Develop Global Limited (AU:DVP)
ASX:DVP
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DVP Stock Chart & Stats
AU$5.56
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$5.56
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$3.12 - AU$6.78
Previous CloseN/A
Volume282.90K
Average Volume (3M)1.44M
Market Cap
AU$2.08B
Enterprise ValueAU$2.00B
Total Cash (Recent Filing)AU$180.39M
Total Debt (Recent Filing)AU$157.83M
Price to Earnings (P/E)28.4
Beta2.79
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. Volume921,382
30 Day Avg. Volume1,437,006
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
AU$7.05Price Target Upside26.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.09
Revenue Forecast (FY)AU$385.73M
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthDevelop Global reports very strong top-line expansion (c.48.6% revenue growth in the fundamentals). Sustained high revenue growth supports scale benefits, enhances contract competitiveness and underpins capacity to invest in equipment, skills and project advancement over coming months.
Low Leverage / Solid Equity BaseA debt-to-equity ratio around 0.25 signals conservative capital structure and financial flexibility. Low leverage reduces insolvency risk, preserves borrowing capacity for project funding, and allows the business to sustain operations or invest through cycles without heavy interest burdens.
Diversified Revenue StreamsThe firm earns from both contract underground mining services and advancing its own development assets. This dual model supplies recurring service revenues for cash flow stability while offering project upside via asset monetisation, providing structural diversification of earnings.
Bears Say
Weak Profitability MarginsDespite solid revenue growth, the company reports negative EBIT and net margins, indicating operations currently fail to generate lasting operating profit. Persistent margin deficits can erode capital over time and limit the firm’s ability to self-fund growth or absorb cost inflation.
Negative Free Cash FlowFree cash flow remains negative even as improvements occur, meaning the business still consumes cash to run operations or expand projects. Continued negative FCF increases reliance on external funding, heightening financing risk for capex and project development over the medium term.
Low Returns On Equity / Operational InefficiencyA negative return on equity demonstrates the company is not producing shareholder returns from its equity base, suggesting low asset productivity or significant non-operating impacts. Structural ROE weakness can hamper capital attraction and limit long-term shareholder value creation.
Develop Global Limited News
DVP FAQ
What was Develop Global Limited’s price range in the past 12 months?
Develop Global Limited lowest share price was AU$3.12 and its highest was AU$6.78 in the past 12 months.
What is Develop Global Limited’s market cap?
Develop Global Limited’s market cap is AU$2.08B.
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 116 days.
How were Develop Global Limited’s earnings last quarter?
Develop Global Limited released its earnings results on Mar 09, 2026. The company reported AU$0.005 earnings per share for the quarter, beating the consensus estimate of N/A by AU$0.005.
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 AU$0.005 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.113%.
Which hedge fund is a major shareholder of Develop Global Limited?
Currently, no hedge funds are holding shares in AU:DVP
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
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10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$7.05 (26.80% Upside)
AU$7.05 (26.80% Upside)
Blogger Sentiment
Bullish
AU:DVP Sentiment 98%
Sector Average ―
Sector Average ―
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
11.52%
Trailing 12-Months
Asset Growth
64.91%
Trailing 12-Months
Company Description
Develop Global Limited
Develop Global Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. The company was formerly known as Venturex Resources Limited and changed its name to Develop Global Limited in October 2021. Develop Global Limited was incorporated in 2006 and is based in West Leederville, Australia.
DVP Stock 12 Month Forecast
Average Price Target
AU$7.05
▲(26.80% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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