VTEXF (Develop Global) Intrinsic Value: Projected FCF: $0.76 (As of Aug. 12, 2026) — 84% Below Median

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Director of Data and Quant Analytics at GuruFocus
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VTEXF Develop Global Ltd VTEXF
51 GF Score
Price $3.45
GF Value $4.18
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Develop Global Intrinsic Value: Projected FCF?

Develop Global VTEXF 51 Intrinsic Value: Projected FCF is $0.76 as of Aug. 12, 2026, which is 84% below its 10-year median of 4.74. GuruFocus rates VTEXF with a GF Score™ of 51/100 and a GF Value™ of $4.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 641 Metals & Mining companies, Develop Global ranks worse than 70.51% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-12), Develop Global's Intrinsic Value: Projected FCF is $0.76. The stock price of Develop Global is $3.45. Therefore, Develop Global's Price-to-Intrinsic-Value-Projected-FCF of today is 4.5.

The historical rank and industry rank for Develop Global's Intrinsic Value: Projected FCF or its related term are showing as below:

VTEXF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 3.1   Med: 4.74   Max: 24.65
Current: 4.54

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Develop Global was 24.65. The lowest was 3.10. And the median was 4.74.

VTEXF's Price-to-Projected-FCF is ranked worse than
70.51% of 641 companies
in the Metals & Mining industry
Industry Median: 2.28 vs VTEXF: 4.54

Develop Global  (OTCPK:VTEXF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Develop Global's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=3.45/0.73315704215247
=4.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Develop Global Intrinsic Value: Projected FCF Related Terms


Develop Global Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Develop Global's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Develop Global Intrinsic Value: Projected FCF Chart

Develop Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 0.15 0.03 0.28 0.33

Develop Global Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.28 0.00 0.33 0.00

Develop Global Intrinsic Value: Projected FCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Develop Global's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Develop Global Price-to-Projected-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Develop Global's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Develop Global's Price-to-Projected-FCF falls into.


VTEXF
51GF Score
Develop Global Ltd VTEXF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Develop Global Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Develop Global's Free Cash Flow(6 year avg) = $-13.70.

Develop Global's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-13.698142857143+410.13*0.8)/269.646
=0.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of $0.76 mean?
Develop Global (VTEXF) has a Intrinsic Value: Projected FCF of $0.76 as of Aug. 12, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Develop Global and its competitors. This is 84% below median its historical median of 4.74. Over the past decade, Develop Global's Intrinsic Value: Projected FCF has ranged from 3.10 to 24.65. According to the industry distribution chart, Develop Global ranks #452 out of 641 companies in the Metals & Mining industry, placing it in the top 70.5%.
Is Develop Global's Intrinsic Value: Projected FCF too high?
Develop Global's current Intrinsic Value: Projected FCF of $0.76 is 84% below median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 24.65. The Metals & Mining industry median Intrinsic Value: Projected FCF is 2.28. Develop Global's value of $0.76 is 66.7% below this industry median. Based on the distribution chart, Develop Global ranks #452 out of 641 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Develop Global has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Develop Global's Intrinsic Value: Projected FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Develop Global ranks #452 out of 641 companies for Intrinsic Value: Projected FCF. This places Develop Global in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.28. Develop Global's value of $0.76 is 66.7% below this benchmark. Historically, Develop Global's own Intrinsic Value: Projected FCF has ranged from 3.10 to 24.65 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 2.28, Develop Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.28, based on 641 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Develop Global's current Intrinsic Value: Projected FCF of $0.76 is 66.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Develop Global and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Develop Global's current Intrinsic Value: Projected FCF is $0.76, which is 84% below median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Based on GuruFocus' analysis, Develop Global (VTEXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.18, compared to a current price of $3.45 — trading 17.5% below its estimated fair value. The current Intrinsic Value: Projected FCF is $0.76, which is 84% below median its 10-year median of 4.74 and 66.7% below the Metals & Mining industry median of 2.28. Develop Global's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Develop Global (VTEXF), the current Intrinsic Value: Projected FCF is $0.76 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Develop Global (VTEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Develop Global stock appears to be undervalued. The current stock price of $3.45 is trading 17.5% below its estimated GF Value™ of $4.18. GuruFocus considers Develop Global to be Modestly Undervalued.

Key valuation signals for VTEXF:

  • Intrinsic Value: Projected FCF: $0.76 (84% below median its 10-year median of 4.74)
  • GF Value™: $4.18 vs. price of $3.45 (17.5% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 66.7% below the Metals & Mining median (#452 of 641)

No single metric tells the full story. See the VTEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Develop Global Business Description

Other Exchanges IHB1:GermanyDVP:Australia
Address 234 Railway Parade, West Leederville, Perth, WA, AUS, 6007
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
51GF Score

Get the complete analysis for VTEXF

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.45
Price
$4.18
GF Value