Grindrod Shipping Holdings Stock Performance
GRIN Stock | USD 13.60 0.23 1.66% |
On a scale of 0 to 100, Grindrod Shipping holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.0104, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grindrod Shipping are expected to decrease at a much lower rate. During the bear market, Grindrod Shipping is likely to outperform the market. Please check Grindrod Shipping's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Grindrod Shipping's current trending patterns will revert.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Grindrod Shipping Holdings are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady forward indicators, Grindrod Shipping displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.16) | Five Day Return (1.95) | Year To Date Return 51.79 | Ten Year Return (20.00) | All Time Return (20.00) |
Forward Dividend Yield 0.0991 | Payout Ratio 0.9474 | Forward Dividend Rate 1.37 | Dividend Date 2023-10-26 | Ex Dividend Date 2023-10-19 |
1 | Grin Trading Down 8.1 percent Over Last Week | 02/14/2024 |
2 | Technical Data - Stock Traders Daily.com | 02/20/2024 |
3 | Grindrod Shipping Non-GAAP EPS of -0.47, revenue of 201.24M | 02/28/2024 |
4 | Grin Trading Up 14.1 percent Over Last 7 Days | 03/01/2024 |
5 | Caravelle International Group Grindrod Shipping Critical Contrast - Defense World | 03/21/2024 |
6 | Grin unveils activation benchmarking tool for scalable influencer marketing | 04/03/2024 |
7 | What Makes Grindrod Shipping Holdings Ltd. a Good Fit for Trend Investing - Yahoo Movies UK | 04/08/2024 |
Begin Period Cash Flow | 52.2 M |
Grindrod |
Grindrod Shipping Relative Risk vs. Return Landscape
If you would invest 881.00 in Grindrod Shipping Holdings on January 26, 2024 and sell it today you would earn a total of 479.00 from holding Grindrod Shipping Holdings or generate 54.37% return on investment over 90 days. Grindrod Shipping Holdings is currently generating 0.7833% in daily expected returns and assumes 4.3159% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of stocks are less volatile than Grindrod, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Grindrod Shipping Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grindrod Shipping's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Grindrod Shipping Holdings, and traders can use it to determine the average amount a Grindrod Shipping's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1815
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Estimated Market Risk
4.32 actual daily | 38 62% of assets are more volatile |
Expected Return
0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Grindrod Shipping is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Grindrod Shipping by adding it to a well-diversified portfolio.
Grindrod Shipping Fundamentals Growth
Grindrod Stock prices reflect investors' perceptions of the future prospects and financial health of Grindrod Shipping, and Grindrod Shipping fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Grindrod Stock performance.
Return On Equity | -0.0361 | ||||
Return On Asset | 0.009 | ||||
Profit Margin | (0.02) % | ||||
Operating Margin | 0.03 % | ||||
Current Valuation | 384.64 M | ||||
Shares Outstanding | 19.69 M | ||||
Price To Earning | 2.80 X | ||||
Price To Book | 1.09 X | ||||
Price To Sales | 0.69 X | ||||
Revenue | 387.1 M | ||||
Gross Profit | 232.94 M | ||||
EBITDA | 64.37 M | ||||
Net Income | (9.62 M) | ||||
Cash And Equivalents | 165.4 M | ||||
Cash Per Share | 8.71 X | ||||
Total Debt | 176.02 M | ||||
Debt To Equity | 0.65 % | ||||
Current Ratio | 1.92 X | ||||
Book Value Per Share | 12.50 X | ||||
Cash Flow From Operations | 155.12 M | ||||
Earnings Per Share | (0.49) X | ||||
Market Capitalization | 272.25 M | ||||
Total Asset | 460.88 M | ||||
Retained Earnings | (32.21 M) | ||||
Working Capital | 11.45 M | ||||
Current Asset | 107.7 M | ||||
Current Liabilities | 97.45 M | ||||
About Grindrod Shipping Performance
To evaluate Grindrod Shipping Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Grindrod Shipping generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Grindrod Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Grindrod Shipping market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Grindrod's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 11.21 | 10.26 | |
Return On Tangible Assets | (0.02) | (0.02) | |
Return On Capital Employed | 0.02 | 0.02 | |
Return On Assets | (0.02) | (0.02) | |
Return On Equity | (0.04) | (0.04) |
Things to note about Grindrod Shipping performance evaluation
Checking the ongoing alerts about Grindrod Shipping for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Grindrod Shipping help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Grindrod Shipping appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 387.1 M. Net Loss for the year was (9.62 M) with profit before overhead, payroll, taxes, and interest of 232.94 M. | |
Grindrod Shipping has a frail financial position based on the latest SEC disclosures | |
About 82.0% of the company shares are held by company insiders | |
Latest headline from news.google.com: What Makes Grindrod Shipping Holdings Ltd. a Good Fit for Trend Investing - Yahoo Movies UK |
- Analyzing Grindrod Shipping's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Grindrod Shipping's stock is overvalued or undervalued compared to its peers.
- Examining Grindrod Shipping's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Grindrod Shipping's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grindrod Shipping's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Grindrod Shipping's stock. These opinions can provide insight into Grindrod Shipping's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindrod Shipping Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Grindrod Stock analysis
When running Grindrod Shipping's price analysis, check to measure Grindrod Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grindrod Shipping is operating at the current time. Most of Grindrod Shipping's value examination focuses on studying past and present price action to predict the probability of Grindrod Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindrod Shipping's price. Additionally, you may evaluate how the addition of Grindrod Shipping to your portfolios can decrease your overall portfolio volatility.
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Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Grindrod Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grindrod Shipping. If investors know Grindrod will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grindrod Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Dividend Share 0.03 | Earnings Share (0.49) | Revenue Per Share 19.827 | Quarterly Revenue Growth 0.091 |
The market value of Grindrod Shipping is measured differently than its book value, which is the value of Grindrod that is recorded on the company's balance sheet. Investors also form their own opinion of Grindrod Shipping's value that differs from its market value or its book value, called intrinsic value, which is Grindrod Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grindrod Shipping's market value can be influenced by many factors that don't directly affect Grindrod Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grindrod Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grindrod Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grindrod Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.