Grindrod Limited, together with its subsidiaries, engages in freight and logistics, and financial services business in South Africa and internationally.
No risks detected for GND from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||R5.36|
|52 Week High||R3.35|
|52 Week Low||R5.70|
|1 Month Change||12.84%|
|3 Month Change||10.29%|
|1 Year Change||26.12%|
|3 Year Change||-24.51%|
|5 Year Change||-53.83%|
|Change since IPO||435.99%|
Recent News & Updates
|GND||ZA Infrastructure||ZA Market|
Return vs Industry: GND underperformed the ZA Infrastructure industry which returned 28.6% over the past year.
Return vs Market: GND exceeded the ZA Market which returned 21.2% over the past year.
Stable Share Price: GND is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GND's weekly volatility (5%) has been stable over the past year.
About the Company
Grindrod Limited, together with its subsidiaries, engages in freight and logistics, and financial services business in South Africa and internationally. It engages in the road transportation of motor vehicles, petroleum products, liquid petroleum gas, and dry bulk commodities; cross dock and warehousing, containerized cargo by rail and road, and containerization of bulk commodities; sale and leasing of new and used containers; and provision of depot services, as well as clearing and forwarding, and cross border facilitation services. The company also provides sea freight logistics services; ships agency, technical, maritime, marine and industrial engineering, cross border and project logistics, and container services; freight forwarding, customs brokerage, and related logistics services; and rail services, including consultancy, stock leasing and finance, and managing services.
Grindrod Fundamentals Summary
|GND fundamental statistics|
Is GND overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GND income statement (TTM)|
|Cost of Revenue||R2.13b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.89|
|Net Profit Margin||-15.60%|
How did GND perform over the long term?See historical performance and comparison
Is Grindrod 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 GND's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GND's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GND is unprofitable, so we can't compare its PE Ratio to the African Infrastructure industry average.
PE vs Market: GND 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 GND's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GND is good value based on its PB Ratio (0.5x) compared to the XF Infrastructure industry average (2.6x).
How is Grindrod forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation 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 Grindrod 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 Grindrod performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GND is currently unprofitable.
Growing Profit Margin: GND is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GND is unprofitable, but has reduced losses over the past 5 years at a rate of 0.2% per year.
Accelerating Growth: Unable to compare GND's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GND is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (0.2%).
Return on Equity
High ROE: GND has a negative Return on Equity (-7.43%), as it is currently unprofitable.
How is Grindrod's financial position?
Financial Position Analysis
Short Term Liabilities: GND's short term assets (ZAR12.1B) do not cover its short term liabilities (ZAR15.5B).
Long Term Liabilities: GND's short term assets (ZAR12.1B) exceed its long term liabilities (ZAR2.3B).
Debt to Equity History and Analysis
Debt Level: GND's debt to equity ratio (47.1%) is considered high.
Reducing Debt: GND's debt to equity ratio has increased from 22.8% to 47.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GND has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GND has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 40.1% each year
What is Grindrod current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GND'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 GND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GND's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GND is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GND'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 management tenure
Andrew Waller (58 yo)
Mr. Andrew Geard Waller, CA (SA), serves as Group Chief Executive Officer at Grindrod Ltd. since September 1, 2018 and has been its Executive Director since March 1, 2011. Mr. Waller had been Chief Financi...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD753.50K) is above average for companies of similar size in the ZA market ($USD508.41K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
Experienced Management: GND's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: GND's board of directors are considered experienced (4.8 years average tenure).
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.
Grindrod Limited's employee growth, exchange listings and data sources
- Name: Grindrod Limited
- Ticker: GND
- Exchange: JSE
- Founded: 1910
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: R3.601b
- Shares outstanding: 671.75m
- Website: https://www.grindrod.com
Number of Employees
- Grindrod Limited
- Grindrod Mews
- 106 Margaret Mncadi Avenue
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 22:37|
|End of Day Share Price||2021/10/15 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.