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GR Engineering Services ASX:GNG Stock Report

Last Price

AU$2.43

Market Cap

AU$405.8m

7D

1.3%

1Y

6.1%

Updated

21 Dec, 2024

Data

Company Financials

GR Engineering Services Limited

ASX:GNG Stock Report

Market Cap: AU$405.8m

GNG Stock Overview

Provides engineering, procurement, and construction services to the mining and mineral processing industries in Australia and internationally. More details

GNG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

Rewards

Price-To-Earnings ratio (13x) is below the Australian market (19.8x)

Earnings grew by 13.4% over the past year

Risk Analysis

Dividend of 7.82% is not well covered by earnings or free cash flows


My Notes

Capture your thoughts, links and company narrative

GR Engineering Services Limited Competitors

Metals X

ASX:MLX

AU$362.8m

Jupiter Mines

ASX:JMS

AU$264.6m

OM Holdings

ASX:OMH

AU$267.5m

Macmahon Holdings

ASX:MAH

AU$739.0m

Price History & Performance

Summary of share price highs, lows and changes for GR Engineering Services
Historical stock prices
Current Share PriceAU$2.43
52 Week HighAU$2.92
52 Week LowAU$1.66
Beta0.38
1 Month Change10.45%
3 Month Change31.35%
1 Year Change6.11%
3 Year Change19.12%
5 Year Change211.54%
Change since IPO28.57%

Recent News & Updates

Recent updates

GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

Aug 28
GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

Nov 16
We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

Aug 24
GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

Feb 24
GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Nov 04
GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

May 23
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Apr 05
Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Mar 21
Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

Mar 06
Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

Feb 24
GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Feb 23
GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Feb 06
What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Jan 10
Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Dec 15
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Zooming in on ASX:GNG's 5.5% Dividend Yield

Nov 24
Zooming in on ASX:GNG's 5.5% Dividend Yield

Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

Aug 20
Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

Jul 16
GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

Shareholder Returns

GNGAU Metals and MiningAU Market
7D1.3%-5.2%-2.7%
1Y6.1%-19.5%6.5%

Return vs Industry: GNG exceeded the Australian Metals and Mining industry which returned -19.5% over the past year.

Return vs Market: GNG matched the Australian Market which returned 6.5% over the past year.

Price Volatility

Is GNG's price volatile compared to industry and market?
GNG volatility
GNG Average Weekly Movement3.3%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

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

Volatility Over Time: GNG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aTony Patriziwww.gres.com.au

GR Engineering Services Limited provides engineering, procurement, and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through Mineral Processing and Oil & Gas segments. It also offers feasibility studies, such as scoping, pre-feasibility, and definitive level studies, as well as study work and services that include front end engineering design, operations and process optimization, due diligence reviews, asset management system development and monitoring, risk evaluation and hazard/operability studies, technology evaluation and trade-off studies, and refurbishment assessments.

GR Engineering Services Limited Fundamentals Summary

How do GR Engineering Services's earnings and revenue compare to its market cap?
GNG fundamental statistics
Market capAU$405.83m
Earnings (TTM)AU$31.18m
Revenue (TTM)AU$424.06m

13.0x

P/E Ratio

1.0x

P/S Ratio

Is GNG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GNG income statement (TTM)
RevenueAU$424.06m
Cost of RevenueAU$191.52m
Gross ProfitAU$232.54m
Other ExpensesAU$201.36m
EarningsAU$31.18m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin54.84%
Net Profit Margin7.35%
Debt/Equity Ratio0%

How did GNG perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

100%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:25
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 here.

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 .

Analyst Sources

GR Engineering Services Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Moira DawAPP Securities Pty Ltd.
Steven AnastasiouBell Potter
Trent BarnettEuroz Hartleys Securities Limited