Science Applications International Corp. (SAIC) intrinsic value & 10-year financials

Science Applications International Corp. (SAIC) has a Graham intrinsic value of $162.76 per share. At $133.07 on Oct 17, 2026, the stock trades 18% below that value. Over the last 10 fiscal years revenue grew 5.6% a year to $7.3B, with an average return on invested capital of 11.5%.

Graham intrinsic value
$162.76
Share price (Oct 17, 2026)
$133.07
Price vs Graham value
18% below
Market cap
$6.2B
Revenue (FY2026)
$7.3B
Revenue growth (10-yr CAGR)
5.6%
ROIC (10-yr avg)
11.5%
Free cash flow (FY2026)
$577.0M

SAIC 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $7.3B $358.0M $7.70 $577.0M 7.2% 12.2%
FY2025 $7.5B $362.0M $7.17 $458.0M 7.5% 12.1%
FY2024 $7.4B $477.0M $8.88 $369.0M 10.0% 14.2%
FY2023 $7.7B $300.0M $5.38 $507.0M 6.5% 9.7%
FY2022 $7.4B $277.0M $4.77 $482.0M 6.2% 8.6%
FY2021 $7.1B $209.0M $3.56 $709.0M 5.5% 8.2%
FY2020 $6.4B $226.0M $3.83 $437.0M 5.8% 8.9%
FY2019 $4.7B $137.0M $3.11 $156.0M 4.7% 7.8%
FY2018 $4.5B $179.0M $4.02 $195.0M 5.7% 17.9%
FY2017 $4.4B $148.0M $3.22 $258.0M 6.1% 15.3%

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

Executive summary

Science Applications International Corp has demonstrated mature, steady growth, with revenue compounding at 5.6% annually over the past decade.

Science Applications International Corp returns on capital have been average, hovering around 11.5% ROIC over the decade.

Over the decade, Science Applications International Corp shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Science Applications International Corp is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $162.76 per share.

SAIC stock: frequently asked questions

What is the intrinsic value of Science Applications International Corp. (SAIC) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 8.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, SAIC's intrinsic value is about $162.76 per share.

Is SAIC stock undervalued?

At $133.07 (close on Oct 17, 2026), SAIC trades 18% below its Graham value of $162.76. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has Science Applications International Corp. grown?

Revenue went from $4.4B in fiscal 2017 to $7.3B in fiscal 2026, a compound annual growth rate of 5.6%. Net income was $358.0M in fiscal 2026.

Does Science Applications International Corp. generate free cash flow?

Science Applications International Corp. generated $577.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 10 of the last 10 reported years.

What is SAIC's return on invested capital?

Average ROIC over the last 10 fiscal years was 11.5%, and average return on equity was 24.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this SAIC data come from?

From Science Applications International Corp.'s annual 10-K filings on SEC EDGAR, most recently filed Jun 1, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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