.0M | $26.3M | $1.15 | — | 9.6% | -113.4% |
| FY2022 | $481.3M | $11.3M | $0.49 | — | 5.1% | -66.9% |
| FY2021 | $456.3M | -$48.5M | -$2.12 | — | -9.1% | 228.0% |
| FY2020 | $417.6M | -$23.0M | -$1.00 | — | -5.2% | -42.1% |
| FY2019 | $546.1M | $8.2M | $0.38 | — | 3.2% | 23.6% |
| FY2018 | $496.0M | -$54.7M | -$2.94 | — | -7.4% | -59.6% |
| FY2017 | $416.6M | -$47.6M | -$6.20 | — | -4.3% | -15.3% |
| FY2016 | $339.5M | -$47.5M | -$4.47 | — | -7.5% | -16.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
POWER SOLUTIONS INTERNATIONAL, INC. is a consistent compounder, expanding top-line revenue at 8.8% annually over the past decade.
POWER SOLUTIONS INTERNATIONAL, INC. has historically struggled to out-earn its cost of capital, averaging just -20.8% ROIC.
POWER SOLUTIONS INTERNATIONAL, 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, POWER SOLUTIONS INTERNATIONAL, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $164.09 per share.