Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in the United States, Australia, and Europe.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.30|
|52 Week High||S$0.17|
|52 Week Low||S$0.35|
|1 Month Change||0%|
|3 Month Change||10.91%|
|1 Year Change||58.03%|
|3 Year Change||1.67%|
|5 Year Change||27.08%|
|Change since IPO||-69.22%|
Recent News & Updates
|G50||SG Machinery||SG Market|
Return vs Industry: G50 exceeded the SG Machinery industry which returned 14.8% over the past year.
Return vs Market: G50 exceeded the SG Market which returned 22.2% over the past year.
Stable Share Price: G50 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: G50's weekly volatility has decreased from 14% to 7% over the past year.
About the Company
|1956||736||Mark Jonathon Richards||https://www.grandbanks.com|
Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in the United States, Australia, and Europe. The company offers its yachts primarily under the Grand Banks and Palm Beach brand names. It also engages in the sale of new and previously-owned yachts, as well as boat brokerage activities.
Grand Banks Yachts Fundamentals Summary
|G50 fundamental statistics|
Is G50 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|G50 income statement (TTM)|
|Cost of Revenue||S$75.39m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.023|
|Net Profit Margin||4.40%|
How did G50 perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Does G50 pay a reliable dividends?See G50 dividend history and benchmarks
|Grand Banks Yachts dividend dates|
|Ex Dividend Date||Nov 09 2021|
|Dividend Pay Date||Nov 18 2021|
|Days until Ex dividend||17 days|
|Days until Dividend pay date||26 days|
Does G50 pay a reliable dividends?See G50 dividend history and benchmarks
Is Grand Banks Yachts undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: G50 (SGD0.31) is trading below our estimate of fair value (SGD21.24)
Significantly Below Fair Value: G50 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: G50 is poor value based on its PE Ratio (13.3x) compared to the SG Machinery industry average (12.7x).
PE vs Market: G50 is good value based on its PE Ratio (13.3x) compared to the SG market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate G50's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: G50 is overvalued based on its PB Ratio (0.9x) compared to the SG Machinery industry average (0.8x).
How is Grand Banks Yachts forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Grand Banks Yachts has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Grand Banks Yachts performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: G50 has high quality earnings.
Growing Profit Margin: G50's current net profit margins (4.4%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: G50's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: G50's earnings growth over the past year (300.6%) exceeds its 5-year average (8.8% per year).
Earnings vs Industry: G50 earnings growth over the past year (300.6%) exceeded the Machinery industry 39.4%.
Return on Equity
High ROE: G50's Return on Equity (6.9%) is considered low.
How is Grand Banks Yachts's financial position?
Financial Position Analysis
Short Term Liabilities: G50's short term assets (SGD64.7M) exceed its short term liabilities (SGD43.1M).
Long Term Liabilities: G50's short term assets (SGD64.7M) exceed its long term liabilities (SGD3.7M).
Debt to Equity History and Analysis
Debt Level: G50's debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: G50's debt to equity ratio has reduced from 7.9% to 7.6% over the past 5 years.
Debt Coverage: G50's debt is well covered by operating cash flow (914.1%).
Interest Coverage: G50's interest payments on its debt are well covered by EBIT (31.2x coverage).
What is Grand Banks Yachts's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: G50's dividend (1.64%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.94%).
High Dividend: G50's dividend (1.64%) is low compared to the top 25% of dividend payers in the SG market (5.22%).
Stability and Growth of Payments
Stable Dividend: G50 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: G50 has only been paying a dividend for 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.8%), G50's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Jonathon Richards (55 yo)
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...
CEO Compensation Analysis
Compensation vs Market: Mark Jonathon's total compensation ($USD739.02K) is above average for companies of similar size in the SG market ($USD397.69K).
Compensation vs Earnings: Mark Jonathon's compensation has been consistent with company performance over the past year.
Experienced Management: G50's management team is seasoned and experienced (6 years average tenure).
Experienced Board: G50's board of directors are considered experienced (7.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Grand Banks Yachts Limited's employee growth, exchange listings and data sources
- Name: Grand Banks Yachts Limited
- Ticker: G50
- Exchange: SGX
- Founded: 1956
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: S$56.314m
- Shares outstanding: 184.63m
- Website: https://www.grandbanks.com
Number of Employees
- Grand Banks Yachts Limited
- Wcega Tower
- No. 06-74, 21 Bukit Batok Crescent
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:32|
|End of Day Share Price||2021/10/22 00:00|
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.