IHB1 Stock Chart & Stats
€2.76
-€0.64(-18.82%)
At close: 4:00 PM EDT
€2.76
-€0.64(-18.82%)
Day’s Range― - ―
52-Week Range€1.75 - €4.52
Previous CloseN/A
Volume0.00
Average Volume (3M)502.00
Market Cap
€960.95M
Enterprise Value€2.43B
Total Cash (Recent Filing)€180.39M
Total Debt (Recent Filing)€157.83M
Price to Earnings (P/E)17.6
Beta1.75
Next Earnings
Sep 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.28
Shares Outstanding329,985,470
10 Day Avg. Volume1,183
30 Day Avg. Volume502
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)2.10
Price to Sales (P/S)5.71
P/FCF Ratio-27.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€4.07Price Target Upside47.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.31
Revenue Forecast (FY)€450.13M
Bulls Say, Bears Say
Bulls Say
Revenue GrowthDevelop Global’s 18.77% revenue growth reflects durable top-line expansion driven by contract mining volumes and project activity. Sustained revenue growth supports fixed-cost absorption, scale benefits in operations and long-term contract credibility with customers, underpinning structural growth potential.
Low Leverage / Balance Sheet HealthA debt-to-equity ratio of 0.25 provides financial flexibility to bid for multi‑period contracts, fund project development, and withstand cyclical downturns without heavy interest burden. Low leverage is a durable strength enabling strategic investment and lowers refinancing risk over the medium term.
Diversified Revenue ModelDevelop Global’s dual model—recurring contract mining services plus optional upside from its development projects—reduces cyclicality and concentration risk. The services base supplies steady cash and customer relationships, while projects provide long‑dated optionality for value creation if advanced successfully.
Bears Say
Weak ProfitabilityDespite revenue gains, persistent negative EBIT and net margins indicate underlying operational issues or cost pressures (labour, equipment or site productivity). Continued unprofitability undermines the ability to self‑fund growth and risks long‑term sustainability unless margins improve through efficiency or pricing.
Negative Free Cash FlowOngoing negative free cash flow means operations and project activity consume cash, constraining internal funding for capex or development. Even with low leverage, sustained negative FCF raises the likelihood of external financing, increasing execution risk and potential dilution over the medium term.
Negative Return On EquityA negative ROE signals the company is not generating returns from shareholders’ capital, suggesting weak project economics or poor capital allocation. This structural weakness can erode investor value and impede long‑term ability to attract financing or reinvestment even if revenues continue to grow.
Develop Global Limited News
IHB1 FAQ
What was Develop Global Limited’s price range in the past 12 months?
Develop Global Limited lowest stock price was €1.75 and its highest was €4.52 in the past 12 months.
What is Develop Global Limited’s market cap?
Develop Global Limited’s market cap is €960.95M.
When is Develop Global Limited’s upcoming earnings report date?
Develop Global Limited’s upcoming earnings report date is Sep 30, 2026 which is in 55 days.
How were Develop Global Limited’s earnings last quarter?
Develop Global Limited released its earnings results on Mar 09, 2026. The company reported €0.003 earnings per share for the quarter, beating the consensus estimate of N/A by €0.003.
Is Develop Global Limited overvalued?
According to Wall Street analysts Develop Global Limited’s price is currently Undervalued.
Does Develop Global Limited pay dividends?
Develop Global Limited does not currently pay dividends.
What is Develop Global Limited’s EPS estimate?
Develop Global Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Develop Global Limited have?
Develop Global Limited has 329,985,470 shares outstanding.
What happened to Develop Global Limited’s price movement after its last earnings report?
Develop Global Limited reported an EPS of €0.003 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.348%.
Which hedge fund is a major shareholder of Develop Global Limited?
Currently, no hedge funds are holding shares in DE:IHB1
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Develop Global Limited Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€4.07 (47.62% Upside)
€4.07 (47.62% Upside)
Blogger Sentiment
Bullish
DE:IHB1 Sentiment 95%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth €20.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
104.46%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
64.91%
Trailing 12-Months
Company Description
Develop Global Limited
Operating with its various subsidiaries across Australia, Develop Global Limited specializes in the exploration and advancement of mineral resource properties. The firm's primary focus lies in uncovering deposits of base and precious metals such as copper, zinc, lead, silver, and gold. Its most significant undertaking is the Sulphur Springs project, encompassing both the Sulphur Springs and Kangaroo Caves deposits and their associated tenements, located to the southeast of Port Hedland. Established in 2006 and based in West Leederville, Australia, the company adopted its current name, Develop Global Limited, in October 2021, having previously been known as Venturex Resources Limited.
IHB1 Stock 12 Month Forecast
Average Price Target
€4.07
▲(47.62% Upside)
Technical Analysis
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