James River Group Holdings, Inc. (JRVR) intrinsic value & 10-year financials
James River Group Holdings, Inc. (JRVR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 1.8% a year to $687.6M, with an average return on invested capital of -1.0%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.82
- Market cap
- $229.3M
- Revenue (FY2025)
- $687.6M
- Revenue growth (10-yr CAGR)
- 1.8%
- ROIC (10-yr avg)
- -1.0%
- Free cash flow (FY2025)
- -$23.6M
JRVR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $687.6M | $47.4M | $0.79 | -$23.6M | — | 9.5% |
| FY2024 | $707.6M | -$81.1M | -$3.06 | -$252.0M | — | -16.3% |
| FY2023 | $812.0M | -$107.7M | -$3.13 | $81.5M | — | -19.8% |
| FY2022 | $813.7M | $31.0M | $0.59 | $214.5M | — | 4.8% |
| FY2021 | $772.9M | -$172.8M | -$4.94 | -$919.8M | — | -22.7% |
| FY2020 | $668.7M | $4.8M | $0.16 | -$274.4M | — | 0.6% |
| FY2019 | $907.1M | $38.3M | $1.25 | $1.5B | — | 5.9% |
| FY2018 | $885.6M | $63.8M | $2.11 | — | — | 9.9% |
| FY2017 | $817.6M | $43.6M | $1.44 | — | — | 6.7% |
| FY2016 | $586.2M | $74.5M | $2.49 | — | — | 11.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
James River Group Holdings, Inc. has demonstrated mature, steady growth, with revenue compounding at 1.8% annually over the past decade.
James River Group Holdings, Inc. returns on capital have been average, hovering around 8.4% ROIC over the decade.
James River Group Holdings, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, James River Group Holdings, Inc. is modeled at -12.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-10.54 per share.