Central Plains Bancshares, Inc.
CPBIdata completeness 88%4 fiscal years on fileData notes: no data for concept 'totalDebt'
Central Plains Bancshares, Inc. earns about 17% on invested capital, comfortably above its ~9% cost of capital — a real edge showing up in the numbers. The estimate methods put fair value between $10.08 and $20.7 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|
| Revenue | $16.1M1 | $21M2 | $24.7M3 | $27.7M3 |
| Net income | $1.65M4 | $3.76M5 | $3.65M6 | $4M6 |
| Operating cash flow | $4.47M7 | $5.71M8 | $4.46M9 | $6.69M9 |
| Capital expenditure | $303,00010 | $2.28M11 | $7.53M12 | $878,00012 |
| Free cash flow (derived) | $4.17M7 | $3.43M8 | −$3.07M9 | $5.81M9 |
| Total debt | — | — | — | — |
| Cash & equivalents | $16.6M13 | $11.5M14 | $28.7M15 | $29.9M15 |
| Diluted shares | 0 | 1.7M | 3.8M | 3.8M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on $233.52 of net worth that earned you $10.5 and generated $15.24 of cash last year.
It earned about 17% on invested capital against a ~9% cost of capital — comfortably above the cost of funding, a moderate advantage.
seeing a moat in the numbers →Not enough history to read capital allocation.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
The 3 estimate methods that apply put fair value between $10.08 and $20.7 a share. They rest on different assumptions, so where they diverge is the story; the Graham Number is a stricter floor, not a target.
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears10
- fcfGrowth0.0%
- fcfBase$3.43M
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears5
- fcfGrowth0.0%
- fcfBase$3.43M
assumptions (8)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- normalizedEarnings$3.71M
- growthAssumed0.0%
assumptions (1)
- grahamMultiplier2250.0%
Different models answer different questions — which to trust when →
| Bear | 0.0% | $20.7 |
| Base | 0.0% | $20.7 |
| Bull | 5.0% | $23.81 |
Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.
Default growth 0.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.
- 10-K · period ending 2023-03-31 · accession 0000950170-24-076246 (InterestAndDividendIncomeOperating)
- 10-K · period ending 2024-03-31 · accession 0000950170-25-090434 (InterestAndDividendIncomeOperating)
- 10-K · period ending 2025-03-31 · accession 0001193125-26-275962 (InterestAndDividendIncomeOperating)
- 10-K · period ending 2023-03-31 · accession 0000950170-24-076246 (NetIncomeLoss)
- 10-K · period ending 2024-03-31 · accession 0000950170-25-090434 (NetIncomeLoss)
- 10-K · period ending 2025-03-31 · accession 0001193125-26-275962 (NetIncomeLoss)
- 10-K · period ending 2023-03-31 · accession 0000950170-24-076246 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2024-03-31 · accession 0000950170-25-090434 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2025-03-31 · accession 0001193125-26-275962 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-03-31 · accession 0000950170-24-076246 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2024-03-31 · accession 0000950170-25-090434 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2025-03-31 · accession 0001193125-26-275962 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2023-03-31 · accession 0000950170-24-076246 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2024-03-31 · accession 0000950170-25-090434 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2025-03-31 · accession 0001193125-26-275962 (CashAndCashEquivalentsAtCarryingValue)