Company Valuation: Garibaldi Resources Corp.

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026
Market Cap 1 48.62 44.97 33.64 11.68 9.625 22.81
Change - -7.5% -25.2% -65.28% -17.59% 136.94%
Enterprise Value (EV) 1 48.47 44.46 31.55 11.56 9.605 22.41
Change - -8.27% -29.04% -63.37% -16.89% 133.35%
P/E -13.7x -24.3x -8.93x -15.4x -0.34x -17.4x
PBR 1.19x 1.13x 0.83x 0.29x 0.83x 2.01x
PEG - 0.5x -0.1x 0.2x -0x 0.2x
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA -63.4x -31.6x -46.5x -17.9x -16.8x -20.5x
EV / EBIT -15.3x -19.8x -20.2x -11.7x -0.31x -18.8x
EV / FCF -6.21x 41.6x -12.5x -7.77x 0.8x -99.5x
FCF Yield -16.1% 2.41% -8% -12.9% 125% -1.01%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0293 -0.0152 -0.0274 -0.005512 -0.2062 -0.008629
Distribution rate - - - - - -
Net sales - - - - - -
EBITDA 1 -0.7651 -1.405 -0.6779 -0.6442 -0.5709 -1.094
EBIT 1 -3.173 -2.245 -1.565 -0.9905 -31.28 -1.195
Net income 1 -3.432 -1.851 -3.464 -0.757 -28.34 -1.254
Net Debt 1 -0.1494 -0.51 -2.088 -0.1221 -0.0197 -0.3913
Reference price 2 0.4000 0.3700 0.2450 0.0850 0.0700 0.1500
Nbr of stocks (in thousands) 121,549 121,549 137,303 137,403 137,503 152,041
Announcement Date 5/28/21 5/31/22 5/30/23 5/29/24 6/2/25 6/1/26
1CAD in Million2CAD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 6.93M
16.54x3.91x7.07x3.56% 216B
11.1x2.74x5.99x5.35% 160B
15.14x4.35x7.19x3.14% 100B
11.78x0.38x6.03x3.43% 87.17B
25.42x6.26x16.33x-.--% 63.02B
59.3x3.2x7.82x2.27% 58.08B
16.41x3.33x6.52x0.55% 33.64B
12.14x3.85x5.94x5.13% 26.28B
12.47x4.49x7.88x3.98% 24.48B
Average 20.03x 3.61x 7.86x 3.05% 76.88B
Weighted average by Cap. 18.36x 3.45x 7.52x 3.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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