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 - 1,204 800.7 844.6 616.9 745.2 - -
Change - - -33.48% 5.49% -26.96% 20.81% - -
Enterprise Value (EV) 1 - 1,153 900.2 1,040 616.9 1,278 1,143 745.2
Change - - -21.91% 15.54% -40.7% 107.21% -10.56% -34.81%
P/E - - 9.87x 46.1x 26.1x 21.7x 5.77x 7.15x
PBR - - - - - - - -
PEG - - - -0.6x 0.9x 0.5x 0x -0.4x
Capitalization / Revenue - - 2.03x 2.22x 1.37x 1.24x 1.18x 1.23x
EV / Revenue - - 2.28x 2.74x 1.37x 2.13x 1.81x 1.23x
EV / EBITDA - 3.15x 2.95x 3.58x 1.96x 3.6x 2.56x 1.7x
EV / EBIT - - 9.94x 17.6x 13.3x 7.08x 5.02x 4.14x
EV / FCF - 10.3x -16x -14.6x - -26.4x 20.1x 9.68x
FCF Yield - 9.69% -6.26% -6.85% - -3.79% 4.99% 10.3%
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 0.98 0.79
Distribution rate - - 72.1% 314% 244% - - -
Net sales 1 286.3 - 394.1 380 450.3 601 630 606.5
EBITDA 1 - 365.5 305.4 290.8 315 355 445.7 437.2
EBIT 1 - - 90.59 59.26 46.42 180.6 227.8 180
Net income 1 - - 81.1 18.76 24.35 33.75 128.5 104
Net Debt 1 - -50.83 99.57 195.6 - 533 398 -
Reference price 2 9.810 9.030 6.020 6.460 4.700 5.650 5.650 5.650
Nbr of stocks (in thousands) - 133,295 133,003 130,744 131,251 131,900 - -
Announcement Date 16/05/22 27/03/23 07/03/24 06/03/25 05/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.73x2.13x3.6x - 745M
12.7x2.56x5.54x2.32% 175B
12.51x3.46x6.54x3.29% 112B
8.75x2.85x4.7x2.6% 82.85B
16.62x3.86x10.24x5.62% 66.41B
6.83x2.47x3.84x1.67% 62.48B
7.92x1.43x4.47x1.94% 61.15B
16.07x2.01x10.3x4.59% 59.2B
9.02x2.51x4.87x2.26% 56.55B
10.35x3.31x4.64x2.2% 55.2B
Average 12.25x 2.66x 5.87x 2.94% 73.15B
Weighted average by Cap. 11.50x 2.75x 6.05x 2.88%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Granite Ridge Resources, Inc.

Historical PBR trend

Valuation ratios - PBR - Granite Ridge Resources, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Granite Ridge Resources, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Granite Ridge Resources, Inc.

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