Develop Global Limited (AU:DVP)
ASX:DVP
DVP Stock Chart & Stats
AU$5.59
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$5.59
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$2.26 - AU$5.89
Previous CloseN/A
Volume282.90K
Average Volume (3M)1.44M
Market Cap
AU$1.82B
Enterprise ValueAU$1.82B
Total Cash (Recent Filing)AU$180.39M
Total Debt (Recent Filing)AU$157.83M
Price to Earnings (P/E)232.1
Beta2.71
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
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$6.14Price Target Upside9.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.14
Revenue Forecast (FY)AU$416.03M
Bulls Say, Bears Say
Bulls Say
Low LeverageA low debt-to-equity ratio (0.25) provides durable financial flexibility: it reduces refinancing risk, supports bidding for new mining service contracts, and lets management fund development projects or absorb operational volatility without immediate external capital over the next several months.
Consistent Revenue GrowthSustained top-line growth near ~19% demonstrates expanding contract activity and market traction for its mining services. Persistent revenue expansion supports scale benefits, contract leverage, and the ability to invest in operational improvement over a 2–6 month horizon.
Diversified Revenue ModelA business model combining recurring contract services with optional upside from owned development projects balances stability and growth optionality. Contracts provide predictable cash flows, while in-house projects create long-term asset value if advanced to production.
Bears Say
Negative ProfitabilityDespite revenue growth, persistent negative EBIT and net margins indicate core operating issues. Structural margin weakness constrains retained earnings and reinvestment, forcing reliance on non-operating items or capital raises to fund growth and operations over coming months.
Negative Free Cash FlowOngoing negative free cash flow, even if improving, undermines the company's ability to self-fund capex, sustain working capital, or deploy capital to projects. Continued cash outflows may necessitate external financing and raise execution risk in the medium term.
Negative Return On EquityA negative ROE signals the company is not generating returns on shareholder capital, reflecting operational inefficiency or heavy non-operating charges. This structural weakness can hinder capital-raising, investor confidence, and long-term value creation if not remedied.
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$2.26 and its highest was AU$5.89 in the past 12 months.
What is Develop Global Limited’s market cap?
Develop Global Limited’s market cap is AU$1.82B.
When is Develop Global Limited’s upcoming earnings report date?
Develop Global Limited’s upcoming earnings report date is Sep 24, 2026 which is in 165 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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$6.14 (9.83% Upside)
AU$6.14 (9.83% Upside)
Blogger Sentiment
Bullish
AU:DVP Sentiment 97%
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$6.14
▲(9.83% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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