TruBridge, Inc. (TBRG) intrinsic value & 10-year financials
TruBridge, Inc. (TBRG) has a Graham intrinsic value of $2.13 per share. Over the last 10 fiscal years revenue grew 2.9% a year to $346.8M, with an average return on invested capital of 3.4%.
- Graham intrinsic value
- $2.13
- Revenue (FY2025)
- $346.8M
- Revenue growth (10-yr CAGR)
- 2.9%
- ROIC (10-yr avg)
- 3.4%
- Free cash flow (FY2025)
- $35.6M
TBRG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $346.8M | $4.4M | $0.29 | $35.6M | 6.0% | 6.4% |
| FY2024 | $342.6M | -$20.4M | -$1.38 | $30.5M | 1.9% | 1.9% |
| FY2023 | $339.4M | -$45.8M | -$3.15 | $713.0K | -12.6% | -9.5% |
| FY2022 | $326.6M | $15.9M | $1.08 | $32.1M | 7.0% | 5.8% |
| FY2021 | $280.6M | $18.4M | $1.26 | $46.8M | 8.8% | 6.7% |
| FY2020 | $264.5M | $14.2M | $0.98 | $45.8M | 8.0% | 5.7% |
| FY2019 | $274.6M | $20.5M | $1.43 | $41.8M | 9.0% | 7.4% |
| FY2018 | $280.4M | $17.6M | $1.26 | $23.0M | 8.9% | 8.6% |
| FY2017 | $276.9M | -$17.4M | -$1.27 | $22.9M | -1.7% | -1.6% |
| FY2016 | $267.3M | $3.9M | $0.29 | $2.1M | 5.4% | 2.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
TruBridge, Inc. has demonstrated mature, steady growth, with revenue compounding at 2.9% annually over the past decade.
TruBridge, Inc. has historically struggled to out-earn its cost of capital, averaging just 3.4% ROIC.
TruBridge, 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, TruBridge, Inc. is modeled at 0.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2.13 per share.