Granite Ridge Valuation
| GRNT Stock | USD 5.02 0.10 2.03% |
At this time, the firm appears to be overvalued. Granite Ridge Resources retains a regular Real Value of $4.09 per share. The prevalent price of the firm is $5.02. Our model calculates the value of Granite Ridge Resources from evaluating the firm fundamentals such as return on asset of 0.0673, and Return On Equity of 0.058 as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Granite Ridge's price fluctuation is slightly risky 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 5.02, 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 5.02 | Real 4.09 | Hype 4.92 | Naive 5.01 |
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: 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.Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. Granite Ridge operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.
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
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 | 130.2 M | |
| Quarterly Earnings Growth Y O Y | 0.592 | |
| Forward Price Earnings | 8.1566 |
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.