# Greenfire Resources Ltd. (GFR.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Energy / Oil, Gas & Fuels. Price C$8.66, market value C$2.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Greenfire Resources Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 3.5×**. Each dollar of revenue is priced at 3.5×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 35.7×**. Enterprise value is 35.7× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -2.9%** (5-yr avg 6.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 44.3%**. Greenfire Resources Ltd. keeps 44.3% of revenue after the direct cost of what it sells.
- **Operating margin: 12.9%**. 12.9% of revenue is left after running the business.
- **Net margin: 7.9%**. 7.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 4.1%**. 4.1% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 5.5%**. Return on all capital, debt included, is 5.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.9%**. Each dollar of assets produces -2.9% of profit.

## Growth
- **Revenue growth (1 yr): -26.7%** (3-yr -15.5%/yr). Revenue fell 26.7% over the last year.
- **EPS growth (1 yr): -61.2%** (3-yr -27.1%/yr). Earnings per share fell 61.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -41.8%/yr**. Free cash flow has compounded at -41.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Greenfire Resources Ltd. holds more cash than debt.
- **Interest coverage: 3.7×**. Operating profit covers interest 3.7× over, a safe margin.
- **Current ratio: 1.56** (quick 1.34). Current assets cover the next year's liabilities 1.56 times.
- **Altman Z-score: 13.35**. A Z-score of 13.35 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Greenfire Resources Ltd. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (5 analysts). 5 analysts cover Greenfire Resources Ltd.; the consensus is buy, with an average price target of C$11.40 (+32% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 36.5%** (YTD 43.2%, 3-mo 5.7%). The shares are up 36.5% over twelve months including dividends.
- **From 52-week high: -13.1%** (51.4% above the low). Trading 13% 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): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 0.09** (volatility 50%). Beta of 0.09 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GFR.TO · Page: https://foliofundamentals.com/stocks/gfr.to

Not investment advice.