Sci Engineered Materials, Inc. (SCIA) intrinsic value & 10-year financials
Sci Engineered Materials, Inc. (SCIA) has a Graham intrinsic value of $8.58 per share. At $9.71 on Oct 17, 2026, the stock trades 13% above that value. Over the last 10 fiscal years revenue grew 15.2% a year to $19.6M, with an average return on invested capital of 22.4%.
- Graham intrinsic value
- $8.58
- Share price (Oct 17, 2026)
- $9.71
- Price vs Graham value
- 13% above
- Market cap
- $44.4M
- Revenue (FY2025)
- $19.6M
- Revenue growth (10-yr CAGR)
- 15.2%
- ROIC (10-yr avg)
- 22.4%
- Free cash flow (FY2025)
- $2.3M
SCIA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $19.6M | $1.7M | $0.38 | $2.3M | 9.3% | 19.6% |
| FY2024 | $22.9M | $1.9M | $0.41 | $1.9M | 8.9% | 24.0% |
| FY2023 | $28.0M | $2.2M | $0.48 | $1.8M | 8.9% | 36.6% |
| FY2022 | $23.5M | $2.0M | $0.43 | $1.9M | 10.6% | 49.2% |
| FY2021 | $13.4M | $1.7M | $0.37 | $1.9M | 13.2% | 44.6% |
| FY2020 | $10.9M | $1.5M | $0.33 | $912.1K | 4.7% | 16.8% |
| FY2019 | $13.0M | $305.4K | $0.06 | $151.6K | 2.6% | 14.5% |
| FY2018 | $11.4M | $907.9K | $0.21 | $1.3M | 8.2% | 50.3% |
| FY2017 | $6.8M | $6.1K | $0.00 | $511.9K | 0.7% | 2.0% |
| FY2016 | $5.5M | -$706.1K | -$0.18 | $70.9K | -12.1% | -34.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SCI Engineered Materials, Inc. is a consistent compounder, expanding top-line revenue at 15.2% annually over the past decade.
SCI Engineered Materials, Inc. has earned high returns on invested capital, averaging 22.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
SCI Engineered Materials, 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, SCI Engineered Materials, Inc. is modeled at 8.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $8.58 per share.