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NASDAQ: GRIN
Grindrod Shipping Holdings Ltd Stock

$10.35-0.15 (-1.43%)
Updated Mar 28, 2024
GRIN Price
$10.35
Fair Value Price
N/A
Market Cap
$203.79M
52 Week Low
$6.80
52 Week High
$14.90
P/E
-21.13x
P/B
0.83x
P/S
0.45x
PEG
N/A
Dividend Yield
N/A
Revenue
$387.10M
Earnings
-$9.62M
Gross Margin
10.2%
Operating Margin
2.11%
Profit Margin
-2.5%
Debt to Equity
0.87
Operating Cash Flow
$155M
Beta
0.74
Next Earnings
May 15, 2024
Ex-Dividend
N/A
Next Dividend
N/A

GRIN Overview

Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 32 vessels consisting of 24 owned dry bulk carriers and 7 long-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 one owned tanker, which carry petroleum products, such as 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 shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore.

Zen Score

Industry Average (32)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GRIN scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GRIN is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GRIN is good value based on its book value relative to its share price (0.83x), compared to the US Marine Shipping industry average (0.96x)
P/B vs Industry Valuation
GRIN is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 35 more GRIN due diligence checks available for Premium users.

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GRIN News

Valuation

GRIN fair value

Fair Value of GRIN stock based on Discounted Cash Flow (DCF)
Price
$10.35
Fair Value
$67.71
Undervalued by
84.71%
GRIN is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

GRIN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-21.13x
Industry
15.97x
Market
44.51x

GRIN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.83x
Industry
0.96x
GRIN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GRIN's financial health

Profit margin

Revenue
$88.8M
Net Income
-$2.4M
Profit Margin
-2.7%
GRIN's Earnings (EBIT) of $8.16M... subscribe to Premium to read more.
Interest Coverage Financials
GRIN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$460.9M
Liabilities
$214.8M
Debt to equity
0.87
GRIN's short-term assets ($98.08M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRIN's long-term liabilities ($128.14M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GRIN's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
GRIN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$31.1M
Investing
$1.8M
Financing
-$46.8M
GRIN's operating cash flow ($155.12M)... subscribe to Premium to read more.
Debt Coverage Financials

GRIN vs Shipping Stocks

TickerMarket Cap1d %P/EP/B
GRIN$203.79M-1.41%-21.13x0.83x
GASS$225.90M+0.34%4.30x0.41x
KNOP$175.67M+0.39%N/A0.34x
SHIP$158.27M+3.33%8.97x0.71x
ESEA$251.46M+7.75%2.17x0.94x

Grindrod Shipping Holdings Stock FAQ

What is Grindrod Shipping Holdings's quote symbol?

(NASDAQ: GRIN) Grindrod Shipping Holdings trades on the NASDAQ under the ticker symbol GRIN. Grindrod Shipping Holdings stock quotes can also be displayed as NASDAQ: GRIN.

If you're new to stock investing, here's how to buy Grindrod Shipping Holdings stock.

What is the 52 week high and low for Grindrod Shipping Holdings (NASDAQ: GRIN)?

(NASDAQ: GRIN) Grindrod Shipping Holdings's 52-week high was $14.90, and its 52-week low was $6.80. It is currently -30.52% from its 52-week high and 52.24% from its 52-week low.

How much is Grindrod Shipping Holdings stock worth today?

(NASDAQ: GRIN) Grindrod Shipping Holdings currently has 19,685,590 outstanding shares. With Grindrod Shipping Holdings stock trading at $10.35 per share, the total value of Grindrod Shipping Holdings stock (market capitalization) is $203.79M.

Grindrod Shipping Holdings stock was originally listed at a price of $17.00 in Jun 18, 2018. If you had invested in Grindrod Shipping Holdings stock at $17.00, your return over the last 5 years would have been -39.11%, for an annualized return of -9.44% (not including any dividends or dividend reinvestments).

How much is Grindrod Shipping Holdings's stock price per share?

(NASDAQ: GRIN) Grindrod Shipping Holdings stock price per share is $10.35 today (as of Mar 28, 2024).

What is Grindrod Shipping Holdings's Market Cap?

(NASDAQ: GRIN) Grindrod Shipping Holdings's market cap is $203.79M, as of Mar 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Grindrod Shipping Holdings's market cap is calculated by multiplying GRIN's current stock price of $10.35 by GRIN's total outstanding shares of 19,685,590.
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