Qdm International Inc. (QDMI) intrinsic value & 10-year financials
Qdm International Inc. (QDMI) has a Graham intrinsic value of $0.66 per share. At $10.00 on Oct 17, 2026, the stock trades 1415% above that value. Over the last 10 fiscal years revenue grew 15.0% a year to $8.4M, with an average return on invested capital of 15.4%.
- Graham intrinsic value
- $0.66
- Share price (Oct 17, 2026)
- $10.00
- Price vs Graham value
- 1415% above
- Market cap
- $2.4B
- Revenue (FY2025)
- $8.4M
- Revenue growth (10-yr CAGR)
- 15.0%
- ROIC (10-yr avg)
- 15.4%
- Free cash flow (FY2025)
- —
QDMI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $8.4M | $4.8M | $0.02 | — | 70.5% | -744.3% |
| FY2024 | $6.4M | $1.6M | $0.01 | $2.1M | 28.3% | -119.4% |
| FY2023 | $1.1M | $44.5K | $0.00 | -$5.7K | 3.7% | -5.8% |
| FY2022 | $69.0K | -$378.2K | -$0.06 | -$402.3K | -546.4% | 56.5% |
| FY2021 | $123.4K | -$307.7K | -$0.01 | — | -254.8% | 177.4% |
| FY2020 | $221.3K | -$489.0K | -$0.02 | — | -258.3% | 382.1% |
| FY2019 | — | -$467.2K | -$0.00 | — | — | 255.9% |
| FY2018 | — | -$61.4K | $0.00 | — | — | 83.5% |
| FY2017 | — | — | — | — | — | — |
| FY2014 | $2.4M | -$372.3K | — | -$171.7K | -15.1% | 53.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
QDM International Inc. is a consistent compounder, expanding top-line revenue at 15.0% annually over the past decade.
QDM International Inc. has historically struggled to out-earn its cost of capital, averaging just 7.6% ROIC.
QDM 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, QDM International Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.66 per share.