Grindrod Gross Profit vs. EBITDA
| GRDLY Stock | USD 18.00 0.00 0.00% |
For Grindrod profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grindrod to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grindrod Ltd ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grindrod's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grindrod Ltd ADR over time as well as its relative position and ranking within its peers.
Grindrod |
Grindrod ADR EBITDA vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grindrod's current stock value. Our valuation model uses many indicators to compare Grindrod value to that of its competitors to determine the firm's financial worth. Grindrod Ltd ADR is rated # 2 in gross profit category among its peers. It also is rated # 2 in ebitda category among its peers totaling about 0.65 of EBITDA per Gross Profit. The ratio of Gross Profit to EBITDA for Grindrod Ltd ADR is roughly 1.53 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Grindrod by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Grindrod's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Grindrod EBITDA vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Grindrod |
| = | 1.63 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Grindrod |
| = | 1.07 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Grindrod EBITDA Comparison
Grindrod is currently under evaluation in ebitda category among its peers.
Grindrod Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grindrod, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grindrod will eventually generate negative long term returns. The profitability progress is the general direction of Grindrod's change in net profit over the period of time. It can combine multiple indicators of Grindrod, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Grindrod Limited, through its subsidiaries, engages in freight services, shipping, and financial services businesses worldwide. This division also provides card solutions preference-share investments and treasury deposits corporate finance products and asset management services, including wealth management services for private clients and institutional fund management services. GRINDROD LTD operates under Integrated Shipping Logistics classification in USA and is traded on OTC Market.
Grindrod Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grindrod. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Grindrod position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Grindrod's important profitability drivers and their relationship over time.
Use Grindrod in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grindrod position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grindrod will appreciate offsetting losses from the drop in the long position's value.Grindrod Pair Trading
Grindrod Ltd ADR Pair Trading Analysis
The ability to find closely correlated positions to Grindrod could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grindrod when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grindrod - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grindrod Ltd ADR to buy it.
The correlation of Grindrod is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grindrod moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grindrod ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Grindrod can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Grindrod position
In addition to having Grindrod 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?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Robots And Drones Theme or any other thematic opportunities.
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Additional Tools for Grindrod Pink Sheet Analysis
When running Grindrod's price analysis, check to measure Grindrod's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grindrod is operating at the current time. Most of Grindrod's value examination focuses on studying past and present price action to predict the probability of Grindrod's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindrod's price. Additionally, you may evaluate how the addition of Grindrod to your portfolios can decrease your overall portfolio volatility.