GRANITE RIDGE RESOURCES INC (GRNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GRNT - US3874321074 - Common Stock
4.72 USD
+0.07 (+1.51%)
Taking everything into account, GRNT scores 4 out of 10 in our fundamental rating. GRNT was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. While GRNT is still in line with the averages on profitability rating, there are concerns on its financial health. GRNT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
GRNT had positive earnings in the past year.
In the past year GRNT had a positive cash flow from operations.
GRNT had positive earnings in 4 of the past 5 years.
In the past 5 years GRNT always reported a positive cash flow from operatings.
1.2 Ratios
GRNT's Return On Assets of 3.33% is in line compared to the rest of the industry. GRNT outperforms 52.15% of its industry peers.
With a Return On Equity value of 5.84%, GRNT perfoms like the industry average, outperforming 45.93% of the companies in the same industry.
The Return On Invested Capital of GRNT (8.01%) is better than 74.64% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GRNT is below the industry average of 21.18%.
The 3 year average ROIC (16.49%) for GRNT is well above the current ROIC(8.01%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.33% | ||
| ROE | 5.84% | ||
| ROIC | 8.01% |
ROA(3y)14.52%
ROA(5y)11.52%
ROE(3y)18.16%
ROE(5y)14.28%
ROIC(3y)16.49%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of GRNT (8.33%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of GRNT has declined.
With a decent Operating Margin value of 24.59%, GRNT is doing good in the industry, outperforming 64.11% of the companies in the same industry.
In the last couple of years the Operating Margin of GRNT has declined.
GRNT's Gross Margin of 93.71% is amongst the best of the industry. GRNT outperforms 97.61% of its industry peers.
In the last couple of years the Gross Margin of GRNT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.59% | ||
| PM (TTM) | 8.33% | ||
| GM | 93.71% |
OM growth 3Y-19.75%
OM growth 5YN/A
PM growth 3Y-49.27%
PM growth 5YN/A
GM growth 3Y-0.22%
GM growth 5YN/A
2. Health
2.1 Basic Checks
GRNT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
GRNT has more shares outstanding than it did 1 year ago.
GRNT has a worse debt/assets ratio than last year.
2.2 Solvency
GRNT has an Altman-Z score of 1.54. This is a bad value and indicates that GRNT is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GRNT (1.54) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.47 indicates that GRNT is not too dependend on debt financing.
GRNT has a Debt to Equity ratio of 0.47. This is comparable to the rest of the industry: GRNT outperforms 50.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.54 |
ROIC/WACC0.91
WACC8.76%
2.3 Liquidity
GRNT has a Current Ratio of 1.41. This is a normal value and indicates that GRNT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.41, GRNT is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
A Quick Ratio of 1.41 indicates that GRNT should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.41, GRNT is doing good in the industry, outperforming 70.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
GRNT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
GRNT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -43.98% yearly.
The Revenue has grown by 18.56% in the past year. This is quite good.
GRNT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.41% yearly.
EPS 1Y (TTM)0%
EPS 3Y-43.98%
EPS 5YN/A
EPS Q2Q%-35.71%
Revenue 1Y (TTM)18.56%
Revenue growth 3Y9.41%
Revenue growth 5YN/A
Sales Q2Q%19.77%
3.2 Future
Based on estimates for the next years, GRNT will show a decrease in Earnings Per Share. The EPS will decrease by -1.35% on average per year.
GRNT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.01% yearly.
EPS Next Y-5.29%
EPS Next 2Y-7.79%
EPS Next 3Y4.48%
EPS Next 5Y-1.35%
Revenue Next Year26.76%
Revenue Next 2Y17.42%
Revenue Next 3Y12.52%
Revenue Next 5Y9.01%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
GRNT is valuated reasonably with a Price/Earnings ratio of 8.00.
Based on the Price/Earnings ratio, GRNT is valued cheaply inside the industry as 86.12% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of GRNT to the average of the S&P500 Index (26.92), we can say GRNT is valued rather cheaply.
The Price/Forward Earnings ratio is 9.91, which indicates a very decent valuation of GRNT.
75.12% of the companies in the same industry are more expensive than GRNT, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.46. GRNT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8 | ||
| Fwd PE | 9.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GRNT is valued cheaply inside the industry as 92.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.7 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.79%
EPS Next 3Y4.48%
5. Dividend
5.1 Amount
GRNT has a Yearly Dividend Yield of 9.46%, which is a nice return.
Compared to an average industry Dividend Yield of 3.93, GRNT pays a better dividend. On top of this GRNT pays more dividend than 87.56% of the companies listed in the same industry.
GRNT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.46% |
5.2 History
GRNT has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
GRNT pays out 153.30% of its income as dividend. This is not a sustainable payout ratio.
DP153.3%
EPS Next 2Y-7.79%
EPS Next 3Y4.48%
NYSE:GRNT (12/29/2025, 11:56:11 AM)
4.72
+0.07 (+1.51%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners74.45%
Inst Owner Change-0.83%
Ins Owners3.25%
Ins Owner Change0.96%
Market Cap619.50M
Revenue(TTM)451.13M
Net Income(TTM)37.59M
Analysts76.67
Price Target7.06 (49.58%)
Short Float %2.93%
Short Ratio6.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.46% |
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP153.3%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.02%
Min EPS beat(2)-26.32%
Max EPS beat(2)-13.73%
EPS beat(4)2
Avg EPS beat(4)-0.16%
Min EPS beat(4)-26.32%
Max EPS beat(4)31.58%
EPS beat(8)3
Avg EPS beat(8)0.24%
EPS beat(12)4
Avg EPS beat(12)-3.8%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.71%
Min Revenue beat(2)-8.9%
Max Revenue beat(2)-2.52%
Revenue beat(4)2
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-8.9%
Max Revenue beat(4)4.21%
Revenue beat(8)2
Avg Revenue beat(8)-1.74%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-1.89%
EPS NQ rev (1m)-7%
EPS NQ rev (3m)-8.69%
EPS NY rev (1m)-1.89%
EPS NY rev (3m)-13.1%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)1.8%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8 | ||
| Fwd PE | 9.91 | ||
| P/S | 1.37 | ||
| P/FCF | N/A | ||
| P/OCF | 2.06 | ||
| P/B | 0.96 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 2.7 |
EPS(TTM)0.59
EY12.5%
EPS(NY)0.48
Fwd EY10.09%
FCF(TTM)-0.7
FCFYN/A
OCF(TTM)2.29
OCFY48.44%
SpS3.44
BVpS4.91
TBVpS4.91
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.33% | ||
| ROE | 5.84% | ||
| ROCE | 10.55% | ||
| ROIC | 8.01% | ||
| ROICexc | 8.25% | ||
| ROICexgc | 8.25% | ||
| OM | 24.59% | ||
| PM (TTM) | 8.33% | ||
| GM | 93.71% | ||
| FCFM | N/A |
ROA(3y)14.52%
ROA(5y)11.52%
ROE(3y)18.16%
ROE(5y)14.28%
ROIC(3y)16.49%
ROIC(5y)N/A
ROICexc(3y)17.88%
ROICexc(5y)N/A
ROICexgc(3y)17.88%
ROICexgc(5y)N/A
ROCE(3y)21.7%
ROCE(5y)N/A
ROICexgc growth 3Y-29.25%
ROICexgc growth 5YN/A
ROICexc growth 3Y-29.25%
ROICexc growth 5YN/A
OM growth 3Y-19.75%
OM growth 5YN/A
PM growth 3Y-49.27%
PM growth 5YN/A
GM growth 3Y-0.22%
GM growth 5YN/A
F-Score6
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.94 | ||
| Cap/Depr | 188.69% | ||
| Cap/Sales | 86.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.2% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 1.54 |
F-Score6
WACC8.76%
ROIC/WACC0.91
Cap/Depr(3y)214.02%
Cap/Depr(5y)204.11%
Cap/Sales(3y)76.55%
Cap/Sales(5y)88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y-43.98%
EPS 5YN/A
EPS Q2Q%-35.71%
EPS Next Y-5.29%
EPS Next 2Y-7.79%
EPS Next 3Y4.48%
EPS Next 5Y-1.35%
Revenue 1Y (TTM)18.56%
Revenue growth 3Y9.41%
Revenue growth 5YN/A
Sales Q2Q%19.77%
Revenue Next Year26.76%
Revenue Next 2Y17.42%
Revenue Next 3Y12.52%
Revenue Next 5Y9.01%
EBIT growth 1Y14.34%
EBIT growth 3Y-12.21%
EBIT growth 5YN/A
EBIT Next Year277.08%
EBIT Next 3Y63.88%
EBIT Next 5Y46.11%
FCF growth 1Y-335.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-46.43%
OCF growth 3Y15.02%
OCF growth 5YN/A
GRANITE RIDGE RESOURCES INC / GRNT FAQ
Can you provide the ChartMill fundamental rating for GRANITE RIDGE RESOURCES INC?
ChartMill assigns a fundamental rating of 4 / 10 to GRNT.
What is the valuation status for GRNT stock?
ChartMill assigns a valuation rating of 5 / 10 to GRANITE RIDGE RESOURCES INC (GRNT). This can be considered as Fairly Valued.
Can you provide the profitability details for GRANITE RIDGE RESOURCES INC?
GRANITE RIDGE RESOURCES INC (GRNT) has a profitability rating of 5 / 10.
What is the financial health of GRANITE RIDGE RESOURCES INC (GRNT) stock?
The financial health rating of GRANITE RIDGE RESOURCES INC (GRNT) is 3 / 10.
How sustainable is the dividend of GRANITE RIDGE RESOURCES INC (GRNT) stock?
The dividend rating of GRANITE RIDGE RESOURCES INC (GRNT) is 4 / 10 and the dividend payout ratio is 153.3%.