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Grindrod Shipping Holdings NasdaqGS:GRIN Stock Report

Last Price

US$13.75

Market Cap

US$270.7m

7D

1.0%

1Y

20.5%

Updated

18 Apr, 2024

Data

Company Financials +

Grindrod Shipping Holdings Ltd.

NasdaqGS:GRIN Stock Report

Market Cap: US$270.7m

GRIN Stock Overview

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide.

GRIN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for GRIN from our risk checks.

Grindrod Shipping Holdings Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Grindrod Shipping Holdings
Historical stock prices
Current Share PriceUS$13.75
52 Week HighUS$14.90
52 Week LowUS$6.80
Beta0.73
1 Month Change25.92%
3 Month Change52.10%
1 Year Change20.51%
3 Year Change82.85%
5 Year Change166.99%
Change since IPO-19.12%

Recent News & Updates

Grindrod Shipping: Minority Shareholder Buyout Proposal Might Not Pass

Apr 06

Grindrod Shipping: Favorable Outlook, M&A Completion, And Very Cheap

Jan 14

Recent updates

Grindrod Shipping: Minority Shareholder Buyout Proposal Might Not Pass

Apr 06

Grindrod Shipping: Favorable Outlook, M&A Completion, And Very Cheap

Jan 14

Grindrod Shipping goes ex-dividend tomorrow

Sep 07

Grindrod Shipping hits 12-week high on $365.9M acquisition offer from Taylor Maritime

Aug 29

Grindrod Shipping Q2 2022 Earnings Preview

Aug 16

Is There Now An Opportunity In Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN)?

Aug 12
Is There Now An Opportunity In Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN)?

Grindrod Shipping Looks Fundamentally And Technically Oversold

Jul 13

The Trend Of High Returns At Grindrod Shipping Holdings (NASDAQ:GRIN) Has Us Very Interested

Jul 06
The Trend Of High Returns At Grindrod Shipping Holdings (NASDAQ:GRIN) Has Us Very Interested

These 4 Measures Indicate That Grindrod Shipping Holdings (NASDAQ:GRIN) Is Using Debt Reasonably Well

Jun 10
These 4 Measures Indicate That Grindrod Shipping Holdings (NASDAQ:GRIN) Is Using Debt Reasonably Well

Grindrod Shipping: A High Performer With Little Downside

May 17

Grindrod Shipping: A New Era Putting An End To Years Of Struggling

Apr 15

Investors Should Be Encouraged By Grindrod Shipping Holdings' (NASDAQ:GRIN) Returns On Capital

Mar 15
Investors Should Be Encouraged By Grindrod Shipping Holdings' (NASDAQ:GRIN) Returns On Capital

Grindrod Shipping Is Still Worth Investing: About 35% Upside Potential

Mar 04

These 4 Measures Indicate That Grindrod Shipping Holdings (NASDAQ:GRIN) Is Using Debt Reasonably Well

Feb 12
These 4 Measures Indicate That Grindrod Shipping Holdings (NASDAQ:GRIN) Is Using Debt Reasonably Well

Grindrod Shipping: Market Conditions Still Strong, The Dip Is Worth Buying

Jan 28

We Think Grindrod Shipping Holdings' (NASDAQ:GRIN) Robust Earnings Are Conservative

Nov 24
We Think Grindrod Shipping Holdings' (NASDAQ:GRIN) Robust Earnings Are Conservative

Grindrod Shipping: Shifting To Longer-Term Value Play

Nov 02

Grindrod Shipping: Some Upside Potential, But Not Enough To Justify A Core Holding

Oct 07

Grindrod Shipping: The New Dip Is Even More Attractive

Sep 23

Grindrod Shipping: The Recent 10% Dip Should Be Bought

Sep 02

Does Grindrod Shipping Holdings (NASDAQ:GRIN) Have A Healthy Balance Sheet?

Aug 29
Does Grindrod Shipping Holdings (NASDAQ:GRIN) Have A Healthy Balance Sheet?

Is Grindrod Shipping Holdings (NASDAQ:GRIN) Weighed On By Its Debt Load?

Mar 21
Is Grindrod Shipping Holdings (NASDAQ:GRIN) Weighed On By Its Debt Load?

What Kind Of Shareholders Own Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN)?

Feb 14
What Kind Of Shareholders Own Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN)?

Grindrod Shipping Holdings' (NASDAQ:GRIN) Shareholders Are Down 47% On Their Shares

Dec 14
Grindrod Shipping Holdings' (NASDAQ:GRIN) Shareholders Are Down 47% On Their Shares

Grindrod Shipping extends charter-in period of IVS Pinehurst

Dec 03

Shareholder Returns

GRINUS ShippingUS Market
7D1.0%-3.4%-3.7%
1Y20.5%19.7%20.2%

Return vs Industry: GRIN matched the US Shipping industry which returned 20.1% over the past year.

Return vs Market: GRIN matched the US Market which returned 20.5% over the past year.

Price Volatility

Is GRIN's price volatile compared to industry and market?
GRIN volatility
GRIN Average Weekly Movement9.7%
Shipping Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: GRIN's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19101,015Ed Butterywww.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

How do Grindrod Shipping Holdings's earnings and revenue compare to its market cap?
GRIN fundamental statistics
Market capUS$270.68m
Earnings (TTM)-US$9.62m
Revenue (TTM)US$387.10m

0.7x

P/S Ratio

-28.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRIN income statement (TTM)
RevenueUS$387.10m
Cost of RevenueUS$292.56m
Gross ProfitUS$94.53m
Other ExpensesUS$104.16m
Earnings-US$9.62m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin24.42%
Net Profit Margin-2.49%
Debt/Equity Ratio57.8%

How did GRIN perform over the long term?

See historical performance and comparison
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