Grindrod Financials
| GND Stock | 1,233 3.00 0.24% |
Grindrod |
Understanding current and past Grindrod Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Grindrod's financial statements are interrelated, with each one affecting the others. For example, an increase in Grindrod's assets may result in an increase in income on the income statement.
Please note, the presentation of Grindrod's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Grindrod's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Grindrod's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000072328 |
| Business Address | Grindrod House, Durban, |
| Sector | Industrials |
| Industry | Integrated Freight & Logistics |
| Benchmark | Dow Jones Industrial |
| Website | www.grindrod.com |
| Phone | 27 31 304 1451 |
You should never invest in Grindrod without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Grindrod Stock, because this is throwing your money away. Analyzing the key information contained in Grindrod's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Grindrod Key Financial Ratios
There are many critical financial ratios that Grindrod's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Grindrod reports annually and quarterly.| Return On Equity | 0.13 | |||
| Return On Asset | 0.0151 | |||
| Target Price | 9.46 | |||
| Beta | 1.13 | |||
| Z Score | 1.2 |
Grindrod Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grindrod's current stock value. Our valuation model uses many indicators to compare Grindrod value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grindrod competition to find correlations between indicators driving Grindrod's intrinsic value. More Info.Grindrod is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Grindrod is roughly 8.44 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Grindrod's earnings, one of the primary drivers of an investment's value.Grindrod Systematic Risk
Grindrod's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Grindrod volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Grindrod correlated with the market. If Beta is less than 0 Grindrod generally moves in the opposite direction as compared to the market. If Grindrod Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Grindrod is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Grindrod is generally in the same direction as the market. If Beta > 1 Grindrod moves generally in the same direction as, but more than the movement of the benchmark.
Grindrod January 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Grindrod help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Grindrod. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grindrod based on widely used predictive technical indicators. In general, we focus on analyzing Grindrod Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grindrod's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 10.09 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.35 |
Complementary Tools for Grindrod Stock analysis
When running Grindrod's price analysis, check to measure Grindrod'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 is operating at the current time. Most of Grindrod's value examination focuses on studying past and present price action to predict the probability of Grindrod'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's price. Additionally, you may evaluate how the addition of Grindrod to your portfolios can decrease your overall portfolio volatility.
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