Globex Mining Enterprises Inc. (GMX.TO) 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

-100.8%

-CA$0.02

vs CA$1.96 price

Levered DCF

CA$0.01

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

238.86

Safe zone

Rating

B+

Overall 3 / 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	15.45×	50.63×	37.5×	-9.27×	2.56×	6.27×	-18.18×	-173.68×
P/B	2.37×	1.99×	1.6×	1.23×	1.74×	3.46×	4.12×	3.73×
P/S	65.8×	45.25×	12.48×	19.16×	1.72×	5.1×	8.31×	5.57×
EV / EBITDA	-26.23×	-30.5×	32.35×	-16.68×	1.54×	7.23×	-18.11×	37.77×
Gross margin	95.0%	94.0%	98.1%	95.9%	99.9%	99.5%	98.7%	99.1%
Operating margin	-252.2%	-130.1%	31.3%	-110.5%	89.7%	61.1%	-49.0%	16.7%
Net margin	418.1%	89.5%	33.3%	-206.7%	67.2%	80.6%	-45.6%	-3.1%
Current ratio	171.37×	38.58×	165.3×	117.93×	11.43×	58.21×	35.4×	12.23×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0.01×
Interest coverage	0×	0×	0×	-0.45×	0×	0×	0×	0×
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	15.1%	3.9%	4.3%	-13.3%	68.0%	54.8%	-22.6%	-2.1%
Return on invested capital	-9.1%	-3.2%	4.0%	-7.1%	67.2%	38.1%	-17.8%	9.3%
Return on assets	15.0%	3.8%	4.2%	-13.2%	63.2%	49.6%	-18.0%	-1.6%
Free cash flow yield	-1.5%	3.7%	4.0%	-8.3%	11.6%	1.4%	-7.7%	-3.1%
Earnings yield	6.4%	2.0%	2.7%	-10.8%	39.1%	15.8%	-5.5%	-0.6%
Enterprise value	CA$94.1M	CA$57.9M	CA$44.9M	CA$36.8M	CA$48.6M	CA$33M	CA$17.4M	CA$14.3M
Net debt / EBITDA	0.38×	4.8×	-4.76×	0.69×	-0.38×	-1.03×	1.67×	-6.94×
Cash conversion cycle (days)	-313	-412	-507	-656	-978	-1,591	-1,010	-1,959