Utg Inc. (UTGN) intrinsic value & 10-year financials
Utg Inc. (UTGN) has a Graham intrinsic value of $180.03 per share. At $58.00 on Oct 17, 2026, the stock trades 68% below that value. Over the last 10 fiscal years revenue grew 4.8% a year to $42.3M, with an average return on invested capital of 9.8%.
- Graham intrinsic value
- $180.03
- Share price (Oct 17, 2026)
- $58.00
- Price vs Graham value
- 68% below
- Market cap
- $182.9M
- Revenue (FY2025)
- $42.3M
- Revenue growth (10-yr CAGR)
- 4.8%
- ROIC (10-yr avg)
- 9.8%
- Free cash flow (FY2025)
- —
UTGN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $42.3M | $17.1M | $5.42 | — | — | 7.7% |
| FY2024 | $84.9M | $49.3M | $15.57 | — | — | 26.6% |
| FY2023 | $25.4M | $2.0M | $0.62 | — | — | 1.2% |
| FY2022 | $69.7M | $34.3M | $10.81 | — | — | 23.0% |
| FY2021 | $35.6M | $9.7M | $3.05 | — | — | 7.0% |
| FY2020 | $27.3M | $2.1M | $0.65 | — | — | 1.6% |
| FY2019 | $44.2M | $16.3M | $4.95 | — | — | 13.7% |
| FY2018 | $41.3M | $12.4M | $3.75 | -$5.4M | — | 11.5% |
| FY2017 | $28.7M | $4.8M | $1.44 | -$13.2M | — | 4.8% |
| FY2016 | $27.8M | $1.2M | $0.33 | -$11.4M | — | 1.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
UTG INC has demonstrated mature, steady growth, with revenue compounding at 4.8% annually over the past decade.
UTG INC returns on capital have been average, hovering around 9.8% ROIC over the decade.
Over the decade, UTG INC shows that management has aggressively returned capital to shareholders by retiring 10.8% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, UTG INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $180.03 per share.