Radiant LOGISTICS, Inc. (RLGT) intrinsic value & 10-year financials

Radiant LOGISTICS, Inc. (RLGT) has a Graham intrinsic value of $11.63 per share. At $8.99 on Oct 17, 2026, the stock trades 23% below that value. Over the last 10 fiscal years revenue grew 1.6% a year to $902.7M, with an average return on invested capital of 8.0%.

Graham intrinsic value
$11.63
Share price (Oct 17, 2026)
$8.99
Price vs Graham value
23% below
Market cap
$438.1M
Revenue (FY2025)
$902.7M
Revenue growth (10-yr CAGR)
1.6%
ROIC (10-yr avg)
8.0%
Free cash flow (FY2025)
$8.1M

RLGT 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $902.7M $17.3M $0.35 $8.1M 2.3% 7.2%
FY2024 $802.5M $7.7M $0.16 $8.7M 1.2% 3.4%
FY2023 $1.1B $20.6M $0.42 $90.3M 2.6% 8.4%
FY2022 $1.5B $44.5M $0.88 $17.4M 4.0% 18.5%
FY2021 $889.1M $22.9M $0.45 $2.7M 2.9% 11.0%
FY2020 $855.2M $10.5M $0.21 $24.7M 2.0% 8.3%
FY2019 $890.5M $16.3M $0.27 $33.4M 2.8% 11.4%
FY2018 $842.4M $10.2M $0.16 -$976.0K 1.6% 7.9%
FY2017 $777.6M $4.9M $0.06 $9.9M 1.3% 3.9%
FY2016 $782.5M -$3.5M -$0.11 $17.7M -0.0% -0.2%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

RADIANT LOGISTICS, INC has demonstrated mature, steady growth, with revenue compounding at 1.6% annually over the past decade.

RADIANT LOGISTICS, INC returns on capital have been average, hovering around 8.0% ROIC over the decade.

RADIANT LOGISTICS, 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, RADIANT LOGISTICS, INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $11.63 per share.

RLGT stock: frequently asked questions

What is the intrinsic value of Radiant LOGISTICS, Inc. (RLGT) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, RLGT's intrinsic value is about $11.63 per share.

Is RLGT stock undervalued?

At $8.99 (close on Oct 17, 2026), RLGT trades 23% below its Graham value of $11.63. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has Radiant LOGISTICS, Inc. grown?

Revenue went from $782.5M in fiscal 2016 to $902.7M in fiscal 2025, a compound annual growth rate of 1.6%. Net income was $17.3M in fiscal 2025.

Does Radiant LOGISTICS, Inc. generate free cash flow?

Radiant LOGISTICS, Inc. generated $8.1M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 9 of the last 10 reported years.

What is RLGT's return on invested capital?

Average ROIC over the last 10 fiscal years was 8.0%, and average return on equity was 9.2%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this RLGT data come from?

From Radiant LOGISTICS, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 11, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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