GR1T — Grit Real Estate Income Share Price
Last trade - 00:00- £98.99m
- £476.92m
- $56.25m
- 43
- 83
- 24
- 46
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 4.22 | ||
| PEG Ratio (f) | 0.08 | ||
| EPS Growth (f) | 118.12% | ||
| Dividend Yield (f) | 23.67% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.4 | ||
| Price to Tang. Book | 0.41 | ||
| Price to Free Cashflow | 4.22 | ||
| Price to Sales | 2.13 | ||
| EV to EBITDA | 24.61 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 2.96% | ||
| Return on Equity | -14.13% | ||
| Operating Margin | 39.47% | ||
Financial Summary
| Year End 30th Jun | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 42.73 | 48.53 | 49.22 | 51.94 | 56.25 | 84.49 | 95.33 | 11.1% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | -31.8 | n/a | n/a | n/a | n/a | n/a | +36.96 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Grit Real Estate Income Group Limited is a Mauritius-based real estate company. The Company is focused on real estate investment assets in pre-selected African countries, except South Africa. The Company is focused on investing in, developing and managing a diversified portfolio of assets underpinned by predominantly United States Dollar and Euro-denominated long-term leases with multi-national tenants. Its portfolio consists of various property sectors, including office, retail, hospitality, light industrial and corporate accommodation. The Company’s properties are located across various countries, such as Mauritius, Mozambique, Morocco, Kenya, Zambia, Ghana, Botswana, Mali, Nigeria, Ethiopia, Uganda, and Senegal. Its property portfolio comprises a total of 59 assets, out of which 24 properties are held in Letlole La Rona in Botswana. The Company's subsidiaries include Grit Services Limited, Grit West Africa Limited, HM&K Properties Limited, and IDC Kenya Investments Limited.
Directors
- Peter Mcallister Todd NEC (61)
- Bronwyn Corbett CEO (40)
- Leon van de Moortele CFO (46)
- Moira Van Der Westhuizen COO
- Darren Veenhuis OTH
- Shabnam Bundhoo OTH
- Debra Kippen OTH
- Adam Nisbet OTH
- Andries Smit OTH
- Jaco van Zyl OTH
- Nomfundo Radebe NED (44)
- Jonathan Crichton NID (66)
- Samuel Jonah NID (72)
- Cross Kgosidiile NID (52)
- David Love NID (56)
- Catherine Mcllraith NID (57)
- Last Annual
- June 30th, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- February 4th, 2021
- Public Since
- July 31st, 2018
- No. of Employees
- 157
- Sector
- Real Estate Operations
- Industry
- Financials
- Exchange
- London Stock Exchange
- Shares in Issue
- 494,945,557
- Address
- 3Rd Floor, La Croisette Shopping Mall, GRAND BAY, 31301
- Web
- https://grit.group/
- Phone
- +230 2697090
- Auditors
- PricewaterhouseCoopers LLP
Latest News for GR1T
Upcoming Events for GR1T
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FAQ
As of Today at 19:09 UTC, shares in Grit Real Estate Income are trading at 20.00p. This share price information is delayed by 15 minutes.
Shares in Grit Real Estate Income last closed at 20.00p and the price had moved by -39.39% over the past 365 days. In terms of relative price strength the Grit Real Estate Income share price has underperformed the FTSE All Share Index by -40.44% over the past year.
The overall consensus recommendation for Grit Real Estate Income is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Grit Real Estate Income dividend yield is 6.02% based on the trailing twelve month period.
Last year, Grit Real Estate Income paid a total dividend of $0.02, and it currently has a trailing dividend yield of 6.02%.Looking ahead, the next dividend pay date is 2024-05-15.
We do not have data on when Grit Real Estate Income is to next pay dividends. The historic dividend yield on Grit Real Estate Income shares is currently 6.02%.
To buy shares in Grit Real Estate Income you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of 20.00p, shares in Grit Real Estate Income had a market capitalisation of £98.99m.
Here are the trading details for Grit Real Estate Income:
- Country of listing: United Kingdom
- Exchange: LSE
- Ticker Symbol: GR1T
Based on an overall assessment of its quality, value and momentum Grit Real Estate Income is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Grit Real Estate Income is 49.40p. That is 147.01% above the last closing price of 20.00p.
Analysts covering Grit Real Estate Income currently have a consensus Earnings Per Share (EPS) forecast of $0.05 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Grit Real Estate Income. Over the past six months, its share price has underperformed the FTSE All Share Index by -41.89%.
As of the last closing price of 20.00p, shares in Grit Real Estate Income were trading -20.72% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Grit Real Estate Income PE ratio based on its reported earnings over the past 12 months is 4.22. The shares last closed at 20.00p.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Grit Real Estate Income's management team is headed by:
- Peter Mcallister Todd - NEC
- Bronwyn Corbett - CEO
- Leon van de Moortele - CFO
- Moira Van Der Westhuizen - COO
- Darren Veenhuis - OTH
- Shabnam Bundhoo - OTH
- Debra Kippen - OTH
- Adam Nisbet - OTH
- Andries Smit - OTH
- Jaco van Zyl - OTH
- Nomfundo Radebe - NED
- Jonathan Crichton - NID
- Samuel Jonah - NID
- Cross Kgosidiile - NID
- David Love - NID
- Catherine Mcllraith - NID