Company Valuation: Globex Mining Enterprises Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 37.95 60.91 38.43 51.43 67.28 95.81
Change - 60.48% -36.9% 33.83% 30.81% 42.4%
Enterprise Value (EV) 1 27.54 34.2 16.81 26.81 38.33 58.79
Change - 24.17% -50.85% 59.46% 42.98% 53.38%
P/E 6.32x 2.62x -9.27x 46.5x 60x 15.7x
PBR 3.49x 1.74x 1.24x 1.59x 2x 2.38x
PEG - 0x 0x -0x -12,000x 0x
Capitalization / Revenue 5.13x 1.73x 19.2x 12.5x 45.5x 66.1x
EV / Revenue 3.72x 0.97x 8.4x 6.49x 25.9x 40.5x
EV / EBITDA 6.04x 1.08x -7.62x 19.3x -20.2x -16.4x
EV / EBIT 6.09x 1.08x -7.34x 20.6x -19.3x -16x
EV / FCF 6.48x 1.81x -4.36x 76.4x -67.2x -148x
FCF Yield 15.4% 55.3% -22.9% 1.31% -1.49% -0.68%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.1092 0.42 -0.0744 0.02 0.02 0.108
Distribution rate - - - - - -
Net sales 1 7.399 35.27 2 4.128 1.48 1.45
EBITDA 1 4.559 31.6 -2.206 1.388 -1.896 -3.585
EBIT 1 4.525 31.56 -2.289 1.304 -1.985 -3.664
Net income 1 5.965 23.71 -4.134 1.373 1.325 6.063
Net Debt 1 -10.41 -26.71 -21.62 -24.63 -28.95 -37.02
Reference price 2 0.690 1.100 0.690 0.930 1.200 1.700
Nbr of stocks (in thousands) 55,004 55,370 55,695 55,303 56,066 56,357
Announcement Date 25/03/21 30/03/22 28/03/23 25/03/24 26/03/25 31/03/26
1CAD in Million2CAD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 8.35Cr
17.98x4.26x7.66x3.23% 24TCr
12.28x3.02x6.58x4.79% 18TCr
17x4.81x7.94x2.83% 11TCr
13.22x0.4x6.53x3.14% 9.55TCr
28.4x7.02x18.44x-.--% 7.18TCr
52.91x3.26x8.03x1.17% 5.94TCr
15.68x3.24x6.4x0.57% 3.4TCr
14.65x4.79x7.22x3.97% 3.23TCr
13.51x4.87x8.64x3.76% 2.63TCr
Average 20.63x 3.96x 8.61x 2.61% 8.43TCr
Weighted average by Cap. 19.10x 3.80x 8.25x 3.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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