Patent Owners & Lessors stocks: intrinsic value, ROIC & growth
10 U.S. patent owners & lessors companies with at least three years of SEC filings, ranked by size. 0 of the 6 with a current price trade below their Graham intrinsic value. The median company earned a -13.9% average return on invested capital and grew revenue 3.1% a year.
Updated October 18, 2026
10companies
0below Graham value
-13.9%median 10-yr ROIC
3.1%median revenue CAGR
Highest-ROIC patent owners & lessors stocks
| Ticker | Company | 10-yr ROIC | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|---|
| IDCC | InterDigital, Inc. | 25.3% | $319.30 | $154.54 | 107% above | $11.0B | 25.3% | 2.5% |
| DLB | Dolby Laboratories, Inc. | 12.2% | $59.95 | $38.20 | 57% above | $5.8B | 12.2% | 3.1% |
| APPS | Digital Turbine, Inc. | 1.9% | $9.56 | $5.31 | 80% above | $1.1B | 1.9% | 22.4% |
All patent owners & lessors stocks
| Ticker | Company | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|
| IDCC | InterDigital, Inc. | $319.30 | $154.54 | 107% above | $11.0B | 25.3% | 2.5% |
| DLB | Dolby Laboratories, Inc. | $59.95 | $38.20 | 57% above | $5.8B | 12.2% | 3.1% |
| APPS | Digital Turbine, Inc. | $9.56 | $5.31 | 80% above | $1.1B | 1.9% | 22.4% |
| ACTG | ACACIA RESEARCH CORP | $4.23 | $1.64 | 158% above | $411.0M | -16.7% | 7.2% |
| AERA | AI Era Corp. | $0.03 | $0.01 | 200% above | $155.5M | -39.4% | 51.4% |
| JYNT | JOINT Corp | $7.03 | $6.31 | 11% above | $106.8M | -153.7% | 11.6% |
| NTIP | NETWORK-1 TECHNOLOGIES, INC. | $1.55 | — | — | $35.4M | 5.7% | -49.1% |
| REFR | RESEARCH FRONTIERS INC | $0.56 | — | — | $18.8M | -156.0% | -1.1% |
| XELB | XCel Brands, Inc. | $0.43 | — | — | $1.5M | -13.9% | -19.0% |
| VHC | VirnetX Holding Corp | $10.14 | — | — | $37.0K | -126.4% | -22.2% |
Stock lists
Undervalued Stocks Below Graham Intrinsic Value
Highest ROIC Stocks (10-Year Average)
Highest Free Cash Flow Yield Stocks
Fastest-Growing Stocks by 10-Year Revenue