GRC Stock Overview
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems worldwide.
No risks detected for GRC from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$39.60|
|52 Week High||US$47.12|
|52 Week Low||US$30.35|
|1 Month Change||-8.38%|
|3 Month Change||-0.65%|
|1 Year Change||20.33%|
|3 Year Change||19.49%|
|5 Year Change||23.67%|
|Change since IPO||1,143.02%|
Recent News & Updates
The Gorman-Rupp Company: Fair Value For A Pump-Centric Enterprise
The Gorman-Rupp Company is a niche industrial products firm focused on the manufacture and sale of pumps. The business has achieved mixed financial results in recent years, but performance for 2021 is looking up. Even so, shares are likely in fair value territory and that means there are better prospects out there for investors to consider.
Investors Met With Slowing Returns on Capital At Gorman-Rupp (NYSE:GRC)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
|GRC||US Machinery||US Market|
Return vs Industry: GRC exceeded the US Machinery industry which returned 8.1% over the past year.
Return vs Market: GRC exceeded the US Market which returned 7.7% over the past year.
|GRC Average Weekly Movement||3.7%|
|Machinery Industry Average Movement||5.0%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: GRC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GRC's weekly volatility (4%) has been stable over the past year.
About the Company
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems worldwide. The company’s products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, military, and other liquid-handling applications, as well as in heating, ventilating, and air conditioning applications.
Gorman-Rupp Fundamentals Summary
|GRC fundamental statistics|
Is GRC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GRC income statement (TTM)|
|Cost of Revenue||US$271.82m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.15|
|Net Profit Margin||8.21%|
How did GRC perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is Gorman-Rupp 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: GRC ($39.6) is trading above our estimate of fair value ($36.03)
Significantly Below Fair Value: GRC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GRC is poor value based on its PE Ratio (34.4x) compared to the US Machinery industry average (28.3x).
PE vs Market: GRC is poor value based on its PE Ratio (34.4x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: GRC is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: GRC is overvalued based on its PB Ratio (3.1x) compared to the US Machinery industry average (2.7x).
How is Gorman-Rupp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GRC's forecast earnings growth (21.2% per year) is above the savings rate (2%).
Earnings vs Market: GRC's earnings (21.2% per year) are forecast to grow faster than the US market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GRC's revenue (8.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: GRC's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GRC's Return on Equity is forecast to be low in 3 years time (14%).
How has Gorman-Rupp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRC has high quality earnings.
Growing Profit Margin: GRC's current net profit margins (8.2%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: GRC's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: GRC's earnings growth over the past year (12.7%) exceeds its 5-year average (2.7% per year).
Earnings vs Industry: GRC earnings growth over the past year (12.7%) underperformed the Machinery industry 34.4%.
Return on Equity
High ROE: GRC's Return on Equity (9.1%) is considered low.
How is Gorman-Rupp's financial position?
Financial Position Analysis
Short Term Liabilities: GRC's short term assets ($278.5M) exceed its short term liabilities ($54.8M).
Long Term Liabilities: GRC's short term assets ($278.5M) exceed its long term liabilities ($37.6M).
Debt to Equity History and Analysis
Debt Level: GRC is debt free.
Reducing Debt: GRC had no debt 5 years ago.
Debt Coverage: GRC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRC has no debt, therefore coverage of interest payments is not a concern.
What is Gorman-Rupp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GRC's dividend (1.72%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: GRC's dividend (1.72%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: GRC's dividends per share have been stable in the past 10 years.
Growing Dividend: GRC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.8%), GRC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott King (46 yo)
Mr. Scott A. King has been the Chief Operating Officer of The Gorman-Rupp Company since April 25, 2019 and serves as its President since January 1, 2021 and has been its Chief Executive Officer since Janua...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD709.99K) is below average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Experienced Management: GRC's management team is considered experienced (4 years average tenure).
Experienced Board: GRC's board of directors are considered experienced (5.3 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.
The Gorman-Rupp Company's employee growth, exchange listings and data sources
- Name: The Gorman-Rupp Company
- Ticker: GRC
- Exchange: NYSE
- Founded: 1933
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$1.035b
- Shares outstanding: 26.13m
- Website: https://www.gormanrupp.com
Number of Employees
- The Gorman-Rupp Company
- 600 South Airport Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 23:53|
|End of Day Share Price||2022/01/20 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.