Expion Energy, Inc. (XPON) intrinsic value & 10-year financials
Expion Energy, Inc. (XPON) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue grew 20.9% a year to $9.7M, with an average return on invested capital of -153.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.85
- Market cap
- $21.2M
- Revenue (FY2025)
- $9.7M
- Revenue growth (6-yr CAGR)
- 20.9%
- ROIC (10-yr avg)
- -153.8%
- Free cash flow (FY2025)
- —
XPON 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $9.7M | -$6.2M | -$1.13 | — | -110.9% | -311.1% |
| FY2024 | $5.6M | -$13.5M | -$2.34 | — | -120.1% | -200.1% |
| FY2023 | $6.0M | -$7.5M | -$1.34 | -$5.6M | -119.9% | -117.7% |
| FY2022 | $7.2M | -$7.5M | — | -$6.0M | -83.1% | -102.7% |
| FY2021 | $4.5M | -$4.7M | — | -$4.0M | -28.0% | -37.1% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Expion360 Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Expion360 Inc. has historically struggled to out-earn its cost of capital, averaging just -52.5% ROIC.
Expion360 Inc. 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, Expion360 Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-37.53 per share.