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Greatland Resources Limited (GGP) Fair Value & Analysis

Basic Materials · AU · Market cap A$6.7B (≈ $4.8B) · ISIN AU0000397705

What is Greatland Resources Limited really worth?

GR Greatland Resources Limited GGP · AU
PriceA$11.67
Fair ValueA$3.70
Upside−68.3%
Quality80/100

A strong business, but trading 215% above our fair value of A$3.70.

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Strengths

Highly profitable · 33.6% net margin
Low debt · generates free cash flow
Ranks above peers (10/13)
Wide moat 90/100

Risks

!Weak Growth
Evidence: High Range A$2.87 – A$4.53

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 22 days ago

Share price +4.9% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • A high-quality business (quality 80/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (A$4.53). The favourable scenario is already priced in.

Price vs Fair Value (14 months)

A$15.23 A$4.98 Fair Value A$3.70 Jun 2025 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

14‑month range A$4.98 – A$15.23 · fair‑value band A$2.87 – A$4.53 · the A$11.67 price screens above the A$3.70 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Greatland Resources Limited (GGP) currently trades at A$11.67, while our model-based Fair Value estimate is A$3.70, implying the stock looks roughly 215.4% overvalued today. The Quality Score stands at 80/100 (high quality), in the Basic Materials sector. Bull case: the DCF Models group reads highest at a median of A$4.17 per share, and 0 of the 24 models we run sit above the A$11.67 price. Bear case: the Asset-Based group reads lowest at A$0.6400, and 24 of the 24 models stay below the price. Evidence for this calculation is high.

It earns a return on equity of 47.9%. The balance sheet holds a net cash position of A$260M. The stock trades on a trailing P/E of 6.6. Fundamentals as of Aug 13, 2026

Our scenario range runs from A$2.87 (bear case) to A$4.53 (bull case); at A$11.67, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 138% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −12% fair-value upside, at −68%, GGP screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 12 months have passed since. In that time the company retained roughly A$1.77 per share, which is 47.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence A$3.51 A$4.93 A$6.93 81
Growth DCF A$3.57 A$4.86 A$6.57 79
Owner Earnings A$1.93 A$2.63 A$3.61 77
All 24 models by family
DCF Models
FCF DCF best evidence A$3.51 A$4.93 A$6.93 81
Owner Earnings A$1.93 A$2.63 A$3.61 77
5Y Revenue Exit A$1.98 A$2.44 A$2.97 74
5Y EBITDA Exit A$2.94 A$4.17 A$5.56 76
5Y P/E Exit A$3.25 A$4.75 A$6.26 71
10Y Revenue Exit A$2.52 A$3.05 A$3.66 68
10Y EBITDA Exit A$3.13 A$4.20 A$5.54 69
10Y P/E Exit A$3.32 A$4.59 A$6.04 65
Earnings-Based
Graham-Dodd A$1.63 A$4.34 A$5.67 60
Lynch FV A$0.8400 A$1.20 A$1.56 57
PEG = 1.0 A$0.8400 A$1.20 A$1.56 53
EPV A$2.42 A$2.74 A$3.01 74
Multiples
P/E Multiple A$3.06 A$4.07 A$5.09 63
P/S Multiple A$0.7700 A$1.02 A$1.28 58
P/B Multiple A$2.14 A$2.86 A$3.57 55
EV/EBIT A$3.51 A$4.55 A$5.58 66
EV/EBITDA A$2.90 A$3.73 A$4.56 67
EV/Revenue A$1.12 A$1.43 A$1.74 54
Asset-Based
NCAV (Graham) A$0.4800 A$0.6400 A$0.9500 54
Growth DCF
Growth DCF A$3.57 A$4.86 A$6.57 79
Rev-Margin DCF A$1.98 A$2.49 A$3.08 74
Economic Profit
Residual Income A$1.52 A$2.06 A$10.49 58
ROIC Compounder A$2.50 A$2.93 A$3.37 72
Growth Earnings
Growth-Adj P/E A$2.45 A$3.50 A$4.55 67

Widest divergence: DCF Models (A$4.17) versus Asset-Based (A$0.6400). Highest evidence: FCF DCF (81).

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Key figures & financial health

P/E ratio 6.6
P/S ratio 2.32 P/E × margin
EPS (TTM) A$1.77 price ÷ EPS = P/E 6.6
Net margin 35.2% FY2025
Return on equity 47.9% TTM
Return on assets (EBIT) −10.1% avg 5y
More key figures
Profitability
Operating margin 49.4% TTM
Growth
Revenue growth (YoY) +58.0%
EPS growth (YoY) +484%
Balance sheet & cash flow
Free cash flow A$201M FY2025
Net cash A$260M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 80/100

Of which business quality 80 · Market factors (momentum, volatility) 55

Profitability 69
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 2
Disciplined investing over empire-building
Low Volatility 26
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 82
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Greatland Resources Limited operates as a gold and copper mining company. The company owns a 100% interest in the Telfer gold-copper mine located in the Paterson region of Western Australia; and in the Havieron brownfield development project, a gold-copper deposit located in Western Australia, as well as owns various exploration projects across Western …

Full company description

Greatland Resources Limited operates as a gold and copper mining company. The company owns a 100% interest in the Telfer gold-copper mine located in the Paterson region of Western Australia; and in the Havieron brownfield development project, a gold-copper deposit located in Western Australia, as well as owns various exploration projects across Western Australia. Greatland Resources Limited was incorporated in 2023 and is based in Subiaco, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Greatland Resources Limited reported revenue of A$459M in FY2025 versus A$0 in FY2021. Reported net income was A$162M in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$459M
Avg. revenue growth/yr (18Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+86.8%
Value creation/yr We only publish this rate when it is defensible. Reason: no profitable base year
not computed
Revenue
FY21 A$0
FY22 A$0
FY23 A$0
FY24 A$0
FY25 A$459M
Net income
FY21 −A$5.5M
FY22 −A$11.4M
FY23 −A$21.1M
FY24 −A$14.9M
FY25 A$162M

GGP screens 215% overvalued. Compare with Newmont Corporation →

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Cite: Fair Value Calculator (2026). "Greatland Resources Limited Fair Value". https://www.fairvalue-calculator.com/stock/GGP

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Gold · 245 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 80 · Top 25%
Fair Value upside −68% · Bottom 25%
Return on equity (TTM) 48% · Top 25%
Return on assets 26% · Top 25%
Net margin (TTM) 34% · Top 25%
Operating margin (TTM) 49% · Above median
Revenue growth 58% · Above median

Valuation Multiples vs Gold median · lower = cheaper

P/E (TTM) 6.6× · Cheaper than 75% of peers
P/B 7.52× · Pricier than 75% of peers
P/S (TTM) 2.52× · Cheaper than median
P/FCF 24.0× · Pricier than median
EV/EBITDA 4.6× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 100
PAST100 · sector 2
HEALTH100 · sector 98
DIVIDEND0 · sector 20

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Gold stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $128.00 $112.82 −12%
Zijin Mining Group 601899 ¥32.21 ¥39.42 +22%
Agnico Eagle Mines Limited AEM C$268.76 C$213.40 −21%
Barrick Mining Corporation B $41.23 $50.66 +23%
Franco-Nevada Corporation FNV $271.31 $96.63 −64%
Wheaton Precious Metals Corp WPM C$201.40 C$56.05 −72%
AngloGold Ashanti plc AU $97.92 $88.63 −9%
Kinross Gold Corporation KGC $32.51 $34.62 +6%
Royal Gold, Inc RGLD $262.85 $93.56 −64%
Northern Star Resources Limited NST A$23.19 A$15.98 −31%

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Frequently asked questions

Is Greatland Resources Limited (GGP) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of A$3.70 versus a price of A$11.67, about −68% upside (overvalued).
What is the fair value of GGP?
Our model-based fair value for Greatland Resources Limited is A$3.70 (as of Aug 13, 2026), built from audited fundamentals. The current price: A$11.67.
What is the quality score of GGP?
Greatland Resources Limited has a Quality Score of 80/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of GGP?
The net profit margin of Greatland Resources Limited is about 33.6%, meaning it keeps roughly 33.6% of revenue as net income. Based on the latest reported figures.
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