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Develop Global Limited (DVP.AX)

AUD6.01 +0.15 (+2.56%)
AU ASX Basic Materials Industrial Materials
Address 234 Railway Parade 6007
West Leederville, WA, AU
CEO William James Beament
IPO 2007-04-27
ISIN AU0000179707

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Also trades on Australian Securities Exchange · DVP.AX (AUD) Australian Securities Exchange · VXR.AX (AUD)
Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
AUD6.01 +0.15 (+2.56%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
1.11
Float Shares
252.54M
Free Float %
76.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.51% +8.13% +16.13% +5.52% +64.52% +31.33% +53.00% +77.39% +75.86% +1,617.80% -36.45%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6.01
Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.88
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Industrial Materials: +4.8%
    +57.2% Q4'25: +159.2% (vs Q4'23)
  • EPS growth Industrial Materials: +16.2%
    +584.2% Q4'25: +127.1% (vs Q4'23)
  • FCF margin FCF growth · Industrial Materials: +3.3%
    -14.7% Q4'25: -13.3% (vs Q4'23)
  • EBIT margin Industrial Materials: +3.1%
    -0.8% Q4'25: -5.0% (vs Q4'23)
  • ROIC Industrial Materials: +2.2%
    -0.3% Q4'25: -3.3% (vs Q4'23)
  • Share dilution Industrial Materials: -0.2%
    +25.2% Q4'25: +58.2% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Industrial Materials: 0.52×
    5.87× Q4'25: 11.70× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.10) × ERP
WACC = 92% × Ke + 8% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 6.01
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jun 2015
actual
Jun 2016
actual
Jun 2021
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
1 Rev. Ana.
2 EPS Ana.
Jun 2027
1 Rev. Ana.
2 EPS Ana.
Jun 2028
1 Rev. Ana.
2 EPS Ana.
Jun 2029
1 Rev. Ana.
1 EPS Ana.
Jun 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
366.2K
est: 3.20M (-88.6%)
794.2K
est: 5.50M (-85.6%)
est: 304.0K (-100.0%)
67.78M
est: 66.00M (+2.7%)
147.23M
est: 142.00M (+3.7%)
231.47M
est: 228.77M (+1.2%)
379.40M
379.40M – 379.40M
+65.8% YoY
618.13M
618.13M – 618.13M
+62.9% YoY
985.20M
985.20M – 985.20M
+59.4% YoY
1.17B
1.17B – 1.17B
+19.2% YoY
1.31B
1.31B – 1.31B
+11.4% YoY
EBITDA
-41.03M
est: 123.4K (-33,360.2%)
-2.48M
est: 212.0K (-1,270.6%)
-89.37M
est: 11.7K (-762,813.6%)
-1.33M
est: 2.54M (-152.5%)
14.13M
est: 5.47M (+158.1%)
26.96M
est: 8.82M (+205.7%)
14.62M
14.62M – 14.62M
+65.8% YoY
23.83M
23.83M – 23.83M
+62.9% YoY
37.98M
37.98M – 37.98M
+59.4% YoY
45.26M
45.26M – 45.26M
+19.2% YoY
50.40M
50.40M – 50.40M
+11.4% YoY
EBIT
-41.69M
est: -147.1K (-28,242.4%)
-3.76M
est: -252.8K (-1,388.0%)
-89.79M
est: -14.0K (-642,451.7%)
-11.31M
est: -3.03M (-272.7%)
-8.11M
est: -6.53M (-24.3%)
-1.83M
est: -10.52M (+82.6%)
-17.44M
-17.44M – -17.44M
-65.8% YoY
-28.42M
-28.42M – -28.42M
-62.9% YoY
-45.29M
-45.29M – -45.29M
-59.4% YoY
-53.97M
-53.97M – -53.97M
-19.2% YoY
-60.11M
-60.11M – -60.11M
-11.4% YoY
Net Income
-41.38M
est: -23.65M (-74.9%)
-2.98M
est: -61.36M (+95.1%)
-89.88M
est: -13.81M (-551.0%)
-17.89M
est: -13.59M (-31.6%)
-12.13M
est: -4.06M (-198.9%)
72.39M
est: 283.1K (+25,467.9%)
23.60M
17.26M – 29.93M
+8,233.3% YoY
151.70M
99.61M – 153.90M
+542.9% YoY
192.25M
177.27M – 207.24M
+26.7% YoY
295.88M
295.88M – 295.88M
+53.9% YoY
353.93M
353.93M – 353.93M
+19.6% YoY
SGA
1.01M
est: 2.40M (-58.1%)
811.8K
est: 4.13M (-80.3%)
87.00M
est: 228.2K (+38,018.3%)
2.96M
est: 49.55M (-94.0%)
79.14M
est: 106.61M (-25.8%)
24.85M
est: 171.75M (-85.5%)
284.84M
284.84M – 284.84M
+65.8% YoY
464.07M
464.07M – 464.07M
+62.9% YoY
739.65M
739.65M – 739.65M
+59.4% YoY
881.47M
881.47M – 881.47M
+19.2% YoY
981.69M
981.69M – 981.69M
+11.4% YoY
EPS
-0.19
est: -0.08 (-127.4%)
-0.01
est: -0.22 (+93.6%)
-0.42
est: -0.05 (-761.3%)
-0.08
est: -0.05 (-73.3%)
-0.05
est: -0.01 (-274.7%)
0.27
est: 0.00 (+26,900.0%)
0.08
0.06 – 0.11
+8,233.3% YoY
0.45
0.35 – 0.54
+437.2% YoY
0.68
0.63 – 0.73
+51.7% YoY
1.05
1.05 – 1.05
+53.9% YoY
1.25
1.25 – 1.25
+19.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-28 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-27 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-26 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-25 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-22 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-21 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-20 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-19 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-18 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-15 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-14 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-13 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-12 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-11 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-08 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-07 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-06 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-05 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-04 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-01 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-04-30 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-04-29 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-28 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-27 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-24 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-23 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-22 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-21 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-20 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-17 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-16 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
710.03M
OE per share TTM
2.74
Owner's Yield
35.67%
Maintenance CapEx ratio
9,153.43%
Maint CapEx / Avg PPE
190.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 64 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X - Copper Miners ETF COPX 0.64% 44.48M 0.65%
2 Global X - Copper Miners UCITS ETF COPX.L 0.64% 6.99M 0.55%
3 iShares S&P/ASX Small Ordinaries ETF ISO.AX 0.56% 487.2K 0.55%
4 iShares Copper and Metals Mining ETF ICOP 0.36% 1.51M 0.47%
5 Vanguard MSCI Australian Small Companies Index ETF VSO.AX 0.30% 2.37M 0.30%
6 iShares Copper Miners UCITS ETF COPM.SW 0.28% 1.35M 0.55%
7 BetaShares S&P/ASX 200 Resources Sector ETF QRE.AX 0.21% 727.4K 0.34%
8 BetaShares - Australian Ex-20 Portfolio Diversifier ETF EX20.AX 0.16% 742.0K 0.25%
9 BetaShares - Geared Australian Equities Complex ETF GEAR.AX 0.13% 558.6K 0.78%
10 ALPS Funds CoreCommodity Natural Resources ETF CCNR 0.13% 470.9K 0.39%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-4.2K
Shares Outstanding
329.99M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
William James Beament MD & Director 1M male
Ben MacKinnon Chief Financial Officer 560.5K male
Elle Farris General Counsel & Company Secretary female
Guy Singleton Chief External Affairs Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits