Grindrod Shipping Holdings Ltd
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $7.6833
- Today's High:
- $7.95
- Open Price:
- $7.8
- 52W Low:
- $6.7782
- 52W High:
- $21.1093
- Prev. Close:
- $7.8
- Volume:
- 22673
Company Statistics
- Market Cap.:
- $151.88 million
- Book Value:
- 14.518
- Revenue TTM:
- $426.96 million
- Operating Margin TTM:
- 21.4%
- Gross Profit TTM:
- $232.94 million
- Profit Margin:
- 16.41%
- Return on Assets TTM:
- 9.78%
- Return on Equity TTM:
- 22.42%
Company Profile
Grindrod Shipping Holdings Ltd had its IPO on 2018-06-18 under the ticker symbol GRIN.
The company operates in the Industrials sector and Marine Shipping industry. Grindrod Shipping Holdings Ltd has a staff strength of 607 employees.
Stock update
Shares of Grindrod Shipping Holdings Ltd opened at $7.8 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $7.68 - $7.95, and closed at $7.89.
This is a +1.15% increase from the previous day's closing price.
A total volume of 22,673 shares were traded at the close of the day’s session.
In the last one week, shares of Grindrod Shipping Holdings Ltd have increased by +1.15%.
Grindrod Shipping Holdings Ltd's Key Ratios
Grindrod Shipping Holdings Ltd has a market cap of $151.88 million, indicating a price to book ratio of 1.0242 and a price to sales ratio of 0.7645.
In the last 12-months Grindrod Shipping Holdings Ltd’s revenue was $426.96 million with a gross profit of $232.94 million and an EBITDA of $113.94 million. The EBITDA ratio measures Grindrod Shipping Holdings Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Grindrod Shipping Holdings Ltd’s operating margin was 21.4% while its return on assets stood at 9.78% with a return of equity of 22.42%.
In Q1, Grindrod Shipping Holdings Ltd’s quarterly earnings growth was a negative -47.9% while revenue growth was a negative 30.4%.
Grindrod Shipping Holdings Ltd’s PE and PEG Ratio
- Forward PE
- 4.1425
- Trailing PE
- 2.1196
- PEG
Its diluted EPS in the last 12-months stands at $3.68 per share while it has a forward price to earnings multiple of 4.1425 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Grindrod Shipping Holdings Ltd’s profitability.
Grindrod Shipping Holdings Ltd stock is trading at a EV to sales ratio of 0.9174 and a EV to EBITDA ratio of 1.9985. Its price to sales ratio in the trailing 12-months stood at 0.7645.
Grindrod Shipping Holdings Ltd stock pays annual dividends of $0.9 per share, indicating a yield of 17.13% and a payout ratio of 8.68%.
Balance sheet and cash flow metrics
- Total Assets
- $508.74 million
- Total Liabilities
- $75.43 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $2000
- Dividend Payout Ratio
- 8.68%
Grindrod Shipping Holdings Ltd ended 2024 with $508.74 million in total assets and $0 in total liabilities. Its intangible assets were valued at $508.74 million while shareholder equity stood at $287.81 million.
Grindrod Shipping Holdings Ltd ended 2024 with $0 in deferred long-term liabilities, $75.43 million in other current liabilities, 320683000.00 in common stock, $-8470000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $83.33 million and cash and short-term investments were $83.33 million. The company’s total short-term debt was $56,471,000 while long-term debt stood at $141.02 million.
Grindrod Shipping Holdings Ltd’s total current assets stands at $123.44 million while long-term investments were $3.37 million and short-term investments were $0. Its net receivables were $24.93 million compared to accounts payable of $15.04 million and inventory worth $12.53 million.
In 2024, Grindrod Shipping Holdings Ltd's operating cash flow was $0 while its capital expenditure stood at $2000.
Comparatively, Grindrod Shipping Holdings Ltd paid $0.09 in dividends in 2024.
Other key metrics
- Current Trading Price
- $7.89
- 52-Week High
- $21.1093
- 52-Week Low
- $6.7782
- Analyst Target Price
- $12.5
Grindrod Shipping Holdings Ltd stock is currently trading at $7.89 per share. It touched a 52-week high of $21.1093 and a 52-week low of $21.1093. Analysts tracking the stock have a 12-month average target price of $12.5.
Its 50-day moving average was $8.36 and 200-day moving average was $12.12 The short ratio stood at 1.43 indicating a short percent outstanding of 0%.
Around 8322.9% of the company’s stock are held by insiders while 305.2% are held by institutions.
Frequently Asked Questions About Grindrod Shipping Holdings Ltd
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About
Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of 15 handysize drybulk carriers and 16 supramax/ultramax drybulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore. Grindrod Shipping Holdings Ltd. operates as a subsidiary of Good Falkirk (MI) Limited.