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GREENFIRE RESOURCES LTD (GFR.CA) Stock Fundamental Analysis

TSX:GFR - Toronto Stock Exchange - CA39525U1075 - Common Stock - Currency: CAD

6.5  +0.25 (+4%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to GFR. GFR was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of GFR get a neutral evaluation. Nothing too spectacular is happening here. GFR may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, GFR could be worth investigating further for value investing!.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

GFR had positive earnings in the past year.
GFR had a positive operating cash flow in the past year.
GFR had negative earnings in 4 of the past 5 years.
In multiple years GFR reported negative operating cash flow during the last 5 years.
GFR.CA Yearly Net Income VS EBIT VS OCF VS FCFGFR.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 50M -50M 100M -100M 150M

1.2 Ratios

Looking at the Return On Assets, with a value of 14.57%, GFR belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
The Return On Equity of GFR (22.08%) is better than 94.76% of its industry peers.
With an excellent Return On Invested Capital value of 9.36%, GFR belongs to the best of the industry, outperforming 89.05% of the companies in the same industry.
Industry RankSector Rank
ROA 14.57%
ROE 22.08%
ROIC 9.36%
ROA(3y)-0.75%
ROA(5y)N/A
ROE(3y)-1.71%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
GFR.CA Yearly ROA, ROE, ROICGFR.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 10 -10

1.3 Margins

GFR's Profit Margin of 23.92% is amongst the best of the industry. GFR outperforms 85.24% of its industry peers.
The Operating Margin of GFR (19.79%) is better than 71.90% of its industry peers.
GFR has a Gross Margin of 80.02%. This is amongst the best in the industry. GFR outperforms 93.33% of its industry peers.
Industry RankSector Rank
OM 19.79%
PM (TTM) 23.92%
GM 80.02%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
GFR.CA Yearly Profit, Operating, Gross MarginsGFR.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 20 -20 40 60 80

5

2. Health

2.1 Basic Checks

GFR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GFR has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, GFR has an improved debt to assets ratio.
GFR.CA Yearly Shares OutstandingGFR.CA Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 20M 40M 60M
GFR.CA Yearly Total Debt VS Total AssetsGFR.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

An Altman-Z score of 2.43 indicates that GFR is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.43, GFR is doing good in the industry, outperforming 73.81% of the companies in the same industry.
GFR has a debt to FCF ratio of 4.25. This is a neutral value as GFR would need 4.25 years to pay back of all of its debts.
GFR's Debt to FCF ratio of 4.25 is fine compared to the rest of the industry. GFR outperforms 79.05% of its industry peers.
GFR has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
GFR's Debt to Equity ratio of 0.38 is in line compared to the rest of the industry. GFR outperforms 53.81% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF 4.25
Altman-Z 2.43
ROIC/WACC0.88
WACC10.61%
GFR.CA Yearly LT Debt VS Equity VS FCFGFR.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

GFR has a Current Ratio of 1.65. This is a normal value and indicates that GFR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.65, GFR is in the better half of the industry, outperforming 77.62% of the companies in the same industry.
A Quick Ratio of 1.51 indicates that GFR should not have too much problems paying its short term obligations.
GFR has a better Quick ratio (1.51) than 74.76% of its industry peers.
Industry RankSector Rank
Current Ratio 1.65
Quick Ratio 1.51
GFR.CA Yearly Current Assets VS Current LiabilitesGFR.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 100M 200M 300M

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 185.86% over the past year.
Looking at the last year, GFR shows a very strong growth in Revenue. The Revenue has grown by 21.26%.
EPS 1Y (TTM)185.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%133.82%
Revenue 1Y (TTM)21.26%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-12.87%

3.2 Future

GFR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 44.91% yearly.
GFR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.80% yearly.
EPS Next Y15.63%
EPS Next 2Y38.01%
EPS Next 3Y51.59%
EPS Next 5Y44.91%
Revenue Next Year-7.5%
Revenue Next 2Y3.8%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

GFR.CA Yearly Revenue VS EstimatesGFR.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2023 2024 2025 2026 200M 400M 600M 800M
GFR.CA Yearly EPS VS EstimatesGFR.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 2028 1 2 3 4

9

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 2.51, which indicates a rather cheap valuation of GFR.
99.05% of the companies in the same industry are more expensive than GFR, based on the Price/Earnings ratio.
GFR is valuated cheaply when we compare the Price/Earnings ratio to 27.91, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 3.52, the valuation of GFR can be described as very cheap.
94.29% of the companies in the same industry are more expensive than GFR, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 37.11. GFR is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 2.51
Fwd PE 3.52
GFR.CA Price Earnings VS Forward Price EarningsGFR.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, GFR is valued cheaper than 90.00% of the companies in the same industry.
91.43% of the companies in the same industry are more expensive than GFR, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 5.68
EV/EBITDA 3.34
GFR.CA Per share dataGFR.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GFR's earnings are expected to grow with 51.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y38.01%
EPS Next 3Y51.59%

0

5. Dividend

5.1 Amount

GFR does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

GREENFIRE RESOURCES LTD

TSX:GFR (7/29/2025, 7:00:00 PM)

6.5

+0.25 (+4%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)05-06 2025-05-06/amc
Earnings (Next)08-13 2025-08-13
Inst Owners26.03%
Inst Owner ChangeN/A
Ins Owners6.05%
Ins Owner ChangeN/A
Market Cap454.48M
Analysts80
Price Target11.14 (71.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)180.69%
Min EPS beat(2)153.03%
Max EPS beat(2)208.35%
EPS beat(4)4
Avg EPS beat(4)128.21%
Min EPS beat(4)48.51%
Max EPS beat(4)208.35%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)0.67%
PT rev (3m)-20.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-16.54%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 2.51
Fwd PE 3.52
P/S 0.59
P/FCF 5.68
P/OCF 2.79
P/B 0.54
P/tB 0.54
EV/EBITDA 3.34
EPS(TTM)2.59
EY39.85%
EPS(NY)1.85
Fwd EY28.41%
FCF(TTM)1.14
FCFY17.6%
OCF(TTM)2.33
OCFY35.87%
SpS11.06
BVpS11.99
TBVpS11.99
PEG (NY)0.16
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 14.57%
ROE 22.08%
ROCE 13%
ROIC 9.36%
ROICexc 9.36%
ROICexgc 9.36%
OM 19.79%
PM (TTM) 23.92%
GM 80.02%
FCFM 10.35%
ROA(3y)-0.75%
ROA(5y)N/A
ROE(3y)-1.71%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.61
Health
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF 4.25
Debt/EBITDA 1.35
Cap/Depr 97.65%
Cap/Sales 10.73%
Interest Coverage 3.4
Cash Conversion 68.49%
Profit Quality 43.24%
Current Ratio 1.65
Quick Ratio 1.51
Altman-Z 2.43
F-Score7
WACC10.61%
ROIC/WACC0.88
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)185.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%133.82%
EPS Next Y15.63%
EPS Next 2Y38.01%
EPS Next 3Y51.59%
EPS Next 5Y44.91%
Revenue 1Y (TTM)21.26%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-12.87%
Revenue Next Year-7.5%
Revenue Next 2Y3.8%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y72.73%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year234.62%
EBIT Next 3Y101.17%
EBIT Next 5Y76.92%
FCF growth 1Y4778.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9632.16%
OCF growth 3YN/A
OCF growth 5YN/A