Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide.
Overvalued with worrying balance sheet.
Share Price & News
How has Grindrod Shipping Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GRIN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GRIN underperformed the US Shipping industry which returned -23.4% over the past year.
Return vs Market: GRIN underperformed the US Market which returned 18.7% over the past year.
Price Volatility Vs. Market
How volatile is Grindrod Shipping Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StRead This Before Selling Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) Shares
3 months ago | Simply Wall StAnalysts Have Just Cut Their Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) Revenue Estimates By 16%
4 months ago | Simply Wall StSuch Is Life: How Grindrod Shipping Holdings (NASDAQ:GRIN) Shareholders Saw Their Shares Drop 57%
Is Grindrod Shipping Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GRIN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GRIN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GRIN is unprofitable, so we can't compare its PE Ratio to the US Shipping industry average.
PE vs Market: GRIN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GRIN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GRIN is good value based on its PB Ratio (0.3x) compared to the US Shipping industry average (0.4x).
How is Grindrod Shipping Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GRIN's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if GRIN's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GRIN's revenue (5.2% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: GRIN's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GRIN's Return on Equity is forecast to be high in 3 years time
How has Grindrod Shipping Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRIN is currently unprofitable.
Growing Profit Margin: GRIN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GRIN is unprofitable, but has reduced losses over the past 5 years at a rate of 27.5% per year.
Accelerating Growth: Unable to compare GRIN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GRIN is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-54.6%).
Return on Equity
High ROE: GRIN has a negative Return on Equity (-17.26%), as it is currently unprofitable.
How is Grindrod Shipping Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: GRIN's short term assets ($91.5M) exceed its short term liabilities ($86.8M).
Long Term Liabilities: GRIN's short term assets ($91.5M) do not cover its long term liabilities ($180.3M).
Debt to Equity History and Analysis
Debt Level: GRIN's debt to equity ratio (65.6%) is considered high.
Reducing Debt: Insufficient data to determine if GRIN's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
Stable Cash Runway: GRIN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GRIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 80.9% each year
What is Grindrod Shipping Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GRIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GRIN'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 GRIN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GRIN's dividend payments have been increasing.
Current Payout to Shareholders
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GRIN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Martyn Richard Wade (60 yo)
Mr. Martyn Richard Wade is the Chief Executive Officer and Director at Grindrod Shipping Holdings Ltd. He has served as a member of board of directors at Grindrod Ltd. since November 15, 2017. Mr. Wade ser ...
|CEO & Director||no data||no data||0.75% |
|CFO & Director||2.75yrs||no data||0.39% |
|Independent Director||2.75yrs||no data||no data|
|Director||2.17yrs||no data||no data|
|Independent Chairman||0.083yr||no data||0.0088% |
|Independent Director||2.75yrs||no data||no data|
|Alternate Director||0.42yr||no data||no data|
Experienced Board: GRIN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GRIN 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.
Grindrod Shipping Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Grindrod Shipping Holdings Ltd.
- Ticker: GRIN
- Exchange: NasdaqGS
- Founded: 1910
- Industry: Marine
- Sector: Transportation
- Market Cap: US$66.904m
- Shares outstanding: 19.01m
- Website: https://www.grinshipping.com
Number of Employees
- Grindrod Shipping Holdings Ltd.
- No. 03-01 Southpoint
- 200 Cantonment Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GRIN||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Jun 2018|
|GSH||JSE (The Johannesburg Securities Exchange)||Yes||Common Shares||ZA||ZAR||Jun 2018|
Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 25 owned dry bulk carriers and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 12:51|
|End of Day Share Price||2020/08/13 00:00|