Bogota Financial Corp.

AI-generated fair value estimate for this company.

Method: Residual-income / justified price-to-book model: estimated $9.50 book value per share; 7% normalized sustainable ROE for a small thrift holding company; 10% cost of equity; 2% long-term growth; justified P/B = (ROE - g) / (r - g) = 0.625x applied to book value per share.

Reasoning: As a small bank/thrift holding company, Bogota Financial's value is better captured by a residual-income/justified-book-value framework anchored to its sustainable return on equity relative to its cost of capital than by a cash-flow DCF, since bank statutory cash flows are not representative of economic earnings; its ROE modestly below its cost of equity justifies a book value multiple below 1.0x.