Financials Grindrod Shipping Holdings Ltd.

Equities

GRIN

SG9999019087

Marine Freight & Logistics

Market Closed - Nasdaq 16:30:00 2024-07-19 EDT 5-day change 1st Jan Change
14.13 USD +0.64% Intraday chart for Grindrod Shipping Holdings Ltd. +1.36% +56.83%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 121.8 79.83 333.3 364.3 175.4 278.2
Enterprise Value (EV) 1 251.5 79.83 505.1 506.7 175.4 356.2
P/E ratio -3.49 x -2.05 x 3.04 x 3.43 x -18.4 x 24.4 x
Yield - - 7.99% - - 1.84%
Capitalization / Revenue 0.37 x 0.29 x 0.73 x 0.79 x 0.45 x 1.52 x
EV / Revenue 0.76 x 0.29 x 1.11 x 1.1 x 0.45 x 1.95 x
EV / EBITDA 6.33 x 1.69 x 2.47 x 2.48 x 2.71 x 4.38 x
EV / FCF - - 2.47 x 2.73 x 1.14 x 5.41 x
FCF Yield - - 40.5% 36.7% 88% 18.5%
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 14.13
Announcement Date 20-02-25 21-02-24 22-02-16 23-02-15 24-02-28 -
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 - - 204.8 185.9 154.5 65.89
FCF margin - - 44.93% 40.38% 39.91% 36.05%
FCF Conversion (EBITDA) - - 100.27% 91.12% 238.73% 81.05%
FCF Conversion (Net income) - - 172.21% 179.86% - 569%
Dividend per Share 2 - - 1.440 - - 0.2600
Announcement Date 20-02-25 21-02-24 22-02-16 23-02-15 24-02-28 -
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 0.0300 0.1400 0.0500
Announcement Date 20-02-25 21-02-24 21-08-18 21-11-17 22-02-16 22-05-24 22-08-17 22-11-16 23-02-15 23-05-17 23-09-05 23-11-28 24-02-28 - - - -
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 - - 205 186 154 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 7.950 3.620
Capex 1 - 0.07 0.05 0.11 0.65 6
Capex / Sales - 0.02% 0.01% 0.02% 0.17% 3.28%
Announcement Date 20-02-25 21-02-24 22-02-16 23-02-15 24-02-28 -
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
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
14.13
Average target price
-
Consensus
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