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 - 1,204 800.7 844.6 616.9 639.7 - -
Change - - -33.48% 5.49% -26.96% 3.7% - -
Enterprise Value (EV) 1 - 1,153 900.2 1,040 616.9 1,174 639.7 639.7
Change - - -21.91% 15.54% -40.7% 90.26% -45.5% 0%
P/E - - 9.87x 46.1x 26.1x 162x 7.82x 9.51x
PBR - - - - - - - -
PEG - - - -0.6x 0.9x -1.9x 0x -0.5x
Capitalization / Revenue - - 2.03x 2.22x 1.37x 1.13x 1.14x 1.1x
EV / Revenue - - 2.28x 2.74x 1.37x 2.07x 1.14x 1.1x
EV / EBITDA - 3.15x 2.95x 3.58x 1.96x 3.37x 1.55x 1.51x
EV / EBIT - - 9.94x 17.6x 13.3x 7.81x 3.97x 4.44x
EV / FCF - 10.3x -16x -14.6x - -13.5x 91.4x 16.4x
FCF Yield - 9.69% -6.26% -6.85% - -7.41% 1.09% 6.1%
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 0.03 0.62 0.51
Distribution rate - - 72.1% 314% 244% - - -
Net sales 1 286.3 - 394.1 380 450.3 566.5 563 583.5
EBITDA 1 - 365.5 305.4 290.8 315 348.2 413.1 424.3
EBIT 1 - - 90.59 59.26 46.42 150.2 161 144
Net income 1 - - 81.1 18.76 24.35 3.85 81.6 67
Net Debt 1 - -50.83 99.57 195.6 - 534 - -
Reference price 2 9.810 9.030 6.020 6.460 4.700 4.850 4.850 4.850
Nbr of stocks (in thousands) - 133,295 133,003 130,744 131,251 131,896 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
161.67x2.07x3.37x - 640M
11.55x2.27x5.44x2.81% 147B
12.14x3.33x6.08x3.81% 96.73B
8.56x2.8x4.79x2.82% 77.97B
13.35x3.72x5.42x2.12% 57.58B
8.04x2.65x4.16x1.76% 56.99B
9.55x1.41x4.79x2.08% 54.88B
10.69x2.56x4.88x2.61% 51.95B
12.19x3.36x4.99x6.3% 43.03B
12.4x4.02x5.78x1.25% 33.17B
Average 26.01x 2.82x 4.97x 2.84% 61.95B
Weighted average by Cap. 11.10x 2.79x 5.22x 2.89%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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