Obermatt

Develop Global

ASX:DVP · AU0000179707
Metals & MiningSmall

360

34
EV / EBIT10
Price / Owner Earnings97
Owner Earnings Yield1
Dividend Yield1
Price/Sales10
EV / Gross Profit38
Price/Book30
Return on Capital38
Cash Return on Capital53
Return on Equity79
EBIT Margin26
Gross Profitability64
Cash Conversion14
Accruals7
Owner Earnings Margin49
Sales growth78
Profit Growth10
Owner Earnings Growth8
Reinvestment78
Price momentum52
Debt load41
Refinancing30
Debt Payback1
Liquidity29
Analyst ratings100
Opinion Changes50
Price Target Upside13
Market mood55
Value Creation4/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Develop Global doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryAustralia
IndustryMetals & Mining
SizeSmall
TypePublic Company
ExchangeASX
Founded2006
Employees163
ISINAU0000179707
Last UpdateApr 2, 2026
Themes
LithiumMineralMining

Description

Analysis

Middle-of-the-road

Develop Global Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is stretched. The company scores 4/20 on our value-creation score: not creating value.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
10
Price/Earnings
1
Price/Book
30
Dividend Yield
1
Value (overall)
1

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →