Company Valuation: Gulf Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 41.19 45.33 32.36 17.21 6.088 5.696
Change - 10.06% -28.62% -46.81% -64.63% -6.43%
Enterprise Value (EV) 1 -42.43 -40.37 -66.18 -45.53 4.739 23.3
Change - 4.84% -63.93% 31.21% 110.41% 391.66%
P/E -4.72x -49x 3.08x -0.28x -0.1x -0.11x
PBR 0.15x 0.16x 0.12x 0.09x 0.04x 0.05x
PEG - 0.5x -0x 0x 0.01x 0x
Capitalization / Revenue 1.46x 0.82x 0.49x 0.57x 0.79x 0.22x
EV / Revenue -1.5x -0.73x -1x -1.52x 0.62x 0.92x
EV / EBITDA -54x -1.86x -2.3x -102x -0.36x 3.03x
EV / EBIT 4.38x -4.24x -4.02x 3.83x -0.22x -2.72x
EV / FCF 2.07x 4.63x 8.31x -13.2x -0.09x -1.29x
FCF Yield 48.2% 21.6% 12% -7.59% -1,142% -77.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -8.725 -0.883 10.02 -59.21 -54.94 -32.95
Distribution rate - - - - - -
Net sales 1 28.21 55.03 66.09 30.04 7.661 25.42
EBITDA 1 0.7862 21.73 28.74 0.4482 -13.27 7.693
EBIT 1 -9.683 9.514 16.48 -11.89 -21.28 -8.569
Net income 1 -8.42 -0.9247 10.06 -61.8 -58.94 -43.92
Net Debt 1 -83.62 -85.71 -98.54 -62.74 -1.348 17.61
Reference price 2 41.200 43.300 30.900 16.500 5.675 3.700
Nbr of stocks (in thousands) 1,000 1,047 1,047 1,043 1,073 1,540
Announcement Date 4/8/21 4/12/22 3/31/23 9/27/24 4/11/25 8/17/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 5.19M
31.05x7.1x18.15x1.26% 235B
28.29x4.36x14.06x2.1% 125B
30.26x3.67x18.8x0.95% 81.34B
19.45x6.93x30.79x3.8% 73.24B
91.19x6.69x15.57x2.35% 68.4B
82.07x1.21x8.18x6.33% 34.95B
10.67x1.14x6.2x3.11% 31.4B
15.43x1.76x10.36x2.62% 24.59B
42.29x5.38x28.62x1.35% 23.31B
Average 38.97x 4.25x 16.75x 2.65% 69.63B
Weighted average by Cap. 36.62x 5.34x 17.61x 2.14%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Gulf Resources, Inc.

Historical PBR trend

Valuation ratios - PBR - Gulf Resources, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Gulf Resources, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Gulf Resources, Inc.

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