Curbline Properties Corp. (CURB) intrinsic value & 10-year financials

Curbline Properties Corp. (CURB) has a Graham intrinsic value of $11.63 per share. At $26.52 on Oct 17, 2026, the stock trades 128% above that value. Over the last 5 fiscal years revenue grew 35.7% a year to $182.9M, with an average return on invested capital of 3.0%.

Graham intrinsic value
$11.63
Share price (Oct 17, 2026)
$26.52
Price vs Graham value
128% above
Market cap
$2.8B
Revenue (FY2025)
$182.9M
Revenue growth (5-yr CAGR)
35.7%
ROIC (10-yr avg)
3.0%
Free cash flow (FY2025)
—

CURB 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $182.9M $39.9M $0.37 — — 2.4%
FY2024 $120.9M $10.3M $0.09 — — 0.8%
FY2023 $93.7M $31.0M $0.30 — — 4.0%
FY2022 $73.1M $25.7M $0.25 — — 4.8%
FY2021 — — — — — —

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

Executive summary

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

Curbline Properties Corp. has historically struggled to out-earn its cost of capital, averaging just 1.6% ROIC.

Curbline Properties 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, Curbline Properties Corp. is modeled at 14.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $11.63 per share.

CURB stock: frequently asked questions

What is the intrinsic value of Curbline Properties Corp. (CURB) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 14.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, CURB's intrinsic value is about $11.63 per share.

Is CURB stock undervalued?

At $26.52 (close on Oct 17, 2026), CURB trades 128% above its Graham value of $11.63. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

What is CURB's return on invested capital?

Average ROIC over the last 5 fiscal years was 3.0%, and average return on equity was 2.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CURB data come from?

From Curbline Properties Corp.'s annual 10-K filings on SEC EDGAR, most recently filed Jul 29, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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