Zoomcar Holdings, Inc. (ZCAR) intrinsic value & 10-year financials

Zoomcar Holdings, Inc. (ZCAR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue grew 1.2% a year to $9.2M, with an average return on invested capital of 46.0%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$0.01
Market cap
$170.6K
Revenue (FY2026)
$9.2M
Revenue growth (6-yr CAGR)
1.2%
ROIC (10-yr avg)
46.0%
Free cash flow (FY2026)
-$1.4M

ZCAR 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $9.2M -$14.6M -$1.28 -$1.4M -73.9% 48.4%
FY2025 $9.1M -$25.6M -$2.25 -$9.1M -114.2% 98.8%
FY2024 $9.9M -$34.3M -$0.09 — -320.0% 25.9%
FY2023 $8.8M -$62.0M -$0.16 — -413.0% 26.0%
FY2022 — -$4.6M — — — 31.2%
FY2021 — — — — — —

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

Executive summary

Zoomcar Holdings, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Zoomcar Holdings, Inc. has earned high returns on invested capital, averaging 46.0% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

Zoomcar Holdings, 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, Zoomcar Holdings, Inc. is modeled at 1.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-12.10 per share.

ZCAR stock: frequently asked questions

What is the intrinsic value of Zoomcar Holdings, Inc. (ZCAR) stock?

Graham's formula only works with positive earnings. Zoomcar Holdings, Inc. reported diluted EPS of -$1.28 in fiscal 2026, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Zoomcar Holdings, Inc. generate free cash flow?

Zoomcar Holdings, Inc. generated -$1.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 0 of the last 2 reported years.

What is ZCAR's return on invested capital?

Average ROIC over the last 6 fiscal years was 46.0%, and average return on equity was 47.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ZCAR data come from?

From Zoomcar Holdings, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jul 16, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

Similar auto rental & leasing stocks