Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in the United States, Australia, and Asia.
The last earnings update was 8 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Grand Banks Yachts. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Grand Banks Yachts's
is considered below, and whether this is a fair price.
Price based on past earnings
Grand Banks Yachts's earnings available for a low price, and how does
this compare to other companies in the same industry?
Grand Banks Yachts's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to determine if Grand Banks Yachts is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Grand Banks Yachts's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Grand Banks Yachts
has a total score of
4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Grand Banks Yachts's finances.
The net worth of a company is the difference between its assets and liabilities.
Grand Banks Yachts is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Grand Banks Yachts's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Grand Banks Yachts's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 3.1x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Mark Jonathon Richards has been the Chief Executive Officer and Executive Director of Grand Banks Yachts Limited since August 1, 2014. Mr. Richards served as Managing Director of Palm Beach Motor Yacht Co Pty Ltd. A qualified shipwright and passionate yacht designer, he founded Palm Beach Motor Yachts in 1995. Under his leadership, Palm Beach has developed a reputation for producing some of the highest quality and most fuel-efficient luxury motor yachts in the world. Palm Beach's award-winning yachts are designed, built and marketed from its facility in Australia's Berkeley Vale, just 100 km north of Sydney. Mr. Richards is also a successful yachtsman. He is a two-time world champion and has won the prestigious Sydney-Hobart yacht race for a record eight times. He has represented Australia in dozens of international regattas, including two America's Cups and the 2003 Admiral's Cup in the U.K., where he led Australia to victory.
Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
Mark's remuneration is higher than average for companies of similar size in Singapore.
CEO & Executive Director
Heng Huat Chiam
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
Grand Banks Yachts
board of directors in years:
The tenure for the Grand Banks Yachts board of directors is about average.
Did Grand Banks Yachts Limited's (SGX:G50) Recent Earnings Growth Beat The Trend?
After reading Grand Banks Yachts Limited's (SGX:G50) most recent earnings announcement (31 March 2019), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … Check out our latest analysis for Grand Banks Yachts Were G50's earnings stronger than its past performances and the industry? … Companies that have performed well in the past, such as Grand Banks Yachts gives investors conviction.
Is Grand Banks Yachts Limited (SGX:G50) A High Quality Stock To Own?
Our data shows Grand Banks Yachts has a return on equity of 15% for the last year. … That means that for every SGD1 worth of shareholders' equity, it generated SGD0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Are Insiders Buying Grand Banks Yachts Limited (SGX:G50) Stock?
So we'll take a look at whether insiders have been buying or selling shares in Grand Banks Yachts Limited (SGX:G50). … The Last 12 Months Of Insider Transactions At Grand Banks Yachts. … In this case we're pleased to report that the insider bought shares at close to current prices
Is Now The Time To Put Grand Banks Yachts (SGX:G50) On Your Watchlist?
In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Grand Banks Yachts (SGX:G50). … One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. … This approach makes Grand Banks Yachts look pretty good, on balance; although revenue is flattish, EBIT margins improved from 3.6% to 7.3% in the last year.
Should Grand Banks Yachts (SGX:G50) Be Disappointed With Their 29% Profit?
For example, the Grand Banks Yachts Limited (SGX:G50) share price is up 29% in the last 5 years, clearly besting than the market return of around -4.0% (ignoring dividends). … Check out our latest analysis for Grand Banks Yachts. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
Is Grand Banks Yachts Limited's (SGX:G50) P/E Ratio Really That Good?
We'll show how you can use Grand Banks Yachts Limited's (SGX:G50) P/E ratio to inform your assessment of the investment opportunity. … Grand Banks Yachts has a price to earnings ratio of 6.66, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Do You Know About Grand Banks Yachts Limited’s (SGX:G50) ROCE?
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Finally, we'll look at how its current liabilities affect its ROCE. … Understanding Return On Capital Employed (ROCE).
What Type Of Shareholder Owns Grand Banks Yachts Limited's (SGX:G50)?
A look at the shareholders of Grand Banks Yachts Limited (SGX:G50) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … With a market capitalization of S$55m, Grand Banks Yachts is a small cap stock, so it might not be well known by many institutional investors.
Should We Be Delighted With Grand Banks Yachts Limited's (SGX:G50) ROE Of 16%?
Our data shows Grand Banks Yachts has a return on equity of 16% for the last year. … One way to conceptualize this, is that for each SGD1 of shareholders' equity it has, the company made SGD0.16 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Grand Banks Yachts Limited (SGX:G50): Time For A Financial Health Check
While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes. … Here are few basic financial health checks you should consider before taking the plunge.
Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in the United States, Australia, and Asia. The company offers its yachts primarily under the Grand Banks and Palm Beach brand names. It also engages in the sales of new and previously-owned yachts, as well as brokerage activities. Grand Banks Yachts Limited was founded in 1956 and is headquartered in Singapore.
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.