Brt Apartments Corp. (BRT) intrinsic value & 10-year financials
Brt Apartments Corp. (BRT) has a Graham intrinsic value of $1.26 per share. At $13.55 on Oct 17, 2026, the stock trades 975% above that value. Over the last 10 fiscal years revenue grew 0.3% a year to $97.0M, with an average return on invested capital of -2.1%.
- Graham intrinsic value
- $1.26
- Share price (Oct 17, 2026)
- $13.55
- Price vs Graham value
- 975% above
- Market cap
- $244.0M
- Revenue (FY2025)
- $97.0M
- Revenue growth (10-yr CAGR)
- 0.3%
- ROIC (10-yr avg)
- -2.1%
- Free cash flow (FY2025)
- —
BRT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $97.0M | -$11.9M | -$0.63 | — | -12.9% | -1.9% |
| FY2024 | $95.6M | -$9.8M | -$0.52 | — | -12.9% | -1.8% |
| FY2023 | $93.6M | $3.9M | $0.16 | — | -15.3% | -2.1% |
| FY2022 | $70.5M | $50.0M | $2.66 | — | -21.3% | -2.7% |
| FY2021 | $32.1M | $29.1M | $1.62 | — | -31.4% | -2.7% |
| FY2020 | $28.1M | -$19.9M | -$1.16 | — | -47.9% | -4.0% |
| FY2019 | $27.8M | $856.0K | $0.05 | — | -30.2% | -1.8% |
| FY2018 | $23.4M | $25.5M | $1.68 | — | -34.2% | -1.3% |
| FY2017 | $105.8M | $13.6M | $0.98 | — | -12.8% | -1.5% |
| FY2016 | $94.3M | $31.3M | $2.23 | — | -10.4% | -1.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
BRT Apartments Corp. has demonstrated mature, steady growth, with revenue compounding at 0.3% annually over the past decade.
BRT Apartments Corp. has historically struggled to out-earn its cost of capital, averaging just -2.1% ROIC.
BRT Apartments Corp. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, BRT Apartments Corp. is modeled at 0.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.26 per share.