22nd Century Group, Inc. (XXII) intrinsic value & 10-year financials
22nd Century Group, Inc. (XXII) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 4.1% a year to $17.6M, with an average return on invested capital of -71.9%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $0.34
- Market cap
- $61.7K
- Revenue (FY2025)
- $17.6M
- Revenue growth (10-yr CAGR)
- 4.1%
- ROIC (10-yr avg)
- -71.9%
- Free cash flow (FY2025)
- -$7.8M
XXII 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $17.6M | -$5.1M | -$52.87 | -$7.8M | -65.8% | -130.6% |
| FY2024 | $24.4M | -$15.2M | -$175.99 | -$14.5M | -57.2% | -217.5% |
| FY2023 | $32.2M | -$140.8M | -$7.28 | -$59.6M | -139.5% | -85.6% |
| FY2022 | $62.1M | -$59.8M | -$0.31 | -$55.4M | -91.9% | -68.3% |
| FY2021 | $30.9M | -$32.6M | -$0.21 | -$23.6M | -91.8% | -42.9% |
| FY2020 | $28.1M | -$19.7M | -$0.14 | -$15.7M | -68.2% | -31.0% |
| FY2019 | $25.8M | -$26.6M | -$0.21 | -$15.1M | -91.2% | -35.5% |
| FY2018 | $26.4M | -$8.0M | — | — | -90.9% | -34.0% |
| FY2017 | $16.6M | -$13.0M | — | — | -80.1% | -26.7% |
| FY2016 | $12.3M | -$11.6M | — | — | -92.7% | -46.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
22nd Century Group, Inc. has demonstrated mature, steady growth, with revenue compounding at 4.1% annually over the past decade.
22nd Century Group, Inc. has historically struggled to out-earn its cost of capital, averaging just -50.4% ROIC.
22nd Century Group, 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, 22nd Century Group, Inc. is modeled at 4.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-759.01 per share.