Greenidge Generation Holdings Inc. (GREE) intrinsic value & 10-year financials

Greenidge Generation Holdings Inc. (GREE) has a Graham intrinsic value of $11.29 per share. Over the last 7 fiscal years revenue grew 23.9% a year to $58.8M, with an average return on invested capital of -140.6%.

Graham intrinsic value
$11.29
Revenue (FY2025)
$58.8M
Revenue growth (7-yr CAGR)
23.9%
ROIC (10-yr avg)
-140.6%
Free cash flow (FY2025)
—

GREE 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $58.8M $5.3M $0.34 — -6.5% 39.7%
FY2024 $59.5M -$19.8M -$1.88 — -19.2% -282.8%
FY2023 $70.4M -$29.5M -$4.43 — -24.0% -386.2%
FY2022 $90.0M -$271.1M -$6.40 — -259.1% -179.3%
FY2021 $107.3M -$44.5M -$0.00 — -34.6% -28.6%
FY2020 $20.1M -$3.3M — — -13.1% -6.7%
FY2019 — — — — — —

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

Executive summary

Greenidge Generation Holdings Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Greenidge Generation Holdings Inc. has historically struggled to out-earn its cost of capital, averaging just -0.7% ROIC.

Greenidge Generation Holdings 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, Greenidge Generation Holdings Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $11.29 per share.

GREE stock: frequently asked questions

What is the intrinsic value of Greenidge Generation Holdings Inc. (GREE) 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, GREE's intrinsic value is about $11.29 per share.

What is GREE's return on invested capital?

Average ROIC over the last 7 fiscal years was -140.6%, and average return on equity was -47.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this GREE data come from?

From Greenidge Generation Holdings Inc.'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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