Thunder Mountain Gold Inc. (THMG) intrinsic value & 10-year financials
Thunder Mountain Gold Inc. (THMG) has no Graham intrinsic value right now because the formula needs positive earnings.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $0.75
- Market cap
- $61.5M
- Revenue (FY2025)
- —
- Revenue growth (10-yr CAGR)
- -46.5%
- ROIC (10-yr avg)
- 8.0%
- Free cash flow (FY2025)
- -$1.7M
THMG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | — | -$2.8M | -$0.03 | -$1.7M | — | 278.4% |
| FY2024 | — | -$631.1K | -$0.01 | — | — | 65.3% |
| FY2023 | — | -$817.2K | -$0.01 | -$596.2K | — | 105.4% |
| FY2022 | $300.0K | -$1.2M | -$0.02 | -$416.8K | -148.8% | 103.2% |
| FY2021 | $800.0K | -$566.8K | -$0.01 | -$272.5K | 34.1% | — |
| FY2020 | $550.0K | $1.2M | — | -$285.9K | 17.6% | 9.1% |
| FY2019 | $2.0M | $1.1M | — | — | 64.4% | -579.5% |
| FY2018 | $0 | -$632.7K | — | -$295.0K | — | 74.3% |
| FY2017 | — | -$710.7K | — | -$264.6K | — | — |
| FY2016 | — | -$1.0M | — | -$571.8K | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
THUNDER MOUNTAIN GOLD INC revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
THUNDER MOUNTAIN GOLD INC has earned high returns on invested capital, averaging 50.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
THUNDER MOUNTAIN GOLD 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, THUNDER MOUNTAIN GOLD INC is modeled at -46.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-1.44 per share.