Granite Real Estate Stock Buy Hold or Sell Recommendation
| GRP-UN Stock | USD 52.83 0.04 0.08% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Granite Real Estate is 'Strong Sell'. The recommendation algorithm takes into account all of Granite Real's available fundamental, technical, and predictive indicators you will find on this site.
Check out Granite Real Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Granite and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Granite Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Granite |
Execute Granite Real Buy or Sell Advice
The Granite recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Granite Real Estate. Macroaxis does not own or have any residual interests in Granite Real Estate or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Granite Real's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Granite Real Trading Alerts and Improvement Suggestions
| Granite Real Estate generated a negative expected return over the last 90 days | |
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Granite Real Estate Announces November 2024 Distribution - TipRanks |
Granite Real Returns Distribution Density
The distribution of Granite Real's historical returns is an attempt to chart the uncertainty of Granite Real's future price movements. The chart of the probability distribution of Granite Real daily returns describes the distribution of returns around its average expected value. We use Granite Real Estate price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Granite Real returns is essential to provide solid investment advice for Granite Real.
| Mean Return | 0.02 | Value At Risk | -5.71 | Potential Upside | 4.93 | Standard Deviation | 2.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Granite Real historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Granite Real Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (359.6M) | 532.6M | (428.8M) | (267.4M) | (18.9M) | (18.0M) | |
| Free Cash Flow | 153.0M | 179.0M | 261.7M | 276.7M | 312.9M | 328.5M | |
| Depreciation | 906K | 1.2M | 1.3M | 1.6M | 1.3M | 1.2M | |
| Other Non Cash Items | (247.0M) | (280.6M) | (1.3B) | 184.0M | 177.4M | 186.2M | |
| Capital Expenditures | 30.5M | 65.3M | 589K | 807K | 285K | 270.8K | |
| Net Income | 382.3M | 429.9M | 1.3B | 155.8M | 138.5M | 196.6M | |
| End Period Cash Flow | 298.7M | 831.3M | 402.5M | 135.1M | 116.1M | 110.3M | |
| Dividends Paid | 150.6M | 163.1M | 191.1M | 202.3M | 203.9M | 104.8M | |
| Investments | (876.1M) | (1.1B) | (1.0B) | (766.6M) | (128.1M) | (134.5M) | |
| Net Borrowings | (598K) | 993.5M | 243.4M | 565.9M | 650.7M | 331.5M | |
| Change To Netincome | (202.9M) | (209.9M) | (1.1B) | 113.8M | 102.4M | 107.5M |
Granite Real Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Granite Real or Real Estate Management & Development sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Granite Real's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Granite stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 2.72 | |
Ir | Information ratio | -0.04 |
Granite Real Volatility Alert
Granite Real Estate currently demonstrates below-average downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of -0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Granite Real's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Granite Real's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Granite Real Fundamentals Vs Peers
Comparing Granite Real's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Granite Real's direct or indirect competition across all of the common fundamentals between Granite Real and the related equities. This way, we can detect undervalued stocks with similar characteristics as Granite Real or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Granite Real's fundamental indicators could also be used in its relative valuation, which is a method of valuing Granite Real by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Granite Real to competition |
| Fundamentals | Granite Real | Peer Average |
| Return On Equity | 0.057 | -0.31 |
| Return On Asset | 0.0283 | -0.14 |
| Profit Margin | 0.56 % | (1.27) % |
| Operating Margin | 0.75 % | (5.51) % |
| Current Valuation | 5.46 B | 16.62 B |
| Shares Outstanding | 62.74 M | 571.82 M |
| Shares Owned By Insiders | 0.31 % | 10.09 % |
| Shares Owned By Institutions | 72.96 % | 39.21 % |
| Number Of Shares Shorted | 174.2 K | 4.71 M |
| Price To Book | 0.85 X | 9.51 X |
| Price To Sales | 6.02 X | 11.42 X |
| Revenue | 521.25 M | 9.43 B |
| Gross Profit | 380.36 M | 27.38 B |
| EBITDA | 393.8 M | 3.9 B |
| Net Income | 138.5 M | 570.98 M |
| Total Debt | 3.1 B | 5.32 B |
| Book Value Per Share | 86.80 X | 1.93 K |
| Cash Flow From Operations | 313.18 M | 971.22 M |
| Short Ratio | 17.86 X | 4.00 X |
| Earnings Per Share | 3.49 X | 3.12 X |
| Target Price | 94.23 | |
| Number Of Employees | 69 | 18.84 K |
| Beta | 1.18 | -0.15 |
| Market Capitalization | 3.32 B | 19.03 B |
| Total Asset | 9.07 B | 29.47 B |
| Retained Earnings | 1.63 B | 9.33 B |
| Working Capital | (232.79 M) | 1.48 B |
| Annual Yield | 0.04 % | |
| Net Asset | 9.07 B | |
| Last Dividend Paid | 3.29 |
Granite Real Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Granite . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 52.83 | |||
| Day Typical Price | 52.83 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.04) | |||
| Relative Strength Index | 49.54 |
About Granite Real Buy or Sell Advice
When is the right time to buy or sell Granite Real Estate? Buying financial instruments such as Granite Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Granite Real in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Granite Stock
Granite Real financial ratios help investors to determine whether Granite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Granite with respect to the benefits of owning Granite Real security.