BKV Corporation (BKV) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of BKV Corporation stock $12.58, price $17.55, that is 28.3% below the price, quality 40 out of 100. Rating: overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
25‑month range $15.90 – $32.16 · fair‑value band $5.13 – $16.31 · the $17.55 price screens above the $12.58 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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BKV Corporation produces and sells natural gas in the Barnett Shale in the Fort Worth Basin of Texas and in the Marcellus Shale in the Appalachian Basin of Northeast Pennsylvania.
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It is also involved in the gathering, processing, and transportation of natural gas; power generation; and carbon capture, utilization, and sequestration activities. The company was founded in 2015 and is headquartered in Denver, Colorado.
BKV Corporation operates as a subsidiary of Banpu North America Corporation.
Stock analysis
BKV Corporation (BKV) currently trades at $17.55, while our model-based Fair Value estimate is $12.58, 28% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $64.89 per share, and 6 of the 15 models we run sit above the $17.55 price.
Bear case: the Economic Profit group reads lowest at $11.19, and 9 of the 15 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $5.13 (bear) to $16.31 (bull), the price of $17.55 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 40/100 (below-average quality), in the Energy sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
BKV Corporation reported revenue of $896M in FY2025 versus $890M in FY2021, a compound +0.2%/yr. Reported net income was $173M in FY2025.
Key figures
Market cap $1.9B Small · P/E ratio 6.6 · P/S ratio 1.84 · EPS (TTM) $2.64 · Net margin 25.5% · Return on equity 14.1% · Return on assets (EBIT) 3.3% (5-year average) · Operating margin 39.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at 10% fair-value upside, at −28%, BKV screens richer than that median.
Fair Value models
Bear$5.13Fair Value $12.58Bull$16.31
Price $17.55 · Downside -28.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($2.26 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
EPV$6.03$7.15$8.0874
ROIC Compounder$6.03$7.15$8.0870
Owner Earnings$5.97$14.80$30.7768
All 15 models by family
DCF Models
Owner Earnings$5.97$14.80$30.7768
Earnings-Based
Graham-Dodd$10.76$75.02$105.2861
Lynch FV$38.76$55.37$71.9859
PEG = 1.0$38.76$55.37$71.9855
EPV$6.03$7.15$8.0874
Multiples
P/E Multiple$16.61$22.15$27.6963
P/S Multiple$7.37$9.82$12.2858
P/B Multiple$24.92$33.23$41.5455
EV/EBIT$8.29$11.93$15.5765
EV/EBITDA$10.46$14.82$19.1967
EV/Revenue$4.25$7.20$10.1452
Asset-Based
NCAV (Graham)$9.23$12.37$18.4654
Economic Profit
Residual Income$14.52$15.23$16.8768
ROIC Compounder$6.03$7.15$8.0870
Growth Earnings
Growth-Adj P/E$45.43$64.89$84.3665
The fair value above starts from this blend and is adjusted for dilution from new shares.
In the last 6 months, 4 officers or directors sold shares worth $1.7M and none bought.
SaleJavier HinojosaSenior Vice President of Power3× since Aug 21, 2026: 24,757 shares, avg. $23.84$590,328Oct 23, 202610b5-1 plan
SaleDavid TameronChief Financial Officer3× since Mar 27, 2026: 13,121 shares, avg. $28.21$370,094Aug 21, 202610b5-1 plan
SaleLindsay B LarrickChief Legal and Admin Officer10,000 shares at $26.16$261,600Aug 14, 202610b5-1 plan
SaleEric S JacobsenPresident, Upstream2× since May 1, 2026: 50,000 shares, avg. $28.93$1.4MJun 1, 202610b5-1 plan
SaleChristopher P KalninChief Executive Officer, Director4× since Nov 10, 2025: 400,000 shares, avg. $27.85$11.1MMar 25, 202610b5-1 plan
Plus 13 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+48.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−18.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+48.9%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−15.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−15.8%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−8% → 18%
News mood ⓘNews mood, the average tone of recent news (96 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: The integrated model linking gas production to power generation and carbon capture offers a potential edge, yet negative free cash flow and limited competitive advantages constrain the business quality.
Main risk: Capital intensity and execution demands across power generation and CCUS could strain cash flows and returns in the integrated Barnett operations.
BKV is securing long-lead turbines and equipment for a Texas gas-fired power project with hyperscaler support covering most early payments and serving as the intended offtaker. This advances the integrated model that ties Barnett gas production to power generation and carbon capture. Will the backstop arrangement translate into a firm long-term offtake deal by March 2027, or will capital intensity and execution demands across power and CCUS outweigh the gains?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas E&P · 239 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score40 · Below median
Fair Value upside−28.3% · Below median
Profitability
Return on equity (12 months)14.1% · Above median
Return on assets5.5% · Above median
Net margin (12 months)25.5% · Above median
Operating margin (12 months)39.5% · Above median
Growth and dividend
Revenue growth (quarter YoY)18.8% · Below median
Balance sheet
Debt / equity0.24× · Below median
Valuation Multiplesvs Oil & Gas E&P median · lower = cheaper
P/E (12 months)6.6× · Cheapest 25%
P/B0.94× · Cheaper than median
P/S (12 months)1.84× · Cheaper than median
EV/EBITDA3.9× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 22
FUTURE (revenue growth)94· sector 100
PAST (return on equity)56· sector 30
HEALTH (low debt)88· sector 85
DIVIDEND (yield)0· sector 72
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "BKV Corporation Fair Value". https://www.fairvalue-calculator.com/stock/BKV
Frequently asked questions
Is BKV Corporation (BKV) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $12.58 versus a price of $17.55, about 28% lower (overvalued).
What is the fair value of BKV?
Our model-based fair value for BKV Corporation is $12.58 (as of Nov 6, 2026), built from audited fundamentals. The current price: $17.55.
What is the quality score of BKV?
BKV Corporation has a Quality Score of 40/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for BKV Corporation (BKV)?
Our model-based price target is the fair value of $12.58 (as of Nov 6, 2026) from 15 valuation models. Cautious scenario $5.13, optimistic scenario $16.31. It is a calculation from audited fundamentals, not an analyst target.
What is the BKV Corporation stock forecast for 2026?
Our models put fair value at $12.58, about 28% lower versus a price of $17.55 (overvalued). Cautious scenario $5.13, optimistic scenario $16.31. The calculation is refreshed regularly with new filings.
What is the revenue of BKV Corporation (BKV)?
BKV Corporation reported trailing-twelve-month revenue of about $1.0B (latest available figure, as of Nov 6, 2026).
What is the intrinsic value of BKV Corporation (BKV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BKV Corporation it is $12.58 per share (as of Nov 6, 2026), against a price of $17.55. It is the blended result of 15 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is BKV Corporation stock overvalued or undervalued in 2026?
As of Nov 6, 2026, BKV trades above its calculated fair value: price $17.55, fair value $12.58, a gap of about −28% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BKV?
No. The price is what the market pays today ($17.55); the fair value is what the company's own numbers justify ($12.58). For BKV Corporation the two are $4.97 per share apart. That gap is exactly why we show both numbers side by side.
How much is BKV Corporation worth?
The market values BKV Corporation at about $1.9B (market capitalisation, as of Nov 6, 2026). Per share that is $17.55; our models calculate a fair value of $12.58 per share.
What do the bullish and bearish scenarios say about BKV?
Our models span a range for BKV Corporation: cautious scenario $5.13, base $12.58, optimistic $16.31 per share (as of Nov 6, 2026, price $17.55). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BKV?
BKV Corporation trades at a price-to-earnings ratio of 6.6 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $12.58 is built from several models across several years. Other multiples: P/B 0.9, P/S 1.8, EV/EBITDA 3.9.
How solid is the balance sheet of BKV Corporation (BKV)?
Balance-sheet figures for BKV Corporation (as of Nov 6, 2026): return on equity 14.1%, debt of 0.24 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is BKV from its 52-week high?
BKV Corporation trades at $17.55, about 45% below its 52-week high of $32.16 and at the low of $17.55 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $12.58 is for.
Which stocks are comparable to BKV Corporation?
From the same area (Energy) we also value ConocoPhillips explores for,, CNOOC Limited, Canadian Natural Resources Limited, EOG Resources, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is BKV Corporation stock attractive at the current price?
The data as of Nov 6, 2026: price $17.55, calculated fair value $12.58 (−28%), Quality Score 40/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BKV calculated?
We run BKV Corporation through 15 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $12.58 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. BKV Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of BKV Corporation (BKV)?
The closing price on Nov 6, 2026 was $17.55. Our model-based fair value is $12.58, about 28% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BKV Corporation right now?
The price sits above even our optimistic bull case ($16.31). The favourable scenario is already priced in. Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($5.13 to $16.31). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of BKV Corporation
How large is the market capitalisation of BKV Corporation (BKV)?
The market capitalisation of BKV Corporation is $1.9B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of BKV Corporation (BKV)?
The price-to-sales ratio of BKV Corporation is 1.84 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of BKV Corporation (BKV)?
Earnings per share at BKV Corporation are $2.64 (price ÷ EPS = P/E 6.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of BKV Corporation (BKV)?
The net margin of BKV Corporation is 25.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of BKV Corporation (BKV)?
The return on equity (ROE) of BKV Corporation is 14.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of BKV Corporation (BKV)?
On an EBIT basis the return on assets of BKV Corporation is 3.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of BKV Corporation (BKV)?
The operating margin of BKV Corporation is 39.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BKV Corporation (BKV)?
Revenue at BKV Corporation is growing +18.8% versus a year earlier (3y avg −18.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at BKV Corporation (BKV)?
Earnings per share at BKV Corporation are growing −47.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does BKV Corporation (BKV) generate?
The free cash flow of BKV Corporation is −$57.5M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does BKV Corporation (BKV) carry?
The net debt of BKV Corporation is $287M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 6, 2026