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Grit Real Estate Income Group LSE:GR1T Stock Report

Last Price

UK£0.10

Market Cap

UK£49.6m

7D

0%

1Y

-48.8%

Updated

25 Dec, 2024

Data

Company Financials

Grit Real Estate Income Group Limited

LSE:GR1T Stock Report

Market Cap: UK£49.6m

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

GR1T fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Grit Real Estate Income Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Grit Real Estate Income Group
Historical stock prices
Current Share PriceUK£0.10
52 Week HighUK£0.23
52 Week LowUK£0.10
Beta0.15
1 Month Change-2.33%
3 Month Change-20.75%
1 Year Change-48.78%
3 Year Change-70.42%
5 Year Change-88.26%
Change since IPO-90.70%

Recent News & Updates

A Look At The Fair Value Of Grit Real Estate Income Group Limited (LON:GR1T)

Nov 20
A Look At The Fair Value Of Grit Real Estate Income Group Limited (LON:GR1T)

Recent updates

A Look At The Fair Value Of Grit Real Estate Income Group Limited (LON:GR1T)

Nov 20
A Look At The Fair Value Of Grit Real Estate Income Group Limited (LON:GR1T)

Grit Real Estate Income Group (LON:GR1T) Use Of Debt Could Be Considered Risky

Jun 26
Grit Real Estate Income Group (LON:GR1T) Use Of Debt Could Be Considered Risky

We Think Some Shareholders May Hesitate To Increase Grit Real Estate Income Group Limited's (LON:GR1T) CEO Compensation

Dec 13
We Think Some Shareholders May Hesitate To Increase Grit Real Estate Income Group Limited's (LON:GR1T) CEO Compensation

We Think Shareholders Should Be Aware Of Some Factors Beyond Grit Real Estate Income Group's (LON:GR1T) Profit

Mar 04
We Think Shareholders Should Be Aware Of Some Factors Beyond Grit Real Estate Income Group's (LON:GR1T) Profit

Is Grit Real Estate Income Group Limited (LON:GR1T) At Risk Of Cutting Its Dividend?

Feb 18
Is Grit Real Estate Income Group Limited (LON:GR1T) At Risk Of Cutting Its Dividend?

Shareholder Returns

GR1TGB Real EstateGB Market
7D0%0.9%-0.6%
1Y-48.8%-2.4%3.1%

Return vs Industry: GR1T underperformed the UK Real Estate industry which returned -2.4% over the past year.

Return vs Market: GR1T underperformed the UK Market which returned 3.1% over the past year.

Price Volatility

Is GR1T's price volatile compared to industry and market?
GR1T volatility
GR1T Average Weekly Movement3.4%
Real Estate Industry Average Movement3.5%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.6%
10% least volatile stocks in GB Market2.6%

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

FoundedEmployeesCEOWebsite
2012140Bronwyn Knightwww.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

How do Grit Real Estate Income Group's earnings and revenue compare to its market cap?
GR1T fundamental statistics
Market capUK£49.65m
Earnings (TTM)-UK£67.33m
Revenue (TTM)UK£56.67m

0.9x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GR1T income statement (TTM)
RevenueUS$71.12m
Cost of RevenueUS$12.37m
Gross ProfitUS$58.75m
Other ExpensesUS$143.25m
Earnings-US$84.50m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin82.61%
Net Profit Margin-118.81%
Debt/Equity Ratio151.4%

How did GR1T perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 21:20
End of Day Share Price 2024/12/24 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

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.

AnalystInstitution
Edward StaceyCapital Network by Proactive Investors
Moses NjugunaEFG-Hermes Research
Tracy KivunyuTellimer Research