SunCoke Energy, Inc. (SXC) intrinsic value & 10-year financials
SunCoke Energy, Inc. (SXC) has a Graham intrinsic value of $17.14 per share. At $10.25 on Oct 17, 2026, the stock trades 40% below that value. Over the last 10 fiscal years revenue grew 4.6% a year to $1.8B, with an average return on invested capital of 5.7%.
- Graham intrinsic value
- $17.14
- Share price (Oct 17, 2026)
- $10.25
- Price vs Graham value
- 40% below
- Market cap
- $876.4M
- Revenue (FY2025)
- $1.8B
- Revenue growth (10-yr CAGR)
- 4.6%
- ROIC (10-yr avg)
- 5.7%
- Free cash flow (FY2025)
- $42.3M
SXC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.8B | -$44.2M | -$0.52 | $42.3M | -2.4% | -2.3% |
| FY2024 | $1.9B | $95.9M | $1.12 | $95.9M | 7.8% | 12.3% |
| FY2023 | $2.1B | $57.5M | $0.68 | $139.8M | 6.1% | 7.8% |
| FY2022 | $2.0B | $100.7M | $1.19 | $133.4M | 7.8% | 12.6% |
| FY2021 | $1.5B | $43.4M | $0.52 | $134.5M | 9.7% | 9.2% |
| FY2020 | $1.3B | $3.7M | $0.04 | $83.9M | 5.2% | 3.0% |
| FY2019 | $1.6B | -$152.3M | -$1.98 | $71.8M | -9.0% | -9.1% |
| FY2018 | $1.5B | $26.2M | $0.40 | $85.5M | 8.2% | 8.7% |
| FY2017 | $1.3B | $122.4M | $1.88 | $72.9M | 7.7% | 9.4% |
| FY2016 | $1.2B | $14.4M | $0.22 | $155.4M | 7.9% | 5.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SunCoke Energy, Inc. has demonstrated mature, steady growth, with revenue compounding at 4.6% annually over the past decade.
SunCoke Energy, Inc. has historically struggled to out-earn its cost of capital, averaging just 5.7% ROIC.
SunCoke Energy, 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, SunCoke Energy, Inc. is modeled at 4.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $17.14 per share.