Grindrod (GND) Stock Overview
Engages in the logistics services business in the Middle East, Singapore, Asia, the Far East, Australia, South Africa, and Rest of Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
No risks detected for GND from our risk checks.
GND Community Fair Values
Create NarrativeSee what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Grindrod Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R25.71 |
| 52 Week High | R28.35 |
| 52 Week Low | R14.77 |
| Beta | 0.43 |
| 1 Month Change | 6.99% |
| 3 Month Change | -2.28% |
| 1 Year Change | 62.82% |
| 3 Year Change | 138.06% |
| 5 Year Change | 458.91% |
| Change since IPO | 2,470.96% |
Recent News & Updates
Narrative Update • Sep 08
GND: Higher P/E And Dividend Outlook Will Support Future Upside
Analysts have lifted their price target for Grindrod from ZAR27.00 to ZAR29.50, reflecting updated views on fair value, discount rate assumptions, and modest adjustments to revenue growth, profit margin, and future P/E expectations. What's in the News for Grindrod Grindrod declared a gross interim ordinary dividend of ZAR0.243 per share for the six months ended 30 June 2025, with a net dividend of ZAR0.1944 per share for shareholders who are not exempt from dividends tax.Narrative Update • Jul 14
GND: New Major Holder And Higher P/E Will Cap Future Upside
Analysts have revised their price target for Grindrod to ZAR27.00 from ZAR22.30, reflecting updated assumptions around profit margins and future P/E multiples, while keeping the discount rate and revenue growth expectations broadly similar. What's in the News for Grindrod Coronation Asset Management Proprietary Ltd.Recent updates
Narrative Update • Sep 08
GND: Higher P/E And Dividend Outlook Will Support Future Upside
Analysts have lifted their price target for Grindrod from ZAR27.00 to ZAR29.50, reflecting updated views on fair value, discount rate assumptions, and modest adjustments to revenue growth, profit margin, and future P/E expectations. What's in the News for Grindrod Grindrod declared a gross interim ordinary dividend of ZAR0.243 per share for the six months ended 30 June 2025, with a net dividend of ZAR0.1944 per share for shareholders who are not exempt from dividends tax.Narrative Update • Jul 14
GND: New Major Holder And Higher P/E Will Cap Future Upside
Analysts have revised their price target for Grindrod to ZAR27.00 from ZAR22.30, reflecting updated assumptions around profit margins and future P/E multiples, while keeping the discount rate and revenue growth expectations broadly similar. What's in the News for Grindrod Coronation Asset Management Proprietary Ltd.Narrative Update • Jun 22
GND: New Major Holder Will Sustain Rich Pricing And Limit Upside
Analysts have kept their ZAR based price target for Grindrod broadly unchanged at around ZAR22.30, reflecting consistent views on fair value, discount rate, revenue growth, profit margins and future P/E assumptions. What's in the News Coronation Asset Management Proprietary Ltd.Narrative Update • Jun 06
GND: New Shareholder Entry Will Sustain Rich Pricing And Cap Near-Term Upside
Analysts have kept their ZAR fair value estimate for Grindrod steady at about ZAR22.30 per share, with only marginal technical adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Coronation Asset Management Proprietary Ltd.Narrative Update • May 10
GND: Strong EPS Guidance And New Shareholder Support Will Shape Balanced Returns
Grindrod’s analyst price target has been revised to ZAR22.30 per share, with analysts attributing this updated view to a slightly lower discount rate and marginally reduced forward P/E assumptions. What's in the News Coronation Asset Management Proprietary Ltd.Narrative Update • Apr 21
GND: Strong 2025 EPS Guidance Will Support Balanced Medium Term Return Potential
Analysts have kept their ZAR price target for Grindrod broadly in line with prior views. The updated fair value holds at about ZAR22.30, as small model refinements to the discount rate, revenue growth outlook, profit margin assumptions and future P/E result in a largely unchanged valuation picture.Narrative Update • Apr 05
GND: Strong 2025 EPS Guidance Will Support Further Upside Potential
Grindrod's analyst price target has been adjusted slightly lower to ZAR22.30 from ZAR22.70, reflecting analysts' fine tuning of fair value and P/E assumptions rather than a change in the core outlook. What's in the News Grindrod issued earnings guidance for the year ending 31 December 2025, giving a clearer view of expected profitability for the period (company guidance).Narrative Update • Mar 22
GND: Strong 2025 EPS Guidance Will Support Further Upside Potential
Analysts have updated their view on Grindrod with a refreshed price target of ZAR22.70 per share, reflecting revised assumptions for profit margins, revenue growth and future P/E expectations. What's in the News Grindrod issued earnings guidance for the year ending 31 December 2025, setting an expected EPS range of 306.3 to 313.8 cents.Narrative Update • Mar 08
GND: Strong 2025 Earnings Guidance Will Support Further Upside Potential
Analysts have kept their ZAR price target for Grindrod broadly steady at around ZAR22.00, as a slightly higher discount rate and future P/E assumptions offset softer revenue growth and profit margin expectations in their updated models. What's in the News Grindrod issued earnings guidance for the year ending 31 December 2025, giving the market more clarity on expected performance for the period.Narrative Update • Feb 21
GND: Earnings Guidance Surge Will Support Future Upside Potential
Analysts have kept their ZAR fair value estimate for Grindrod unchanged at around ZAR22.00 per share, citing only small tweaks to assumptions such as discount rate, revenue growth, profit margin and expected future P/E as the basis for maintaining their price view. What's in the News Grindrod issued earnings guidance for the year ending 31 December 2025, giving the market a clearer view of management expectations for the next reporting period (Key Developments).Narrative Update • Feb 07
GND: Steady Assumptions And Discount Rate Shift Will Support Future Upside Potential
Analysts have kept their price target for Grindrod steady at R22.00, citing largely unchanged assumptions on revenue growth, profit margins and future P/E, along with a slightly adjusted discount rate in their valuation work. Valuation Changes Fair Value: Fair value per share is kept unchanged at R22.00.Narrative Update • Jan 24
GND: Stable Assumptions And Steady Fair Value Will Support Future Upside Potential
Analysts have kept their fair value estimate for Grindrod steady at R22.00 per share, attributing this to only very small tweaks in their discount rate, revenue growth, profit margin and future P/E assumptions that do not materially change the overall valuation story. Valuation Changes Fair Value: Kept unchanged at R22.00 per share, with the updated figure aligned to R22.0. Discount Rate: Adjusted slightly from 17.259717% to 17.26525614083472%, reflecting a very small change in the required return assumption.Narrative Update • Jan 08
GND: Upcoming CEO Transition And Stable Assumptions Will Support Upside Potential
Analysts have kept their fair value estimate for Grindrod steady at R22.00. A slightly lower discount rate and a marginally reduced future P/E assumption support the updated price target narrative.Narrative Update • Dec 24
GND: New Leadership And Lower Risk Profile Will Support Upside Potential
Analysts have raised their price target on Grindrod from R18.50 to R22.00, citing a lower perceived risk profile reflected in a reduced discount rate, slightly more resilient margin expectations, and support from a richer projected earnings multiple despite marginally softer long term revenue growth assumptions. What's in the News Grindrod Limited appointed Kwazi Mabaso as CEO, effective 1 December 2025, succeeding Xolani Mbambo after a comprehensive external search process (Key Developments).Narrative Update • Aug 30
Maputo Port Upgrades And Richards Bay Expansion Will Improve Future Capacity
Grindrod’s consensus price target has been raised to ZAR18.50, reflecting modest improvements in both net profit margin and future P/E ratio. What's in the News Xolani Mbambo is stepping down as Group Chief Executive Officer of Grindrod Limited effective 31 December 2025.
New Narrative • Feb 09
Maputo Port Upgrades And Richards Bay Expansion Will Improve Future Capacity
Redeploying locomotives and infrastructure investments in South Africa could enhance asset utilization, revenue, and future earnings.Shareholder Returns
| GND | ZA Infrastructure | ZA Market | |
|---|---|---|---|
| 7D | 1.1% | -1.1% | -1.0% |
| 1Y | 62.8% | 3.8% | 9.2% |
Return vs Industry: GND exceeded the ZA Infrastructure industry which returned 3.8% over the past year.
Return vs Market: GND exceeded the ZA Market which returned 9.2% over the past year.
Price Volatility
| GND volatility | |
|---|---|
| GND Average Weekly Movement | 4.9% |
| Infrastructure Industry Average Movement | 4.9% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in ZA Market | 10.9% |
| 10% least volatile stocks in ZA Market | 2.6% |
Stable Share Price: GND has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: GND's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1910 | n/a | Kwazi Mabaso | www.grindrod.com |
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.
Grindrod Limited Fundamentals Summary
| GND fundamental statistics | |
|---|---|
| Market cap | R17.16b |
| Earnings (TTM) | R1.20b |
| Revenue (TTM) | R6.01b |
14.3x
P/E Ratio2.9x
P/S RatioIs GND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GND income statement (TTM) | |
|---|---|
| Revenue | R6.01b |
| Cost of Revenue | R3.78b |
| Gross Profit | R2.23b |
| Other Expenses | R1.03b |
| Earnings | R1.20b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.80 |
| Gross Margin | 37.06% |
| Net Profit Margin | 19.97% |
| Debt/Equity Ratio | 17.4% |
How did GND perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield28%
Payout RatioDoes GND pay a reliable dividends?
See GND dividend history and benchmarks| Grindrod dividend dates | |
|---|---|
| Ex Dividend Date | Sep 09 2026 |
| Dividend Pay Date | Sep 14 2026 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 1 day |
Does GND pay a reliable dividends?
See GND dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/13 03:29 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Grindrod Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mpho Mokotso | Avior Capital Markets |
| Kenneth Hearn | Barclays |
| Rowan Goeller | Chronux Research |