GRNT Valuation

Granite Ridge Resources Inc

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5.400

+0.12(2.273%)1D

GRNT Relative Valuation

GRNT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, GRNT is overvalued; if below, it's undervalued.

Historical Valuation

Granite Ridge Resources Inc (GRNT) is now in the Fair zone, suggesting that its current forward PE ratio of 10.11 is considered Fairly compared with the five-year average of 6.64. The fair price of Granite Ridge Resources Inc (GRNT) is between 4.51 to 7.78 according to relative valuation methord.

Relative Value

Fair Zone

4.51-7.78

Current Price：5.38

Fair

10.11

Trailing

Forward

2.74

EV/EBITDA

Granite Ridge Resources Inc. (GRNT) has a current EV/EBITDA of 2.74. The 5-year average EV/EBITDA is 2.30. The thresholds are as follows: Strongly Undervalued below -0.51, Undervalued between -0.51 and 0.89, Fairly Valued between 3.71 and 0.89, Overvalued between 3.71 and 5.12, and Strongly Overvalued above 5.12. The current Forward EV/EBITDA of 2.74 falls within the Historic Trend Line -Fairly Valued range.

8.42

EV/EBIT

Granite Ridge Resources Inc. (GRNT) has a current EV/EBIT of 8.42. The 5-year average EV/EBIT is 3.88. The thresholds are as follows: Strongly Undervalued below -3.61, Undervalued between -3.61 and 0.13, Fairly Valued between 7.62 and 0.13, Overvalued between 7.62 and 11.36, and Strongly Overvalued above 11.36. The current Forward EV/EBIT of 8.42 falls within the Overvalued range.

5.28

Granite Ridge Resources Inc. (GRNT) has a current PS of 5.28. The 5-year average PS is 1.04. The thresholds are as follows: Strongly Undervalued below -1.05, Undervalued between -1.05 and -0.01, Fairly Valued between 2.08 and -0.01, Overvalued between 2.08 and 3.13, and Strongly Overvalued above 3.13. The current Forward PS of 5.28 falls within the Strongly Overvalued range.

2.11

P/OCF

Granite Ridge Resources Inc. (GRNT) has a current P/OCF of 2.11. The 5-year average P/OCF is 2.20. The thresholds are as follows: Strongly Undervalued below -0.58, Undervalued between -0.58 and 0.81, Fairly Valued between 3.59 and 0.81, Overvalued between 3.59 and 4.99, and Strongly Overvalued above 4.99. The current Forward P/OCF of 2.11 falls within the Historic Trend Line -Fairly Valued range.

-9.43

P/FCF

Granite Ridge Resources Inc. (GRNT) has a current P/FCF of -9.43. The 5-year average P/FCF is -21.73. The thresholds are as follows: Strongly Undervalued below -150.44, Undervalued between -150.44 and -86.08, Fairly Valued between 42.62 and -86.08, Overvalued between 42.62 and 106.98, and Strongly Overvalued above 106.98. The current Forward P/FCF of -9.43 falls within the Historic Trend Line -Fairly Valued range.

Granite Ridge Resources Inc (GRNT) has a current Price-to-Book (P/B) ratio of 1.08. Compared to its 3-year average P/B ratio of 1.31 , the current P/B ratio is approximately -17.63% higher. Relative to its 5-year average P/B ratio of 1.01, the current P/B ratio is about 6.84% higher. Granite Ridge Resources Inc (GRNT) has a Forward Free Cash Flow (FCF) yield of approximately -0.03%. Compared to its 3-year average FCF yield of -2.12%, the current FCF yield is approximately -98.79% lower. Relative to its 5-year average FCF yield of -1.83% , the current FCF yield is about -98.60% lower.

1.08

P/B

Median3y

1.31

Median5y

1.01

-0.03

FCF Yield

Median3y

-2.12

Median5y

-1.83

Competitors Valuation Multiple

The average P/S ratio for GRNT's competitors is 11.82, providing a benchmark for relative valuation. Granite Ridge Resources Inc Corp (GRNT) exhibits a P/S ratio of 5.28, which is -55.33% above the industry average. Given its robust revenue growth of 20.48%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

GRNT.N

Granite Ridge Resources Inc

Core Laboratories Inc

Performance Decomposition

Market capitalization of GRNT decreased by 16.60% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 5.63 to 22.96.

The secondary factor is the Revenue Growth, contributed 20.48%to the performance.

Overall, the performance of GRNT in the past 1 year is driven by Margin Expansion. Which is more sustainable.

20.48%

90.65M → 109.22M

Revenue Growth

307.82%

5.63 → 22.96

Margin Expansion

-344.90%

-8.77 → 21.47

P/E Change

-16.60%