USBC, Inc. (USBC) intrinsic value & 10-year financials
USBC, Inc. (USBC) has a Graham intrinsic value of $0.67 per share. At $0.44 on Oct 17, 2026, the stock trades 34% below that value.
- Graham intrinsic value
- $0.67
- Share price (Oct 17, 2026)
- $0.44
- Price vs Graham value
- 34% below
- Market cap
- $27.7M
- Revenue (FY2025)
- —
- Revenue growth (10-yr CAGR)
- -5.2%
- ROIC (10-yr avg)
- 166.0%
- Free cash flow (FY2025)
- -$7.6M
USBC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | — | -$22.1M | -$0.39 | -$7.6M | — | -42.9% |
| FY2024 | — | -$16.6M | -$0.27 | -$12.9M | — | 327.5% |
| FY2023 | $0 | -$15.3M | — | -$10.4M | — | 405.1% |
| FY2022 | $4.4M | -$20.1M | — | -$7.8M | -288.4% | 186.5% |
| FY2021 | $0 | -$25.4M | — | -$7.2M | — | 122.7% |
| FY2020 | $121.9K | -$13.6M | — | -$4.0M | -5597.8% | 119.9% |
| FY2019 | $1.8M | -$7.6M | — | -$3.2M | -277.7% | 177.1% |
| FY2018 | $4.3M | -$3.3M | — | -$1.2M | -52.5% | 103.5% |
| FY2017 | $4.9M | -$3.9M | — | -$1.3M | -66.5% | 165.1% |
| FY2016 | $6.0M | -$1.7M | — | -$3.4M | -44.7% | 95.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
USBC, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
USBC, Inc. has earned high returns on invested capital, averaging 41.1% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
USBC, 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, USBC, Inc. is modeled at -5.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.67 per share.