GR1T Stock Overview
Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Grit Real Estate Income Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.10 |
| 52 Week High | UK£0.23 |
| 52 Week Low | UK£0.10 |
| Beta | 0.15 |
| 1 Month Change | 2.44% |
| 3 Month Change | -20.75% |
| 1 Year Change | -48.78% |
| 3 Year Change | -70.42% |
| 5 Year Change | -88.40% |
| Change since IPO | -90.70% |
Recent News & Updates
Recent updates
A Look At The Fair Value Of Grit Real Estate Income Group Limited (LON:GR1T)
Nov 20
Grit Real Estate Income Group (LON:GR1T) Use Of Debt Could Be Considered Risky
Jun 26We Think Some Shareholders May Hesitate To Increase Grit Real Estate Income Group Limited's (LON:GR1T) CEO Compensation
Dec 13We Think Shareholders Should Be Aware Of Some Factors Beyond Grit Real Estate Income Group's (LON:GR1T) Profit
Mar 04Is Grit Real Estate Income Group Limited (LON:GR1T) At Risk Of Cutting Its Dividend?
Feb 18
Shareholder Returns
| GR1T | GB Real Estate | GB Market | |
|---|---|---|---|
| 7D | 0% | 1.9% | -2.6% |
| 1Y | -48.8% | -1.6% | 2.4% |
Return vs Industry: GR1T underperformed the UK Real Estate industry which returned -1.6% over the past year.
Return vs Market: GR1T underperformed the UK Market which returned 2.4% over the past year.
Price Volatility
| GR1T volatility | |
|---|---|
| GR1T Average Weekly Movement | 3.4% |
| Real Estate Industry Average Movement | 3.5% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in GB Market | 10.6% |
| 10% least volatile stocks in GB Market | 2.6% |
Stable Share Price: GR1T has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: GR1T's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 140 | Bronwyn Knight | www.grit.group |
Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth.
Grit Real Estate Income Group Limited Fundamentals Summary
| GR1T fundamental statistics | |
|---|---|
| Market cap | UK£49.65m |
| Earnings (TTM) | -UK£67.20m |
| Revenue (TTM) | UK£56.56m |
0.9x
P/S Ratio-0.7x
P/E RatioIs GR1T overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GR1T income statement (TTM) | |
|---|---|
| Revenue | US$71.12m |
| Cost of Revenue | US$12.37m |
| Gross Profit | US$58.75m |
| Other Expenses | US$143.25m |
| Earnings | -US$84.50m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.18 |
| Gross Margin | 82.61% |
| Net Profit Margin | -118.81% |
| Debt/Equity Ratio | 151.4% |
How did GR1T perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Grit Real Estate Income Group Limited is covered by 3 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.
| Analyst | Institution |
|---|---|
| Edward Stacey | Capital Network by Proactive Investors |
| Moses Njuguna | EFG-Hermes Research |
| Tracy Kivunyu | Tellimer Research |