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Grit Real Estate Income Group MUSE:DEL.N0000 Stock Report

Last Price

US$0.22

Market Cap

US$121.9m

7D

10.0%

1Y

-37.1%

Updated

14 Jun, 2024

Data

Company Financials

Grit Real Estate Income Group Limited

MUSE:DEL.N0000 Stock Report

Market Cap: US$121.9m

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).

DEL.N0000 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends3/6

Grit Real Estate Income Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Grit Real Estate Income Group
Historical stock prices
Current Share PriceUK£0.22
52 Week HighUK£0.44
52 Week LowUK£0.19
Beta0.20
1 Month Change-12.00%
3 Month Change-21.43%
1 Year Change-37.14%
3 Year Change-52.17%
5 Year Change-83.82%
Change since IPO-84.06%

Recent News & Updates

Recent updates

Shareholder Returns

DEL.N0000MU Real EstateMU Market
7D10.0%-0.4%-0.8%
1Y-37.1%-11.6%5.7%

Return vs Industry: DEL.N0000 underperformed the MU Real Estate industry which returned -11.6% over the past year.

Return vs Market: DEL.N0000 underperformed the MU Market which returned 5.7% over the past year.

Price Volatility

Is DEL.N0000's price volatile compared to industry and market?
DEL.N0000 volatility
DEL.N0000 Average Weekly Movement7.5%
Real Estate Industry Average Movement2.6%
Market Average Movement2.8%
10% most volatile stocks in MU Market5.5%
10% least volatile stocks in MU Market1.1%

Stable Share Price: DEL.N0000's share price has been volatile over 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

FoundedEmployeesCEOWebsite
2012157Bronwyn 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?
DEL.N0000 fundamental statistics
Market capUS$121.91m
Earnings (TTM)-US$46.91m
Revenue (TTM)US$65.43m

1.9x

P/S Ratio

-2.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEL.N0000 income statement (TTM)
RevenueUS$65.43m
Cost of RevenueUS$9.78m
Gross ProfitUS$55.65m
Other ExpensesUS$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 Margin85.05%
Net Profit Margin-71.70%
Debt/Equity Ratio151.7%

How did DEL.N0000 perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

-15%

Payout Ratio
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