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GFM

Griffin MiningAIM:GFM Stock Report

Last Price

UK£0.88

Market Cap

UK£152.2m

7D

-4.3%

1Y

-31.1%

Updated

19 Jan, 2022

Data

Company Financials +
GFM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends0/6

GFM Stock Overview

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties.

Rewards

Trading at 89.2% below our estimate of its fair value

Earnings are forecast to grow 5.75% per year

Became profitable this year

Risk Analysis

No risks detected for GFM from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Griffin Mining
Historical stock prices
Current Share PriceUK£0.88
52 Week HighUK£1.69
52 Week LowUK£0.81
Beta1.55
1 Month Change-5.81%
3 Month Change-7.99%
1 Year Change-31.10%
3 Year Change-15.05%
5 Year Change60.55%
Change since IPO250.00%

Recent News & Updates

Aug 18
There's Been No Shortage Of Growth Recently For Griffin Mining's (LON:GFM) Returns On Capital

There's Been No Shortage Of Growth Recently For Griffin Mining's (LON:GFM) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...

Shareholder Returns

GFMGB Metals and MiningGB Market
7D-4.3%0.2%-1.0%
1Y-31.1%2.5%8.3%

Return vs Industry: GFM underperformed the UK Metals and Mining industry which returned 0.7% over the past year.

Return vs Market: GFM underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is GFM's price volatile compared to industry and market?
GFM volatility
GFM Average Weekly Movement4.8%
Metals and Mining Industry Average Movement7.4%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: GFM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GFM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988435n/ahttps://www.griffinmining.com

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People’s Republic of China.

Griffin Mining Fundamentals Summary

How do Griffin Mining's earnings and revenue compare to its market cap?
GFM fundamental statistics
Market CapUS$207.46m
Earnings (TTM)US$22.99m
Revenue (TTM)US$108.15m

9.0x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GFM income statement (TTM)
RevenueUS$108.15m
Cost of RevenueUS$53.99m
Gross ProfitUS$54.17m
ExpensesUS$31.18m
EarningsUS$22.99m

Valuation

Is Griffin Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GFM (£0.88) is trading below our estimate of fair value (£8.09)

Significantly Below Fair Value: GFM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GFM is poor value based on its PE Ratio (9x) compared to the UK Metals and Mining industry average (8.1x).

PE vs Market: GFM is good value based on its PE Ratio (9x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: GFM is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: GFM is good value based on its PB Ratio (0.8x) compared to the GB Metals and Mining industry average (1.9x).


Future Growth

How is Griffin Mining forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

5.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GFM's forecast earnings growth (5.7% per year) is above the savings rate (0.9%).

Earnings vs Market: GFM's earnings (5.7% per year) are forecast to grow slower than the UK market (12.1% per year).

High Growth Earnings: GFM's earnings are forecast to grow, but not significantly.

Revenue vs Market: GFM's revenue (11.5% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: GFM's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GFM's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Griffin Mining performed over the past 5 years?

-6.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GFM has high quality earnings.

Growing Profit Margin: GFM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GFM has become profitable over the past 5 years, growing earnings by -6.8% per year.

Accelerating Growth: GFM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GFM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (150.4%).


Return on Equity

High ROE: GFM's Return on Equity (9.3%) is considered low.


Financial Health

How is Griffin Mining's financial position?


Financial Position Analysis

Short Term Liabilities: GFM's short term assets ($35.6M) do not cover its short term liabilities ($38.9M).

Long Term Liabilities: GFM's short term assets ($35.6M) exceed its long term liabilities ($19.3M).


Debt to Equity History and Analysis

Debt Level: GFM is debt free.

Reducing Debt: GFM has no debt compared to 5 years ago when its debt to equity ratio was 45.5%.

Debt Coverage: GFM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GFM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Griffin Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GFM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GFM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GFM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GFM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GFM's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Griffin Mining has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Griffin Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Griffin Mining Limited
  • Ticker: GFM
  • Exchange: AIM
  • Founded: 1988
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: UK£152.209m
  • Shares outstanding: 173.95m
  • Website: https://www.griffinmining.com

Number of Employees


Location

  • Griffin Mining Limited
  • Royal Trust House
  • 8th Floor
  • London
  • Greater London
  • SW1Y 6LX
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:12
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.