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). More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
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Grit Real Estate Income Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.17 |
| 52 Week High | UK£0.30 |
| 52 Week Low | UK£0.15 |
| Beta | 0.15 |
| 1 Month Change | 0% |
| 3 Month Change | -5.56% |
| 1 Year Change | -43.33% |
| 3 Year Change | -67.92% |
| 5 Year Change | -85.59% |
| Change since IPO | -87.68% |
Recent News & Updates
Recent updates
Shareholder Returns
| DEL.N0000 | MU Real Estate | MU Market | |
|---|---|---|---|
| 7D | 0% | -0.6% | 0.07% |
| 1Y | -43.3% | 6.7% | 2.1% |
Return vs Industry: DEL.N0000 underperformed the MU Real Estate industry which returned 5.4% over the past year.
Return vs Market: DEL.N0000 underperformed the MU Market which returned 2% over the past year.
Price Volatility
| DEL.N0000 volatility | |
|---|---|
| DEL.N0000 Average Weekly Movement | 13.6% |
| Real Estate Industry Average Movement | 5.9% |
| Market Average Movement | 3.4% |
| 10% most volatile stocks in MU Market | 6.9% |
| 10% least volatile stocks in MU Market | 0.8% |
Stable Share Price: DEL.N0000's share price has been volatile over the past 3 months compared to the MU market.
Volatility Over Time: DEL.N0000's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of MU stocks.
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
| DEL.N0000 fundamental statistics | |
|---|---|
| Market cap | US$62.31m |
| Earnings (TTM) | -US$84.50m |
| Revenue (TTM) | US$71.12m |
0.9x
P/S Ratio-0.7x
P/E RatioIs DEL.N0000 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DEL.N0000 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 DEL.N0000 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:38 |
| End of Day Share Price | 2024/12/24 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 |
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| 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 |