Playboy, Inc. (PLBY) intrinsic value & 10-year financials
Playboy, Inc. (PLBY) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 7 fiscal years revenue grew 171.8% a year to $120.9M, with an average return on invested capital of -27.6%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $1.06
- Market cap
- $106.3M
- Revenue (FY2025)
- $120.9M
- Revenue growth (7-yr CAGR)
- 171.8%
- ROIC (10-yr avg)
- -27.6%
- Free cash flow (FY2025)
- -$1.0M
PLBY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $120.9M | -$12.7M | -$0.13 | -$1.0M | -6.6% | -4.5% |
| FY2024 | $116.1M | -$79.4M | -$1.04 | -$21.4M | -43.8% | -26.1% |
| FY2023 | $142.9M | -$180.4M | -$2.53 | -$46.8M | -133.2% | -61.4% |
| FY2022 | $266.9M | -$277.7M | -$5.86 | -$67.7M | -122.0% | -56.1% |
| FY2021 | $246.6M | -$77.7M | -$2.04 | -$54.2M | -27.9% | -17.0% |
| FY2020 | $147.7M | -$1.1M | -$0.24 | -$1.3M | -0.7% | -0.7% |
| FY2019 | $300.0K | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Playboy, Inc. is a consistent compounder, expanding top-line revenue at 171.8% annually over the past decade.
Playboy, Inc. has historically struggled to out-earn its cost of capital, averaging just -27.6% ROIC.
Playboy, 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, Playboy, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-4.32 per share.