Vivic Corp. (VIVC) intrinsic value & 10-year financials

Vivic Corp. (VIVC) has a Graham intrinsic value of $2.66 per share. At $0.02 on Oct 17, 2026, the stock trades 99% below that value. Over the last 9 fiscal years revenue grew 15.4% a year to $44.5K, with an average return on invested capital of 360.3%.

Graham intrinsic value
$2.66
Share price (Oct 17, 2026)
$0.02
Price vs Graham value
99% below
Market cap
$539.6K
Revenue (FY2025)
$44.5K
Revenue growth (9-yr CAGR)
15.4%
ROIC (10-yr avg)
360.3%
Free cash flow (FY2025)
—

VIVC 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $44.5K -$3.4M -$0.13 — -7583.3% -126.5%
FY2024 $6.0M $2.9M $0.08 — 19.4% 50.2%
FY2023 $1.6M $1.5M $0.06 — -11.4% -57.0%
FY2022 $106.3K -$981.6K -$0.04 -$139.6K -1106.2% 399.4%
FY2021 $220.9K -$2.7M — -$1.2M -603.2% 2650.3%
FY2020 $243.5K -$987.5K — -$1.3M -419.8% 226.4%
FY2019 $100.0K $26.1K — — 33.1% 72.3%
FY2018 $16.3K -$18.9K — -$23.6K -116.0% -332.5%
FY2017 — — — — — —

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

Executive summary

VIVIC CORP. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

VIVIC CORP. has historically struggled to out-earn its cost of capital, averaging just -3.9% ROIC.

VIVIC CORP. 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, VIVIC CORP. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2.66 per share.

VIVC stock: frequently asked questions

What is the intrinsic value of Vivic Corp. (VIVC) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, VIVC's intrinsic value is about $2.66 per share.

Is VIVC stock undervalued?

At $0.02 (close on Oct 17, 2026), VIVC trades 99% below its Graham value of $2.66. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is VIVC's return on invested capital?

Average ROIC over the last 9 fiscal years was 360.3%, and average return on equity was -1306.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this VIVC data come from?

From Vivic Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 14, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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