GRIN

Grindrod Shipping Holdings Ltd. [GRIN] Stock Forecast

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GRIN Stock Summary

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In the News

04:05 26 Mar 2023 GRIN

Grindrod Shipping Holdings Ltd. Announces Date For Unaudited Financial Results For The Fourth Quarter & The Year Ended December 31, 2022

SINGAPORE, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services in the drybulk sector, announced it will release earnings results for the fourth quarter and year ended December 31, 2022 on Wednesday, February 15, 2023, after market closing in New York.

12:33 26 Mar 2023 GRIN

Grindrod Shipping: Why Have Good, When You Can Have Great

Grindrod Shipping's business has remained highly profitable, and management is looking to pay out 30% of net income as dividends. A recent offer at a 17% premium has not been accepted, as investors see value greater than its current trading price.

12:46 26 Mar 2023 GRIN

Grindrod Shipping Is Cheap Compared To Other Dry Bulk Stocks

Due to the high inflation rates, COVID-19, and the continuing war in Ukraine, the global recession likely will continue hurting the demand for dry bulk commodities. However, the measures of the Chinese government and central bank should support iron ore demand.

03:51 26 Mar 2023 GRIN

Taylor Maritime Investments takes full ownership of Grindrod Shipping

Taylor Maritime Investments Limited (TMI) has agreed to buy Grindrod Shipping Holdings Limited for a total price of $506mln. The deal, facilitated through TMI's subsidiary, Good Falkirk, values each share in Grindrod at $26.

06:54 26 Mar 2023 GRIN

Why Grindrod Shipping Stock Blasted 17% Higher Today

A buyout proposal pops the shares on an otherwise unmemorable Monday for the market.

11:42 26 Mar 2023 GRIN

Why Is Grindrod Shipping (GRIN) Stock Up 15% Today?

Source: Avigator Fortuner / Shutterstock.com This morning, Grindrod Shipping (NASDAQ: GRIN ) disclosed that it is in “exclusive discussions” with Taylor Maritime Investments (OTCMKTS: TMILF ) regarding a potential buyout of Grindrod. This proposed acquisition hasn't been finalized.

02:41 26 Mar 2023 GRIN

Grindrod Shipping Holdings Ltd. (GRIN) CEO Stephen Griffiths on Q2 2022 Results - Earnings Call Transcript

Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN ) Q2 2022 Earnings Conference Call August 18, 2022 8:00 AM ET Company Participants Stephen Griffiths - Interim Chief Executive Officer & Chief Financial Officer Carl Ackerley - Chief Operating Officer Conference Call Participants Poe Fratt - Alliance Global Partners Francis Daniels - Anibok Investment Operator Thank you for standing by, ladies and gentlemen and welcome to Grindrod Shipping Holdings Limited Second Quarter 2022 Financial Results Call.

06:46 26 Mar 2023 GRIN

What's in Store for Grindrod Shipping (GRIN) in Q2 Earnings?

High fuel costs are likely to get reflected in Grindrod Shipping's (GRIN) Q2 results.

04:05 26 Mar 2023 GRIN

Grindrod Shipping Holdings Ltd. Announces Date for Its Second Quarter and First Half 2022 Financial Results Release

SINGAPORE, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services predominantly in the drybulk sector, announced it will release earnings results for the three months and six months ended June 30, 2022 on Wednesday, August 17, 2022, after market closing in New York.

11:21 26 Mar 2023 GRIN

Is Grindrod Shipping (GRIN) Stock Outpacing Its Transportation Peers This Year?

Here is how Grindrod Shipping Holdings Ltd. (GRIN) and Matson (MATX) have performed compared to their sector so far this year.

GRIN Financial details

Company Rating
Buy
Market Cap
219.06M
Income
103.37M
Revenue
460.46M
Book val./share
15
Cash/share
2.73
Dividend
6.34
Dividend %
56.36%
Employees
596
Optionable
No
Shortable
Yes
Earnings
22 May 2023
P/E
2.09
Forward P/E
-
PEG
-1.88
P/S
0.47
P/B
0.75
P/C
4.12
P/FCF
1.18
Quick Ratio
0.99
Current Ratio
1.16
Debt / Equity
0.91
LT Debt / Equity
0.59
-
-
EPS (TTM)
5.52
EPS next Y
-
EPS next Q
-
EPS this Y
-12.24%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
NAN%
Revenue last 5Y
7.62%
Revenue Q/Q
-24.1%
EPS Q/Q
-120.51%
-
-
-
-
SMA20
-21.78%
SMA50
-29.57%
SMA100
-54.73%
Inst Own
6.12%
Inst Trans
-10.77%
ROA
19%
ROE
29%
ROC
0.26%
Gross Margin
36%
Oper. Margin
26%
Profit Margin
22%
Payout
131%
Shs Outstand
19.47M
Shs Float
12.77M
-
-
-
-
Target Price
-
52W Range
11.09-28.98
52W High
-59.82%
52W Low
+2.27%
RSI
26.81
Rel Volume
0.63
Avg Volume
116.66K
Volume
73.86K
Perf Week
-4.98%
Perf Month
-31.4%
Perf Quarter
-52.99%
Perf Half Y
-54.18%
-
-
-
-
Beta
0.676791
-
-
Volatility
0.37%, 1.57%
Prev Close
-0.53%
Price
11.25
Change
-0.44%

GRIN Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
Revenue per share
16.7317.414.7223.824.3
Net income per share
-1.08-2.29-2.056.215.45
Operating cash flow per share
-1.96-2.923.7110.79.82
Free cash flow per share
-1.98-2.943.6910.699.8
Cash per share
1.871.8725.592.76
Book value per share
15.3413.2411.1916.6915.17
Tangible book value per share
14.9613.1913.3216.6815.17
Share holders equity per share
15.3413.2411.1916.6915.17
Interest debt per share
6.3312.3316.9115.2112.78
Market cap
118.96M123.46M79.66M345.29M354.55M
Enterprise value
197.78M311.09M348.27M517.11M527.41M
P/E ratio
-5.76-2.84-2.052.93.43
Price to sales ratio
0.370.370.290.760.77
POCF ratio
-3.18-2.221.131.691.91
PFCF ratio
-3.15-2.211.141.691.91
P/B Ratio
0.410.490.381.081.23
PTB ratio
0.410.490.381.081.23
EV to sales
0.620.941.251.131.15
Enterprise value over EBITDA
167.7518.0512.612.682.8
EV to operating cash flow
-5.29-5.64.952.522.84
EV to free cash flow
-5.24-5.574.982.522.84
Earnings yield
-0.17-0.35-0.490.340.29
Free cash flow yield
-0.32-0.450.880.590.52
Debt to equity
0.531.061.731.020.91
Debt to assets
0.350.510.590.50.48
Net debt to EBITDA
66.8510.899.720.890.92
Current ratio
2.171.050.71.611.16
Interest coverage
-3.7-0.7-0.6711.456.95
Income quality
1.811.28-1.811.721.8
Dividend Yield
0000.040.38
Payout ratio
0000.111.31
Sales general and administrative to revenue
0.10.080.090.080.1
Research and developement to revenue
00000
Intangibles to total assets
0.020000
Capex to operating cash flow
0.010-0.0100
Capex to revenue
00000
Capex to depreciation
-0.03-0.01-0.0100
Stock based compensation to revenue
000.010.010.02
Graham number
19.3326.122.6948.2943.15
ROIC
-0.07-0.02-0.020.350.28
Return on tangible assets
-0.05-0.08-0.060.180.19
Graham Net
-3.26-10.32-16.2-9.67-9.16
Working capital
66.28M4.71M-35.29M61.15M14.55M
Tangible asset value
285.11M250.82M252.65M319.41M287.26M
Net current asset value
-32.18M-175.63M-285.47M-164.04M-156.56M
Invested capital
0.390.891.440.870.78
Average receivables
72.87M54.04M31.73M29.85M36.38M
Average payables
18.17M7.89M17.57M30.61M31.74M
Average inventory
9.96M11.54M10.47M11.3M14.59M
Days sales outstanding
79.1942.8532.1628.129.86
Days payables outstanding
9.489.1437.844.3236.78
Days of inventory on hand
12.8514.3812.0218.218.99
Receivables turnover
4.618.5211.3512.9912.22
Payables turnover
38.5239.939.658.239.92
Inventory turnover
28.425.3830.3620.0519.22
ROE
-0.07-0.17-0.180.370.36
Capex per share
-0.02-0.01-0.020-0.01

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q4

Metric History 2021-12-312022-03-312022-06-302022-09-30 2022-12-31
Revenue per share
7.515.98.655.644.25
Net income per share
2.791.553.041.17-0.24
Operating cash flow per share
11.535.851.60.92
Free cash flow per share
0.991.525.851.60.92
Cash per share
5.655.78.577.72.73
Book value per share
16.8618.3220.7420.515
Tangible book value per share
16.8518.320.7320.4915
Share holders equity per share
16.8618.3220.7420.515
Interest debt per share
14.8615.1913.7712.1212.03
Market cap
341.78M475.2M320.35M454.59M358.49M
Enterprise value
513.6M649.32M413.18M534.14M531.35M
P/E ratio
1.624.091.415.13-19.56
Price to sales ratio
2.44.311.984.244.41
POCF ratio
18.1216.672.9314.9120.24
PFCF ratio
18.1416.712.9314.9420.26
P/B Ratio
1.071.390.831.171.25
PTB ratio
1.071.390.831.171.25
EV to sales
3.615.892.564.986.53
Enterprise value over EBITDA
9.3613.135.3312.3629.01
EV to operating cash flow
27.2322.783.7817.5230
EV to free cash flow
27.2522.843.7817.5530.03
Earnings yield
0.150.060.180.05-0.01
Free cash flow yield
0.060.060.340.070.05
Debt to equity
1.020.920.770.670.91
Debt to assets
0.50.480.430.40.48
Net debt to EBITDA
3.133.521.21.849.44
Current ratio
1.611.771.922.251.16
Interest coverage
20.4510.4714.185.91-0.05
Income quality
0.360.981.931.38-3.87
Dividend Yield
00.030.030.040.27
Payout ratio
00.470.160.72-21.25
Sales general and administrative to revenue
0.080.070.050.120.24
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
0.030-0.0100
Stock based compensation to revenue
0.010.0100.020.06
Graham number
32.5125.3137.6623.28.98
ROIC
0.140.080.180.080
Return on tangible assets
0.080.040.080.03-0.01
Graham Net
-9.77-9.14-5.16-4.16-9.06
Working capital
61.15M74.87M110.1M113.09M14.55M
Tangible asset value
319.41M341.92M387.25M389.32M287.26M
Net current asset value
-164.04M-141.99M-67.91M-58.42M-156.56M
Invested capital
0.870.820.650.580.78
Average receivables
34.75M36.85M39.96M39.14M37.31M
Average payables
32.68M29.16M26.05M27.82M28.79M
Average inventory
13.27M15.35M18.43M19.08M16.68M
Days sales outstanding
22.1731.5123.0131.0241.66
Days payables outstanding
40.2531.6125.6736.6445.62
Days of inventory on hand
16.5321.7218.6323.6823.55
Receivables turnover
4.062.863.912.92.16
Payables turnover
2.242.853.512.461.97
Inventory turnover
5.454.144.833.83.82
ROE
0.170.080.150.06-0.02
Capex per share
00-0.0100

GRIN Frequently Asked Questions

What is Grindrod Shipping Holdings Ltd. stock symbol ?

Grindrod Shipping Holdings Ltd. is a SG stock and trading under the symbol GRIN

What is Grindrod Shipping Holdings Ltd. stock quote today ?

Grindrod Shipping Holdings Ltd. stock price is $11.25 today.

Is Grindrod Shipping Holdings Ltd. stock public?

Yes, Grindrod Shipping Holdings Ltd. is a publicly traded company.

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