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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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EEDGAR/calls
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Home›Stocks›BAR

BAR

GraniteShares Gold Trust

Next earnings ≈ Aug 9, 2026 · est. from filing cadence

Hold
$40.06
▲ +1.11%
$40.06▲ +20.26%
over 1Y
L $32.23EODHDH $53.16
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.1%
1W-2.9%
1M-8.6%
3M-9.9%
YTD-6.1%
1Y+20.3%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
A
Valuation
Undervalued
Filings
Watch
Hold
Conviction
Horizon
Medium (3–12mo)

Undemanding valuation (P/E 4.3).

P/E (price / FY EPS) 4.3 · current

The read

Middling fundamentals offset by an attractive price (~788% below fair value) — worth a look on the value angle.

GraniteShares Gold Trust shows limited reported revenue.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—————
Gross profit—————
Operating income—————
Net income-$12.0M$19.6M$39.7M$188M$316M
Diluted EPS—$0.36$0.78$4.03$9.36
Net margin—————

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)0.06
Earnings yield23.5%
FCF yield—

Quality & risk

ROIC (est.)—
Free cash flow—
Total debt—
Net cash—

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+0.1%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-05-14
  2. 10-Q Quarterly report2026-05-08
  3. 10-Q Quarterly report2026-02-04
  4. 10-Q Quarterly report2025-11-04
  5. 10-K Annual report2025-08-11
  6. 10-Q Quarterly report2025-05-08
  7. S-3 Shelf registration (potential raise)2025-02-27
  8. 10-Q Quarterly report2025-02-03
  9. 10-Q Quarterly report2024-11-08

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-05-142026-05-14open ↗10-QPeriod ending 2026-03-312026-05-08open ↗10-QPeriod ending 2025-12-312026-02-04open ↗424IFiling2025-12-03open ↗10-QPeriod ending 2025-09-302025-11-04open ↗10-KPeriod ending 2025-06-302025-08-11open ↗10-QPeriod ending 2025-03-312025-05-08open ↗EFFECTFiling2025-03-14open ↗424B3Filing2025-03-14open ↗CORRESPFiling2025-03-11open ↗UPLOADFiling2025-03-06open ↗S-3Filing2025-02-27open ↗

Quality score

A
ValueGrowthProfitHealthMom.
ValueA+
GrowthA+
Profitability—
Financial healthA-
Momentum—
  • ✓Profitable (positive net income)
  • ✓P/E below 25

Fair value est.

$355.68

Undervalued +788% vs price

cheapfair valueexpensive

Modified Graham: EPS $9.36 × (8.5 + 1.5 × 22.0% growth) × 1.00 quality = 38.0× multiple. An estimate, not a price target.

Revenue
—
Net margin
—
ROE
—
P/E
4.3

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Net income$316M+68.2%
Diluted EPS$9.36+132.3%
Total assets$1.11B+39.8%
Total liabilities$162K+18.2%

Frequently asked

Is GraniteShares Gold Trust (BAR) a buy?
BAR currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Undemanding valuation (P/E 4.3).
What is BAR's fair value?
A Modified-Graham model based on BAR's SEC fundamentals estimates a fair value of about $355.68. It is an estimate from reported earnings, not a price target.
Is BAR overvalued or undervalued?
Against a Modified-Graham fair-value estimate, BAR currently appears undervalued relative to its SEC-grounded earnings power.
What is GraniteShares Gold Trust's quality score?
BAR scores 89.99999999999999/100 (grade A) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001690437, latest 10-Q filed 2026-05-08) · EODHD · as of 6/28/2026, 8:31:32 AM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Recent news

market news →
Gold reclaims $4,000 but analysts see more room to move lowerBullish
seekingalpha.com· 2026-06-25
Gold ​dips below $4,000 ​on stronger dollar, rising rate-hike expectations
seekingalpha.com· 2026-06-24
Gold price not likely to reach $5,200/oz target without stronger ETF inflows, Morgan Stanley says
seekingalpha.com· 2026-06-22
Goldman Sachs cuts year-end gold forecast by $500 on fading Fed rate cut hopes
seekingalpha.com· 2026-06-19
Hawkish Fed talk sparks concern for potential $4,000 gold next weekBullish
seekingalpha.com· 2026-06-18
Gold turns lower after-hours as Federal Reserve holds rates steadyBullish
seekingalpha.com· 2026-06-17

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score90 vs 67
Revenue growth— vs 7.1%
Net margin— vs 10.5%
Return on equity— vs 12.3%
P/E4.3 vs 25.5

News sentiment

EODHD · 18d
Bearish
-0.32
vs typical · 20 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.