Exzeo Group, Inc. (XZO) intrinsic value & 10-year financials
Exzeo Group, Inc. (XZO) has a Graham intrinsic value of $32.88 per share. At $16.69 on Oct 17, 2026, the stock trades 49% below that value. Over the last 4 fiscal years revenue grew 56.7% a year to $217.0M, with an average return on invested capital of -101.6%.
- Graham intrinsic value
- $32.88
- Share price (Oct 17, 2026)
- $16.69
- Price vs Graham value
- 49% below
- Market cap
- $1.3B
- Revenue (FY2025)
- $217.0M
- Revenue growth (4-yr CAGR)
- 56.7%
- ROIC (10-yr avg)
- -101.6%
- Free cash flow (FY2025)
- $97.5M
XZO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $217.0M | $82.7M | $0.99 | $97.5M | 48.8% | -200.9% |
| FY2024 | $133.9M | $45.3M | $0.44 | $45.9M | 28.4% | -96.5% |
| FY2023 | $88.3M | $21.5M | $0.15 | $6.9M | 2.9% | -7.5% |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Exzeo Group, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Exzeo Group, Inc. has historically struggled to out-earn its cost of capital, averaging just -35.3% ROIC.
Exzeo 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, Exzeo Group, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $32.88 per share.