Ckx LANDS, Inc. (CKX) intrinsic value & 10-year financials

Ckx LANDS, Inc. (CKX) has a Graham intrinsic value of $9.97 per share. At $10.47 on Oct 17, 2026, the stock trades 5% above that value. Over the last 10 fiscal years revenue shrank 0.3% a year to $838.5K, with an average return on invested capital of 2.6%.

Graham intrinsic value
$9.97
Share price (Oct 17, 2026)
$10.47
Price vs Graham value
5% above
Market cap
$21.4M
Revenue (FY2025)
$838.5K
Revenue growth (10-yr CAGR)
-0.3%
ROIC (10-yr avg)
2.6%
Free cash flow (FY2025)
—

CKX 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $838.5K $3.0M $1.47 — 434.2% 13.8%
FY2024 $1.5M $250.2K $0.12 — 7.7% 0.5%
FY2023 $1.5M $143.0K $0.07 — 8.2% 0.3%
FY2022 $1.1M -$1.3M -$0.67 — -166.7% -7.9%
FY2021 $744.5K $819.3K — — 142.8% 5.0%
FY2020 $671.9K $339.4K $0.00 — 56.4% 1.9%
FY2019 $811.3K $249.9K $0.00 — 23.6% 1.0%
FY2018 $1.2M $1.1M $0.00 $186.1K 114.5% 7.1%
FY2017 $1.1M $522.9K $0.00 $387.9K 47.3% 3.4%
FY2016 $863.4K $170.7K — $266.8K 21.7% 1.0%

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

Executive summary

CKX LANDS, INC. is facing top-line stagnation, with revenue contracting over the decade.

CKX LANDS, INC. has historically struggled to out-earn its cost of capital, averaging just 2.6% ROIC.

CKX LANDS, 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, CKX LANDS, INC. is modeled at -0.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $9.97 per share.

CKX stock: frequently asked questions

What is the intrinsic value of Ckx LANDS, Inc. (CKX) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -0.3% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, CKX's intrinsic value is about $9.97 per share.

Is CKX stock undervalued?

At $10.47 (close on Oct 17, 2026), CKX trades 5% above its Graham value of $9.97. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Ckx LANDS, Inc. grown?

Revenue went from $863.4K in fiscal 2016 to $838.5K in fiscal 2025, a compound annual growth rate of -0.3%. Net income was $3.0M in fiscal 2025.

What is CKX's return on invested capital?

Average ROIC over the last 10 fiscal years was 2.6%, and average return on equity was 3.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CKX data come from?

From Ckx LANDS, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 8, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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