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GRIN Stock Overview
An international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Risk Analysis
No risks detected for GRIN from our risk checks.
Community vs My Fair Value
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Grindrod Shipping Holdings Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.20 |
| 52 Week High | US$14.90 |
| 52 Week Low | US$7.35 |
| Beta | 0.61 |
| 1 Month Change | 1.14% |
| 3 Month Change | 3.27% |
| 1 Year Change | 67.26% |
| 3 Year Change | 17.16% |
| 5 Year Change | 158.18% |
| Change since IPO | -16.47% |
Recent News & Updates
Grindrod Shipping: Major Shareholder's Takeover Attempt Successful, Stock Will Likely Delist Soon
Jul 01Grindrod Shipping: Minority Shareholder Buyout Proposal Might Not Pass
Apr 06Recent updates
Grindrod Shipping: Major Shareholder's Takeover Attempt Successful, Stock Will Likely Delist Soon
Jul 01Grindrod Shipping: Minority Shareholder Buyout Proposal Might Not Pass
Apr 06Grindrod Shipping: Favorable Outlook, M&A Completion, And Very Cheap
Jan 14Grindrod Shipping goes ex-dividend tomorrow
Sep 07Grindrod Shipping hits 12-week high on $365.9M acquisition offer from Taylor Maritime
Aug 29Grindrod Shipping Q2 2022 Earnings Preview
Aug 16Grindrod Shipping Looks Fundamentally And Technically Oversold
Jul 13Grindrod Shipping: A High Performer With Little Downside
May 17Grindrod Shipping: A New Era Putting An End To Years Of Struggling
Apr 15Grindrod Shipping Is Still Worth Investing: About 35% Upside Potential
Mar 04Grindrod Shipping: Market Conditions Still Strong, The Dip Is Worth Buying
Jan 28Grindrod Shipping: Shifting To Longer-Term Value Play
Nov 02Grindrod Shipping: Some Upside Potential, But Not Enough To Justify A Core Holding
Oct 07Grindrod Shipping: The New Dip Is Even More Attractive
Sep 23Grindrod Shipping: The Recent 10% Dip Should Be Bought
Sep 02Shareholder Returns
| GRIN | US Shipping | US Market | |
|---|---|---|---|
| 7D | 0.07% | -1.5% | -1.1% |
| 1Y | 67.3% | -19.6% | 9.1% |
Return vs Industry: GRIN exceeded the US Shipping industry which returned 37.4% over the past year.
Return vs Market: GRIN exceeded the US Market which returned 24.9% over the past year.
Price Volatility
| GRIN volatility | |
|---|---|
| GRIN Average Weekly Movement | 1.2% |
| Shipping Industry Average Movement | 7.2% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 4.1% |
Stable Share Price: GRIN has not had significant price volatility in the past 3 months.
Volatility Over Time: GRIN's weekly volatility has decreased from 9% to 1% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1910 | 1,015 | Ed Buttery | www.grinshipping.com |
Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.
Grindrod Shipping Holdings Ltd. Fundamentals Summary
| GRIN fundamental statistics | |
|---|---|
| Market cap | US$5.10b |
| Earnings (TTM) | -US$9.62m |
| Revenue (TTM) | US$387.10m |
Is GRIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRIN income statement (TTM) | |
|---|---|
| Revenue | US$387.10m |
| Cost of Revenue | US$292.56m |
| Gross Profit | US$94.53m |
| Other Expenses | US$104.16m |
| Earnings | -US$9.62m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.49 |
| Gross Margin | 24.42% |
| Net Profit Margin | -2.49% |
| Debt/Equity Ratio | 57.8% |
How did GRIN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/17 11:05 |
| End of Day Share Price | 2024/08/15 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Grindrod Shipping Holdings Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Mpho Mokotso | Avior Capital Markets |
| Randall Giveans | Jefferies LLC |