Remitly Global, Inc. (RELY) intrinsic value & 10-year financials
Remitly Global, Inc. (RELY) has a Graham intrinsic value of $10.30 per share. At $24.16 on Oct 17, 2026, the stock trades 135% above that value. Over the last 8 fiscal years revenue grew 53.2% a year to $1.6B, with an average return on invested capital of -16.0%.
- Graham intrinsic value
- $10.30
- Share price (Oct 17, 2026)
- $24.16
- Price vs Graham value
- 135% above
- Market cap
- $5.3B
- Revenue (FY2025)
- $1.6B
- Revenue growth (8-yr CAGR)
- 53.2%
- ROIC (10-yr avg)
- -16.0%
- Free cash flow (FY2025)
- $295.7M
RELY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.6B | $67.9M | $0.31 | $295.7M | 4.7% | 17.9% |
| FY2024 | $1.3B | -$37.0M | -$0.19 | $188.5M | -3.1% | -12.0% |
| FY2023 | $944.3M | -$117.8M | -$0.65 | -$56.4M | -12.1% | -43.3% |
| FY2022 | $653.6M | -$114.0M | -$0.68 | -$108.8M | -18.5% | -91.3% |
| FY2021 | $458.6M | -$38.8M | -$0.64 | -$20.3M | -8.7% | 25.3% |
| FY2020 | $257.0M | -$32.6M | -$1.52 | -$116.3M | -11.4% | 7.4% |
| FY2019 | $126.6M | -$51.4M | -$2.98 | $3.4M | -40.0% | — |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Remitly Global, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Remitly Global, Inc. has historically struggled to out-earn its cost of capital, averaging just -16.0% ROIC.
Remitly Global, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Remitly Global, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $10.30 per share.