GRINDROD SHIPPING HOLDINGS LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.54 USD | -0.59% |
|
-0.22% | +50.28% |
| Apr. 05 | Top Midday Gainers | MT |
| Apr. 05 | Grindrod Shipping's Shares Surge Following Plans to Implement Selective Capital Reduction | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 121.8 | 79.83 | 333.3 | 364.3 | 175.4 | 266.5 |
| Enterprise Value (EV) 1 | 251.5 | 79.83 | 505.1 | 506.7 | 175.4 | 344.5 |
| P/E ratio | -3.49 x | -2.05 x | 3.04 x | 3.43 x | -18.4 x | 23.3 x |
| Yield | - | - | 7.99% | - | - | 1.92% |
| Capitalization / Revenue | 0.37 x | 0.29 x | 0.73 x | 0.79 x | 0.45 x | 1.46 x |
| EV / Revenue | 0.76 x | 0.29 x | 1.11 x | 1.1 x | 0.45 x | 1.89 x |
| EV / EBITDA | 6.33 x | 1.69 x | 2.47 x | 2.48 x | 2.71 x | 4.24 x |
| EV / FCF | - | - | 2.47 x | 2.73 x | - | 5.23 x |
| FCF Yield | - | - | 40.5% | 36.7% | - | 19.1% |
| Price to Book | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 18,764 | 19,007 | 18,485 | 19,472 | 19,472 | 19,686 |
| Reference price 2 | 6.490 | 4.200 | 18.03 | 18.71 | 9.010 | 13.54 |
| Announcement Date | 2/25/20 | 2/24/21 | 2/16/22 | 2/15/23 | 2/28/24 | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Net sales 1 | 331 | 279.2 | 455.8 | 460.5 | 387.1 | 182.8 |
| EBITDA 1 | 39.74 | 47.31 | 204.3 | 204 | 64.71 | 81.3 |
| EBIT 1 | -23.32 | -30.15 | 144.7 | 119 | 5.362 | 26.39 |
| Operating Margin | -7.04% | -10.8% | 31.73% | 25.85% | 1.39% | 14.44% |
| Earnings before Tax (EBT) 1 | -34.68 | -40.38 | 132.5 | 104.1 | -8.939 | 9.95 |
| Net income 1 | -35.36 | -38.8 | 118.9 | 103.4 | -9.622 | 11.58 |
| Net margin | -10.68% | -13.89% | 26.09% | 22.45% | -2.49% | 6.34% |
| EPS 2 | -1.860 | -2.050 | 5.940 | 5.450 | -0.4900 | 0.5800 |
| Free Cash Flow 1 | - | - | 204.8 | 185.9 | - | 65.89 |
| FCF margin | - | - | 44.93% | 40.38% | - | 36.05% |
| FCF Conversion (EBITDA) | - | - | 100.27% | 91.12% | - | 81.05% |
| FCF Conversion (Net income) | - | - | 172.21% | 179.86% | - | 569% |
| Dividend per Share 2 | - | - | 1.440 | - | - | 0.2600 |
| Announcement Date | 2/25/20 | 2/24/21 | 2/16/22 | 2/15/23 | 2/28/24 | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S2 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | 135.1 | 142.5 | 110.3 | 161.6 | 107.2 | 81.38 | 34.98 | 38.86 | 34.79 | 88.78 | 37.91 | 45.42 | 53.27 | 46.18 |
| EBITDA 1 | 25.01 | 18.48 | 62.47 | 69.02 | 72.74 | - | 73.9 | 47.82 | 32.16 | 15.65 | 24.3 | 11.2 | 13.56 | 14.55 | 20.2 | 26.14 | 20.41 |
| EBIT 1 | -11.14 | -20.1 | 32.24 | 51.52 | 55.51 | - | 61.06 | 26.09 | -0.244 | -0.061 | 3.271 | -4.809 | -4.233 | 0.82 | 6.47 | 12.41 | 6.68 |
| Operating Margin | - | - | - | 38.12% | 38.97% | - | 37.79% | 24.33% | -0.3% | -0.17% | 8.42% | -13.82% | -4.77% | 2.16% | 14.24% | 23.3% | 14.47% |
| Earnings before Tax (EBT) 1 | -16.36 | -28.52 | 25.14 | 49.14 | 52.82 | - | 56.92 | 22.24 | -4.201 | -4.23 | 5.769 | -8.444 | -2.034 | -3.61 | 2.3 | 8.31 | 2.95 |
| Net income 1 | -16.41 | -28.3 | 22.13 | 44 | 52.8 | - | 56.76 | 22.15 | -4.582 | -4.294 | 5.541 | -8.489 | -2.38 | -4.21 | 2.68 | 9.67 | 3.43 |
| Net margin | - | - | - | 32.56% | 37.06% | - | 35.13% | 20.66% | -5.63% | -12.28% | 14.26% | -24.4% | -2.68% | -11.11% | 5.9% | 18.15% | 7.43% |
| EPS 2 | -0.8600 | -1.490 | 1.130 | 2.190 | 2.660 | - | 2.920 | 1.140 | -0.2400 | -0.2200 | 0.2800 | -0.4400 | -0.1200 | -0.2100 | 0.1300 | 0.4900 | 0.1700 |
| Dividend per Share 2 | - | - | - | 0.7200 | 0.7200 | - | 0.8400 | - | - | - | - | - | - | 0.0300 | 0.0300 | 0.1400 | 0.0500 |
| Announcement Date | 2/25/20 | 2/24/21 | 8/18/21 | 11/17/21 | 2/16/22 | 5/24/22 | 8/17/22 | 11/16/22 | 2/15/23 | 5/17/23 | 9/5/23 | 11/28/23 | 2/28/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 130 | - | 172 | 142 | - | 78 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.263 x | - | 0.8412 x | 0.6979 x | - | 0.9594 x |
| Free Cash Flow 1 | - | - | 205 | 186 | - | 65.9 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - |
| Cash Flow per Share 2 | -2.920 | 3.710 | 10.20 | 9.820 | - | 3.620 |
| Capex 1 | - | 0.07 | 0.05 | 0.11 | - | 6 |
| Capex / Sales | - | 0.02% | 0.01% | 0.02% | - | 3.28% |
| Announcement Date | 2/25/20 | 2/24/21 | 2/16/22 | 2/15/23 | 2/28/24 | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
13.54
Average target price
-
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +50.28% | 267M | |
| +30.31% | 12.25B | |
| +21.24% | 4.13B | |
| +36.60% | 4B | |
| +16.23% | 2.8B | |
| -15.05% | 1.89B | |
| +18.10% | 1.88B | |
| +16.21% | 1.85B | |
| +33.94% | 1.59B | |
| +32.12% | 1.57B |
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- Financials Grindrod Shipping Holdings Ltd.
