Wealthfront Corp. (WLTH) intrinsic value & 10-year financials

Wealthfront Corp. (WLTH) has a Graham intrinsic value of $43.51 per share. At $10.63 on Oct 17, 2026, the stock trades 76% below that value. Over the last 4 fiscal years revenue grew 29.8% a year to $365.0M, with an average return on invested capital of -111.3%.

Graham intrinsic value
$43.51
Share price (Oct 17, 2026)
$10.63
Price vs Graham value
76% below
Market cap
$604.7M
Revenue (FY2026)
$365.0M
Revenue growth (4-yr CAGR)
29.8%
ROIC (10-yr avg)
-111.3%
Free cash flow (FY2026)
$151.1M

WLTH 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $365.0M -$42.1M -$0.76 $151.1M — -134.7%
FY2025 $308.9M $194.4M $1.31 $122.6M — -165.2%
FY2024 $216.7M $77.0M $0.54 $72.4M — -34.0%
FY2023 — — — — — —

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

Executive summary

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

WEALTHFRONT CORP has historically struggled to out-earn its cost of capital, averaging just -56.8% ROIC.

WEALTHFRONT 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, WEALTHFRONT CORP is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $43.51 per share.

WLTH stock: frequently asked questions

What is the intrinsic value of Wealthfront Corp. (WLTH) 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, WLTH's intrinsic value is about $43.51 per share.

Is WLTH stock undervalued?

At $10.63 (close on Oct 17, 2026), WLTH trades 76% below its Graham value of $43.51. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Wealthfront Corp. generate free cash flow?

Wealthfront Corp. generated $151.1M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 3 of the last 3 reported years.

What is WLTH's return on invested capital?

Average ROIC over the last 4 fiscal years was -111.3%, and average return on equity was -94.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this WLTH data come from?

From Wealthfront Corp.'s annual 10-K filings on SEC EDGAR, most recently filed Jun 12, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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