Scynexis Inc. (SCYX) intrinsic value & 10-year financials
Scynexis Inc. (SCYX) has a Graham intrinsic value of $46.17 per share. At $3.67 on Oct 17, 2026, the stock trades 92% below that value. Over the last 10 fiscal years revenue grew 62.8% a year to $20.6M, with an average return on invested capital of 676.8%.
- Graham intrinsic value
- $46.17
- Share price (Oct 17, 2026)
- $3.67
- Price vs Graham value
- 92% below
- Market cap
- $183.3M
- Revenue (FY2025)
- $20.6M
- Revenue growth (10-yr CAGR)
- 62.8%
- ROIC (10-yr avg)
- 676.8%
- Free cash flow (FY2025)
- —
SCYX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $20.6M | -$8.6M | -$0.17 | — | -78.0% | -45.3% |
| FY2024 | $3.7M | -$21.3M | -$0.44 | — | -990.8% | -89.8% |
| FY2023 | $140.1M | $67.0M | $1.39 | — | 51.9% | 7912.7% |
| FY2022 | $5.1M | -$62.8M | -$1.47 | — | -1684.5% | 244.4% |
| FY2021 | $13.2M | -$32.9M | -$1.25 | — | -462.2% | 120.1% |
| FY2020 | $0 | -$55.2M | — | -$49.4M | — | 104.4% |
| FY2019 | $121.0K | -$53.7M | — | — | -40430.6% | -1067.1% |
| FY2018 | $257.0K | -$12.5M | — | -$28.9M | -11666.5% | -65.5% |
| FY2017 | $257.0K | -$25.1M | — | -$24.6M | -10241.2% | -138.5% |
| FY2016 | $257.0K | -$30.0M | -$1.58 | -$29.4M | -10823.7% | -207.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SCYNEXIS INC is a consistent compounder, expanding top-line revenue at 62.8% annually over the past decade.
SCYNEXIS INC has historically struggled to out-earn its cost of capital, averaging just -4.6% ROIC.
SCYNEXIS 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, SCYNEXIS INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $46.17 per share.