Company Valuation: Granite Ridge Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 - 1,204 800.7 844.6 616.9 693.8 - -
Change - - -33.48% 5.49% -26.96% 12.47% - -
Enterprise Value (EV) 1 - 1,153 900.2 1,040 616.9 1,228 693.8 693.8
Change - - -21.91% 15.54% -40.7% 99.03% -43.49% 0%
P/E - - 9.87x 46.1x 26.1x 30.1x 9.07x 18.8x
PBR - - - - - - - -
PEG - - - -0.6x 0.9x -10.84x 0x -0.4x
Capitalization / Revenue - - 2.03x 2.22x 1.37x 1.21x 1.22x 1.2x
EV / Revenue - - 2.28x 2.74x 1.37x 2.14x 1.22x 1.2x
EV / EBITDA - 3.15x 2.95x 3.58x 1.96x 3.51x 1.69x 1.64x
EV / EBIT - - 9.94x 17.6x 13.3x 8.83x 4.55x 6.61x
EV / FCF - 10.3x -16x -14.6x - -14.1x 99.1x 17.8x
FCF Yield - 9.69% -6.26% -6.85% - -7.09% 1.01% 5.62%
Dividend per Share 2 - - 0.44 0.44 0.44 - - -
Rate of return - - 7.31% 6.81% 9.36% - - -
EPS 2 - - 0.61 0.14 0.18 0.175 0.58 0.28
Distribution rate - - 72.1% 314% 244% - - -
Net sales 1 286.3 - 394.1 380 450.3 572.6 571 580.5
EBITDA 1 - 365.5 305.4 290.8 315 349.7 410.9 424
EBIT 1 - - 90.59 59.26 46.42 139 152.6 105
Net income 1 - - 81.1 18.76 24.35 22.75 75.8 36
Net Debt 1 - -50.83 99.57 195.6 - 534 - -
Reference price 2 9.810 9.030 6.020 6.460 4.700 5.260 5.260 5.260
Nbr of stocks (in thousands) - 133,295 133,003 130,744 131,251 131,900 - -
Announcement Date 5/16/22 3/27/23 3/7/24 3/6/25 3/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.2x2.11x3.45x - 674M
12.04x2.3x5.39x2.68% 152B
12.29x3.23x6.19x3.74% 98.65B
8.52x2.59x4.58x2.9% 74.8B
7.44x2.47x3.95x1.79% 58.34B
9.81x1.41x4.58x1.99% 57.29B
10.95x3.6x5.27x2.15% 56.7B
9.46x2.51x4.8x2.45% 52.72B
12.75x3.4x5.13x5.67% 43.94B
6.39x1.61x3.98x5.52% 35.51B
Average 11.89x 2.52x 4.73x 3.21% 63.09B
Weighted average by Cap. 10.47x 2.59x 5.05x 3.03%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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