Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in Malaysia, Australia, the United States, and internationally.
Adequate balance sheet with questionable track record.
Share Price & News
How has Grand Banks Yachts's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: G50's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: G50 underperformed the SG Machinery industry which returned -29.5% over the past year.
Return vs Market: G50 underperformed the SG Market which returned -19.1% over the past year.
Price Volatility Vs. Market
How volatile is Grand Banks Yachts's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Does Grand Banks Yachts's (SGX:G50) P/E Compare To Its Industry, After The Share Price Drop?
2 months ago | Simply Wall StIs Grand Banks Yachts Limited’s (SGX:G50) Return On Capital Employed Any Good?
3 months ago | Simply Wall StDoes Grand Banks Yachts Limited's (SGX:G50) CEO Pay Reflect Performance?
Is Grand Banks Yachts undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate G50's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate G50's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: G50 is poor value based on its PE Ratio (14x) compared to the Machinery industry average (9.2x).
PE vs Market: G50 is poor value based on its PE Ratio (14x) compared to the SG market (11.4x).
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 (0.6x) compared to the SG Machinery industry average (0.5x).
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.
- Examine Grand Banks Yachts's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Grand Banks Yachts competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
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 (2.7%) are lower than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: G50's earnings have grown significantly by 54.9% per year over the past 5 years.
Accelerating Growth: G50's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: G50 had negative earnings growth (-70.5%) over the past year, making it difficult to compare to the Machinery industry average (10.6%).
Return on Equity
High ROE: G50's Return on Equity (4%) is considered low.
How is Grand Banks Yachts's financial position?
Financial Position Analysis
Short Term Liabilities: G50's short term assets (SGD53.2M) exceed its short term liabilities (SGD34.1M).
Long Term Liabilities: G50's short term assets (SGD53.2M) exceed its long term liabilities (SGD7.0M).
Debt to Equity History and Analysis
Debt Level: G50's debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: G50's debt to equity ratio has increased from 0% to 28.6% over the past 5 years.
Debt Coverage: G50's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: G50's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Grand Banks Yachts's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate G50's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate G50's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if G50's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if G50's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: G50 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of G50's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mark Jonathon Richards (53yo)
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 ($USD626.17K) is above average for companies of similar size in the SG market ($USD361.98K).
Compensation vs Earnings: Mark Jonathon's compensation has been consistent with company performance over the past year.
|Executive Director & CEO||5.83yrs||S$881.85k||5.97% SGD1.9m|
|Non-Executive & Independent Director||8.58yrs||S$69.50k||0.16% SGD53.1k|
|Independent Non-Executive Chairman of the Board||no data||S$76.00k||0.38% SGD123.5k|
|Non-Executive Non-Independent Director||7.33yrs||S$53.00k||0.11% SGD37.3k|
|Non-Executive Independent Director||4.67yrs||S$54.00k||0.15% SGD48.4k|
Experienced Board: G50's board of directors are considered experienced (6.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Grand Banks Yachts Limited's company bio, 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$32.496m
- Shares outstanding: 184.63m
- Website: https://www.grandbanks.com
Number of Employees
- Grand Banks Yachts Limited
- No. 03-16, 274 Upper Bukit Timah Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|G50||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jan 1992|
Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in Malaysia, Australia, the United States, and internationally. 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 Limited was founded in 1956 and is headquartered in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 12:50|
|End of Day Share Price||2020/05/28 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.