Palatin Technologies Inc. (PTN) intrinsic value & 10-year financials
Palatin Technologies Inc. (PTN) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 28.0% a year to $0, with an average return on invested capital of 207.3%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $6.02
- Market cap
- $3.2M
- Revenue (FY2025)
- $0
- Revenue growth (10-yr CAGR)
- -28.0%
- ROIC (10-yr avg)
- 207.3%
- Free cash flow (FY2025)
- -$21.3M
PTN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $0 | -$17.3M | -$32.15 | -$21.3M | — | 206.3% |
| FY2024 | $4.5M | -$29.7M | -$101.16 | -$31.5M | -501.0% | 228.0% |
| FY2023 | $4.9M | -$27.5M | — | -$28.9M | -668.7% | 279.2% |
| FY2022 | $1.5M | -$36.2M | — | -$243.0K | -2491.6% | 324.6% |
| FY2021 | -$188.6K | -$33.6M | — | -$22.7M | 17701.3% | 595.7% |
| FY2020 | $118.0K | -$22.4M | -$0.10 | $41.3M | -20007.6% | -85.4% |
| FY2019 | $60.3M | $35.8M | $0.16 | -$21.8M | 59.3% | 154.3% |
| FY2018 | $67.1M | $24.7M | $0.12 | $1.7M | 38.6% | -103.8% |
| FY2017 | $44.7M | -$13.3M | -$0.07 | $12.7M | -23.6% | 41.9% |
| FY2016 | $0 | -$51.7M | -$0.33 | -$47.4M | — | 432.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
PALATIN TECHNOLOGIES INC revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
PALATIN TECHNOLOGIES INC has historically struggled to out-earn its cost of capital, averaging just -12.5% ROIC.
Over the decade, PALATIN TECHNOLOGIES INC shows that management has aggressively returned capital to shareholders by retiring 99.7% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, PALATIN TECHNOLOGIES INC is modeled at -28.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-6.55 per share.