Granite Ridge Valuation
| GRNT Stock | USD 6.45 0.01 0.16% |
At this time, the firm appears to be undervalued. Granite Ridge Resources retains a regular Real Value of $7.41 per share. The prevalent price of the firm is $6.45. Our model calculates the value of Granite Ridge Resources from evaluating the firm fundamentals such as return on equity of 0.0731, and Return On Asset of 0.08 as well as inspecting its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Granite Ridge's valuation include:
Price Book 1.2766 | Enterprise Value 987.5 M | Enterprise Value Ebitda 3.8935 | Price Sales 2.3886 | Forward PE 9.6246 |
Undervalued
Today
Please note that Granite Ridge's price fluctuation is not too volatile at this time. Calculation of the real value of Granite Ridge Resources is based on 3 months time horizon. Increasing Granite Ridge's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Granite Ridge's intrinsic value may or may not be the same as its current market price of 6.45, 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 6.45 | Real 7.41 | Target 8.5 | Hype 6.46 |
The intrinsic value of Granite Ridge'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 Granite Ridge'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 Granite Ridge Resources helps investors to forecast how Granite 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 Granite Ridge more accurately as focusing exclusively on Granite Ridge's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Granite Ridge's intrinsic value based on its ongoing forecasts of Granite Ridge's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Granite Ridge's closest peers.
Granite Ridge Cash |
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Granite Valuation Trend
Granite Ridge's real value is important for investors to make better decisions and a more accurate overall view of Granite Ridge's financial worth over time. Using both Granite Ridge's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.
Granite Revenue by Product
Granite Ridge Total Value Analysis
Granite Ridge Resources is currently estimated to have valuation of 987.55 M with market capitalization of 856.37 M, debt of 110 M, and cash on hands of 172.1 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Granite Ridge fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
987.55 M | 856.37 M | 110 M | 172.1 K |
Granite Ridge Investor Information
About 52.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Granite Ridge Resources has Price/Earnings (P/E) ratio of 459.5. The entity last dividend was issued on the 29th of November 2024. The firm had 2499:1000 split on the 26th of March 2021. Based on the measurements of operating efficiency obtained from Granite Ridge's historical financial statements, Granite Ridge Resources may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Total Cash From Operating Activities | 160.2 M | 302.9 M |
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Granite Ridge Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Granite Ridge has an asset utilization ratio of 42.51 percent. This implies that the Company is making $0.43 for each dollar of assets. An increasing asset utilization means that Granite Ridge Resources is more efficient with each dollar of assets it utilizes for everyday operations.Granite Ridge Ownership Allocation
Granite Ridge Resources has a total of 130.74 Million outstanding shares. Granite Ridge secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.Granite Ridge Profitability Analysis
The company reported the previous year's revenue of 394.07 M. Net Income was 81.1 M with profit before overhead, payroll, taxes, and interest of 422.12 M.Granite Ridge Past Distributions to stockholders
About Granite Ridge Valuation
The stock valuation mechanism determines Granite Ridge's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Granite Ridge Resources based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Granite Ridge. We calculate exposure to Granite Ridge's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Granite Ridge's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 145.2 M | 194.2 M | |
| Pretax Profit Margin | 0.27 | 0.14 | |
| Operating Profit Margin | 0.30 | 0.31 | |
| Net Profit Margin | 0.21 | 0.12 | |
| Gross Profit Margin | 0.37 | 0.35 |
A single share of Granite Ridge represents a small ownership stake in the entity. As a stockholder of Granite, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Granite Ridge Dividends Analysis For Valuation
At this time, Granite Ridge's Dividends Paid is comparatively stable compared to the past year. Dividend Yield is likely to gain to 0.08 in 2024, whereas Dividend Payout Ratio is likely to drop 0.69 in 2024. . At this time, Granite Ridge's Retained Earnings are comparatively stable compared to the past year. Earnings Yield is likely to gain to 0.11 in 2024, whereas Retained Earnings Total Equity is likely to drop slightly above 25.9 M in 2024.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 58.6 M | 61.5 M | |
| Dividend Yield | 0.07 | 0.08 | |
| Dividend Payout Ratio | 0.72 | 0.69 | |
| Dividend Paid And Capex Coverage Ratio | 0.72 | 0.52 |
There are various types of dividends Granite Ridge can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Granite shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Granite Ridge Resources directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Granite pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Granite Ridge by the value of the dividends paid out.
Granite Ridge Growth Indicators
Investing in growth stocks can be very risky. If the company such as Granite Ridge does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 133.1 M | |
| Quarterly Earnings Growth Y O Y | -0.469 | |
| Forward Price Earnings | 9.6246 |
Granite Ridge Current Valuation Indicators
Granite Ridge's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Granite Ridge's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Granite Ridge, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Granite Ridge's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Granite Ridge's worth.Additional Tools for Granite Stock Analysis
When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.