Globex Mining Enterprises Stock Current Valuation
| GMX Stock | CAD 1.58 0.01 0.63% |
Valuation analysis of Globex Mining Enterprises helps investors to measure Globex Mining's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Globex Mining's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of March 2025, Enterprise Value Multiple is likely to grow to 30.57, while Enterprise Value is likely to drop about 20.2 M. Fundamental drivers impacting Globex Mining's valuation include:
Undervalued
Today
Please note that Globex Mining's price fluctuation is very risky at this time. Calculation of the real value of Globex Mining Enterprises is based on 3 months time horizon. Increasing Globex Mining's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Globex Mining is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Globex Stock. However, Globex Mining's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.58 | Real 1.74 | Hype 1.57 | Naive 1.67 |
The intrinsic value of Globex Mining's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Globex Mining's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Globex Mining Enterprises helps investors to forecast how Globex stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Globex Mining more accurately as focusing exclusively on Globex Mining's fundamentals will not take into account other important factors: Globex Mining Enterprises Company Current Valuation Analysis
Globex Mining's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Globex Mining Current Valuation | 60.24 M |
Most of Globex Mining's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Globex Mining Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Globex Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Globex Mining is extremely important. It helps to project a fair market value of Globex Stock properly, considering its historical fundamentals such as Current Valuation. Since Globex Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Globex Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Globex Mining's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Globex Mining Enterprises has a Current Valuation of 60.24 M. This is 99.47% lower than that of the Metals & Mining sector and 99.69% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.64% higher than that of the company.
Globex Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Globex Mining's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Globex Mining could also be used in its relative valuation, which is a method of valuing Globex Mining by comparing valuation metrics of similar companies.Globex Mining is currently under evaluation in current valuation category among its peers.
Globex Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Globex Mining from analyzing Globex Mining's financial statements. These drivers represent accounts that assess Globex Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Globex Mining's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 37.7M | 60.7M | 38.3M | 51.5M | 46.4M | 48.7M | |
| Enterprise Value | 33.0M | 48.6M | 36.8M | 44.9M | 40.4M | 20.2M |
Globex Fundamentals
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0286 | |||
| Profit Margin | 1.03 % | |||
| Operating Margin | (2.92) % | |||
| Current Valuation | 60.24 M | |||
| Shares Outstanding | 56.1 M | |||
| Shares Owned By Insiders | 13.20 % | |||
| Number Of Shares Shorted | 3.3 K | |||
| Price To Earning | 43.57 X | |||
| Price To Book | 2.68 X | |||
| Price To Sales | 19.90 X | |||
| Revenue | 4.13 M | |||
| Gross Profit | 4.45 M | |||
| EBITDA | 1.39 M | |||
| Net Income | 1.37 M | |||
| Cash And Equivalents | 3.28 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 171.4 K | |||
| Debt To Equity | 1.10 % | |||
| Current Ratio | 12.63 X | |||
| Book Value Per Share | 0.59 X | |||
| Cash Flow From Operations | 2.27 M | |||
| Short Ratio | 0.27 X | |||
| Earnings Per Share | 0.08 X | |||
| Beta | 1.21 | |||
| Market Capitalization | 88.64 M | |||
| Total Asset | 32.42 M | |||
| Retained Earnings | (29.06 M) | |||
| Working Capital | 24.54 M | |||
| Net Asset | 32.42 M |
About Globex Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Globex Mining Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globex Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globex Mining Enterprises based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Globex Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Globex Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Globex Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Globex Stock
| 0.83 | ORE | Orezone Gold Corp Earnings Call Tomorrow | PairCorr |
Moving against Globex Stock
| 0.81 | IE | Ivanhoe Energy | PairCorr |
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| 0.56 | NVDA | NVIDIA CDR | PairCorr |
| 0.33 | GOOG | Alphabet CDR | PairCorr |
The ability to find closely correlated positions to Globex Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Globex Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Globex Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Globex Mining Enterprises to buy it.
The correlation of Globex Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Globex Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Globex Mining Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Globex Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Globex Stock
Globex Mining financial ratios help investors to determine whether Globex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Globex with respect to the benefits of owning Globex Mining security.