Bowhead Specialty Holdings Inc. (BOW) intrinsic value & 10-year financials
Bowhead Specialty Holdings Inc. (BOW) has a Graham intrinsic value of $52.81 per share. At $34.19 on Oct 17, 2026, the stock trades 35% below that value. Over the last 5 fiscal years revenue grew 43.3% a year to $551.6M, with an average return on invested capital of 14.3%.
- Graham intrinsic value
- $52.81
- Share price (Oct 17, 2026)
- $34.19
- Price vs Graham value
- 35% below
- Market cap
- $1.2B
- Revenue (FY2025)
- $551.6M
- Revenue growth (5-yr CAGR)
- 43.3%
- ROIC (10-yr avg)
- 14.3%
- Free cash flow (FY2025)
- $326.0M
BOW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $551.6M | $53.8M | $1.59 | $326.0M | — | 16.0% |
| FY2024 | $425.7M | $38.2M | $1.29 | $291.2M | — | 14.0% |
| FY2023 | $283.4M | $25.0M | $1.04 | $232.4M | — | 13.0% |
| FY2022 | $187.6M | $11.3M | $0.47 | $177.7M | — | — |
| FY2021 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Bowhead Specialty Holdings Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Bowhead Specialty Holdings Inc. returns on capital have been average, hovering around 15.0% ROIC over the decade.
Bowhead Specialty 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, Bowhead Specialty Holdings Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $52.81 per share.