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).
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Grit Real Estate Income Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.20 |
| 52 Week High | UK£0.33 |
| 52 Week Low | UK£0.12 |
| Beta | 0.20 |
| 1 Month Change | -4.76% |
| 3 Month Change | -6.10% |
| 1 Year Change | -39.39% |
| 3 Year Change | -60.78% |
| 5 Year Change | n/a |
| Change since IPO | -69.23% |
Recent News & Updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Grit Real Estate Income Group Limited's (LON:GR1T) CEO Compensation
Dec 13
We 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% | -0.6% | -0.9% |
| 1Y | -39.4% | 2.2% | -1.8% |
Return vs Industry: GR1T underperformed the UK Real Estate industry which returned 2.2% over the past year.
Return vs Market: GR1T underperformed the UK Market which returned -1.8% over the past year.
Price Volatility
| GR1T volatility | |
|---|---|
| GR1T Average Weekly Movement | 2.1% |
| Real Estate Industry Average Movement | 3.5% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in GB Market | 11.3% |
| 10% least volatile stocks in GB Market | 2.6% |
Stable Share Price: GR1T has not had significant price volatility in the past 3 months.
Volatility Over Time: GR1T's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 157 | 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£95.94m |
| Earnings (TTM) | -UK£37.92m |
| Revenue (TTM) | UK£52.89m |
1.8x
P/S Ratio-2.5x
P/E RatioIs GR1T overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GR1T income statement (TTM) | |
|---|---|
| Revenue | US$65.43m |
| Cost of Revenue | US$9.78m |
| Gross Profit | US$55.65m |
| Other Expenses | US$102.57m |
| Earnings | -US$46.91m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Oct 25, 2024
| Earnings per share (EPS) | -0.098 |
| Gross Margin | 85.05% |
| Net Profit Margin | -71.70% |
| Debt/Equity Ratio | 151.7% |
How did GR1T perform over the long term?
See historical performance and comparison