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Gram Car Carriers OB:GCC Stock Report

Last Price

NOK 259.50

Market Cap

NOK 7.5b

7D

-0.4%

1Y

60.8%

Updated

28 Jun, 2024

Data

Company Financials +

Gram Car Carriers ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gram Car Carriers
Historical stock prices
Current Share PriceNOK 259.50
52 Week HighNOK 268.00
52 Week LowNOK 141.40
Beta-0.92
11 Month Change0.39%
3 Month Change30.27%
1 Year Change60.78%
33 Year Changen/a
5 Year Changen/a
Change since IPO367.57%

Recent News & Updates

There's No Escaping Gram Car Carriers ASA's (OB:GCC) Muted Earnings Despite A 34% Share Price Rise

Apr 25
There's No Escaping Gram Car Carriers ASA's (OB:GCC) Muted Earnings Despite A 34% Share Price Rise

We Think Gram Car Carriers (OB:GCC) Might Have The DNA Of A Multi-Bagger

Feb 14
We Think Gram Car Carriers (OB:GCC) Might Have The DNA Of A Multi-Bagger

Recent updates

There's No Escaping Gram Car Carriers ASA's (OB:GCC) Muted Earnings Despite A 34% Share Price Rise

Apr 25
There's No Escaping Gram Car Carriers ASA's (OB:GCC) Muted Earnings Despite A 34% Share Price Rise

We Think Gram Car Carriers (OB:GCC) Might Have The DNA Of A Multi-Bagger

Feb 14
We Think Gram Car Carriers (OB:GCC) Might Have The DNA Of A Multi-Bagger

Gram Car Carriers' (OB:GCC) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 06
Gram Car Carriers' (OB:GCC) Shareholders Will Receive A Bigger Dividend Than Last Year

Shareholder Returns

GCCNO ShippingNO Market
7D-0.4%6.7%0.7%
1Y60.8%56.5%7.4%

Return vs Industry: GCC exceeded the Norwegian Shipping industry which returned 56.5% over the past year.

Return vs Market: GCC exceeded the Norwegian Market which returned 7.4% over the past year.

Price Volatility

Is GCC's price volatile compared to industry and market?
GCC volatility
GCC Average Weekly Movement7.7%
Shipping Industry Average Movement5.7%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.4%
10% least volatile stocks in NO Market2.7%

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

Volatility Over Time: GCC's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
198218Georg Whistgramcar.com

Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier in Asia, Europe, and internationally. The company invests in and operates maritime assets in the pure car and truck carrier shipping segment. It also offers commercial management services for the 18 owned carriers and 4 vessels managed by third party owners.

Gram Car Carriers ASA Fundamentals Summary

How do Gram Car Carriers's earnings and revenue compare to its market cap?
GCC fundamental statistics
Market capNOK 7.52b
Earnings (TTM)NOK 1.20b
Revenue (TTM)NOK 2.29b

6.3x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GCC income statement (TTM)
RevenueUS$214.64m
Cost of RevenueUS$48.14m
Gross ProfitUS$166.50m
Other ExpensesUS$54.35m
EarningsUS$112.15m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 20, 2024

Earnings per share (EPS)3.87
Gross Margin77.57%
Net Profit Margin52.25%
Debt/Equity Ratio89.7%

How did GCC perform over the long term?

See historical performance and comparison

Dividends

16.1%

Current Dividend Yield

76%

Payout Ratio
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