Company Valuation: Globex Mining Enterprises Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 37.95 60.91 38.43 51.43 67.28 95.81
Change - 60.48% -36.9% 33.83% 30.81% 42.4%
Enterprise Value (EV) 1 27.54 34.2 16.81 26.81 38.33 58.79
Change - 24.17% -50.85% 59.46% 42.98% 53.38%
P/E 6.32x 2.62x -9.27x 46.5x 60x 15.7x
PBR 3.49x 1.74x 1.24x 1.59x 2x 2.38x
PEG - 0x 0x -0x -12,000x 0x
Capitalization / Revenue 5.13x 1.73x 19.2x 12.5x 45.5x 66.1x
EV / Revenue 3.72x 0.97x 8.4x 6.49x 25.9x 40.5x
EV / EBITDA 6.04x 1.08x -7.62x 19.3x -20.2x -16.4x
EV / EBIT 6.09x 1.08x -7.34x 20.6x -19.3x -16x
EV / FCF 6.48x 1.81x -4.36x 76.4x -67.2x -148x
FCF Yield 15.4% 55.3% -22.9% 1.31% -1.49% -0.68%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.1092 0.42 -0.0744 0.02 0.02 0.108
Distribution rate - - - - - -
Net sales 1 7.399 35.27 2 4.128 1.48 1.45
EBITDA 1 4.559 31.6 -2.206 1.388 -1.896 -3.585
EBIT 1 4.525 31.56 -2.289 1.304 -1.985 -3.664
Net income 1 5.965 23.71 -4.134 1.373 1.325 6.063
Net Debt 1 -10.41 -26.71 -21.62 -24.63 -28.95 -37.02
Reference price 2 0.690 1.100 0.690 0.930 1.200 1.700
Nbr of stocks (in thousands) 55,004 55,370 55,695 55,303 56,066 56,357
Announcement Date 3/25/21 3/30/22 3/28/23 3/25/24 3/26/25 3/31/26
1CAD in Million2CAD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 78.13M
20.75x4.1x7.33x3.49% 228B
11.96x2.97x6.48x4.9% 174B
15.91x4.53x7.5x3.17% 102B
12.56x0.39x6.24x3.39% 90.25B
25.57x6.83x16.25x-.--% 67.09B
52.17x3.22x7.89x1.76% 58.56B
15.34x3.17x6.27x0.59% 32.82B
13.38x4.34x6.54x4.57% 29.52B
13.52x4.87x8.64x3.76% 26.36B
Average 20.13x 3.82x 8.13x 2.85% 80.92B
Weighted average by Cap. 19.28x 3.65x 7.80x 3.26%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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