Grindrod Shipping Holdings Ltd.

Grindrod Shipping Holdings Ltd.verified

GRIN

Price:

$14.2

Market Cap:

$279.54M

Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 32 vessels consisting of 24 owned dry bulk carriers and 7 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates one owned tanker, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining ...[Read more]

Industry

Marine Shipping

IPO Date

2018-06-18

Stock Exchange

NASDAQ

Ticker

GRIN

The ROE as of December 2024 (TTM) for Grindrod Shipping Holdings Ltd. (GRIN) is -1.96%

According to Grindrod Shipping Holdings Ltd.’s latest financial reports and current stock price. The company's current ROE is -1.96%. This represents a change of 118.59% compared to the average of -0.90% of the last 4 quarters.

Grindrod Shipping Holdings Ltd. (GRIN) Historical ROE (quarterly & annually)

How has GRIN ROE performed in the past?

The mean historical ROE of Grindrod Shipping Holdings Ltd. over the last ten years is -2.72%. The current -1.96% ROE has changed -27.73% with respect to the historical average. Over the past ten years (40 quarters), GRIN's ROE was at its highest in in the December 2021 quarter at 16.52%. The ROE was at its lowest in in the September 2017 quarter at -8.42%.

Quarterly (TTM)
Annual

Average

-2.72%

Median

-12.04%

Minimum

-22.64%

Maximum

37.21%

Grindrod Shipping Holdings Ltd. (GRIN) ROE by Quarter and Year

Discovering the peaks and valleys of Grindrod Shipping Holdings Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 92.70%

Maximum Annual ROE = 37.21%

Minimum Annual Increase = -292.13%

Minimum Annual ROE = -22.64%

Quarterly (TTM)
Annual
YearROEChange
2023-3.91%-110.87%
202235.96%-3.35%
202137.21%-292.13%
2020-19.37%42.41%
2019-13.60%92.70%
2018-7.06%-62.90%
2017-19.02%58.00%
2016-12.04%-46.83%

Grindrod Shipping Holdings Ltd. (GRIN) Average ROE

How has GRIN ROE performed in the past?

The current ROE of Grindrod Shipping Holdings Ltd. (GRIN) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

23.09%

5-year avg

7.26%

10-year avg

-2.72%

Grindrod Shipping Holdings Ltd. (GRIN) ROE vs. Peers

How is GRIN’s ROE compared to its peers?

Grindrod Shipping Holdings Ltd.’s ROE is less than Eagle Bulk Shipping Inc. (3.24%), less than Star Bulk Carriers Corp. (14.50%), less than Golden Ocean Group Limited (12.54%), less than Global Ship Lease, Inc. (25.43%), less than Diana Shipping Inc. (2.50%), less than Genco Shipping & Trading Limited (7.46%), less than Danaos Corporation (17.60%), less than Matson, Inc. (16.89%), less than Himalaya Shipping Ltd. (15.74%), less than Cool Company Ltd. (12.44%), less than Costamare Inc. (15.90%), greater than Eneti Inc. (-4.76%), less than Kirby Corporation (9.43%),

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