Strattec Security Corp. (STRT) intrinsic value & 10-year financials
Strattec Security Corp. (STRT) has a Graham intrinsic value of $88.19 per share. At $60.58 on Oct 17, 2026, the stock trades 31% below that value. Over the last 10 fiscal years revenue grew 3.9% a year to $565.1M, with an average return on invested capital of 6.1%.
- Graham intrinsic value
- $88.19
- Share price (Oct 17, 2026)
- $60.58
- Price vs Graham value
- 31% below
- Market cap
- $246.9M
- Revenue (FY2025)
- $565.1M
- Revenue growth (10-yr CAGR)
- 3.9%
- ROIC (10-yr avg)
- 6.1%
- Free cash flow (FY2025)
- $64.5M
STRT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $565.1M | $18.7M | $4.58 | $64.5M | 4.0% | 11.0% |
| FY2024 | $537.8M | $16.3M | $4.07 | $2.5M | 3.3% | 8.3% |
| FY2023 | $492.9M | -$6.7M | -$1.70 | -$7.3M | -1.2% | -3.5% |
| FY2022 | $452.3M | $7.0M | $1.80 | -$3.8M | 2.0% | 4.8% |
| FY2021 | $485.3M | $22.5M | $5.85 | $26.2M | 7.0% | 17.6% |
| FY2020 | $385.3M | -$7.6M | -$2.04 | $13.0M | -2.2% | -4.6% |
| FY2019 | $487.0M | -$17.0M | -$4.63 | $12.5M | 2.2% | 4.5% |
| FY2018 | $439.2M | $12.3M | $3.32 | -$17.2M | 3.0% | 7.3% |
| FY2017 | $417.3M | $7.2M | $1.96 | -$13.9M | 3.3% | 5.9% |
| FY2016 | $401.4M | $9.1M | $2.51 | -$15.3M | 5.2% | 9.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
STRATTEC SECURITY CORP has demonstrated mature, steady growth, with revenue compounding at 3.9% annually over the past decade.
STRATTEC SECURITY CORP has historically struggled to out-earn its cost of capital, averaging just 6.1% ROIC.
STRATTEC SECURITY 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, STRATTEC SECURITY CORP is modeled at 6.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $88.19 per share.