XNASGRIN
Market cap279mUSD
Aug 15, Last price
14.20USD
Name
Grindrod Shipping Holdings Ltd
Chart & Performance
P/E
—
P/S
0.72
EPS
—
Div Yield, %
0.42%
Shrs. gr., 5y
0.48%
Rev. gr., 5y
3.94%
Revenues
387m
-15.93%
Net income
-10m
L
CFO
155m
-16.61%
Dividend
Oct 19, 20231.64791 USD/sh
Earnings
Apr 25, 2025
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | 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 | |
| Income | |||||||||
Revenues | 387,096 -15.93% | 460,460 1.01% | 455,839 63.26% | ||||||
Cost of revenue | 380,382 | 341,767 | 315,031 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 6,714 | 118,693 | 140,808 | ||||||
NOPBT Margin | 1.73% | 25.78% | 30.89% | ||||||
Operating Taxes | 683 | 757 | (118) | ||||||
Tax Rate | 10.17% | 0.64% | |||||||
NOPAT | 6,031 | 117,936 | 140,926 | ||||||
Net income | (9,622) -109.31% | 103,367 -13.08% | 118,925 -389.36% | ||||||
Dividends | (1,169) | (135,877) | (13,546) | ||||||
Dividend yield | 0.66% | 38.32% | 3.75% | ||||||
Proceeds from repurchase of equity | (32,440) | 36,155 | |||||||
BB yield | 18.44% | -10.02% | |||||||
| Debt | |||||||||
Debt current | 51,010 | 55,388 | 55,395 | ||||||
Long-term debt | 126,385 | 195,806 | 256,813 | ||||||
Deferred revenue | 1,373 | ||||||||
Other long-term liabilities | 2,367 | 1,412 | 1,649 | ||||||
Net debt | 109,460 | 195,244 | 201,347 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 155,123 | 186,029 | 204,852 | ||||||
CAPEX | (864) | (239) | (55) | ||||||
Cash from investing activities | 1,200 | 98 | 1,066 | ||||||
Cash from financing activities | (147,450) | (243,142) | (139,076) | ||||||
FCF | 111,232 | 146,006 | 190,884 | ||||||
| Balance | |||||||||
Cash | 59,331 | 52,228 | 107,118 | ||||||
Long term investments | 8,604 | 3,722 | 3,743 | ||||||
Excess cash | 48,580 | 32,927 | 88,069 | ||||||
Stockholders' equity | 246,120 | 287,449 | 319,635 | ||||||
Invested Capital | 375,929 | 480,592 | 511,366 | ||||||
ROIC | 1.41% | 23.78% | 26.51% | ||||||
ROCE | 1.58% | 23.11% | 23.49% | ||||||
| EV | |||||||||
Common stock shares outstanding | 19,524 | 18,950 | 20,012 | ||||||
Price | 9.01 -51.84% | 18.71 3.77% | 18.03 329.29% | ||||||
Market cap | 175,912 -50.38% | 354,554 -1.74% | 360,816 352.95% | ||||||
EV | 285,372 | 549,798 | 562,163 | ||||||
EBITDA | 64,368 | 185,968 | 202,761 | ||||||
EV/EBITDA | 4.43 | 2.96 | 2.77 | ||||||
Interest | 16,246 | 17,133 | 12,298 | ||||||
Interest/NOPBT | 241.97% | 14.43% | 8.73% | ||||||