Pyxis Tankers Inc. (PXS) intrinsic value & 10-year financials
Pyxis Tankers Inc. (PXS) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 2.8% a year to $39.0M, with an average return on invested capital of 0.6%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $39.0M
- Revenue growth (10-yr CAGR)
- 2.8%
- ROIC (10-yr avg)
- 0.6%
- Free cash flow (FY2025)
- —
PXS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $39.0M | $2.0M | $0.19 | — | 15.2% | 1.3% |
| FY2024 | $51.5M | $12.9M | $0.91 | -$26.1M | 32.4% | 9.2% |
| FY2023 | $45.5M | $37.0M | $2.94 | -$7.1M | 92.1% | 30.7% |
| FY2022 | $58.3M | $13.4M | $1.06 | $5.3M | 29.7% | 11.3% |
| FY2021 | $25.3M | -$12.3M | -$1.43 | -$43.9M | -33.6% | -12.3% |
| FY2020 | $21.7M | -$6.9M | -$1.30 | -$13.5M | -8.9% | -8.1% |
| FY2019 | $27.8M | -$8.3M | — | $5.1M | -9.1% | -8.7% |
| FY2018 | $28.5M | -$8.2M | — | — | -28.2% | -7.6% |
| FY2017 | $29.6M | -$5.2M | — | — | -7.9% | -4.5% |
| FY2016 | $30.4M | -$5.8M | — | — | -9.9% | -4.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Pyxis Tankers Inc. has demonstrated mature, steady growth, with revenue compounding at 2.8% annually over the past decade.
Pyxis Tankers Inc. has historically struggled to out-earn its cost of capital, averaging just 0.6% ROIC.
Over the decade, Pyxis Tankers Inc. shows that management has aggressively returned capital to shareholders by retiring 43.0% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Pyxis Tankers Inc. is modeled at -43.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-12.91 per share.