GrainCorp Limited operates as a food ingredients and agribusiness company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$6.35|
|52 Week High||AU$3.44|
|52 Week Low||AU$6.77|
|1 Month Change||0.16%|
|3 Month Change||21.88%|
|1 Year Change||76.88%|
|3 Year Change||-21.41%|
|5 Year Change||-23.49%|
|Change since IPO||-29.93%|
Recent News & Updates
Is GrainCorp (ASX:GNC) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
|GNC||AU Consumer Retailing||AU Market|
Return vs Industry: GNC exceeded the Australian Consumer Retailing industry which returned 7.5% over the past year.
Return vs Market: GNC exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: GNC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GNC's weekly volatility (4%) has been stable over the past year.
About the Company
GrainCorp Limited operates as a food ingredients and agribusiness company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through three segments: Grains, Malt, and Oils. The Grains segment receives, transports, tests, stores, and imports grains comprising wheat, barley, canola, and sorghum, as well as other bulk commodities.
GrainCorp Fundamentals Summary
|GNC fundamental statistics|
Is GNC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GNC income statement (TTM)|
|Cost of Revenue||AU$3.84b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 11, 2021
|Earnings per share (EPS)||0.035|
|Net Profit Margin||0.19%|
How did GNC perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Is GrainCorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GNC (A$6.35) is trading above our estimate of fair value (A$5.98)
Significantly Below Fair Value: GNC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GNC is poor value based on its PE Ratio (184x) compared to the Australian Consumer Retailing industry average (27.4x).
PE vs Market: GNC is poor value based on its PE Ratio (184x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: GNC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GNC is good value based on its PB Ratio (1.3x) compared to the AU Consumer Retailing industry average (4.5x).
How is GrainCorp forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GNC's earnings are forecast to decline over the next 3 years (-12.6% per year).
Earnings vs Market: GNC's earnings are forecast to decline over the next 3 years (-12.6% per year).
High Growth Earnings: GNC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GNC's revenue is expected to decline over the next 3 years (-7.3% per year).
High Growth Revenue: GNC's revenue is forecast to decline over the next 3 years (-7.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GNC's Return on Equity is forecast to be low in 3 years time (6.7%).
How has GrainCorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GNC has a large one-off gain of A$12.4M impacting its March 31 2021 financial results.
Growing Profit Margin: GNC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GNC's earnings have declined by 37.2% per year over the past 5 years.
Accelerating Growth: GNC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GNC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (13.2%).
Return on Equity
High ROE: GNC's Return on Equity (0.7%) is considered low.
How is GrainCorp's financial position?
Financial Position Analysis
Short Term Liabilities: GNC's short term assets (A$2.2B) exceed its short term liabilities (A$1.9B).
Long Term Liabilities: GNC's short term assets (A$2.2B) exceed its long term liabilities (A$376.5M).
Debt to Equity History and Analysis
Debt Level: GNC's debt to equity ratio (135.9%) is considered high.
Reducing Debt: GNC's debt to equity ratio has increased from 87.9% to 135.9% over the past 5 years.
Debt Coverage: GNC's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: Insufficient data to determine if GNC's interest payments on its debt are well covered by EBIT.
What is GrainCorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GNC's dividend (2.52%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: GNC's dividend (2.52%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: GNC's dividend payments have been volatile in the past 10 years.
Growing Dividend: GNC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (434.2%), GNC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GNC's dividends in 3 years are forecast to be covered by earnings (60.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Robert Spurway serves as Chief Executive Officer and Managing Director at GrainCorp Limited since March 23, 2020 and also serves as it's Director. Mr. Spurway served as the Chief Operating Officer of G...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD933.56K) is about average for companies of similar size in the Australian market ($USD991.03K).
Compensation vs Earnings: Insufficient data to compare Robert's compensation with company performance.
Experienced Management: GNC's management team is considered experienced (2.5 years average tenure).
Experienced Board: GNC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
GrainCorp Limited's employee growth, exchange listings and data sources
- Name: GrainCorp Limited
- Ticker: GNC
- Exchange: ASX
- Founded: 1916
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: AU$1.433b
- Shares outstanding: 228.86m
- Website: https://www.graincorp.com.au
Number of Employees
- GrainCorp Limited
- 175 Liverpool Street
- Level 28
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 00:00|
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 here.