Research Solutions, Inc. (RSSS) intrinsic value & 10-year financials

Research Solutions, Inc. (RSSS) has a Graham intrinsic value of $0.57 per share. At $2.00 on Oct 17, 2026, the stock trades 251% above that value. Over the last 10 fiscal years revenue grew 4.0% a year to $49.1M, with an average return on invested capital of 195.5%.

Graham intrinsic value
$0.57
Share price (Oct 17, 2026)
$2.00
Price vs Graham value
251% above
Market cap
$63.0M
Revenue (FY2025)
$49.1M
Revenue growth (10-yr CAGR)
4.0%
ROIC (10-yr avg)
195.5%
Free cash flow (FY2025)
$7.0M

RSSS 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $49.1M $1.3M $0.04 $7.0M 5.1% 18.3%
FY2024 $44.6M -$3.8M -$0.13 $3.5M -1.7% -8.1%
FY2023 $37.7M $571.6K $0.02 $3.3M 0.6% 3.9%
FY2022 $32.9M -$1.6M -$0.06 -$461.5K -5.0% -31.7%
FY2021 $31.8M -$285.1K — $1.8M -0.9% 6.4%
FY2020 $31.1M -$662.2K — $2.4M -2.7% 25.5%
FY2019 $28.8M -$960.0K — $560.6K -4.4% 68.5%
FY2018 $28.0M -$1.7M — -$634.6K -7.0% 154.7%
FY2017 $25.7M -$2.3M — -$496.4K -12.0% 542.7%
FY2016 $34.4M -$497.9K -$0.03 $126.8K -1.2% 1174.6%

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

Executive summary

Research Solutions, Inc. has demonstrated mature, steady growth, with revenue compounding at 4.0% annually over the past decade.

Research Solutions, Inc. returns on capital have been average, hovering around 10.2% ROIC over the decade.

Research Solutions, 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, Research Solutions, Inc. is modeled at 4.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.57 per share.

RSSS stock: frequently asked questions

What is the intrinsic value of Research Solutions, Inc. (RSSS) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 4.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, RSSS's intrinsic value is about $0.57 per share.

Is RSSS stock undervalued?

At $2.00 (close on Oct 17, 2026), RSSS trades 251% above its Graham value of $0.57. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Research Solutions, Inc. grown?

Revenue went from $34.4M in fiscal 2016 to $49.1M in fiscal 2025, a compound annual growth rate of 4.0%. Net income was $1.3M in fiscal 2025.

Does Research Solutions, Inc. generate free cash flow?

Research Solutions, Inc. generated $7.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 7 of the last 10 reported years.

What is RSSS's return on invested capital?

Average ROIC over the last 10 fiscal years was 195.5%, and average return on equity was -20.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this RSSS data come from?

From Research Solutions, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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