company background image
GRIN logo

Golan Renewable Industries TASE:GRIN Stock Report

Last Price

₪8.20

Market Cap

₪280.6m

7D

-3.5%

1Y

-14.9%

Updated

18 May, 2024

Data

Company Financials

Golan Renewable Industries Ltd

TASE:GRIN Stock Report

Market Cap: ₪280.6m

GRIN Stock Overview

Develops, produces, distributes, and sells cross-linked polyethylene PEX piping systems in Israel, Europe, Scandinavia, Asia, North America, and South America.

GRIN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Golan Renewable Industries Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Golan Renewable Industries
Historical stock prices
Current Share Price₪8.20
52 Week High₪12.32
52 Week Low₪8.02
Beta0.54
1 Month Change0.20%
3 Month Change-5.30%
1 Year Change-14.87%
3 Year Change-2.70%
5 Year Change11.60%
Change since IPO77.20%

Recent News & Updates

Slowing Rates Of Return At Golan Plastic Products (TLV:GLPL) Leave Little Room For Excitement

Nov 10
Slowing Rates Of Return At Golan Plastic Products (TLV:GLPL) Leave Little Room For Excitement

Recent updates

Slowing Rates Of Return At Golan Plastic Products (TLV:GLPL) Leave Little Room For Excitement

Nov 10
Slowing Rates Of Return At Golan Plastic Products (TLV:GLPL) Leave Little Room For Excitement

Golan Plastic Products (TLV:GLPL) Has A Pretty Healthy Balance Sheet

Aug 31
Golan Plastic Products (TLV:GLPL) Has A Pretty Healthy Balance Sheet

Golan Plastic Products (TLV:GLPL) Hasn't Managed To Accelerate Its Returns

May 30
Golan Plastic Products (TLV:GLPL) Hasn't Managed To Accelerate Its Returns

Does Golan Plastic Products (TLV:GLPL) Have A Healthy Balance Sheet?

May 26
Does Golan Plastic Products (TLV:GLPL) Have A Healthy Balance Sheet?

Golan Plastic Products (TLV:GLPL) Hasn't Managed To Accelerate Its Returns

May 06
Golan Plastic Products (TLV:GLPL) Hasn't Managed To Accelerate Its Returns

What To Know Before Buying Golan Plastic Products Ltd. (TLV:GLPL) For Its Dividend

Mar 23
What To Know Before Buying Golan Plastic Products Ltd. (TLV:GLPL) For Its Dividend

Did You Participate In Any Of Golan Plastic Products' (TLV:GLPL) Respectable 83% Return?

Mar 05
Did You Participate In Any Of Golan Plastic Products' (TLV:GLPL) Respectable 83% Return?

Golan Plastic Products (TLV:GLPL) Seems To Use Debt Rather Sparingly

Feb 17
Golan Plastic Products (TLV:GLPL) Seems To Use Debt Rather Sparingly

What Do The Returns At Golan Plastic Products (TLV:GLPL) Mean Going Forward?

Feb 01
What Do The Returns At Golan Plastic Products (TLV:GLPL) Mean Going Forward?

Is Weakness In Golan Plastic Products Ltd. (TLV:GLPL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Jan 18
Is Weakness In Golan Plastic Products Ltd. (TLV:GLPL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Two Days Left To Buy Golan Plastic Products Ltd. (TLV:GLPL) Before The Ex-Dividend Date

Jan 03
Two Days Left To Buy Golan Plastic Products Ltd. (TLV:GLPL) Before The Ex-Dividend Date

Calculating The Fair Value Of Golan Plastic Products Ltd. (TLV:GLPL)

Dec 20
Calculating The Fair Value Of Golan Plastic Products Ltd. (TLV:GLPL)

Should Golan Plastic Products Ltd. (TLV:GLPL) Be Part Of Your Dividend Portfolio?

Dec 07
Should Golan Plastic Products Ltd. (TLV:GLPL) Be Part Of Your Dividend Portfolio?

Did You Participate In Any Of Golan Plastic Products' (TLV:GLPL) Respectable 79% Return?

Nov 24
Did You Participate In Any Of Golan Plastic Products' (TLV:GLPL) Respectable 79% Return?

Shareholder Returns

GRINIL BuildingIL Market
7D-3.5%-3.6%-2.5%
1Y-14.9%-15.5%1.5%

Return vs Industry: GRIN matched the IL Building industry which returned -15.5% over the past year.

Return vs Market: GRIN underperformed the IL Market which returned 1.5% over the past year.

Price Volatility

Is GRIN's price volatile compared to industry and market?
GRIN volatility
GRIN Average Weekly Movement3.4%
Building Industry Average Movement3.8%
Market Average Movement4.4%
10% most volatile stocks in IL Market8.0%
10% least volatile stocks in IL Market3.1%

Stable Share Price: GRIN has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1963291Reuven Alonwww.golanglobal.com

Golan Renewable Industries Ltd develops, produces, distributes, and sells cross-linked polyethylene PEX piping systems in Israel, Europe, Scandinavia, Asia, North America, and South America. The company provides pipes, fittings, and accessories for systems. It also offers screw and crimping fittings, and fax pipes for underfloor heating and heating systems, neighborhood and municipal water systems, municipal infrastructure, effluent and sewage systems, liquids and gases, and sludges, as well as chemical solutions and effluents, drilling, and mines.

Golan Renewable Industries Ltd Fundamentals Summary

How do Golan Renewable Industries's earnings and revenue compare to its market cap?
GRIN fundamental statistics
Market cap₪280.56m
Earnings (TTM)₪38.44m
Revenue (TTM)₪430.24m

7.3x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRIN income statement (TTM)
Revenue₪430.24m
Cost of Revenue₪314.29m
Gross Profit₪115.95m
Other Expenses₪77.51m
Earnings₪38.44m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.12
Gross Margin26.95%
Net Profit Margin8.93%
Debt/Equity Ratio24.5%

How did GRIN perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

47%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.