Grindrod

Grindrod

GND · JSE · Industrials / Integrated Freight & Logistics

2,732.00ZAC-12.00 (-0.44%)

Price History

Full chart

Market Stats

Previous Close2,744.00
Open2,754.00
Day Range2,719.00 – 2,774.00
52-Week Range1,507.00 – 3,030.00
Volume558.21K
Market Cap18.03B
P/E (TTM)15.00
Forward P/E10.88
EPS1.80
Dividend Yield1.83%
Beta0.43
50-Day Avg2,610.88
200-Day Avg2,236.95

About

Grindrod Limited, together with its subsidiaries, engages in the logistics services business in the Middle East, Singapore, Asia, the Far East, Australia, South Africa, and Rest of Africa. The company operates through Ports and Terminals; Logistics; Group; Private Equity and Property; and Marine Fuels segments. It engages in the provision of logistics solution for mining, agricultural, new energy commodities and project cargo; import and export solutions; and financing, constructing, rehabilitating, operating, and maintaining the ports. The company also provides dry bulk services, such as storage, cargo flow management, ship loading or discharging, stevedoring, clearing and forwarding, stock management, and rail scheduling; and car terminal services, including terminal handling, stevedoring, tallying, inspection and vehicle surveys, preservation, storage and managing of project cargo, and other value-added services. In addition, it offers cross dock and bonded warehousing solutions comprising containerization of bulk commodities, empty and full container depots, sales of gensets to the reefer market, container packing and unpacking, cargo handling, storage and distribution, and customs services; container depot services storage and handling of empty marine containers, mechanical and structural container repairs, cold treatment preparation for reefer containers, warranty repairs on reefer equipment, washing and cleaning of containers, empty container transport, gassing of containers, CA preparations - STERI preparations, port monitoring / on-board monitoring, reefer services, parts sales, and bonded and duty paid warehousing; ships agency and marine technical services; clearing and forwarding; and border and project logistics. Further, the company provides rail freight broking and consultancy and rolling stock advice and maintenance; road haulage services; seafreight; and air freight solutions. The company was founded in 1910 and is based in Durban, South Africa.

Company Details

  • SectorIndustrials
  • IndustryIntegrated Freight & Logistics
  • CEOMr. Kwazi Mabaso
  • Employees4.00K
  • HeadquartersGrindrod House, Durban, South Africa, 4001, South Africa
  • Websitehttps://www.grindrod.com

Leadership

  • Mr. Kwazi MabasoChief Executive Officer & Executive Director · b. 1982
  • Ms. Fathima Ally C.A.CFO & Executive Director · b. 1981
  • Alison BriggsPublic Relations & Marketing Manager
  • Ms. Vicky CommailleGroup Company Secretary
  • Reshmee SoniInvestor Relations

Financials

Income Statement

Currency: ZAR2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.97B7.45B12.51B17.08B33.74B27.69B30.20B35.89B27.26B15.66B13.91B10.19B9.03B3.06B3.42B3.83B3.75B3.42B5.88B4.85B4.98B5.56B
Growth (%)-+150.45%+67.90%+36.54%+97.55%-17.92%+9.07%+18.81%-24.03%-42.55%-11.17%-26.74%-11.39%-66.13%+11.90%+12.00%-2.17%-8.90%+72.17%-17.64%+2.70%+11.70%
Cost of Revenue2.19B---25.84B22.13B--412.43M12.92B10.58B6.95B6.61B1.10B193.28M3.00B2.74B1.83B3.20B3.28B4.92B3.54B
Gross Profit781.43M7.45B12.51B17.08B7.90B5.56B30.20B35.89B26.85B2.74B3.33B3.24B2.42B1.96B3.23B834.19M1.01B1.59B2.68B1.56B56.29M2.02B
Gross Margin26.27%100.00%100.00%100.00%23.40%20.09%100.00%100.00%98.49%17.48%23.94%31.81%26.77%64.02%94.35%21.76%26.91%46.53%45.55%32.24%1.13%36.39%
Operating Expense197.78M6.52B11.38B15.71B5.11B4.42B29.24B35.24B26.31B2.31B2.71B2.82B2.53B1.53B2.78B307.09M1.20B1.24B2.21B136.32M-498.25M1.00B
Operating Income583.65M925.64M1.13B1.37B2.79B1.14B963.66M642.56M541.39M423.58M618.87M423.42M-114.74M426.14M452.12M527.11M-192.71M345.76M467.83M1.43B554.54M1.02B
Operating Margin19.62%12.43%9.00%8.00%8.26%4.13%3.19%1.79%1.99%2.70%4.45%4.15%-1.27%13.93%13.21%13.75%-5.14%10.12%7.95%29.43%11.14%18.32%
EBITDA720.28M1.12B1.33B1.70B3.00B1.61B1.32B1.24B1.30B187.74M546.15M-234.67M911.21M491.64M846.97M358.43M255.59M845.02M1.31B1.15B958.06M1.45B
EBITDA Margin24.22%15.01%10.67%9.93%8.90%5.81%4.38%3.44%4.76%1.20%3.93%-2.30%10.09%16.07%24.74%9.35%6.81%24.73%22.22%23.70%19.25%26.03%
Net Income546.19M866.43M1.07B1.27B2.27B953.43M845.08M596.72M910.56M1.23B1.06B-1.37B-1.84B-515.05M2.91B365.36M-363.98M221.36M657.48M1.06B390.27M2.14B
Net Income Margin18.36%11.63%8.57%7.45%6.73%3.44%2.80%1.66%3.34%7.87%7.62%-13.40%-20.37%-16.83%85.03%9.53%-9.70%6.48%11.17%21.92%7.84%38.48%
Interest Expense100.33M140.64M137.24M239.85M314.07M252.69M196.68M218.65M227.40M222.89M216.62M220.73M133.58M97.85M85.45M299.20M326.29M235.09M218.02M219.97M279.01M302.39M
Interest Expense % of Total Revenue3.37%1.89%1.10%1.40%0.93%0.91%0.65%0.61%0.83%1.42%1.56%2.17%1.48%3.20%2.50%7.80%8.70%6.88%3.71%4.54%5.61%5.44%

Balance Sheet

Currency: ZAR2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.64B4.98B7.27B9.93B13.98B12.63B14.25B20.43B22.07B28.42B32.80B36.46B36.18B34.95B25.65B27.93B23.60B25.15B13.83B14.57B14.76B16.13B
Total Liabilities1.80B3.03B4.45B6.49B7.21B6.79B8.28B11.12B11.83B16.29B15.32B17.32B20.37B20.75B15.97B19.19B15.65B16.57B5.01B4.69B4.89B6.43B
Total Equity833.32M1.94B2.82B3.38B6.71B5.74B5.86B9.22B10.11B12.04B17.43B19.15B15.75B14.15B9.62B8.81B8.11B8.62B8.88B9.93B9.92B9.65B
Cash345.65M655.46M1.07B1.25B2.40B1.92B1.93B2.98B4.23B6.08B7.40B8.39B9.48B8.97B3.82B4.73B1.85B2.06B2.61B2.11B1.45B3.92B
Total Debt973.76M1.53B1.83B2.31B1.74B3.82B5.54B7.29B5.02B4.35B4.79B4.36B3.33B2.10B3.59B4.53B4.50B3.86B2.52B2.62B2.79B3.22B
Net Debt628.11M878.44M763.43M1.05B-667.20M1.90B3.61B4.31B796.89M-1.72B-2.62B-4.03B-6.15B-6.87B-229.97M-201.58M473.82M1.80B-90.42M516.95M1.34B-699.09M

Cash Flow

Currency: ZAR2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow589.20M1.04B550.21M931.22M3.47B-61.44M-658.60M-1.00B1.53B2.72B199.62M2.83B2.20B424.80M-6.08B337.29M-1.77B1.04B1.20B876.85M194.94M1.65B
Investing Cash Flow-459.96M-1.69B-415.61M-1.11B-1.83B-535.54M-622.60M6.46M-635.49M-1.54B-1.19B-1.14B-780.16M-299.31M-448.56M92.17M-276.07M262.04M82.42M-773.44M-1.02B1.17B
Financing Cash Flow-52.76M725.12M218.93M171.66M-640.84M558.98M621.81M3.00B482.90M674.05M2.00B-927.45M-271.30M245.79M197.56M-298.80M-832.40M-748.95M-637.52M-530.74M86.96M-895.58M
Capital Expenditure558.96M787.43M881.52M1.49B1.83B395.38M375.22M323.40M967.19M725.04M438.18M391.07M258.87M149.90M350.86M139.46M145.92M412.81M564.29M702.20M420.70M257.21M
Free Cash Flow30.23M250.51M-331.31M-560.73M1.65B-456.82M-1.03B-1.33B559.90M2.00B-238.55M2.44B1.94B274.90M-6.43B197.83M-1.92B629.84M632.96M174.65M-225.76M1.39B
Dividends Paid81.96M-------238.18M259.67M265.40M355.58M113.50M76.80M71.12M205.78M159.22M46.58M673.45M446.36M484.17M171.44M
FCF to OCF5.13%24.14%-60.22%-60.21%47.43%743.53%156.97%132.25%36.66%73.39%-119.50%86.17%88.21%64.71%105.77%58.65%108.22%60.41%52.87%19.92%-115.81%84.43%
Dividend Paid to FCF271.09%-------42.54%12.99%-111.26%14.59%5.86%27.94%-1.11%104.02%-8.29%7.40%106.40%255.57%-214.46%12.29%

Key Statistics & Ratios

Market Cap18.03B
Enterprise Value18.91B
Trailing P/E15.00
Forward P/E10.88
PEG Ratio99.98
Price / Sales3.00
Price / Book2.00
EPS1.80
Book Value14.53
Revenue (TTM)6.01B
Gross Profit (TTM)2.23B
EBITDA1.76B
Profit Margin21.09%
Operating Margin21.74%
Return on Equity13.00%
Return on Assets5.17%
Shares Outstanding667.60M
Shares Float561.39M
Beta0.43
Dividend Yield1.83%
Dividend Rate0.50
Payout Ratio26.81%

Dividends

20231×
22.20Mar 22, 2023
20223×
55.90Dec 13, 202217.20Sep 21, 202220.10Mar 23, 2022
20201×
14.20Mar 25, 2020
20192×
5.00Sep 11, 201914.60Mar 27, 2019
20161×
3.43Mar 17, 2016
20152×
7.77Sep 14, 201511.43Mar 16, 2015
20142×
7.77Sep 15, 20149.77Mar 14, 2014
20132×
11.43Sep 20, 20130.85Mar 15, 2013
20122×
10.00Sep 10, 20126.86Mar 26, 2012
20112×
9.99Sep 5, 201115.41Mar 14, 2011
20102×
15.41Sep 6, 201017.13Mar 8, 2010
20092×
17.13Sep 7, 200938.82Mar 16, 2009
20082×
38.82Sep 8, 200825.12Mar 10, 2008

Stock Splits

  • Oct 17, 20111351:1350
  • Oct 31, 20055:1
  • Sep 2, 1996552:545