XJSEGND
Market cap441mUSD
Dec 20, Last price
1,210.00ZAR
1D
5.68%
1Q
-19.28%
Jan 2017
-10.04%
Name
Grindrod Ltd
Chart & Performance
Profile
Grindrod Limited, together with its subsidiaries, engages in the logistics and financial services business in North America, Bermuda, South America, the Middle East, the United Kingdom, Isle of Man, rest of Europe, Singapore, Asia, the Far East, Australia, South Africa, and Rest of Africa. The company operates through Ports and Terminals, Logistics, Bank, Private Equity and Property, and Marine Fuels and Agricultural Logistics segments. It engages in the bulk terminal activities include receiving, stockpiling, and loading of cargo onto vessels for onward transportation; container handling, transport, warehousing, loading, and offloading; selling and leasing containers; and logistics solutions for the transportation of cargo through road, rail, and sea. The company also provides clearing and forwarding of imports and exports, transportation of goods, and ship husbandry services; and various ancillary services, including training, bay stevedoring, and rentals. In addition, it involves managing and handling port activities; freight services, such as handling and storage of containers, clearing and forwarding to road, rail, and seaborne freight; ships agency; and marine fuels, lubricants, bunkers, and agricultural commodities. Further, the company invests in private and property equity portfolios; and engages in the private equity investment business. Additionally, it offers financial services comprising cash deposit management services; overdrafts, term loans and invoice discounting facilities, and mezzanine finance; retail banking products and services; and property lending services. Grindrod Limited was founded in 1910 and is based in Durban, South Africa.
Valuation
Title ZAR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 4,845,572 -17.64% | 5,883,735 50.67% | 3,904,984 4.10% | |||||||
Cost of revenue | 3,419,551 | 5,472,290 | 3,071,588 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,426,021 | 411,445 | 833,396 | |||||||
NOPBT Margin | 29.43% | 6.99% | 21.34% | |||||||
Operating Taxes | 301,606 | 347,864 | 101,711 | |||||||
Tax Rate | 21.15% | 84.55% | 12.20% | |||||||
NOPAT | 1,124,415 | 63,581 | 731,685 | |||||||
Net income | 1,062,154 61.55% | 657,477 197.02% | 221,358 -153.85% | |||||||
Dividends | (446,361) | (673,454) | (46,583) | |||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | 672,739 | 16,661 | ||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 535,247 | 872,060 | 1,907,919 | |||||||
Long-term debt | 2,725,434 | 2,251,208 | 2,997,550 | |||||||
Deferred revenue | 239,720 | |||||||||
Other long-term liabilities | 204,968 | 160,527 | 57,763 | |||||||
Net debt | (4,286,090) | (5,094,180) | (1,341,226) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 876,850 | 523,793 | 996,066 | |||||||
CAPEX | (700,227) | (454,245) | (413,953) | |||||||
Cash from investing activities | (773,443) | 82,417 | 262,038 | |||||||
Cash from financing activities | (530,741) | 35,938 | (702,370) | |||||||
FCF | 1,205,179 | (2,607,063) | 2,772,921 | |||||||
Balance | ||||||||||
Cash | 2,522,245 | 2,605,514 | 5,680,668 | |||||||
Long term investments | 5,024,526 | 5,611,934 | 566,027 | |||||||
Excess cash | 7,304,492 | 7,923,261 | 6,051,446 | |||||||
Stockholders' equity | 5,941,790 | 8,821,464 | 8,577,950 | |||||||
Invested Capital | 6,764,138 | 3,322,305 | 6,615,773 | |||||||
ROIC | 22.30% | 1.28% | 10.70% | |||||||
ROCE | 11.17% | 3.65% | 6.55% | |||||||
EV | ||||||||||
Common stock shares outstanding | 667,750 | 667,656 | 670,933 | |||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | 1,817,652 | 911,045 | 1,321,505 | |||||||
EV/EBITDA | ||||||||||
Interest | 219,967 | 218,024 | 226,432 | |||||||
Interest/NOPBT | 15.43% | 52.99% | 27.17% |