1606 Corp. (CBDW) intrinsic value & 10-year financials

1606 Corp. (CBDW) has a Graham intrinsic value of $0.67 per share. Over the last 7 fiscal years revenue shrank 43.0% a year to $0, with an average return on invested capital of 107.4%.

Graham intrinsic value
$0.67
Share price (Oct 17, 2026)
$0.00
Market cap
$39.1K
Revenue (FY2025)
$0
Revenue growth (7-yr CAGR)
-43.0%
ROIC (10-yr avg)
107.4%
Free cash flow (FY2025)
—

CBDW 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $0 -$1.3M -$0.01 — — 41.6%
FY2024 $7.2K -$4.5M -$0.06 — -57516.0% 229.2%
FY2023 $1.6K -$1.6M -$0.03 — -110635.8% 176.5%
FY2022 $13.9K -$540.0K — — -3872.9% 132.9%
FY2021 $34.1K -$316.0K — — — 378.0%
FY2020 $67.9K -$227.7K — — — -313.8%
FY2019 — — — — — —

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

Executive summary

1606 CORP. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

1606 CORP. has earned high returns on invested capital, averaging 29.9% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

1606 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, 1606 CORP. is modeled at -43.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.67 per share.

CBDW stock: frequently asked questions

What is the intrinsic value of 1606 Corp. (CBDW) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -43.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, CBDW's intrinsic value is about $0.67 per share.

What is CBDW's return on invested capital?

Average ROIC over the last 7 fiscal years was 107.4%, and average return on equity was 108.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CBDW data come from?

From 1606 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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