Financials Griffin Mining Limited Börse Stuttgart

Equities

Market Closed - Börse Stuttgart Other stock markets 07:01:01 28/06/2024 pm IST			5-day change	1st Jan Change
1.69 ^EUR	-1.74%		-2.87%	+77.89%

27/06	Berenberg cuts Anglo American and Rio Tinto	AN
16/05	EARNINGS AND TRADING: Griffin Mining profit up; Secure Trust confident	AN

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	156.5	225	213	158.2	210.9	360.3	-	-
Enterprise Value (EV) ¹	139.2	208.9	175.8	124.9	210.9	271.8	233.1	192.7
P/E ratio	-	26.8 x	9.09 x	20.6 x	13.8 x	11.5 x	11.5 x	17.8 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	1.9 x	2.98 x	1.75 x	1.68 x	1.44 x	2.12 x	2.16 x	2.34 x
EV / Revenue	1.69 x	2.77 x	1.45 x	1.32 x	1.44 x	1.6 x	1.4 x	1.25 x
EV / EBITDA	5.24 x	7.48 x	3.29 x	3.74 x	4.28 x	3.71 x	3.32 x	3.34 x
EV / FCF	-	-5,647 x	8 x	-23.3 x	-	6.71 x	6.1 x	4.88 x
FCF Yield	-	-0.02%	12.5%	-4.3%	-	14.9%	16.4%	20.5%
Price to Book	-	1.02 x	0.81 x	0.65 x	-	1.26 x	1.09 x	1.01 x
Nbr of stocks (in thousands)	1,72,246	1,72,286	1,73,953	1,73,953	1,91,556	1,83,932	-	-
Reference price ²	0.9083	1.306	1.224	0.9095	1.101	1.959	1.959	1.959
Announcement Date	17/06/20	13/05/21	13/05/22	09/05/23	15/05/24	-	-	-

¹USD in Million²USD

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	82.27	75.4	121.6	94.4	146	169.9	167.1	153.9
EBITDA ¹	26.57	27.95	53.46	33.38	49.22	73.22	70.26	57.66
EBIT ¹	14.22	15.15	36.92	15.62	23.84	44.04	41.4	29.1
Operating Margin	17.29%	20.09%	30.35%	16.55%	16.32%	25.93%	24.78%	18.91%
Earnings before Tax (EBT) ¹	-	14.52	36.53	15.27	24.49	42	42	28
Net income ¹	-	8.91	25.38	7.704	15.24	32	32	21
Net margin	-	11.82%	20.86%	8.16%	10.43%	18.84%	19.15%	13.65%
EPS ²	-	0.0488	0.1347	0.0441	0.0798	0.1700	0.1700	0.1100
Free Cash Flow ¹	-	-0.037	21.99	-5.369	-	40.5	38.2	39.45
FCF margin	-	-0.05%	18.08%	-5.69%	-	23.84%	22.86%	25.64%
FCF Conversion (EBITDA)	-	-	41.13%	-	-	55.31%	54.37%	68.42%
FCF Conversion (Net income)	-	-	86.65%	-	-	126.56%	119.38%	187.86%
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	17/06/20	13/05/21	13/05/22	09/05/23	15/05/24	-	-	-

¹USD in Million²USD

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	17.3	16.1	37.2	33.3	-	88.5	127	168
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-0.04	22	-5.37	-	40.5	38.2	39.5
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	3.24%	8.24%	-	-	9%	8%	5%
Assets ¹	-	274.8	308	-	-	355.6	400	420
Book Value Per Share ²	-	1.280	1.500	1.400	-	1.560	1.800	1.930
Cash Flow per Share ²	-	0.1300	0.2300	0.0800	-	0.3200	0.3400	0.2800
Capex ¹	-	24.4	20.9	21.1	-	24.4	24.5	15.4
Capex / Sales	-	32.41%	17.17%	22.36%	-	14.37%	14.63%	10.01%
Announcement Date	17/06/20	13/05/21	13/05/22	09/05/23	15/05/24	-	-	-

¹USD in Million²USD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.959 USD

Average target price

2.38 USD

Spread / Average Target

+21.48%

	1st Jan change	Capi.
BHP GROUP LIMITED	-15.33%	144B
RIO TINTO PLC	-10.97%	112B
GLENCORE PLC	-4.45%	69.29B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-11.33%	42.34B
GRUPO MÉXICO, S.A.B. DE C.V.	+4.49%	41.94B
ANGLO AMERICAN PLC	+26.97%	38.35B
HINDUSTAN ZINC LIMITED	+110.35%	33.91B
TECK RESOURCES LIMITED	+17.05%	24.83B
VEDANTA LIMITED	+75.59%	20.2B