SOUNDTHINKING, Inc. (SSTI) intrinsic value & 10-year financials

SOUNDTHINKING, Inc. (SSTI) has a Graham intrinsic value of $17.27 per share. At $8.27 on Oct 17, 2026, the stock trades 52% below that value. Over the last 10 fiscal years revenue grew 23.6% a year to $104.1M, with an average return on invested capital of 4.7%.

Graham intrinsic value
$17.27
Share price (Oct 17, 2026)
$8.27
Price vs Graham value
52% below
Market cap
$105.2M
Revenue (FY2025)
$104.1M
Revenue growth (10-yr CAGR)
23.6%
ROIC (10-yr avg)
4.7%
Free cash flow (FY2025)
$4.9M

SSTI 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $104.1M -$9.4M -$0.74 $4.9M -8.4% -14.8%
FY2024 $102.0M -$9.2M -$0.72 $15.9M -7.7% -12.0%
FY2023 $92.7M -$2.7M -$0.22 $5.9M -1.3% -2.0%
FY2022 $81.0M $6.4M $0.52 $1.3M 9.6% 17.9%
FY2021 $58.2M -$4.4M -$0.38 $2.0M -7.0% -20.9%
FY2020 $45.7M $1.2M $0.10 $7.2M 2.8% 11.9%
FY2019 $40.8M $1.8M $0.15 $8.9M 3.9% 53.2%
FY2018 $34.8M -$2.7M -$0.26 -$9.8M -7.4% -17.4%
FY2017 $23.8M -$10.0M -$1.61 -$3.0M -18.2% 19.2%
FY2016 $15.5M -$6.9M — -$2.2M -32.1% 12.0%

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

Executive summary

SOUNDTHINKING, INC. is a consistent compounder, expanding top-line revenue at 23.6% annually over the past decade.

SOUNDTHINKING, INC. has historically struggled to out-earn its cost of capital, averaging just 4.7% ROIC.

SOUNDTHINKING, 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, SOUNDTHINKING, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $17.27 per share.

SSTI stock: frequently asked questions

What is the intrinsic value of SOUNDTHINKING, Inc. (SSTI) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, SSTI's intrinsic value is about $17.27 per share.

Is SSTI stock undervalued?

At $8.27 (close on Oct 17, 2026), SSTI trades 52% below its Graham value of $17.27. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has SOUNDTHINKING, Inc. grown?

Revenue went from $15.5M in fiscal 2016 to $104.1M in fiscal 2025, a compound annual growth rate of 23.6%. Net income was -$9.4M in fiscal 2025.

Does SOUNDTHINKING, Inc. generate free cash flow?

SOUNDTHINKING, Inc. generated $4.9M 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 SSTI's return on invested capital?

Average ROIC over the last 10 fiscal years was 4.7%, and average return on equity was 2.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this SSTI data come from?

From SOUNDTHINKING, 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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