Grand Parade Investments Limited is a private equity and venture capital firm specializing in incubation, PIPE's, industry consolidation, recapitalizations, buyouts, and growth capital investments.
Price History & Performance
|Historical stock prices|
|Current Share Price||R3.39|
|52 Week High||R2.00|
|52 Week Low||R3.39|
|1 Month Change||14.92%|
|3 Month Change||17.30%|
|1 Year Change||64.56%|
|3 Year Change||57.67%|
|5 Year Change||-10.32%|
|Change since IPO||-24.67%|
Recent News & Updates
Here's Why Grand Parade Investments (JSE:GPL) Can Afford Some Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|GPL||ZA Hospitality||ZA Market|
Return vs Industry: GPL underperformed the ZA Hospitality industry which returned 100.8% over the past year.
Return vs Market: GPL exceeded the ZA Market which returned 20.7% over the past year.
Stable Share Price: GPL is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GPL's weekly volatility (5%) has been stable over the past year.
About the Company
Grand Parade Investments Limited is a private equity and venture capital firm specializing in incubation, PIPE's, industry consolidation, recapitalizations, buyouts, and growth capital investments. It considers investments in seed and startup, middle market, mature, turnaround, and emerging growth stages. The firm typically invests in leisure, tourism, and gaming sectors and also considers investments in property, retail, food, manufacturing, real estate and entertainment.
Grand Parade Investments Fundamentals Summary
|GPL fundamental statistics|
Is GPL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GPL income statement (TTM)|
|Cost of Revenue||R934.43m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.067|
|Net Profit Margin||-1.73%|
How did GPL perform over the long term?See historical performance and comparison
Is Grand Parade Investments 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 GPL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GPL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GPL is unprofitable, so we can't compare its PE Ratio to the African Hospitality industry average.
PE vs Market: GPL is unprofitable, so we can't compare its PE Ratio to the ZA market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GPL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GPL is good value based on its PB Ratio (0.9x) compared to the ZA Hospitality industry average (2.7x).
How is Grand Parade Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Grand Parade Investments has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Grand Parade Investments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GPL is currently unprofitable.
Growing Profit Margin: GPL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GPL is unprofitable, and losses have increased over the past 5 years at a rate of 65% per year.
Accelerating Growth: Unable to compare GPL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GPL is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (23.9%).
Return on Equity
High ROE: GPL has a negative Return on Equity (-1.83%), as it is currently unprofitable.
How is Grand Parade Investments's financial position?
Financial Position Analysis
Short Term Liabilities: GPL's short term assets (ZAR331.1M) do not cover its short term liabilities (ZAR401.7M).
Long Term Liabilities: GPL's short term assets (ZAR331.1M) do not cover its long term liabilities (ZAR521.9M).
Debt to Equity History and Analysis
Debt Level: GPL's debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: GPL's debt to equity ratio has reduced from 25.2% to 19.9% over the past 5 years.
Debt Coverage: GPL's debt is well covered by operating cash flow (22.7%).
Interest Coverage: Insufficient data to determine if GPL's interest payments on its debt are well covered by EBIT.
What is Grand Parade Investments's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GPL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GPL'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 GPL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GPL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GPL is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GPL's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mohsin Tajbhai (41 yo)
Mr. Mohsin Tajbhai serves as Chief Executive Officer at Grand Parade Investments Limited since July 01, 2019 and serves as Executive Director since November 28, 2018. He had been Acting Chief Executive Off...
CEO Compensation Analysis
Compensation vs Market: Mohsin's total compensation ($USD280.49K) is about average for companies of similar size in the ZA market ($USD278.96K).
Compensation vs Earnings: Mohsin's compensation has increased whilst the company is unprofitable.
Experienced Board: GPL's board of directors are not considered experienced ( 2.1 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Grand Parade Investments Limited's employee growth, exchange listings and data sources
- Name: Grand Parade Investments Limited
- Ticker: GPL
- Exchange: JSE
- Founded: 1997
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: R1.457b
- Shares outstanding: 429.72m
- Website: https://www.grandparade.co.za
Number of Employees
- Grand Parade Investments Limited
- 33 Heerengracht Street
- Cape Town
- Western Cape
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:44|
|End of Day Share Price||2021/10/19 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.