GRANITE RIDGE RESOURCES INC (GRNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GRNT - US3874321074 - Common Stock
5.12 USD
+0.08 (+1.59%)
Taking everything into account, GRNT scores 4 out of 10 in our fundamental rating. GRNT was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. GRNT has a medium profitability rating, but doesn't score so well on its financial health evaluation. GRNT is not valued too expensively and it also shows a decent growth rate.
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 51.43% of its industry peers.
GRNT's Return On Equity of 5.84% is in line compared to the rest of the industry. GRNT outperforms 45.71% of its industry peers.
GRNT has a better Return On Invested Capital (8.01%) than 72.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GRNT is below the industry average of 21.41%.
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
GRNT has a Profit Margin (8.33%) which is in line with its industry peers.
In the last couple of years the Profit Margin of GRNT has declined.
GRNT has a better Operating Margin (24.59%) than 63.81% of its industry peers.
GRNT's Operating Margin has declined in the last couple of years.
GRNT has a Gross Margin of 93.71%. This is amongst the best in the industry. GRNT outperforms 98.10% of its industry peers.
GRNT's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 1 year ago, GRNT has more shares outstanding
The debt/assets ratio for GRNT is higher compared to a year ago.
2.2 Solvency
GRNT has an Altman-Z score of 1.60. This is a bad value and indicates that GRNT is not financially healthy and even has some risk of bankruptcy.
GRNT has a Altman-Z score of 1.60. This is comparable to the rest of the industry: GRNT outperforms 59.52% of its industry peers.
GRNT has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
GRNT has a Debt to Equity ratio (0.47) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.6 |
ROIC/WACC0.92
WACC8.75%
2.3 Liquidity
A Current Ratio of 1.41 indicates that GRNT should not have too much problems paying its short term obligations.
GRNT has a better Current ratio (1.41) than 63.33% of its industry peers.
GRNT has a Quick 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.
GRNT has a better Quick ratio (1.41) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
The earnings per share for GRNT have decreased by 0.00% in the last year.
The earnings per share for GRNT have been decreasing by -43.98% on average. This is quite bad
GRNT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.56%.
The Revenue has been growing by 9.41% on average over the past years. This is quite good.
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-3.46%
EPS Next 2Y0.56%
EPS Next 3Y4.29%
EPS Next 5Y-1.35%
Revenue Next Year27.87%
Revenue Next 2Y18.82%
Revenue Next 3Y12.76%
Revenue Next 5Y9.01%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 8.68.
84.76% of the companies in the same industry are more expensive than GRNT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of GRNT to the average of the S&P500 Index (25.65), we can say GRNT is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.04, the valuation of GRNT can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GRNT indicates a somewhat cheap valuation: GRNT is cheaper than 80.00% of the companies listed in the same industry.
GRNT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 9.04 |
4.2 Price Multiples
GRNT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GRNT is cheaper than 90.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.87 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.56%
EPS Next 3Y4.29%
5. Dividend
5.1 Amount
GRNT has a Yearly Dividend Yield of 8.85%, which is a nice return.
Compared to an average industry Dividend Yield of 5.88, GRNT pays a better dividend. On top of this GRNT pays more dividend than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, GRNT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.85% |
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
153.30% of the earnings are spent on dividend by GRNT. This is not a sustainable payout ratio.
DP153.3%
EPS Next 2Y0.56%
EPS Next 3Y4.29%
NYSE:GRNT (11/25/2025, 2:35:33 PM)
5.12
+0.08 (+1.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners75.19%
Inst Owner Change-0.82%
Ins Owners3.23%
Ins Owner Change3.27%
Market Cap672.00M
Revenue(TTM)451.13M
Net Income(TTM)37.59M
Analysts78.33
Price Target7.06 (37.89%)
Short Float %2.44%
Short Ratio5.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.85% |
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)-3.04%
PT rev (3m)-2.58%
EPS NQ rev (1m)4.29%
EPS NQ rev (3m)-5.45%
EPS NY rev (1m)-10.47%
EPS NY rev (3m)-10.66%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)3.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 9.04 | ||
| P/S | 1.49 | ||
| P/FCF | N/A | ||
| P/OCF | 2.24 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 2.87 |
EPS(TTM)0.59
EY11.52%
EPS(NY)0.57
Fwd EY11.06%
FCF(TTM)-0.7
FCFYN/A
OCF(TTM)2.29
OCFY44.66%
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 | 1.6 |
F-Score6
WACC8.75%
ROIC/WACC0.92
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-3.46%
EPS Next 2Y0.56%
EPS Next 3Y4.29%
EPS Next 5Y-1.35%
Revenue 1Y (TTM)18.56%
Revenue growth 3Y9.41%
Revenue growth 5YN/A
Sales Q2Q%19.77%
Revenue Next Year27.87%
Revenue Next 2Y18.82%
Revenue Next 3Y12.76%
Revenue Next 5Y9.01%
EBIT growth 1Y14.34%
EBIT growth 3Y-12.21%
EBIT growth 5YN/A
EBIT Next Year285.95%
EBIT Next 3Y64.5%
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%.