Golconda Gold Ltd. (GG.V) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-164.5%

-CA$2.11

vs CA$3.27 price

Levered DCF

CA$0.54

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

7.63

Safe zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	12.9×	-13.14×	-3.99×	-16.82×	-7.31×	9.03×	-4.06×	-21.98×
P/B	3.2×	0.51×	0.28×	0.49×	0.91×	1.77×	1.2×	0.47×
P/S	3.84×	1.11×	0.92×	1.24×	9.82×	0.86×	0.38×	0.16×
EV / EBITDA	9.36×	15.04×	-42.03×	168.91×	59.57×	-21.89×	7.83×	4.08×
Gross margin	44.5%	13.6%	3.7%	12.6%	-14.6%	22.8%	2.0%	6.7%
Operating margin	35.5%	0.4%	-17.2%	-18.4%	-261.0%	15.5%	-3.9%	-3.2%
Net margin	29.1%	-8.4%	-23.0%	-7.4%	-134.5%	9.0%	-9.2%	-0.7%
Current ratio	1.09×	0.34×	0.13×	0.3×	0.87×	0.48×	0.39×	0.79×
Debt / equity	0.06×	0.13×	0.15×	0.09×	0.07×	0.66×	1.48×	0.97×
Interest coverage	9.43×	0.05×	-1.85×	-11.96×	-7.31×	15.15×	-1.77×	-2.71×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	24.3%	-3.9%	-6.9%	-2.9%	-12.5%	18.6%	-29.6%	-2.1%
Return on invested capital	23.9%	0.2%	-4.3%	0.0%	0.0%	17.0%	-3.8%	-0.1%
Return on assets	17.6%	-2.6%	-5.1%	-2.3%	-6.7%	8.2%	-7.9%	-0.7%
Free cash flow yield	4.5%	8.9%	-13.6%	-0.6%	-33.5%	5.3%	-34.0%	8.0%
Earnings yield	7.6%	-7.6%	-25.0%	-6.0%	-13.7%	10.5%	-24.6%	-4.6%
Enterprise value	CA$128.2M	CA$18.9M	CA$13M	CA$18.7M	CA$30.3M	CA$52.8M	CA$32.5M	CA$17.4M
Net debt / EBITDA	-0.1×	2.83×	-14.3×	21.57×	2.81×	-4.43×	4.08×	2.43×
Cash conversion cycle (days)	-14	-53	-104	-67	-145	-26	-13	-24