Dynamic Aerospace Systems Corp. (BRQL) intrinsic value & 10-year financials

Dynamic Aerospace Systems Corp. (BRQL) has a Graham intrinsic value of $17.46 per share. At $0.22 on Oct 17, 2026, the stock trades 99% below that value. Over the last 6 fiscal years revenue shrank 48.2% a year to $0, with an average return on invested capital of -289.2%.

Graham intrinsic value
$17.46
Share price (Oct 17, 2026)
$0.22
Price vs Graham value
99% below
Market cap
$7.4M
Revenue (FY2025)
$0
Revenue growth (6-yr CAGR)
-48.2%
ROIC (10-yr avg)
-289.2%
Free cash flow (FY2025)
-$1.9M

BRQL 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $0 -$7.8M -$0.23 -$1.9M — -130.9%
FY2024 $266 -$1.2M -$0.05 -$120.0K -201945.1% 294.4%
FY2023 $5 -$348.3K -$0.01 — -6286040.0% 717.3%
FY2022 $993 -$311.2K — — -31345.7% -1324.1%
FY2021 — -$289.3K — — — -1003.0%
FY2020 — — — — — —

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

Executive summary

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

DYNAMIC AEROSPACE SYSTEMS Corp has historically struggled to out-earn its cost of capital, averaging just -28.8% ROIC.

DYNAMIC AEROSPACE SYSTEMS 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, DYNAMIC AEROSPACE SYSTEMS Corp is modeled at -48.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $17.46 per share.

BRQL stock: frequently asked questions

What is the intrinsic value of Dynamic Aerospace Systems Corp. (BRQL) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -48.2% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, BRQL's intrinsic value is about $17.46 per share.

Is BRQL stock undervalued?

At $0.22 (close on Oct 17, 2026), BRQL trades 99% below its Graham value of $17.46. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Dynamic Aerospace Systems Corp. generate free cash flow?

Dynamic Aerospace Systems Corp. generated -$1.9M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 2 reported years.

What is BRQL's return on invested capital?

Average ROIC over the last 6 fiscal years was -289.2%, and average return on equity was -208.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BRQL data come from?

From Dynamic Aerospace Systems Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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