Stewart Information Services Corp. (STC) intrinsic value & 10-year financials
Stewart Information Services Corp. (STC) has a Graham intrinsic value of $85.61 per share. At $52.54 on Oct 17, 2026, the stock trades 39% below that value. Over the last 10 fiscal years revenue grew 4.3% a year to $2.9B, with an average return on invested capital of 12.2%.
- Graham intrinsic value
- $85.61
- Share price (Oct 17, 2026)
- $52.54
- Price vs Graham value
- 39% below
- Market cap
- $1.5B
- Revenue (FY2025)
- $2.9B
- Revenue growth (10-yr CAGR)
- 4.3%
- ROIC (10-yr avg)
- 12.2%
- Free cash flow (FY2025)
- $132.3M
STC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.9B | $115.5M | $4.05 | $132.3M | — | 7.1% |
| FY2024 | $2.5B | $73.3M | $2.61 | $95.1M | — | 4.6% |
| FY2023 | $2.2B | $30.4M | $1.11 | $45.3M | — | 1.9% |
| FY2022 | $3.0B | $162.3M | $5.94 | $143.9M | — | 11.4% |
| FY2021 | $3.3B | $323.2M | $11.90 | $350.5M | — | 33.1% |
| FY2020 | $2.3B | $154.9M | $6.22 | $260.8M | — | 25.8% |
| FY2019 | $1.9B | $78.6M | $3.31 | $149.3M | — | 14.1% |
| FY2018 | $1.9B | $47.5M | $2.01 | $73.5M | — | 7.8% |
| FY2017 | $1.9B | $48.7M | $2.06 | $91.7M | — | 7.7% |
| FY2016 | $2.0B | $55.5M | $1.85 | $104.8M | — | 8.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
STEWART INFORMATION SERVICES CORP has demonstrated mature, steady growth, with revenue compounding at 4.3% annually over the past decade.
STEWART INFORMATION SERVICES CORP returns on capital have been average, hovering around 12.2% ROIC over the decade.
STEWART INFORMATION SERVICES CORP 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, STEWART INFORMATION SERVICES CORP is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $85.61 per share.