Quest Patent Research Corp. (QPRC) intrinsic value & 10-year financials

Quest Patent Research Corp. (QPRC) has a Graham intrinsic value of $14.37 per share. At $0.21 on Oct 17, 2026, the stock trades 99% below that value.

Graham intrinsic value
$14.37
Share price (Oct 17, 2026)
$0.21
Price vs Graham value
99% below
Market cap
$1.1M
Revenue (FY2025)
—
Revenue growth (10-yr CAGR)
10.4%
ROIC (10-yr avg)
29.4%
Free cash flow (FY2025)
—

QPRC 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — -$8.5M -$1.59 — — 65.6%
FY2024 $2.8M -$2.5M -$0.46 -$3.0M -66.1% 27.2%
FY2023 $13.2M $3.6M $0.68 — 37.1% -72.1%
FY2022 $451.2K -$753.5K -$0.14 — -406.1% 89.4%
FY2021 $2.0M -$4.2M -$0.01 — -151.9% 83.2%
FY2020 $5.5M -$1.3M $0.00 — -13.1% 12.9%
FY2019 $4.1M -$1.3M — — -11.4% 9.3%
FY2018 $7.0M -$2.1M — — 0.4% -0.7%
FY2017 $1.2M -$1.2M — — -45.6% 29.0%
FY2016 $1.3M -$956.0K — — -53.5% 50.5%

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

Executive summary

QUEST PATENT RESEARCH CORP revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

QUEST PATENT RESEARCH CORP has earned high returns on invested capital, averaging 29.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

QUEST PATENT RESEARCH 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, QUEST PATENT RESEARCH CORP is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $14.37 per share.

QPRC stock: frequently asked questions

What is the intrinsic value of Quest Patent Research Corp. (QPRC) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 8.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, QPRC's intrinsic value is about $14.37 per share.

Is QPRC stock undervalued?

At $0.21 (close on Oct 17, 2026), QPRC trades 99% below its Graham value of $14.37. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is QPRC's return on invested capital?

Average ROIC over the last 10 fiscal years was 29.4%, and average return on equity was 35.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this QPRC data come from?

From Quest Patent Research Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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