Bkv Corp. (BKV) intrinsic value & 10-year financials

Bkv Corp. (BKV) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 5 fiscal years revenue shrank 18.6% a year to $893.8M, with an average return on invested capital of 9.8%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$22.93
Market cap
$2.0B
Revenue (FY2025)
$893.8M
Revenue growth (5-yr CAGR)
-18.6%
ROIC (10-yr avg)
9.8%
Free cash flow (FY2025)
-$57.5M

BKV 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $893.8M $173.1M $1.98 -$57.5M 24.3% 7.7%
FY2024 $604.5M -$142.9M -$2.00 $17.6M -25.6% -6.7%
FY2023 $739.3M $116.9M $1.82 -$64.6M 21.3% 6.9%
FY2022 $1.7B $410.1M $6.62 $101.1M 18.3% 31.1%
FY2021 — — — — — —

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

Executive summary

BKV Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

BKV Corp has historically struggled to out-earn its cost of capital, averaging just 2.6% ROIC.

BKV Corp 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, BKV Corp is modeled at -33.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-98.63 per share.

BKV stock: frequently asked questions

What is the intrinsic value of Bkv Corp. (BKV) stock?

Graham's formula only works with positive earnings. Bkv Corp. reported diluted EPS of $1.98 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Bkv Corp. generate free cash flow?

Bkv Corp. generated -$57.5M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 2 of the last 4 reported years.

What is BKV's return on invested capital?

Average ROIC over the last 5 fiscal years was 9.8%, and average return on equity was 14.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BKV data come from?

From Bkv Corp.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

Similar crude petroleum & natural gas stocks