Groupe Dynamite Inc. (GRGD.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

-72.3%

CA$15.85

vs CA$57.30 price

Levered DCF

CA$14.14

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

8.09

Safe zone

Rating

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
P/E	30.42×	12.82×	24.81×	34.22×	19.65×
P/B	81.67×	12.3×	433.31×	-28.11×	0×
P/S	5.85×	1.81×	2.67×	3.06×	3.4×
EV / EBITDA	16.93×	6.85×	11.41×	15.12×	0×
Gross margin	63.8%	54.8%	60.8%	60.2%	56.4%
Operating margin	28.9%	22.1%	18.1%	16.1%	7.2%
Net margin	19.2%	14.2%	10.7%	9.0%	17.4%
Current ratio	0.79×	1.18×	0.68×	0.8×	0×
Debt / equity	5.08×	2.71×	87.92×	-6.18×	0×
Interest coverage	12.61×	6.14×	3.99×	6.15×	4.14×
Dividend yield	3.3%	0.0%	0.0%	8.7%	0.0%
Payout ratio	100.1%	0.0%	0.0%	294.4%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	268.5%	96.1%	1741.4%	-82.7%	0.0%
Return on invested capital	46.9%	29.3%	23.8%	20.9%	0.0%
Return on assets	31.3%	21.9%	16.6%	13.3%	0.0%
Free cash flow yield	4.4%	9.4%	4.3%	5.0%	5.5%
Earnings yield	3.3%	7.8%	4.0%	2.9%	5.1%
Enterprise value	CA$8.1B	CA$2B	CA$2.6B	CA$2.6B	CA$0
Net debt / EBITDA	0.83×	1.03×	1.89×	2.56×	0×
Cash conversion cycle (days)	29	34	33	30	0