Prairie Operating Co. (PROP) intrinsic value & 10-year financials

Prairie Operating Co. (PROP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 30.1% a year to $241.6M, with an average return on invested capital of -17.5%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$0.34
Market cap
$15.4M
Revenue (FY2025)
$241.6M
Revenue growth (10-yr CAGR)
30.1%
ROIC (10-yr avg)
-17.5%
Free cash flow (FY2025)
—

PROP 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $241.6M $32.1M -$1.35 — 27.1% 37.5%
FY2024 $7.9M -$40.9M -$0.88 — -334.0% -51.1%
FY2023 $1.5M -$79.1M -$5.50 -$12.1M -2173.1% -290.4%
FY2022 $517.6K -$13.4M — -$7.5M -1469.6% -886.4%
FY2021 $807.6K -$17.3M — -$9.3M -2239.7% 487.1%
FY2020 $4.5M -$1.9M -$0.18 -$1.1M -29.1% 21.1%
FY2019 $10.6M -$2.2M -$0.21 -$711.6K -17.6% 24.1%
FY2018 $13.9M -$2.6M -$0.25 -$754.9K -6.8% 63.2%
FY2017 $84.6K -$5.7M — -$2.6M -6310.7% 169.4%
FY2016 $22.7M -$8.5M — -$2.7M -5.2% 250.3%

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

Executive summary

Prairie Operating Co. is a consistent compounder, expanding top-line revenue at 30.1% annually over the past decade.

Prairie Operating Co. returns on capital have been average, hovering around 9.2% ROIC over the decade.

Prairie Operating Co. 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, Prairie Operating Co. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-44.84 per share.

PROP stock: frequently asked questions

What is the intrinsic value of Prairie Operating Co. (PROP) stock?

Graham's formula only works with positive earnings. Prairie Operating Co. reported diluted EPS of -$1.35 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

How fast has Prairie Operating Co. grown?

Revenue went from $22.7M in fiscal 2016 to $241.6M in fiscal 2025, a compound annual growth rate of 30.1%. Net income was $32.1M in fiscal 2025.

What is PROP's return on invested capital?

Average ROIC over the last 10 fiscal years was -17.5%, and average return on equity was 248.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this PROP data come from?

From Prairie Operating Co.'s annual 10-K filings on SEC EDGAR, most recently filed May 14, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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