Scholar Rock Holding Corp. (SRRK) intrinsic value & 10-year financials

Scholar Rock Holding Corp. (SRRK) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 17.4% a year to $0, with an average return on invested capital of -92.9%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$39.90
Market cap
$4.6B
Revenue (FY2025)
$0
Revenue growth (10-yr CAGR)
17.4%
ROIC (10-yr avg)
-92.9%
Free cash flow (FY2025)
-$300.6M

SRRK 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $0 -$377.9M -$3.29 -$300.6M — -274.4%
FY2024 — -$246.3M -$2.47 -$201.0M — -115.1%
FY2023 — -$165.8M -$1.99 -$145.3M — -83.7%
FY2022 $33.2M -$134.5M -$2.26 -$133.8M -404.8% -108.7%
FY2021 $18.8M -$131.8M -$3.59 -$132.0M -690.5% -145.6%
FY2020 $15.4M -$86.5M -$2.81 -$64.4M -564.0% -74.3%
FY2019 $20.5M -$51.0M — -$66.2M -266.2% -141.0%
FY2018 $0 -$49.3M — $23.1M — 83.6%
FY2017 — -$25.0M — -$22.1M — 22.8%
FY2016 — — — — — —

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

Executive summary

Scholar Rock Holding Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Scholar Rock Holding Corp has historically struggled to out-earn its cost of capital, averaging just -62.7% ROIC.

Scholar Rock Holding 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, Scholar Rock Holding Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-109.28 per share.

SRRK stock: frequently asked questions

What is the intrinsic value of Scholar Rock Holding Corp. (SRRK) stock?

Graham's formula only works with positive earnings. Scholar Rock Holding Corp. reported diluted EPS of -$3.29 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Scholar Rock Holding Corp. generate free cash flow?

Scholar Rock Holding Corp. generated -$300.6M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 1 of the last 9 reported years.

What is SRRK's return on invested capital?

Average ROIC over the last 10 fiscal years was -92.9%, and average return on equity was -68.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this SRRK data come from?

From Scholar Rock Holding Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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