Orrstown Financial Services Inc. (ORRF) intrinsic value & 10-year financials
Orrstown Financial Services Inc. (ORRF) has a Graham intrinsic value of $138.84 per share. At $41.66 on Oct 17, 2026, the stock trades 70% below that value. Over the last 10 fiscal years revenue grew 38.9% a year to $37.1M, with an average return on invested capital of 11.2%.
- Graham intrinsic value
- $138.84
- Share price (Oct 17, 2026)
- $41.66
- Price vs Graham value
- 70% below
- Market cap
- $806.3M
- Revenue (FY2025)
- $37.1M
- Revenue growth (10-yr CAGR)
- 38.9%
- ROIC (10-yr avg)
- 11.2%
- Free cash flow (FY2025)
- $70.5M
ORRF 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $37.1M | $80.9M | $4.18 | $70.5M | — | 14.6% |
| FY2024 | $27.3M | $22.1M | $1.48 | $33.4M | — | 9.2% |
| FY2023 | $19.5M | $35.7M | $3.42 | $41.4M | — | 16.7% |
| FY2022 | $19.5M | $22.0M | $2.06 | $35.3M | — | 16.0% |
| FY2021 | $18.9M | $32.9M | $2.96 | $39.6M | — | 28.5% |
| FY2020 | $17.1M | $26.5M | $2.40 | $28.9M | — | 10.0% |
| FY2019 | $18.0M | $16.9M | $1.61 | $6.2M | — | 5.5% |
| FY2018 | $15.0M | $12.8M | $1.50 | $17.7M | — | 4.9% |
| FY2017 | $1.9M | $8.1M | $0.98 | $13.7M | — | 3.2% |
| FY2016 | $1.9M | $6.6M | $0.81 | $2.2M | — | 3.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ORRSTOWN FINANCIAL SERVICES INC is a consistent compounder, expanding top-line revenue at 38.9% annually over the past decade.
ORRSTOWN FINANCIAL SERVICES INC returns on capital have been average, hovering around 11.2% ROIC over the decade.
ORRSTOWN FINANCIAL SERVICES 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, ORRSTOWN FINANCIAL SERVICES INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $138.84 per share.