US ENERGY CORP (USEG) intrinsic value & 10-year financials
US ENERGY CORP (USEG) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 24.1% a year to $7.4M, with an average return on invested capital of -54.2%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $7.4M
- Revenue growth (10-yr CAGR)
- 24.1%
- ROIC (10-yr avg)
- -54.2%
- Free cash flow (FY2025)
- —
USEG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $7.4M | -$14.4M | -$0.43 | — | -195.3% | -70.9% |
| FY2024 | $20.6M | -$25.8M | -$0.96 | — | -124.8% | -85.4% |
| FY2023 | $32.3M | -$32.4M | -$1.28 | — | -108.4% | -57.5% |
| FY2022 | $44.6M | -$963.0K | -$0.04 | $10.5M | 7.9% | 4.2% |
| FY2021 | $6.7M | -$1.8M | -$0.39 | -$349.0K | -21.6% | -23.9% |
| FY2020 | $2.3M | -$6.4M | -$3.94 | — | -230.5% | -78.4% |
| FY2019 | $6.6M | -$550.0K | -$0.69 | — | -12.0% | -7.0% |
| FY2018 | $5.5M | -$1.0M | -$0.00 | -$501.0K | -20.7% | -11.7% |
| FY2017 | $6.5M | -$1.4M | -$0.00 | -$1.2M | -15.1% | -16.8% |
| FY2016 | $1.1M | -$14.1M | — | -$1.6M | -1128.6% | -195.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
US ENERGY CORP is a consistent compounder, expanding top-line revenue at 24.1% annually over the past decade.
US ENERGY CORP has historically struggled to out-earn its cost of capital, averaging just -34.9% ROIC.
Over the decade, US ENERGY CORP shows that management has aggressively returned capital to shareholders by retiring 93.2% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, US ENERGY CORP is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-14.28 per share.