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Grindrod Limited (GND.JO)

ZA JNB Industrials Integrated Freight & Logistics
Address Grindrod House 4001
Durban, ZA
CEO Kwazi Mabaso
IPO 2000-01-05
ISIN ZAE000072328

Explore sections of this company profile

Also trades on Johannesburg Stock Exchange · GND.JO (ZAc) Other OTC · GRDLY (USD)
Description

Established in 1910 and based in Durban, South Africa, Grindrod Limited operates as a diversified enterprise offering a broad spectrum of logistics and financial services worldwide. Its extensive global presence includes operations across North America, Bermuda, South America, the Middle East, the United Kingdom, Isle of Man, the broader European continent, Singapore, Asia, the Far East, Australia, South Africa, and the rest of Africa. The company's multifaceted activities are organized into distinct segments: Ports and Terminals, Logistics, Bank, Private Equity and Property, and Marine Fuels and Agricultural Logistics. Within its comprehensive logistics division, Grindrod manages bulk terminal operations, which involve receiving, storing, and loading various commodities onto vessels for onward transport. It delivers end-to-end container solutions, encompassing handling, transportation, warehousing, and the sale or leasing of containers. The company provides integrated logistics services for cargo movement via road, rail, and sea. Further offerings include the clearing and forwarding of imports and exports, general goods transportation, ship husbandry services, and ancillary provisions such as specialized training, bay stevedoring, and rental services. Grindrod also oversees port activities and supplies marine fuels, lubricants, bunkers, and agricultural commodities. On the financial services side, Grindrod offers a variety of banking products and investment opportunities. These include cash deposit management, diverse lending facilities such as overdrafts, term loans, invoice discounting, and mezzanine finance, as well as retail banking products and property lending services. Additionally, the company engages in private equity investments and actively manages a portfolio of property equities.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.49
Float Shares
561.06M
Free Float %
84.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.95% +0.81% +16.04% +40.05% +55.34% +53.24% +96.75% +183.77% +444.98% +124.76% +236.35%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,605.00
DCF (Unlevered) 2,231.94 -14.3%
DCF (Levered) 4,114.08 +57.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.26
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
A+
Overall Score
5 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Integrated Freight & Logistics: +6.5%
    +11.7% Q4'25: +33.8% (vs Q4'23)
  • EPS growth Integrated Freight & Logistics: +7.1%
    +559.6% Q4'25: +11.1% (vs Q4'23)
  • FCF margin FCF growth · Integrated Freight & Logistics: +60.0%
    +16.6% Q4'25: +38.2% (vs Q4'23)
  • EBIT margin Integrated Freight & Logistics: +6.9%
    +18.3% Q4'25: +23.5% (vs Q4'23)
  • ROIC Integrated Freight & Logistics: +6.4%
    +9.3% Q4'25: +22.9% (vs Q4'23)
  • Share dilution Integrated Freight & Logistics: +0.1%
    -0.1% Q4'25: -0.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Integrated Freight & Logistics: 0.95×
    2.23× Q4'25: 0.80× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.44) × ERP
WACC = 84% × Ke + 16% × Kd (9.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2,231.94 Current price: 2,680.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
10.19B
est: 10.00B (+1.9%)
9.03B
est: 8.63B (+4.7%)
3.06B
est: 9.18B (-66.7%)
3.42B
est: 2.91B (+17.6%)
3.83B
est: 3.26B (+17.7%)
3.75B
est: 3.45B (+8.7%)
3.42B
est: 3.63B (-6.0%)
5.88B
est: 6.21B (-5.3%)
4.85B
est: 5.98B (-19.0%)
4.98B
est: 6.35B (-21.6%)
5.56B
est: 5.72B (-2.9%)
8.02B
8.02B – 8.02B
+40.1% YoY
8.81B
8.81B – 8.81B
+9.8% YoY
9.67B
9.67B – 9.67B
+9.8% YoY
EBITDA
-234.67M
est: 1.93B (-112.1%)
911.21M
est: 1.67B (-45.4%)
491.64M
est: 1.78B (-72.3%)
846.97M
est: 563.30M (+50.4%)
358.43M
est: 630.04M (-43.1%)
255.59M
est: 667.76M (-61.7%)
845.02M
est: 702.96M (+20.2%)
1.31B
est: 1.20B (+8.8%)
1.15B
est: 1.16B (-0.7%)
958.06M
est: 1.47B (-34.9%)
1.45B
est: 1.33B (+9.0%)
1.86B
1.86B – 1.86B
+40.1% YoY
2.04B
2.04B – 2.04B
+9.8% YoY
2.24B
2.24B – 2.24B
+9.8% YoY
EBIT
-910.15M
est: 914.41M (-199.5%)
384.80M
est: 788.90M (-51.2%)
991.94M
est: 839.23M (+18.2%)
384.81M
est: 266.27M (+44.5%)
-143.04M
est: 297.81M (-148.0%)
-270.71M
est: 315.64M (-185.8%)
369.85M
est: 332.29M (+11.3%)
821.30M
est: 568.10M (+44.6%)
756.86M
est: 546.80M (+38.4%)
958.06M
est: 904.63M (+5.9%)
1.02B
est: 815.70M (+24.8%)
1.14B
1.14B – 1.14B
+40.1% YoY
1.25B
1.25B – 1.25B
+9.8% YoY
1.38B
1.38B – 1.38B
+9.8% YoY
Net Income
-1.37B
est: 277.52M (-592.0%)
-1.84B
est: 108.45M (-1,796.4%)
-515.05M
est: -54.23M (-849.8%)
2.91B
est: 374.85M (+676.6%)
365.36M
est: 366.80M (-0.4%)
-363.98M
est: 145.48M (-350.2%)
221.36M
est: 342.00M (-35.3%)
657.48M
est: 917.60M (-28.3%)
1.06B
est: 1.18B (-9.8%)
390.27M
est: 1.26B (-69.0%)
2.14B
est: 1.20B (+78.9%)
1.36B
1.36B – 1.36B
+14.0% YoY
1.50B
1.50B – 1.50B
+9.8% YoY
1.70B
1.70B – 1.70B
+13.8% YoY
SGA
183.86M
est: 2.01B (-90.8%)
161.78M
est: 1.73B (-90.7%)
80.36M
est: 1.84B (-95.6%)
838.95M
est: 584.14M (+43.6%)
1.12B
est: 653.35M (+71.1%)
828.60M
est: 692.46M (+19.7%)
1.24B
est: 728.97M (+70.7%)
2.27B
est: 1.25B (+82.0%)
136.32M
est: 1.20B (-88.6%)
21.48M
est: 999.86M (-97.9%)
30.28M
est: 901.58M (-96.6%)
1.26B
1.26B – 1.26B
+40.1% YoY
1.39B
1.39B – 1.39B
+9.8% YoY
1.52B
1.52B – 1.52B
+9.8% YoY
EPS
-1.82
est: 0.42 (-538.2%)
-2.45
est: 0.16 (-1,609.4%)
-0.69
est: -0.08 (-750.2%)
3.87
est: 0.56 (+589.8%)
0.54
est: 0.55 (-1.6%)
-0.61
est: 0.22 (-380.2%)
0.26
est: 0.51 (-49.2%)
0.90
est: 1.37 (-34.5%)
1.48
est: 1.76 (-16.0%)
0.47
est: 1.88 (-75.1%)
3.10
est: 1.79 (+73.2%)
2.04
2.04 – 2.04
+14.0% YoY
2.24
2.24 – 2.24
+9.8% YoY
2.55
2.55 – 2.55
+13.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 5/5 4/5 5/5 5/5 3/5 4/5 4/5
2026-05-28 A+ 5/5 4/5 5/5 5/5 3/5 4/5 4/5
2026-05-27 A+ 5/5 4/5 5/5 5/5 3/5 4/5 4/5
2026-05-26 A+ 5/5 4/5 5/5 5/5 3/5 4/5 4/5
2026-05-25 A+ 5/5 4/5 5/5 5/5 3/5 4/5 4/5
2026-05-22 A+ 5/5 4/5 5/5 5/5 3/5 4/5 4/5
2026-05-21 A+ 4/5 4/5 5/5 5/5 2/5 4/5 4/5
2026-05-20 A+ 4/5 4/5 5/5 5/5 2/5 4/5 4/5
2026-05-19 A+ 4/5 4/5 5/5 5/5 2/5 4/5 4/5
2026-05-18 A+ 4/5 4/5 5/5 5/5 2/5 4/5 4/5
2026-05-15 A+ 4/5 4/5 5/5 5/5 2/5 4/5 4/5
2026-05-14 A+ 4/5 4/5 5/5 5/5 2/5 4/5 4/5
2026-05-13 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-12 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-11 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-08 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-07 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-06 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-05 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-04 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-30 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-29 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-28 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-24 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-23 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-22 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-21 A+ 4/5 5/5 5/5 5/5 1/5 4/5 4/5
2026-04-20 A+ 4/5 5/5 5/5 5/5 1/5 4/5 4/5
2026-04-17 A+ 4/5 5/5 5/5 5/5 1/5 4/5 4/5
2026-04-16 A+ 4/5 5/5 5/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.52B
OE per share TTM
2.27
Owner's Yield
8.74%
Maintenance CapEx ratio
57.07%
Maint CapEx / Avg PPE
62.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 57 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
254.5K
Shares Outstanding
667.27M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Fathima Ally Chief Financial Officer & Executive Director 8M female
Alison Briggs Public Relations & Marketing Manager
Kwazi Mabaso Chief Executive Officer & Executive Director male
Reshmee Soni Investor Relations
Vicky Commaille Group Company Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits