GND.JSE Grindrod

Industrials Air Freight & Logistics Johannesburg Exchange
2,900 ZAC
Close of Oct 29, 2026
1,601 3,008
Market cap
ZAC 19.3B
P/E
1,611.1x
P/B
199.98x
ROE
26.0%
Dividend yield
1.68%
Fundamental score
2.9/5

Ratios use the latest price and the current fiscal year annualized from 1 quarter up to Jun 2026.

Is GND.JSE undervalued?

Graham number

The Graham number of Grindrod cannot be estimated reliably (the estimate is too far from the market price).

Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?

Grindrod fundamental analysis

13 of 22 checks passed

ROE 2/2

High return on equity (26.0%), above 20%.

ROA 1/1

Return on assets (15.7%) is above the industry median (1.7%).

Profit Consistency 2/2

Profitable for 5 consecutive years.

Earnings Growth 5Y 1/1

Earnings per share grew over the past 5 years.

Earnings Acceleration 0/1

Not enough positive earnings history to compare last year's growth with the 5-year average.

Earnings Growth vs Industry 1/1

Last year's EPS growth (448.4%) is above the industry median (-4.1%).

Revenue Growth 0/2

Revenue shrank 1.9% a year over the past 3 years.

Short-term Liquidity 1/1

Current assets cover short-term liabilities.

Long-term Liabilities 1/1

Current assets cover long-term liabilities.

Debt to Equity 2/2

Low debt to equity (32.0%), 40% or less.

Debt Trend 1/1

Debt to equity has not risen over the past 5 years.

Debt Coverage 1/1

Operating cash flow covers 20% of total debt.

Interest Coverage 0/1

EBIT is 4.2x against interest expense, below 5x.

PE vs Market 0/1

PE (16.1x) is above the market median (9.1x).

PE vs Industry 1/1

PE (16.1x) is below the industry median (17.0x).

PBV 0/1

Price to book (2.0x) is above the industry median (1.1x).

Graham Number 0/1

The price is above the Graham number (PE x PB = 32.2, limit 22.5).

PEG 0/1

PEG needs positive PE and positive 5-year earnings growth.

Dividend Yield 0/2

Dividend yield (0.5%) is in the bottom 25% of dividend payers in the market.

Dividend Stability 0/2

Dividends were not paid steadily for the past 5 years.

Dividend Growth 1/1

Dividends paid grew over the past 5 years.

Payout Ratio 1/1

Payout ratio is 8.0%, covered by earnings.

Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score

Grindrod stock price

Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.

About Grindrod

Grindrod Limited, together with its subsidiaries, engages in the logistics services business in the Middle East, Singapore, Asia, the Far East, Australia, South Africa, and Rest of Africa. The company operates through Ports and Terminals; Logistics; Group; Private Equity and Property; and Marine Fuels segments. It engages in the provision of logistics solution for mining, agricultural, new energy commodities and project cargo; import and export solutions; and financing, cons…

Full company profile