Company Valuation: GFM Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1.909 2.863 1.241 1.241 0.5726 0.5726
Change - 50% -56.67% 0% -53.85% 0%
Enterprise Value (EV) 1 2.847 3.993 2.722 3.096 3.026 3.262
Change - 40.27% -31.84% 13.76% -2.24% 7.79%
P/E -8.69x -14.5x -4.06x -3.7x -0.86x -3.36x
PBR -1.99x -2.5x -0.83x -0.65x -0.23x -0.21x
PEG - 1.4x -0.1x -0.38x -0x 0x
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA - - - - - -
EV / EBIT -15.8x -28.4x -16.9x -14.8x -14.6x -17.7x
EV / FCF -20.3x -34x -19.4x -15.9x -12.2x -15.4x
FCF Yield -4.92% -2.95% -5.16% -6.28% -8.18% -6.51%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0115 -0.0103 -0.016 -0.0176 -0.0347 -0.008922
Distribution rate - - - - - -
Net sales - - - - - -
EBITDA - - - - - -
EBIT 1 -0.1805 -0.1407 -0.1608 -0.2095 -0.2079 -0.1839
Net income 1 -0.2196 -0.1968 -0.3052 -0.3351 -0.6628 -0.1703
Net Debt 1 0.9381 1.13 1.481 1.855 2.454 2.69
Reference price 2 0.1000 0.1500 0.0650 0.0650 0.0300 0.0300
Nbr of stocks (in thousands) 19,085 19,085 19,085 19,085 19,085 19,085
Announcement Date 3/24/21 3/17/22 4/11/23 3/21/24 2/28/25 2/27/26
1CAD in Million2CAD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 9.2M
19.3x3.98x7.11x3.6% 221B
11.27x2.81x6.12x5.22% 164B
15.53x4.39x7.28x3.25% 99.67B
12.08x0.38x6.09x3.44% 87.28B
25.53x6.96x18.78x-.--% 67B
49.78x3.09x7.58x1.23% 55.89B
14.5x3x5.94x0.62% 31.16B
13.03x4.22x6.36x4.49% 28.75B
12.77x4.58x8.14x3.98% 24.83B
Average 19.31x 3.71x 8.16x 2.87% 77.97B
Weighted average by Cap. 18.41x 3.56x 7.80x 3.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation GFM Resources Limited