Develop Global Limited (IHB1) Price & Analysis
IHB1 Stock Chart & Stats
- Day’s Range
- EUR 2.40 - EUR 2.40
- 52-Week Range
- EUR 1.75 - EUR 4.52
- Previous Close
- EUR 2.46
- Volume
- 0
- Average Volume (3M)
- 433
- Market Cap
- EUR 798.60M
- Enterprise Value
- EUR 2.21B
- Total Cash (Recent Filing)
- EUR 114.81M
- Total Debt (Recent Filing)
- EUR 140.88M
- Price to Earnings (P/E)
- 155.8
- Beta
- 1.82
- Next Earnings
- Mar 15, 2027
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Revenue Growth
Rapid revenue scaling and renewed acceleration in 2026 indicate expanding activity across the company’s operating base. Continued top-line growth can improve operating leverage and provide a larger platform for developing mining services and project interests, although profitability conversion remains important.
Conservative Balance Sheet
Moderate and improving leverage gives Develop greater financial resilience than a highly indebted capital structure would provide. An expanding equity base alongside asset growth can preserve flexibility to support operations and investment, while reducing pressure from debt servicing during weaker mining conditions.
Improving Operating Cash Flow
The substantial improvement in operating cash flow is a constructive sign that the stronger reported operating performance is beginning to translate into cash receipts. If maintained, this progress could improve funding capacity and reduce reliance on external capital, even though free cash flow is not yet positive.
Bears Say
Persistent Negative Free Cash Flow
Ongoing negative free cash flow indicates that operating cash generation has not yet covered investment and other cash requirements. This can constrain internally funded growth and leave the company more dependent on financing conditions until cash conversion improves on a sustained basis.
Low And Compressed Margins
Modest and declining margins leave limited room to absorb cost pressure or weaker project performance. The reduced profitability cushion makes earnings more sensitive to changes in contract execution and operating conditions, weakening confidence that recent improvement will translate into consistently strong returns.
Low Return On Equity
A very low and volatile return on equity shows that the larger asset and equity base is not yet producing consistently attractive shareholder returns. Until profitability improves relative to invested capital, balance-sheet expansion may provide resilience without delivering equivalent earnings efficiency.
Develop Global Limited News
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Develop Global Limited Stock Smart Score
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.
- Sector
- Basicmaterials
- Industry
- Industrial Materials
- CEO
- William James Beament
- Employees
- 741
- Website
- www.develop.com.au
- Address
- 234 Railway Parade, West Leederville, WA, 6007, AU
Develop Global Limited (IHB1) Earnings & Revenues
IHB1 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 1 | 6 | 15 |
| Technical Analysis | 1 | 6 | 3 |
| Moving Averages | 0 | 0 | 12 |