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GRCL

GrainCorp OTCPK:GRCL.F Stock Report

Last Price

AU$7.30

Market Cap

AU$1.7b

7D

-3.8%

1Y

80.6%

Updated

10 May, 2022

Data

Company Financials +
GRCL.F fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

GRCL.F Stock Overview

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally.

GrainCorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GrainCorp
Historical stock prices
Current Share PriceAU$7.30
52 Week HighAU$7.65
52 Week LowAU$3.65
Beta1.16
1 Month Change10.53%
3 Month Change20.98%
1 Year Change80.57%
3 Year Change42.76%
5 Year Change-1.09%
Change since IPO-32.77%

Recent News & Updates

Shareholder Returns

GRCL.FUS Consumer RetailingUS Market
7D-3.8%-2.9%-5.6%
1Y80.6%12.3%-11.2%

Return vs Industry: GRCL.F exceeded the US Consumer Retailing industry which returned 11.4% over the past year.

Return vs Market: GRCL.F exceeded the US Market which returned -11.6% over the past year.

Price Volatility

Is GRCL.F's price volatile compared to industry and market?
GRCL.F volatility
GRCL.F Average Weekly Movement9.7%
Consumer Retailing Industry Average Movement6.6%
Market Average Movement7.7%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market2.8%

Stable Share Price: GRCL.F is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: GRCL.F's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19162,380Robert Spurwayhttps://www.graincorp.com.au

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles, markets, and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, canola, and specialty commodities; handles, processes, stores, and transports grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.

GrainCorp Fundamentals Summary

How do GrainCorp's earnings and revenue compare to its market cap?
GRCL.F fundamental statistics
Market CapAU$2.41b
Earnings (TTM)AU$139.30m
Revenue (TTM)AU$5.49b

17.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GRCL.F income statement (TTM)
RevenueAU$5.49b
Cost of RevenueAU$4.70b
Gross ProfitAU$790.40m
Other ExpensesAU$651.10m
EarningsAU$139.30m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

May 11, 2022

Earnings per share (EPS)0.61
Gross Margin14.39%
Net Profit Margin2.54%
Debt/Equity Ratio60.2%

How did GRCL.F perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is GrainCorp undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


17.31x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: GRCL.F ($7.3) is trading above our estimate of fair value ($7.08)

Significantly Below Fair Value: GRCL.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GRCL.F is good value based on its PE Ratio (17.3x) compared to the US Consumer Retailing industry average (19.1x).

PE vs Market: GRCL.F is poor value based on its PE Ratio (17.3x) compared to the US market (15.6x).


Price to Earnings Growth Ratio

PEG Ratio: GRCL.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: GRCL.F is overvalued based on its PB Ratio (2x) compared to the US Consumer Retailing industry average (1.9x).


Future Growth

How is GrainCorp forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-26.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GRCL.F's earnings are forecast to decline over the next 3 years (-26.5% per year).

Earnings vs Market: GRCL.F's earnings are forecast to decline over the next 3 years (-26.5% per year).

High Growth Earnings: GRCL.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GRCL.F's revenue is expected to decline over the next 3 years (-9% per year).

High Growth Revenue: GRCL.F's revenue is forecast to decline over the next 3 years (-9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GRCL.F's Return on Equity is forecast to be low in 3 years time (5.7%).


Past Performance

How has GrainCorp performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-25.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GRCL.F has high quality earnings.

Growing Profit Margin: GRCL.F's current net profit margins (2.5%) are higher than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: GRCL.F's earnings have declined by 25.1% per year over the past 5 years.

Accelerating Growth: GRCL.F's earnings growth over the past year (295.7%) exceeds its 5-year average (-25.1% per year).

Earnings vs Industry: GRCL.F earnings growth over the past year (295.7%) exceeded the Consumer Retailing industry 1.5%.


Return on Equity

High ROE: GRCL.F's Return on Equity (11.6%) is considered low.


Financial Health

How is GrainCorp's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GRCL.F's short term assets (A$1.5B) exceed its short term liabilities (A$1.1B).

Long Term Liabilities: GRCL.F's short term assets (A$1.5B) exceed its long term liabilities (A$383.7M).


Debt to Equity History and Analysis

Debt Level: GRCL.F's net debt to equity ratio (49.7%) is considered high.

Reducing Debt: GRCL.F's debt to equity ratio has reduced from 68.3% to 60.2% over the past 5 years.

Debt Coverage: GRCL.F's debt is well covered by operating cash flow (24.2%).

Interest Coverage: GRCL.F's interest payments on its debt are well covered by EBIT (14.5x coverage).


Balance Sheet


Dividend

What is GrainCorp current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.89%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GRCL.F's dividend (1.89%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: GRCL.F's dividend (1.89%) is low compared to the top 25% of dividend payers in the US market (4%).


Stability and Growth of Payments

Stable Dividend: GRCL.F's dividend payments have been volatile in the past 10 years.

Growing Dividend: GRCL.F's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.5%), GRCL.F's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.8%), GRCL.F's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Robert Spurway

2.17yrs

Tenure

AU$2,759,000

Compensation

Mr. Robert J. Spurway, B.E. (Chemical and Materials), serves as Chief Executive Officer and Managing Director at GrainCorp Limited since March 23, 2020 and also serves as it's Director. Mr. Spurway served...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD1.91M) is below average for companies of similar size in the US market ($USD5.44M).

Compensation vs Earnings: Robert's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: GRCL.F's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: GRCL.F's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GrainCorp Limited's employee growth, exchange listings and data sources


Key Information

  • Name: GrainCorp Limited
  • Ticker: GRCL.F
  • Exchange: OTCPK
  • Founded: 1916
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Implied Market Cap: AU$2.412b
  • Listing Market Cap: AU$1.671b
  • Shares outstanding: 228.39m
  • Website: https://www.graincorp.com.au

Number of Employees


Location

  • GrainCorp Limited
  • 175 Liverpool Street
  • Level 28
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/10 00:00
End of Day Share Price2022/05/10 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.