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 - 1,204 800.7 844.6 616.9 646.3 - -
Change - - -33.48% 5.49% -26.96% 4.77% - -
Enterprise Value (EV) 1 - 1,153 900.2 1,040 616.9 1,071 1,105 646.3
Change - - -21.91% 15.54% -40.7% 73.67% 3.17% -41.53%
P/E - - 9.87x 46.1x 26.1x 18.8x 6.71x 10x
PBR - - - - - - - -
PEG - - - -0.6x 0.9x 0.4x 0x -0.3x
Capitalization / Revenue - - 2.03x 2.22x 1.37x 1.09x 1.09x 1.09x
EV / Revenue - - 2.28x 2.74x 1.37x 1.81x 1.86x 1.09x
EV / EBITDA - 3.15x 2.95x 3.58x 1.96x 3.09x 2.63x 1.51x
EV / EBIT - - 9.94x 17.6x 13.3x 6.43x 6.24x 4.9x
EV / FCF - 10.3x -16x -14.6x - -20.8x 32.5x 9.37x
FCF Yield - 9.69% -6.26% -6.85% - -4.81% 3.08% 10.7%
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 0.26 0.73 0.49
Distribution rate - - 72.1% 314% 244% - - -
Net sales 1 286.3 - 394.1 380 450.3 591.9 594.3 594
EBITDA 1 - 365.5 305.4 290.8 315 347.2 420.6 428
EBIT 1 - - 90.59 59.26 46.42 166.5 177 132
Net income 1 - - 81.1 18.76 24.35 33.75 95.3 64
Net Debt 1 - -50.83 99.57 195.6 - 425 459 -
Reference price 2 9.810 9.030 6.020 6.460 4.700 4.900 4.900 4.900
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.($)
12.56x2.45x5.43x2.55% 160B
12.69x3.38x6.46x3.52% 104B
8.51x2.61x4.54x2.84% 76.3B
9.97x1.48x4.83x1.89% 60.68B
7.3x2.5x3.96x1.73% 59.27B
9.21x2.56x5.05x2.28% 56.02B
11.63x3.51x5.03x2.21% 55.15B
12.6x3.43x5.21x5.81% 44.59B
12.03x3.93x5.79x1.31% 31.49B
Average 10.72x 2.87x 5.15x 2.68% 71.99B
Weighted average by Cap. 10.99x 2.77x 5.24x 2.71%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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