Granite Real Estate Stock Performance
| GRP-UN Stock | USD 54.00 1.17 2.21% |
The company retains a Market Volatility (i.e., Beta) of 1.09, which attests to a somewhat significant risk relative to the market. Granite Real returns are very sensitive to returns on the market. As the market goes up or down, Granite Real is expected to follow. At this point, Granite Real Estate has a negative expected return of -0.0286%. Please make sure to check out Granite Real's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Granite Real Estate performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Granite Real Estate has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Granite Real is not utilizing all of its potentials. The new stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0444 | Payout Ratio 0.6725 | Forward Dividend Rate 2.35 | Dividend Date 2024-12-16 | Ex Dividend Date 2024-11-27 |
1 | How Much to Invest to Earn an Extra 5,000Year in Passive Income - Yahoo Canada Finance | 09/25/2024 |
2 | Granite Real Estate Announces November 2024 Distribution - TipRanks | 11/15/2024 |
| Begin Period Cash Flow | 135.1 M |
Granite |
Granite Real Relative Risk vs. Return Landscape
If you would invest 5,628 in Granite Real Estate on August 28, 2024 and sell it today you would lose (228.00) from holding Granite Real Estate or give up 4.05% of portfolio value over 90 days. Granite Real Estate is producing return of less than zero assuming 2.7387% volatility of returns over the 90 days investment horizon. Simply put, 24% of all stocks have less volatile historical return distribution than Granite Real, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Granite Real Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Granite Real's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Granite Real Estate, and traders can use it to determine the average amount a Granite Real's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0104
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GRP-UN |
Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Granite Real is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Granite Real by adding Granite Real to a well-diversified portfolio.
Granite Real Fundamentals Growth
Granite Stock prices reflect investors' perceptions of the future prospects and financial health of Granite Real, and Granite Real fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Granite Stock performance.
| Return On Equity | 0.057 | ||||
| Return On Asset | 0.0283 | ||||
| Profit Margin | 0.56 % | ||||
| Operating Margin | 0.75 % | ||||
| Current Valuation | 5.46 B | ||||
| Shares Outstanding | 62.74 M | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 6.02 X | ||||
| Revenue | 521.25 M | ||||
| Gross Profit | 380.36 M | ||||
| EBITDA | 393.8 M | ||||
| Net Income | 138.5 M | ||||
| Total Debt | 3.1 B | ||||
| Book Value Per Share | 86.80 X | ||||
| Cash Flow From Operations | 313.18 M | ||||
| Earnings Per Share | 3.49 X | ||||
| Market Capitalization | 3.32 B | ||||
| Total Asset | 9.07 B | ||||
| Retained Earnings | 1.63 B | ||||
| Working Capital | (232.79 M) | ||||
About Granite Real Performance
By examining Granite Real's fundamental ratios, stakeholders can obtain critical insights into Granite Real's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Granite Real is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 38.37 | 40.06 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.02 | 0.01 | |
| Return On Equity | 0.03 | 0.05 |
Things to note about Granite Real Estate performance evaluation
Checking the ongoing alerts about Granite Real for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Granite Real Estate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Granite Real's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Granite Real's stock is overvalued or undervalued compared to its peers.
- Examining Granite Real's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Granite Real's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Granite Real's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Granite Real's stock. These opinions can provide insight into Granite Real's potential for growth and whether the stock is currently undervalued or overvalued.
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.