Grindrod Shipping Statistics

Total Valuation

GRIN has a market cap or net worth of $278.16 million. The enterprise value is $394.85 million.

Market Cap	278.16M
Enterprise Value	394.85M

Important Dates

The next estimated earnings date is Tuesday, September 3, 2024, after market close.

Earnings Date	Sep 3, 2024
Ex-Dividend Date	Oct 19, 2023

Share Statistics

GRIN has 19.69 million shares outstanding.

Shares Outstanding	19.69M
Owned by Insiders (%)	100.00%
Owned by Institutions (%)	0.98%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	23.53
PS Ratio	0.72
Forward PS	1.50
PB Ratio	1.13
P/FCF Ratio	1.80
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.00, with an EV/FCF ratio of 2.56.

EV / Earnings	n/a
EV / Sales	1.02
EV / EBITDA	6.00
EV / EBIT	48.39
EV / FCF	2.56

Financial Position

The company has a current ratio of 1.13, with a Debt / Equity ratio of 0.72.

Current Ratio	1.13
Quick Ratio	0.76
Debt / Equity	0.72
Debt / EBITDA	2.67
Debt / FCF	1.14
Interest Coverage	0.48

Financial Efficiency

Return on equity (ROE) is -3.50%.

Return on Equity (ROE)	-3.50%
Return on Assets (ROA)	-2.00%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$381,375
Profits Per Employee	-$9,480
Employee Count	1,015
Asset Turnover	0.79
Inventory Turnover	26.71

Taxes

In the past 12 months, GRIN has paid $683,000 in taxes.

Income Tax	683,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +63.31% in the last 52 weeks. The beta is 0.61, so GRIN's price volatility has been lower than the market average.

Beta (5Y)	0.61
52-Week Price Change	+63.31%
50-Day Moving Average	13.79
200-Day Moving Average	11.00
Relative Strength Index (RSI)	67.72
Average Volume (20 Days)	23,192

Short Selling Information

Short Interest	18,248
Short Previous Month	17,629
Short % of Shares Out	0.53%
Short % of Float	n/a
Short Ratio (days to cover)	1.32

Income Statement

In the last 12 months, GRIN had revenue of $387.10 million and -$9.62 million in losses. Loss per share was -$0.49.

Revenue	387.10M
Gross Profit	39.37M
Operating Income	5.36M
Pretax Income	-8.94M
Net Income	-9.62M
EBITDA	65.81M
EBIT	8.16M
Loss Per Share	-$0.49

Full Income Statement

Balance Sheet

The company has $59.33 million in cash and $176.02 million in debt, giving a net cash position of -$116.69 million or -$5.93 per share.

Cash & Cash Equivalents	59.33M
Total Debt	176.02M
Net Cash	-116.69M
Net Cash Per Share	-$5.93
Equity (Book Value)	246.12M
Book Value Per Share	12.50
Working Capital	11.45M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $155.12 million and capital expenditures -$636,000, giving a free cash flow of $154.49 million.

Operating Cash Flow	155.12M
Capital Expenditures	-636,000
Free Cash Flow	154.49M
FCF Per Share	$7.93

Full Cash Flow Statement

Margins

Gross margin is 10.17%, with operating and profit margins of 1.39% and -2.49%.

Gross Margin	10.17%
Operating Margin	1.39%
Pretax Margin	-2.31%
Profit Margin	-2.49%
EBITDA Margin	17.00%
EBIT Margin	2.11%
FCF Margin	39.91%

Dividends & Yields

This stock pays an annual dividend of $2.66, which amounts to a dividend yield of 18.88%.

Dividend Per Share	$2.66
Dividend Yield	18.88%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-2.50%
Shareholder Yield	16.38%
Earnings Yield	-3.46%
FCF Yield	55.54%

Dividend Details

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	Hold
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

GRIN has an Altman Z-Score of 1.65 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.65
Piotroski F-Score	4