Dream Homes & Development Corp. (DREM) intrinsic value & 10-year financials

Dream Homes & Development Corp. (DREM) has a Graham intrinsic value of $0.66 per share. At $0.02 on Oct 17, 2026, the stock trades 97% below that value. Over the last 10 fiscal years revenue grew 37.6% a year to $10.1M, with an average return on invested capital of 9.0%.

Graham intrinsic value
$0.66
Share price (Oct 17, 2026)
$0.02
Price vs Graham value
97% below
Market cap
$774.8K
Revenue (FY2025)
$10.1M
Revenue growth (10-yr CAGR)
37.6%
ROIC (10-yr avg)
9.0%
Free cash flow (FY2025)
$3.9M

DREM 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $10.1M $418.3K $0.02 $3.9M 11.0% 48.4%
FY2024 $5.0M $376.0K $0.02 -$892.7K 30.2% 60.9%
FY2023 $5.7M -$97.4K $0.00 — 1.2% -15.3%
FY2022 $6.3M $154.1K $0.00 $577.4K 3.3% 12.6%
FY2021 $3.9M -$170.5K — — -1.2% -17.8%
FY2020 $3.2M -$203.7K — — -6.2% -36.2%
FY2019 $3.1M -$14.3K — $198.0K 0.5% 1.8%
FY2018 $2.6M $119.4K — -$32.7K 5.5% 44.1%
FY2017 $3.0M $12.8K — $110.0K 0.7% 8.7%
FY2016 $568.3K -$11.8K — — -0.5% -17.5%

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

Executive summary

Dream Homes & Development Corp. is a consistent compounder, expanding top-line revenue at 37.6% annually over the past decade.

Dream Homes & Development Corp. has historically struggled to out-earn its cost of capital, averaging just -9.9% ROIC.

Dream Homes & Development 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, Dream Homes & Development Corp. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.66 per share.

DREM stock: frequently asked questions

What is the intrinsic value of Dream Homes & Development Corp. (DREM) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, DREM's intrinsic value is about $0.66 per share.

Is DREM stock undervalued?

At $0.02 (close on Oct 17, 2026), DREM trades 97% below its Graham value of $0.66. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has Dream Homes & Development Corp. grown?

Revenue went from $568.3K in fiscal 2016 to $10.1M in fiscal 2025, a compound annual growth rate of 37.6%. Net income was $418.3K in fiscal 2025.

Does Dream Homes & Development Corp. generate free cash flow?

Dream Homes & Development Corp. generated $3.9M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 4 of the last 6 reported years.

What is DREM's return on invested capital?

Average ROIC over the last 10 fiscal years was 9.0%, and average return on equity was 1.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this DREM data come from?

From Dream Homes & Development Corp.'s annual 10-K filings on SEC EDGAR, most recently filed Apr 17, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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