# Griffin Mining Limited (GFM.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Metals & Mining. Price 286p, market value 504 millionp.

## Valuation
- **P/E (trailing): 31.7×** (5-yr avg 1650.6×, 3-yr avg 1909.0×). Griffin Mining Limited trades at 31.7× trailing earnings, well below its own five-year average of 1650.6×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 13.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.14**. A PEG of 0.14 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.0×**. Enterprise value is 6.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 6.6%** (5-yr avg 0.1%). Free cash flow equals 6.6% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.2%**. The inverse of the P/E: 3.2% of the price is earned each year.

## Profitability
- **Gross margin: 44.8%**. Griffin Mining Limited keeps 44.8% of revenue after the direct cost of what it sells.
- **Operating margin: 23.9%**. 23.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 16.0%**. 16.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.1%**. 8.1% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 18.8%**. Return on all capital, debt included, is 18.8%: comfortably above what that capital costs.
- **Return on assets: 13.8%**. Each dollar of assets produces 13.8% of profit.

## Growth
- **Revenue growth (1 yr): -1.6%** (3-yr 12.0%/yr, 5-yr 12.2%/yr). Revenue fell 1.6% over the last year, against 12.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 97.4%** (3-yr 42.9%/yr, 5-yr 19.7%/yr). Earnings per share rose 97.4%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Griffin Mining Limited holds more cash than debt.
- **Interest coverage: 836.6×**. Operating profit covers interest 836.6× over, a safe margin.
- **Current ratio: 1.32** (quick 1.14). Current assets cover the next year's liabilities 1.32 times.
- **Altman Z-score: 8.47**. A Z-score of 8.47 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Griffin Mining Limited does not currently pay a dividend, but it returned 4.7% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 55.3%** (YTD 8.6%, 3-mo -9.0%). The shares are up 55.3% over twelve months including dividends.
- **From 52-week high: -19.3%** (62.3% above the low). Trading 19% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.32** (volatility 38%). Beta of 0.32 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GFM.L · Page: https://foliofundamentals.com/stocks/gfm.l

Not investment advice.
