Royale Energy, Inc. (ROYL) intrinsic value & 10-year financials
Royale Energy, Inc. (ROYL) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 8.6% a year to $1.9M, with an average return on invested capital of -0.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $0.08
- Market cap
- $7.7M
- Revenue (FY2025)
- $1.9M
- Revenue growth (10-yr CAGR)
- 8.6%
- ROIC (10-yr avg)
- -0.2%
- Free cash flow (FY2025)
- -$4.2M
ROYL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.9M | -$1.3M | -$0.01 | -$4.2M | -46.9% | 8.7% |
| FY2024 | $2.2M | -$2.2M | -$0.05 | — | -84.0% | 7.8% |
| FY2023 | $2.2M | -$1.8M | -$0.04 | — | -89.9% | 5.4% |
| FY2022 | $2.6M | -$145.6K | -$0.02 | — | -27.6% | 2.2% |
| FY2021 | $1.7M | -$3.6M | -$0.06 | — | -213.3% | 12.1% |
| FY2020 | $1.6M | -$8.1M | -$0.17 | — | -168.4% | 19.5% |
| FY2019 | $3.0M | -$348.4K | -$0.02 | — | -28.5% | -178.6% |
| FY2018 | $3.3M | -$23.5M | -$0.55 | — | -97.6% | 89.1% |
| FY2017 | $1.0M | -$2.4M | -$0.06 | — | -232.4% | 32.4% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Royale Energy, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Royale Energy, Inc. has earned high returns on invested capital, averaging 19.5% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Royale Energy, 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, Royale Energy, Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.21 per share.