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Develop Global Limited (AU:DVP)
ASX:DVP
DVP Stock Chart & Stats
AU$4.22
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$4.22
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$2.02 - AU$5.89
Previous CloseN/A
Volume282.90K
Average Volume (3M)1.44M
Market Cap
AU$1.37B
Enterprise ValueAU$1.37B
Total Cash (Recent Filing)AU$180.39M
Total Debt (Recent Filing)AU$157.83M
Price to Earnings (P/E)232.1
Beta2.44
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$6.06Price Target Upside43.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.18
Revenue Forecast (FY)AU$426.60M
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthDevelop Global exhibits durable top-line expansion, with multi-period revenue growth metrics in the pack. Sustained revenue growth supports scale economies, improves contract negotiating leverage, and provides a larger base to absorb fixed costs as the services business and owned projects mature.
Low Leverage / Healthy Balance SheetA low debt-to-equity ratio provides long-term financial flexibility to bid on large contracts, fund development projects, and withstand commodity cycles. It reduces refinancing risk and preserves capacity for strategic capex or bolt-on investments without immediate stress on cash flows.
Diversified Business ModelThe mix of recurring contract services plus optional upside from owned development projects creates durable revenue diversification. Services provide steady contract cashflows and client relationships; owned assets offer long-term margin upside if projects progress to production.
Bears Say
Weak ProfitabilityPersistent negative EBIT and net margins indicate underlying operational inefficiencies or cost structure issues in core mining services. Over months, weak operating profitability can erode equity returns, constrain reinvestment, and limit the firm's ability to convert revenue growth into sustainable shareholder value.
Negative Free Cash FlowOngoing negative free cash flow reduces internal funding for capex and project development and increases reliance on external financing. Structurally weak cash generation heightens vulnerability to contract delays, cyclical downturns, and may force dilution or higher-cost debt to fund growth.
Negative Return On EquityA negative ROE despite a healthy equity base signals inefficient capital allocation or loss-making operations. Over the medium term this undermines investor returns, pressures management to restructure or raise capital, and limits the firm's ability to demonstrate value creation from its asset base.
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$2.02 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$1.37B.
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 186 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$6.06 (43.66% Upside)
AU$6.06 (43.66% Upside)
Blogger Sentiment
Bullish
AU:DVP Sentiment 97%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $148.4K 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
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$6.06
▲(43.66% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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