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Grindrod Shipping Holdings Ltd. (GRIN)

Stock Price: $4.03 USD 0.02 (0.50%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 76.60M
Revenue (ttm) 331.05M
Net Income (ttm) -43.49M
Shares Out 19.01M
EPS (ttm) -1.85
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 23, 2020
Last Price $4.03
Previous Close $4.01
Change ($) 0.02
Change (%) 0.50%
Day's Open 4.05
Day's Range 4.00 - 4.17
Day's Volume 8,288
52-Week Range 2.03 - 7.97

More Stats

Market Cap 76.60M
Enterprise Value 263.20M
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 19.01M
Float 16.91M
EPS (basic) -2.29
EPS (diluted) -1.85
FCF / Share -2.39
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 2,224
Short Ratio 0.09
Short % of Float 0.01%
Beta 0.97
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 0.23
PB Ratio 0.33
Revenue 331.05M
Operating Income -30.75M
Net Income -43.49M
Free Cash Flow -45.64M
Net Cash -186.60M
Net Cash / Share -9.82
Gross Margin 20.70%
Operating Margin -9.29%
Profit Margin -13.10%
FCF Margin -13.79%
ROA -0.49%
ROE -13.33%
ROIC -5.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 2
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

(51.12% upside)
Current: $4.03
Target: 6.09
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth3.77%-22.1%10.23%-14.48%-
Gross Profit21.2212.2438.4833.6626.86
Operating Income-30.75-13.34-28.89-8.89-66.50
Net Income-43.49-20.64-60.81-43.71-90.35
Shares Outstanding19.0619.0619.06--
Earnings Per Share-2.29-1.08-3.19-2.29-
Operating Cash Flow-45.55-31.1911.40-21.26110
Capital Expenditures-0.09-0.30-1.19-0.67-2.33
Free Cash Flow-45.64-31.4910.21-21.93107
Cash & Equivalents36.5959.4464.7067.7378.12
Total Debt223114113150102
Net Cash / Debt-187-55.02-48.08-82.07-23.87
Book Value252293320363399
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Grindrod Shipping Holdings Ltd.
Country Singapore
Employees 699
CEO Martyn Richard Wade

Stock Information

Ticker Symbol GRIN
Stock Exchange NASDAQ
Sector Industrials
Industry Marine Shipping
Unique Identifier NASDAQ: GRIN
IPO Date June 18, 2018


Grindrod Shipping Holdings, 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 six -term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates a fleet of five owned tankers and two long-term chartered-in tankers, which carry petroleum products, petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. Grindrod Shipping Holdings Ltd. was founded in 1910 and is based in Singapore.