DEL.N0000 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£0.25 |
| 52 Week High | UK£0.44 |
| 52 Week Low | UK£0.25 |
| Beta | 0.20 |
| 1 Month Change | -10.71% |
| 3 Month Change | -3.85% |
| 1 Year Change | -10.71% |
| 3 Year Change | -58.33% |
| 5 Year Change | -81.88% |
| Change since IPO | -81.88% |
Recent News & Updates
Recent updates
Shareholder Returns
| DEL.N0000 | MU Real Estate | MU Market | |
|---|---|---|---|
| 7D | -3.8% | -0.7% | -0.006% |
| 1Y | -10.7% | -13.5% | 7.5% |
Return vs Industry: DEL.N0000 exceeded the MU Real Estate industry which returned -12.9% over the past year.
Return vs Market: DEL.N0000 underperformed the MU Market which returned 7.4% over the past year.
Price Volatility
| DEL.N0000 volatility | |
|---|---|
| DEL.N0000 Average Weekly Movement | 7.3% |
| Real Estate Industry Average Movement | 2.6% |
| Market Average Movement | 2.2% |
| 10% most volatile stocks in MU Market | 5.2% |
| 10% least volatile stocks in MU Market | 0.9% |
Stable Share Price: DEL.N0000 has not had significant price volatility in the past 3 months.
Volatility Over Time: DEL.N0000's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of MU stocks.
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
| DEL.N0000 fundamental statistics | |
|---|---|
| Market cap | US$119.89m |
| Earnings (TTM) | -US$46.91m |
| Revenue (TTM) | US$65.43m |
1.8x
P/S Ratio-2.6x
P/E RatioIs DEL.N0000 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DEL.N0000 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 DEL.N0000 perform over the long term?
See historical performance and comparison