XOMA Royalty Corp (XOMA) intrinsic value & 10-year financials
XOMA Royalty Corp (XOMA) has a Graham intrinsic value of $30.86 per share. Over the last 10 fiscal years revenue grew 7.1% a year to $10.3M, with an average return on invested capital of 20.3%.
- Graham intrinsic value
- $30.86
- Revenue (FY2025)
- $10.3M
- Revenue growth (10-yr CAGR)
- 7.1%
- ROIC (10-yr avg)
- 20.3%
- Free cash flow (FY2025)
- —
XOMA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $10.3M | $31.7M | $1.46 | — | 110.0% | 9.9% |
| FY2024 | $6.7M | -$13.8M | -$1.65 | -$13.8M | -601.1% | -35.7% |
| FY2023 | $2.6M | -$40.8M | -$0.00 | -$18.2M | -1579.2% | -66.4% |
| FY2022 | $4.2M | -$17.1M | -$0.00 | -$28.1M | -419.6% | -30.3% |
| FY2021 | $36.5M | $15.8M | $0.00 | — | 48.0% | 48.5% |
| FY2020 | $27.9M | $13.3M | $0.00 | $10.1M | 44.4% | 57.4% |
| FY2019 | $17.3M | -$2.0M | -$0.00 | — | -22.5% | -50.2% |
| FY2018 | $5.1M | -$13.3M | -$0.00 | -$12.7M | -332.6% | 121.1% |
| FY2017 | $52.4M | $14.6M | $0.00 | $2.7M | 32.5% | -57.8% |
| FY2016 | $5.6M | -$53.5M | -$0.01 | -$33.7M | -1106.4% | 206.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
XOMA Royalty Corp has demonstrated mature, steady growth, with revenue compounding at 7.1% annually over the past decade.
XOMA Royalty Corp has historically struggled to out-earn its cost of capital, averaging just -0.1% ROIC.
Over the decade, XOMA Royalty Corp shows that management has aggressively returned capital to shareholders by retiring 99.7% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, XOMA Royalty Corp is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $30.86 per share.