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Grindrod Ltd ADR
Buy, Hold or Sell?

Let's analyse Grindrod together

PenkeI guess you are interested in Grindrod Ltd ADR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Grindrod Ltd ADR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Grindrod (30 sec.)










What can you expect buying and holding a share of Grindrod? (30 sec.)

How much money do you get?

How much money do you get?
$1.79
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$13.18
Expected worth in 1 year
$14.43
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
$3.05
Return On Investment
16.9%

For what price can you sell your share?

Current Price per Share
$18.00
Expected price per share
$18.00 - $18.00
How sure are you?
50%

1. Valuation of Grindrod (5 min.)




Live pricePrice per Share (EOD)

$18.00

Intrinsic Value Per Share

$-18.56 - $-7.70

Total Value Per Share

$-5.38 - $5.48

2. Growth of Grindrod (5 min.)




Is Grindrod growing?

Current yearPrevious yearGrowGrow %
How rich?$8.8b$8.5b$243.5m2.8%

How much money is Grindrod making?

Current yearPrevious yearGrowGrow %
Making money$657.4m$221.3m$436.1m66.3%
Net Profit Margin11.2%5.7%--

How much money comes from the company's main activities?

3. Financial Health of Grindrod (5 min.)




4. Comparing to competitors in the Integrated Freight & Logistics industry (5 min.)




  Industry Rankings (Integrated Freight & Logistics)  


Richest
#6 / 156

Most Revenue
#14 / 156

Most Profit
#3 / 156

What can you expect buying and holding a share of Grindrod? (5 min.)

Welcome investor! Grindrod's management wants to use your money to grow the business. In return you get a share of Grindrod.

What can you expect buying and holding a share of Grindrod?

First you should know what it really means to hold a share of Grindrod. And how you can make/lose money.

Speculation

The Price per Share of Grindrod is $18.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Grindrod.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Grindrod, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $13.18. Based on the TTM, the Book Value Change Per Share is $0.31 per quarter. Based on the YOY, the Book Value Change Per Share is $1.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.45 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Grindrod.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.905.0%0.905.0%0.261.5%0.774.3%-1.42-7.9%
Usd Book Value Change Per Share0.311.7%0.311.7%1.025.7%-1.14-6.3%1.327.3%
Usd Dividend Per Share0.452.5%0.452.5%0.070.4%0.231.3%1.629.0%
Usd Total Gains Per Share0.764.2%0.764.2%1.096.0%-0.91-5.0%2.9316.3%
Usd Price Per Share18.00-18.00-12.00-13.20-19.39-
Price to Earnings Ratio20.04-20.04-45.55-7.15-0.43-
Price-to-Total Gains Ratio23.63-23.63-11.04-1.00-0.57-
Price to Book Ratio1.37-1.37-0.93-1.02-0.69-
Price-to-Total Gains Ratio23.63-23.63-11.04-1.00-0.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18
Number of shares55
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.450.23
Usd Book Value Change Per Share0.31-1.14
Usd Total Gains Per Share0.76-0.91
Gains per Quarter (55 shares)41.89-49.98
Gains per Year (55 shares)167.56-199.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1996915851-251-210
2197138326102-502-410
3296207494153-753-610
4395275662205-1004-810
5494344830256-1255-1010
6592413998307-1506-1210
76914821166358-1757-1410
87905511334409-2009-1610
98886201502460-2260-1810
109876891670512-2511-2010

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%5.05.00.050.0%5.05.00.050.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%5.05.00.050.0%5.05.00.050.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%5.05.00.050.0%5.05.00.050.0%

Fundamentals of Grindrod

About Grindrod Ltd ADR

Grindrod Limited, together with its subsidiaries, engages in the logistics services business in North America, 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, 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, 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. Grindrod Limited was founded in 1910 and is based in Durban, South Africa.

Fundamental data was last updated by Penke on 2024-03-09 16:33:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Grindrod Ltd ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Grindrod earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Grindrod to the Integrated Freight & Logistics industry mean.
  • A Net Profit Margin of 11.2% means that $0.11 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Grindrod Ltd ADR:

  • The MRQ is 11.2%. The company is making a huge profit. +2
  • The TTM is 11.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.2%TTM11.2%0.0%
TTM11.2%YOY5.7%+5.5%
TTM11.2%5Y16.7%-5.5%
5Y16.7%10Y4.8%+11.8%
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ11.2%2.9%+8.3%
TTM11.2%3.2%+8.0%
YOY5.7%3.5%+2.2%
5Y16.7%2.9%+13.8%
10Y4.8%3.0%+1.8%
1.1.2. Return on Assets

Shows how efficient Grindrod is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Grindrod to the Integrated Freight & Logistics industry mean.
  • 4.8% Return on Assets means that Grindrod generated $0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Grindrod Ltd ADR:

  • The MRQ is 4.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.8%TTM4.8%0.0%
TTM4.8%YOY0.9%+3.9%
TTM4.8%5Y2.8%+1.9%
5Y2.8%10Y1.1%+1.7%
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%1.2%+3.6%
TTM4.8%1.4%+3.4%
YOY0.9%1.8%-0.9%
5Y2.8%1.2%+1.6%
10Y1.1%1.2%-0.1%
1.1.3. Return on Equity

Shows how efficient Grindrod is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Grindrod to the Integrated Freight & Logistics industry mean.
  • 7.4% Return on Equity means Grindrod generated $0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Grindrod Ltd ADR:

  • The MRQ is 7.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.4%TTM7.4%0.0%
TTM7.4%YOY2.6%+4.8%
TTM7.4%5Y6.4%+1.0%
5Y6.4%10Y2.6%+3.8%
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ7.4%2.9%+4.5%
TTM7.4%3.1%+4.3%
YOY2.6%4.4%-1.8%
5Y6.4%2.9%+3.5%
10Y2.6%3.5%-0.9%

1.2. Operating Efficiency of Grindrod Ltd ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Grindrod is operating .

  • Measures how much profit Grindrod makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Grindrod to the Integrated Freight & Logistics industry mean.
  • An Operating Margin of 8.0% means the company generated $0.08  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Grindrod Ltd ADR:

  • The MRQ is 8.0%. The company is operating less efficient.
  • The TTM is 8.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY14.3%-6.4%
TTM8.0%5Y6.2%+1.8%
5Y6.2%10Y3.4%+2.8%
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%3.4%+4.6%
TTM8.0%3.2%+4.8%
YOY14.3%4.9%+9.4%
5Y6.2%4.4%+1.8%
10Y3.4%3.7%-0.3%
1.2.2. Operating Ratio

Measures how efficient Grindrod is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Integrated Freight & Logistics industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Grindrod Ltd ADR:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.023-0.023
5Y0.02310Y0.895-0.872
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.672-1.672
TTM-1.627-1.627
YOY-1.626-1.626
5Y0.0231.549-1.526
10Y0.8951.277-0.382

1.3. Liquidity of Grindrod Ltd ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Grindrod is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Integrated Freight & Logistics industry mean).
  • A Current Ratio of 1.67 means the company has $1.67 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Grindrod Ltd ADR:

  • The MRQ is 1.671. The company is able to pay all its short-term debts. +1
  • The TTM is 1.671. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.671TTM1.6710.000
TTM1.671YOY0.682+0.989
TTM1.6715Y0.965+0.706
5Y0.96510Y1.010-0.045
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6711.367+0.304
TTM1.6711.367+0.304
YOY0.6821.385-0.703
5Y0.9651.376-0.411
10Y1.0101.256-0.246
1.3.2. Quick Ratio

Measures if Grindrod is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Grindrod to the Integrated Freight & Logistics industry mean.
  • A Quick Ratio of 0.30 means the company can pay off $0.30 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Grindrod Ltd ADR:

  • The MRQ is 0.301. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.301. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.301TTM0.3010.000
TTM0.301YOY0.304-0.002
TTM0.3015Y0.377-0.076
5Y0.37710Y0.322+0.056
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3010.851-0.550
TTM0.3010.848-0.547
YOY0.3040.950-0.646
5Y0.3770.966-0.589
10Y0.3220.962-0.640

1.4. Solvency of Grindrod Ltd ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Grindrod assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Grindrod to Integrated Freight & Logistics industry mean.
  • A Debt to Asset Ratio of 0.36 means that Grindrod assets are financed with 36.2% credit (debt) and the remaining percentage (100% - 36.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Grindrod Ltd ADR:

  • The MRQ is 0.362. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.362. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.362TTM0.3620.000
TTM0.362YOY0.659-0.297
TTM0.3625Y0.599-0.237
5Y0.59910Y0.567+0.032
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3620.537-0.175
TTM0.3620.536-0.174
YOY0.6590.559+0.100
5Y0.5990.556+0.043
10Y0.5670.549+0.018
1.4.2. Debt to Equity Ratio

Measures if Grindrod is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Grindrod to the Integrated Freight & Logistics industry mean.
  • A Debt to Equity ratio of 56.4% means that company has $0.56 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Grindrod Ltd ADR:

  • The MRQ is 0.564. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.564. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.564TTM0.5640.000
TTM0.564YOY1.922-1.358
TTM0.5645Y1.651-1.087
5Y1.65110Y1.415+0.235
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5641.171-0.607
TTM0.5641.161-0.597
YOY1.9221.290+0.632
5Y1.6511.255+0.396
10Y1.4151.270+0.145

2. Market Valuation of Grindrod Ltd ADR

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Grindrod generates.

  • Above 15 is considered overpriced but always compare Grindrod to the Integrated Freight & Logistics industry mean.
  • A PE ratio of 20.04 means the investor is paying $20.04 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Grindrod Ltd ADR:

  • The EOD is 20.039. Based on the earnings, the company is fair priced.
  • The MRQ is 20.039. Based on the earnings, the company is fair priced.
  • The TTM is 20.039. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD20.039MRQ20.0390.000
MRQ20.039TTM20.0390.000
TTM20.039YOY45.554-25.515
TTM20.0395Y7.154+12.886
5Y7.15410Y0.431+6.722
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
EOD20.03911.919+8.120
MRQ20.03911.511+8.528
TTM20.03911.719+8.320
YOY45.55412.367+33.187
5Y7.15415.375-8.221
10Y0.43118.572-18.141
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Grindrod Ltd ADR:

  • The EOD is 173.192. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 173.192. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 173.192. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD173.192MRQ173.1920.000
MRQ173.192TTM173.1920.000
TTM173.192YOY13.740+159.452
TTM173.1925Y44.547+128.645
5Y44.54710Y29.183+15.364
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
EOD173.1924.715+168.477
MRQ173.1924.664+168.528
TTM173.1924.544+168.648
YOY13.7405.010+8.730
5Y44.5473.931+40.616
10Y29.1832.725+26.458
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Grindrod is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Integrated Freight & Logistics industry mean).
  • A PB ratio of 1.37 means the investor is paying $1.37 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Grindrod Ltd ADR:

  • The EOD is 1.365. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.365. Based on the equity, the company is underpriced. +1
  • The TTM is 1.365. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.365MRQ1.3650.000
MRQ1.365TTM1.3650.000
TTM1.365YOY0.932+0.433
TTM1.3655Y1.018+0.348
5Y1.01810Y0.687+0.331
Compared to industry (Integrated Freight & Logistics)
PeriodCompanyIndustry (mean)+/- 
EOD1.3651.374-0.009
MRQ1.3651.555-0.190
TTM1.3651.616-0.251
YOY0.9322.169-1.237
5Y1.0182.052-1.034
10Y0.6872.247-1.560
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Grindrod Ltd ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3130.3130%1.017-69%-1.141+465%1.318-76%
Book Value Per Share--13.18313.1830%12.870+2%12.995+1%105.059-87%
Current Ratio--1.6711.6710%0.682+145%0.965+73%1.010+66%
Debt To Asset Ratio--0.3620.3620%0.659-45%0.599-40%0.567-36%
Debt To Equity Ratio--0.5640.5640%1.922-71%1.651-66%1.415-60%
Dividend Per Share--0.4490.4490%0.070+542%0.233+93%1.615-72%
Eps--0.8980.8980%0.263+241%0.772+16%-1.422+258%
Free Cash Flow Per Share--0.1040.1040%0.873-88%-2.210+2226%-1.780+1813%
Free Cash Flow To Equity Per Share---0.291-0.2910%-0.250-14%-3.120+972%-2.501+759%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---7.701--------
Intrinsic Value_10Y_min---18.565--------
Intrinsic Value_1Y_max---0.660--------
Intrinsic Value_1Y_min---2.143--------
Intrinsic Value_3Y_max---2.069--------
Intrinsic Value_3Y_min---6.233--------
Intrinsic Value_5Y_max---3.579--------
Intrinsic Value_5Y_min---10.064--------
Market Cap1201968000.000-902%12045149244.00012045149244.0000%7998334656.000+51%8885682156.000+36%7027624858.804+71%
Net Profit Margin--0.1120.1120%0.057+97%0.167-33%0.048+132%
Operating Margin--0.0800.0800%0.143-44%0.062+29%0.034+134%
Operating Ratio----0%-0%0.023-100%0.895-100%
Pb Ratio1.3650%1.3651.3650%0.932+46%1.018+34%0.687+99%
Pe Ratio20.0390%20.03920.0390%45.554-56%7.154+180%0.431+4549%
Price Per Share18.0000%18.00018.0000%12.000+50%13.200+36%19.391-7%
Price To Free Cash Flow Ratio173.1920%173.192173.1920%13.740+1160%44.547+289%29.183+493%
Price To Total Gains Ratio23.6330%23.63323.6330%11.036+114%1.002+2259%0.565+4081%
Quick Ratio--0.3010.3010%0.304-1%0.377-20%0.322-6%
Return On Assets--0.0480.0480%0.009+440%0.028+67%0.011+314%
Return On Equity--0.0740.0740%0.026+188%0.064+16%0.026+188%
Total Gains Per Share--0.7620.7620%1.087-30%-0.909+219%2.934-74%
Usd Book Value--8821462000.0008821462000.0000%8577948000.000+3%8754536400.000+1%12252455900.000-28%
Usd Book Value Change Per Share--0.3130.3130%1.017-69%-1.141+465%1.318-76%
Usd Book Value Per Share--13.18313.1830%12.870+2%12.995+1%105.059-87%
Usd Dividend Per Share--0.4490.4490%0.070+542%0.233+93%1.615-72%
Usd Eps--0.8980.8980%0.263+241%0.772+16%-1.422+258%
Usd Free Cash Flow--69548000.00069548000.0000%582113000.000-88%-1500698400.000+2258%-722859500.000+1139%
Usd Free Cash Flow Per Share--0.1040.1040%0.873-88%-2.210+2226%-1.780+1813%
Usd Free Cash Flow To Equity Per Share---0.291-0.2910%-0.250-14%-3.120+972%-2.501+759%
Usd Market Cap1201968000.000-902%12045149244.00012045149244.0000%7998334656.000+51%8885682156.000+36%7027624858.804+71%
Usd Price Per Share18.0000%18.00018.0000%12.000+50%13.200+36%19.391-7%
Usd Profit--657477000.000657477000.0000%221358000.000+197%616841600.000+7%165691200.000+297%
Usd Revenue--5883735000.0005883735000.0000%3904984000.000+51%4159573600.000+41%7276614900.000-19%
Usd Total Gains Per Share--0.7620.7620%1.087-30%-0.909+219%2.934-74%
 EOD+0 -2MRQTTM+0 -0YOY+20 -145Y+29 -610Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Grindrod Ltd ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1520.039
Price to Book Ratio (EOD)Between0-11.365
Net Profit Margin (MRQ)Greater than00.112
Operating Margin (MRQ)Greater than00.080
Quick Ratio (MRQ)Greater than10.301
Current Ratio (MRQ)Greater than11.671
Debt to Asset Ratio (MRQ)Less than10.362
Debt to Equity Ratio (MRQ)Less than10.564
Return on Equity (MRQ)Greater than0.150.074
Return on Assets (MRQ)Greater than0.050.048
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Grindrod Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose18.000
Total0/1 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Net Working Capital  -1,224,665-682,480-1,907,145-2,244,699-4,151,844-384,784-4,536,6286,677,9612,141,333



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets13,829,498
Total Liabilities5,008,036
Total Stockholder Equity8,883,376
 As reported
Total Liabilities 5,008,036
Total Stockholder Equity+ 8,883,376
Total Assets = 13,829,498

Assets

Total Assets13,829,498
Total Current Assets5,331,675
Long-term Assets8,497,823
Total Current Assets
Cash And Cash Equivalents 2,605,514
Net Receivables 961,595
Inventory 38,827
Other Current Assets 974,805
Total Current Assets  (as reported)5,331,675
Total Current Assets  (calculated)4,580,741
+/- 750,934
Long-term Assets
Property Plant Equipment 2,317,937
Goodwill 302,838
Intangible Assets 53,840
Other Assets 1,626,905
Long-term Assets  (as reported)8,497,823
Long-term Assets  (calculated)4,301,520
+/- 4,196,303

Liabilities & Shareholders' Equity

Total Current Liabilities3,190,342
Long-term Liabilities1,817,694
Total Stockholder Equity8,883,376
Total Current Liabilities
Short Long Term Debt 710,231
Accounts payable 1,662,610
Other Current Liabilities 655,672
Total Current Liabilities  (as reported)3,190,342
Total Current Liabilities  (calculated)3,028,513
+/- 161,829
Long-term Liabilities
Long term Debt 1,196,691
Capital Lease Obligations Min Short Term Debt608,173
Other Liabilities 174,659
Long-term Liabilities  (as reported)1,817,694
Long-term Liabilities  (calculated)1,979,523
+/- 161,829
Total Stockholder Equity
Common Stock3,934,557
Retained Earnings 2,712,974
Other Stockholders Equity 2,235,845
Total Stockholder Equity (as reported)8,883,376
Total Stockholder Equity (calculated)8,883,376
+/-0
Other
Capital Stock3,934,557
Common Stock Shares Outstanding 669,175
Net Invested Capital 10,790,298
Net Tangible Assets 8,526,698
Net Working Capital 2,141,333
Property Plant and Equipment Gross 4,752,702



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
28,422,127
32,857,227
36,456,765
36,176,240
34,948,970
25,651,464
27,925,375
23,604,610
25,151,520
13,829,498
13,829,49825,151,52023,604,61027,925,37525,651,46434,948,97036,176,24036,456,76532,857,22728,422,127
   > Total Current Assets 
12,255,269
13,212,139
14,612,214
19,512,166
19,841,879
14,002,964
13,794,029
10,023,565
9,730,771
5,331,675
5,331,6759,730,77110,023,56513,794,02914,002,96419,841,87919,512,16614,612,21413,212,13912,255,269
       Cash And Cash Equivalents 
6,076,314
7,404,912
8,393,256
9,478,073
8,970,274
3,817,069
4,729,850
1,846,811
2,057,642
2,605,514
2,605,5142,057,6421,846,8114,729,8503,817,0698,970,2749,478,0738,393,2567,404,9126,076,314
       Short-term Investments 
763,243
705,355
605,254
1,801,065
1,763,875
2,843,541
2,961,485
2,284,018
3,623,026
0
03,623,0262,284,0182,961,4852,843,5411,763,8751,801,065605,254705,355763,243
       Net Receivables 
2,432,135
3,675,106
4,010,922
1,062,723
2,409,821
5,707,780
5,446,983
687,698
707,439
961,595
961,595707,439687,6985,446,9835,707,7802,409,8211,062,7234,010,9223,675,1062,432,135
       Inventory 
285,921
628,511
729,063
429,984
56,510
90,186
122,900
93,092
66,639
38,827
38,82766,63993,092122,90090,18656,510429,984729,063628,511285,921
       Other Current Assets 
2,697,656
798,255
747,231
0
7,551,715
1,409,597
432,063
367,034
65,000
974,805
974,80565,000367,034432,0631,409,5977,551,7150747,231798,2552,697,656
   > Long-term Assets 
0
0
0
16,664,074
11,970,343
12,860,610
13,577,517
13,948,079
15,420,749
8,497,823
8,497,82315,420,74913,948,07913,577,51712,860,61011,970,34316,664,074000
       Property Plant Equipment 
6,698,871
7,328,376
7,632,489
5,610,562
1,478,003
2,758,842
2,962,142
2,796,012
2,792,768
2,317,937
2,317,9372,792,7682,796,0122,962,1422,758,8421,478,0035,610,5627,632,4897,328,3766,698,871
       Goodwill 
481,540
1,280,016
1,299,503
829,497
571,281
572,837
654,414
579,423
436,456
302,838
302,838436,456579,423654,414572,837571,281829,4971,299,5031,280,016481,540
       Long Term Investments 
5,107,386
6,179,540
7,932,047
7,305,425
6,453,654
0
0
0
0
0
000006,453,6547,305,4257,932,0476,179,5405,107,386
       Intangible Assets 
78,223
329,630
304,656
231,310
139,628
129,138
118,447
97,634
71,337
53,840
53,84071,33797,634118,447129,138139,628231,310304,656329,63078,223
> Total Liabilities 
16,289,460
15,376,746
17,316,874
20,374,884
20,751,488
15,973,802
19,188,774
15,645,601
16,573,572
5,008,036
5,008,03616,573,57215,645,60119,188,77415,973,80220,751,48820,374,88417,316,87415,376,74616,289,460
   > Total Current Liabilities 
12,721,221
12,195,203
13,789,801
17,764,793
18,608,037
15,595,375
16,255,003
13,808,375
14,267,399
3,190,342
3,190,34214,267,39913,808,37516,255,00315,595,37518,608,03717,764,79313,789,80112,195,20312,721,221
       Short-term Debt 
4,353,902
4,788,429
4,359,545
3,337,573
2,123,339
0
0
0
0
0
000002,123,3393,337,5734,359,5454,788,4294,353,902
       Short Long Term Debt 
4,353,902
4,788,429
4,359,545
1,100,224
1,088,834
1,940,004
1,936,458
2,802,266
1,658,635
710,231
710,2311,658,6352,802,2661,936,4581,940,0041,088,8341,100,2244,359,5454,788,4294,353,902
       Accounts payable 
1,339,354
2,132,567
555,461
640,080
1,266,437
579,933
650,440
654,398
545,726
1,662,610
1,662,610545,726654,398650,440579,9331,266,437640,080555,4612,132,5671,339,354
       Other Current Liabilities 
10,034,430
7,835,905
10,540,751
0
16,252,766
12,269,595
12,749,418
9,662,823
11,375,722
655,672
655,67211,375,7229,662,82312,749,41812,269,59516,252,766010,540,7517,835,90510,034,430
   > Long-term Liabilities 
0
0
0
2,610,091
1,326,420
1,958,287
2,933,771
1,837,226
2,306,173
1,817,694
1,817,6942,306,1731,837,2262,933,7711,958,2871,326,4202,610,091000
       Capital Lease Obligations 
0
0
0
0
0
0
1,205,747
967,863
1,046,310
608,173
608,1731,046,310967,8631,205,747000000
       Long-term Liabilities Other 
0
0
0
0
0
-1
77,544
0
0
0
00077,544-100000
> Total Stockholder Equity
12,036,426
17,432,294
19,146,163
15,752,437
14,152,823
9,618,529
8,808,254
8,109,143
8,622,652
8,883,376
8,883,3768,622,6528,109,1438,808,2549,618,52914,152,82315,752,43719,146,16317,432,29412,036,426
   Common Stock
12
15
15
15
15
15
15
14
14
3,934,557
3,934,557141415151515151512
   Retained Earnings 
8,055,520
8,853,554
7,174,992
5,217,482
4,639,988
3,912,258
3,156,208
2,622,984
2,808,394
2,712,974
2,712,9742,808,3942,622,9843,156,2083,912,2584,639,9885,217,4827,174,9928,853,5548,055,520
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
1,943,914
2,595,816
6,000,444
4,563,234
3,520,079
1,540,914
1,468,632
1,535,732
1,885,547
2,235,845
2,235,8451,885,5471,535,7321,468,6321,540,9143,520,0794,563,2346,000,4442,595,8161,943,914



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue5,883,735
Cost of Revenue--
Gross Profit-5,883,735
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income618,8130
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense-0
 
Net Interest Income (+$)
Interest Income141,487
Interest Expense-218,024
Other Finance Cost-76,537
Net Interest Income-
 
Pretax Income (+$)
Operating Income618,813
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,177,882618,813
EBIT - interestExpense = 249,806
1,005,341
875,501
Interest Expense218,024
Earnings Before Interest and Taxes (EBIT)467,8301,395,906
Earnings Before Interest and Taxes (EBITDA)1,895,506
 
After tax Income (+$)
Income Before Tax1,177,882
Tax Provision-347,864
Net Income From Continuing Ops830,018830,018
Net Income657,477
Net Income Applicable To Common Shares601,081
 
Non-recurring Events
Discontinued Operations-175,153
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses4,662,453
Total Other Income/Expenses Net-0
 

Technical Analysis of Grindrod
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Grindrod. The general trend of Grindrod is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Grindrod's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Grindrod Ltd ADR.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 18.00 < 18.00 < 18.00.

The bearish price targets are: 18.00 > 18.00 > 18.00.

Tweet this
Grindrod Ltd ADR Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Grindrod Ltd ADR. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Grindrod Ltd ADR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Moving Average Convergence/Divergence (MACD) ChartGrindrod Ltd ADR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Grindrod Ltd ADR. The current adx is .

Grindrod Ltd ADR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Relative Strength Index (RSI) ChartGrindrod Ltd ADR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Stochastic Oscillator ChartGrindrod Ltd ADR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Commodity Channel Index (CCI) ChartGrindrod Ltd ADR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Chande Momentum Oscillator (CMO) ChartGrindrod Ltd ADR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Williams %R ChartGrindrod Ltd ADR Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Average True Range (ATR) ChartGrindrod Ltd ADR Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily On-Balance Volume (OBV) ChartGrindrod Ltd ADR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Grindrod Ltd ADR.

Grindrod Ltd ADR Daily Money Flow Index (MFI) ChartGrindrod Ltd ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Grindrod Ltd ADR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Grindrod Ltd ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Grindrod Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose18.000
Total0/1 (0.0%)
Penke

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