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GrainCorp LimitedASX:GNC Stock Report

Market Cap AU$1.1b
Share Price
AU$4.99
AU$6.35
21.4% undervalued intrinsic discount
1Y-36.4%
7D-1.2%
1D
Portfolio Value
View

GrainCorp Limited

ASX:GNC Stock Report

Market Cap: AU$1.1b

GrainCorp (GNC) Stock Overview

Operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, Asia, the Middle East and North Africa, and internationally. More details

GNC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends2/6

GNC Community Fair Values

Create Narrative

See what 36 others think this stock is worth. Follow their fair value or set your own to get alerts.

GrainCorp Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for GrainCorp
Historical stock prices
Current Share PriceAU$4.99
52 Week HighAU$9.13
52 Week LowAU$4.69
Beta-0.035
1 Month Change-18.60%
3 Month Change-19.39%
1 Year Change-36.43%
3 Year Change-36.92%
5 Year Change-4.04%
Change since IPO-44.94%

Recent News & Updates

New Narrative Jun 01

Long Term Grain And Agri Energy Trends Will Support A Stronger Earnings Recovery

Catalysts About GrainCorp GrainCorp is an Australian agribusiness that handles, stores, processes and trades grain, oilseeds and related nutrition and energy products across domestic and export markets. What are the underlying business or industry changes driving this perspective?
Narrative Update May 22

GNC: Higher Future P/E Will Support Earnings Stability Despite Softer Assumptions

Analysts have reduced their price target on GrainCorp to A$6.35 from A$7.44, citing updated views on fair value, a slightly higher discount rate, and modestly softer expectations for revenue growth, profit margins, and future P/E. Valuation Changes Fair Value: reduced from A$7.44 to A$6.35, indicating a lower assessed valuation for the stock.
New Narrative May 15

High Grain Supply And On Farm Storage Will Pressure Margins And Future Earnings

Catalysts About GrainCorp GrainCorp operates grain storage, handling, processing and related nutrition and energy businesses focused on East Coast Australia and export markets. What are the underlying business or industry changes driving this perspective?

Recent updates

New Narrative Jun 01

Long Term Grain And Agri Energy Trends Will Support A Stronger Earnings Recovery

Catalysts About GrainCorp GrainCorp is an Australian agribusiness that handles, stores, processes and trades grain, oilseeds and related nutrition and energy products across domestic and export markets. What are the underlying business or industry changes driving this perspective?
Narrative Update May 22

GNC: Higher Future P/E Will Support Earnings Stability Despite Softer Assumptions

Analysts have reduced their price target on GrainCorp to A$6.35 from A$7.44, citing updated views on fair value, a slightly higher discount rate, and modestly softer expectations for revenue growth, profit margins, and future P/E. Valuation Changes Fair Value: reduced from A$7.44 to A$6.35, indicating a lower assessed valuation for the stock.
New Narrative May 15

High Grain Supply And On Farm Storage Will Pressure Margins And Future Earnings

Catalysts About GrainCorp GrainCorp operates grain storage, handling, processing and related nutrition and energy businesses focused on East Coast Australia and export markets. What are the underlying business or industry changes driving this perspective?
Narrative Update May 02

GNC: Higher Future P/E Will Support Earnings Stability Despite Softer Assumptions

Analysts have trimmed their price target on GrainCorp to about A$7.44 from around A$7.57, reflecting slightly weaker revenue and margin assumptions and a modestly higher future P/E multiple following recent research and the downgrade at RBC Capital. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher implied future P/E multiple as a sign that the market is still prepared to ascribe value to GrainCorp’s earnings stream, even with more cautious revenue and margin assumptions.
Narrative Update Apr 17

GNC: Cost Discipline And Asset Utilisation Will Support Future Earnings Stability

Analysts have trimmed their price target on GrainCorp to A$7.57, reflecting updated views on its revenue growth outlook, profit margins and assumed future P/E multiple following recent research, including a downgrade at RBC Capital. Analyst Commentary Analysts have reacted to the latest research with a mix of optimism about GrainCorp's positioning and caution about how much investors should pay for that exposure at the current A$7.57 target.
Narrative Update Apr 03

GNC: Firmer Revenue Assumptions Will Support Future Margin And P/E Reassessment

Analysts have adjusted their price target on GrainCorp to A$7.57. The change reflects slightly firmer revenue growth assumptions, a small trim to profit margin expectations, and only a marginal tweak to the projected future P/E multiple following recent research updates including the downgrade at RBC Capital.
Narrative Update Mar 18

GNC: Downgraded Outlook Will Still Support Future Margin And P/E Reassessment

Analysts have trimmed their price target for GrainCorp by A$0.00, citing slightly softer revenue growth assumptions, a small adjustment to fair value at A$7.57, and a modestly lower future P/E estimate, following the recent downgrade highlighted in Street research. Analyst Commentary Recent Street research points to a more cautious stance on GrainCorp, with the downgrade linked to softer revenue growth assumptions and a recalibration of fair value at A$7.57.
Narrative Update Mar 03

GNC: Recalibrated Margins And P/E Will Support Future Upside Potential

Analysts have trimmed their price target on GrainCorp to A$7.57. This reflects updated assumptions around revenue, margins and P/E that align with the recent downgrade highlighted in Street research.
Narrative Update Feb 17

GNC: Higher Future P/E And Trimmed Fair Value Will Support Upside Potential

Analysts have trimmed their fair value estimate for GrainCorp by A$0.45 per share. This reflects slightly softer revenue and margin assumptions and a modestly higher future P/E of about 20.5x following recent research updates, including the latest downgrade at RBC Capital.
Analysis Article Feb 02

GrainCorp (ASX:GNC) Is Doing The Right Things To Multiply Its Share Price

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Narrative Update Feb 02

GNC: Share Buybacks And Special Dividend Will Support Future Upside Potential

Analysts have trimmed their price target on GrainCorp, citing a lower fair value estimate, a reduced future P/E assumption, and slightly softer revenue growth and profit margin forecasts as key drivers of the change. What's in the News The board has declared a total final dividend of A$0.24 per share, including a fully franked final special dividend of A$0.10 per share.
Analysis Article Dec 17

GrainCorp Limited's (ASX:GNC) P/E Still Appears To Be Reasonable

GrainCorp Limited's ( ASX:GNC ) price-to-earnings (or "P/E") ratio of 38.5x might make it look like a strong sell right...
Analysis Article Nov 20

GrainCorp's (ASX:GNC) Conservative Accounting Might Explain Soft Earnings

The most recent earnings report from GrainCorp Limited ( ASX:GNC ) was disappointing for shareholders. However, our...
Analysis Article Nov 16

GrainCorp (ASX:GNC) Is Paying Out A Dividend Of A$0.24

The board of GrainCorp Limited ( ASX:GNC ) has announced that it will pay a dividend on the 11th of December, with...
Analysis Article Nov 13

A Look At The Fair Value Of GrainCorp Limited (ASX:GNC)

Key Insights The projected fair value for GrainCorp is AU$8.17 based on 2 Stage Free Cash Flow to Equity GrainCorp's...
Narrative Update Nov 07

GNC: Expansion Into Agri-Energy And Animal Nutrition Will Unlock Future Opportunities

Analysts have modestly increased their price target for GrainCorp from $9.04 to $9.21 per share, citing updated assumptions regarding profitability and valuation metrics. This change comes despite expectations of softer revenue growth.
Analysis Article Sep 03

GrainCorp Limited's (ASX:GNC) P/E Is On The Mark

With a price-to-earnings (or "P/E") ratio of 26.2x GrainCorp Limited ( ASX:GNC ) may be sending bearish signals at the...
Analysis Article Aug 13

Here's Why GrainCorp (ASX:GNC) Can Manage Its Debt Responsibly

ASX:GNC 1 Year Share Price vs Fair Value Explore GrainCorp's Fair Values from the Community and select yours Legendary...
Analysis Article May 17

GrainCorp (ASX:GNC) Is Paying Out A Dividend Of A$0.24

GrainCorp Limited's ( ASX:GNC ) investors are due to receive a payment of A$0.24 per share on 17th of July. This makes...
Analysis Article Feb 14

Is Now The Time To Look At Buying GrainCorp Limited (ASX:GNC)?

GrainCorp Limited ( ASX:GNC ), is not the largest company out there, but it received a lot of attention from a...
User avatar
New Narrative Feb 06

I Expect Expansion Into Agri-Energy And Animal Nutrition Sectors Will Enhance Operational Efficiency And Open New Markets

Record oilseed crush volumes and Animal Nutrition expansion enhance efficiency, potentially boosting future revenue.
Analysis Article Dec 17

Risks To Shareholder Returns Are Elevated At These Prices For GrainCorp Limited (ASX:GNC)

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Consumer Retailing industry in Australia, you...
Analysis Article Nov 05

A Look At The Intrinsic Value Of GrainCorp Limited (ASX:GNC)

Key Insights The projected fair value for GrainCorp is AU$8.44 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Sep 13

GrainCorp Limited's (ASX:GNC) Business Is Yet to Catch Up With Its Share Price

With a median price-to-earnings (or "P/E") ratio of close to 19x in Australia, you could be forgiven for feeling...
Analysis Article Apr 02

Is Now The Time To Look At Buying GrainCorp Limited (ASX:GNC)?

GrainCorp Limited ( ASX:GNC ), might not be a large cap stock, but it saw a decent share price growth of 20% on the ASX...
Analysis Article Mar 08

Improved Earnings Required Before GrainCorp Limited (ASX:GNC) Shares Find Their Feet

With a price-to-earnings (or "P/E") ratio of 7.2x GrainCorp Limited ( ASX:GNC ) may be sending very bullish signals at...
Analysis Article Dec 05

GrainCorp (ASX:GNC) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 29

Calculating The Intrinsic Value Of GrainCorp Limited (ASX:GNC)

Key Insights The projected fair value for GrainCorp is AU$8.74 based on 2 Stage Free Cash Flow to Equity With AU$7.85...
Analysis Article Jun 13

GrainCorp (ASX:GNC) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

GNCAU FoodAU Market
7D-1.2%-0.07%1.0%
1Y-36.4%-7.4%2.7%

Return vs Industry: GNC underperformed the Australian Food industry which returned -7.4% over the past year.

Return vs Market: GNC underperformed the Australian Market which returned 2.7% over the past year.

Price Volatility

Is GNC's price volatile compared to industry and market?
GNC volatility
GNC Average Weekly Movement5.4%
Food Industry Average Movement6.4%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market4.2%

Stable Share Price: GNC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: GNC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1916n/aRobert Spurwaywww.graincorp.com.au

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, Asia, the Middle East and North Africa, and internationally. It operates through two segments, Agribusiness and Nutrition and Energy. The company engages in the operation of an integrated grain storage and handling network comprising receival sites and bulk port terminals; purchasing, storing, transporting, and selling agricultural commodities; handling wheat, barley, canola, chickpeas, and sorghum; and trading, importing and exporting cereals, oilseeds, and pulses; and supplies arable seeds and organic agriproducts.

GrainCorp Limited Fundamentals Summary

How do GrainCorp's earnings and revenue compare to its market cap?
GNC fundamental statistics
Market capAU$1.06b
Earnings (TTM)-AU$13.60m
Revenue (TTM)AU$7.10b
0.2x
P/S Ratio
-79.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GNC income statement (TTM)
RevenueAU$7.10b
Cost of RevenueAU$6.41b
Gross ProfitAU$689.60m
Other ExpensesAU$703.20m
Earnings-AU$13.60m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Nov 11, 2026

Earnings per share (EPS)-0.063
Gross Margin9.72%
Net Profit Margin-0.19%
Debt/Equity Ratio126.2%

How did GNC perform over the long term?

See historical performance and comparison

Dividends

5.6%
Current Dividend Yield
-450%
Payout Ratio

Does GNC pay a reliable dividends?

See GNC dividend history and benchmarks
When do you need to buy GNC by to receive an upcoming dividend?
GrainCorp dividend dates
Ex Dividend DateJul 01 2026
Dividend Pay DateJul 16 2026
Days until Ex dividend27 days
Days until Dividend pay date42 days

Does GNC pay a reliable dividends?

See GNC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 14:33
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GrainCorp Limited is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan SnapeBell Potter
Ramanan SooriyakumarBofA Global Research
James FerrierCanaccord Genuity