Gold Royalty Corp. (GROY) intrinsic value & 10-year financials
Gold Royalty Corp. (GROY) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue grew 200.3% a year to $15.6M, with an average return on invested capital of -4.8%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $15.6M
- Revenue growth (6-yr CAGR)
- 200.3%
- ROIC (10-yr avg)
- -4.8%
- Free cash flow (FY2025)
- —
GROY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $15.6M | -$4.1M | -$0.02 | — | — | -0.7% |
| FY2024 | $10.1M | -$3.4M | -$0.02 | — | — | -0.6% |
| FY2023 | $3.0M | -$26.8M | -$0.18 | — | — | -5.1% |
| FY2022 | $3.9M | -$17.3M | -$0.14 | -$19.3M | — | -4.6% |
| FY2021 | $192.0K | -$15.0M | -$0.45 | -$12.0M | — | -13.3% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Gold Royalty Corp. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Gold Royalty Corp. has historically struggled to out-earn its cost of capital, averaging just -4.8% ROIC.
Gold Royalty 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, Gold Royalty 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.