Trillion Energy International Inc. (TRLEF) intrinsic value & 10-year financials

Trillion Energy International Inc. (TRLEF) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue shrank 12.7% a year to $2.6M, with an average return on invested capital of -30.4%.

Graham intrinsic value
—
Share price (Oct 18, 2026)
$0.08
Revenue (FY2020)
$2.6M
Revenue growth (8-yr CAGR)
-12.7%
ROIC (10-yr avg)
-30.4%
Free cash flow (FY2020)
—

TRLEF 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2020 $2.6M -$3.5M — — -124.3% 218.4%
FY2019 $3.9M -$1.7M — $165.7K -43.2% -72.1%
FY2018 $4.3M -$2.4M — -$352.9K -49.5% -98.2%
FY2017 $3.9M -$2.5M — -$593.2K -63.4% -86.5%
FY2016 — -$4.0M — — — -114.3%
FY2015 $0 -$764.1K — — — -24.9%
FY2014 — -$872.8K — — — -35.2%
FY2013 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Trillion Energy International Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Trillion Energy International Inc. has historically struggled to out-earn its cost of capital, averaging just -61.3% ROIC.

Trillion Energy International 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, Trillion Energy International Inc. is modeled at -12.7% normalized earnings growth with a 5.1% bond-yield adjustment.

TRLEF stock: frequently asked questions

What is TRLEF's return on invested capital?

Average ROIC over the last 8 fiscal years was -30.4%, and average return on equity was -344.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this TRLEF data come from?

From Trillion Energy International Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 27, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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