STEM, Inc. (STEM) intrinsic value & 10-year financials
STEM, Inc. (STEM) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 44.0% a year to $156.3M, with an average return on invested capital of -58589.0%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.48
- Market cap
- $29.5M
- Revenue (FY2025)
- $156.3M
- Revenue growth (8-yr CAGR)
- 44.0%
- ROIC (10-yr avg)
- -58589.0%
- Free cash flow (FY2025)
- —
STEM 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $156.3M | $137.8M | -$9.18 | — | -35.6% | 15.2% |
| FY2024 | $144.6M | -$854.0M | -$5.29 | — | -580.6% | 1525.4% |
| FY2023 | $461.5M | -$140.4M | -$0.90 | — | -38.9% | -44.5% |
| FY2022 | $363.0M | -$124.1M | -$0.81 | — | -36.1% | -57.4% |
| FY2021 | $127.4M | -$101.2M | -$0.96 | — | -65.2% | 261.0% |
| FY2020 | $36.3M | -$3.4M | -$4.13 | — | -136.0% | -1198.6% |
| FY2019 | $17.6M | -$10.4K | -$1.51 | — | -272.6% | -410623.9% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
STEM, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
STEM, INC. has historically struggled to out-earn its cost of capital, averaging just -598.2% ROIC.
STEM, 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, STEM, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-304.92 per share.