Grit Real Estate Income Group Limited Logo

Grit Real Estate Income Group Limited

GR1T.L

(1.5)
Stock Price

11,75 GBp

-3.66% ROA

-9.5% ROE

-2.5x PER

Market Cap.

81.314.004,29 GBp

136.27% DER

9.15% Yield

-65.96% NPM

Grit Real Estate Income Group Limited Stock Analysis

Grit Real Estate Income Group Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Grit Real Estate Income Group Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.26x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROE

The stock's ROE indicates a negative return (-6.3%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-2.6%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 DER

The stock is burdened with a heavy load of debt (124%), making it financially unstable and potentially risky for investors.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (0) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Grit Real Estate Income Group Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Grit Real Estate Income Group Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Grit Real Estate Income Group Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Grit Real Estate Income Group Limited Revenue
Year Revenue Growth
2011 30.309
2012 103.034 70.58%
2013 0 0%
2014 16.540.493 100%
2015 23.095.857 28.38%
2016 25.461.713 9.29%
2017 33.238.000 23.4%
2018 42.734.000 22.22%
2019 48.534.000 11.95%
2020 49.217.000 1.39%
2021 50.766.000 3.05%
2022 56.249.000 9.75%
2023 67.614.000 16.81%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Grit Real Estate Income Group Limited Research and Development Expenses
Year Research and Development Expenses Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Grit Real Estate Income Group Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2011 13.396
2012 146.522 90.86%
2013 92.404 -58.57%
2014 1.711.295 94.6%
2015 3.856.608 55.63%
2016 5.601.436 31.15%
2017 14.653.000 61.77%
2018 15.271.000 4.05%
2019 20.131.000 24.14%
2020 13.867.000 -45.17%
2021 16.944.000 18.16%
2022 22.578.000 24.95%
2023 15.858.000 -42.38%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Grit Real Estate Income Group Limited EBITDA
Year EBITDA Growth
2011 187.216
2012 -67.792 376.17%
2013 35.589 290.48%
2014 3.639.705 99.02%
2015 18.433.241 80.25%
2016 29.281.836 37.05%
2017 49.001.000 40.24%
2018 62.982.000 22.2%
2019 -13.074.000 581.73%
2020 -18.832.000 30.58%
2021 61.012.000 130.87%
2022 33.870.000 -80.14%
2023 -75.842.000 144.66%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Grit Real Estate Income Group Limited Gross Profit
Year Gross Profit Growth
2011 30.309
2012 88.181 65.63%
2013 0 0%
2014 13.062.733 100%
2015 17.326.833 24.61%
2016 18.291.597 5.27%
2017 25.653.000 28.7%
2018 32.318.000 20.62%
2019 38.001.000 14.95%
2020 40.674.000 6.57%
2021 42.110.000 3.41%
2022 46.625.000 9.68%
2023 67.614.000 31.04%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Grit Real Estate Income Group Limited Net Profit
Year Net Profit Growth
2011 177.929
2012 -103.508 271.9%
2013 -56.815 -82.18%
2014 183.380 130.98%
2015 1.973.789 90.71%
2016 17.731.685 88.87%
2017 28.562.000 37.92%
2018 28.035.000 -1.88%
2019 -67.248.000 141.69%
2020 -61.376.000 -9.57%
2021 10.443.000 687.72%
2022 -23.631.000 144.19%
2023 -37.084.000 36.28%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Grit Real Estate Income Group Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Grit Real Estate Income Group Limited Free Cashflow
Year Free Cashflow Growth
2011 -3.762
2012 104.191 103.61%
2013 -400.891 125.99%
2014 -186.232.169 99.78%
2015 -235.692 -78915.06%
2016 -12.487.715 98.11%
2017 -7.677.000 -62.66%
2018 21.362.000 135.94%
2019 10.930.000 -95.44%
2020 19.705.000 44.53%
2021 11.176.000 -76.32%
2022 32.256.000 65.35%
2023 3.785.000 -752.21%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Grit Real Estate Income Group Limited Operating Cashflow
Year Operating Cashflow Growth
2011 -3.762
2012 104.191 103.61%
2013 -400.891 125.99%
2014 -14.116.422 97.16%
2015 1.155.594 1321.57%
2016 -11.465.455 110.08%
2017 -6.992.000 -63.98%
2018 22.258.000 131.41%
2019 11.661.000 -90.88%
2020 19.885.000 41.36%
2021 11.293.000 -76.08%
2022 32.551.000 65.31%
2023 3.785.000 -760%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Grit Real Estate Income Group Limited Capital Expenditure
Year Capital Expenditure Growth
2011 0
2012 0 0%
2013 0 0%
2014 172.115.747 100%
2015 1.391.286 -12270.98%
2016 1.022.260 -36.1%
2017 685.000 -49.24%
2018 896.000 23.55%
2019 731.000 -22.57%
2020 180.000 -306.11%
2021 117.000 -53.85%
2022 295.000 60.34%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Grit Real Estate Income Group Limited Equity
Year Equity Growth
2011 1.027.781
2012 906.167 -13.42%
2013 936.991 3.29%
2014 124.412.822 99.25%
2015 163.372.448 23.85%
2016 313.601.719 47.9%
2017 275.443.000 -13.85%
2018 394.530.000 30.18%
2019 297.269.000 -32.72%
2020 278.404.000 -6.78%
2021 369.376.000 24.63%
2022 333.617.000 -10.72%
2023 309.121.000 -7.92%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Grit Real Estate Income Group Limited Assets
Year Assets Growth
2011 1.949.688
2012 1.213.715 -60.64%
2013 957.008 -26.82%
2014 236.040.493 99.59%
2015 343.829.149 31.35%
2016 585.155.461 41.24%
2017 651.561.000 10.19%
2018 863.878.000 24.58%
2019 845.697.000 -2.15%
2020 810.706.000 -4.32%
2021 937.218.000 13.5%
2022 907.687.000 -3.25%
2023 893.584.000 -1.58%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Grit Real Estate Income Group Limited Liabilities
Year Liabilities Growth
2011 921.906
2012 307.547 -199.76%
2013 15.000 -1950.31%
2014 111.627.671 99.99%
2015 180.456.701 38.14%
2016 270.430.742 33.27%
2017 376.118.000 28.1%
2018 469.348.000 19.86%
2019 548.428.000 14.42%
2020 532.302.000 -3.03%
2021 567.842.000 6.26%
2022 574.070.000 1.08%
2023 584.463.000 1.78%

Grit Real Estate Income Group Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.1
Net Income per Share
-0.07
Price to Earning Ratio
-2.5x
Price To Sales Ratio
1.64x
POCF Ratio
4.41
PFCF Ratio
4.39
Price to Book Ratio
0.24
EV to Sales
10.76
EV Over EBITDA
-9.15
EV to Operating CashFlow
28.84
EV to FreeCashFlow
28.84
Earnings Yield
-0.4
FreeCashFlow Yield
0.23
Market Cap
0,08 Bil.
Enterprise Value
0,53 Bil.
Graham Number
1.03
Graham NetNet
-1.96

Income Statement Metrics

Net Income per Share
-0.07
Income Quality
-0.57
ROE
-0.1
Return On Assets
-0.04
Return On Capital Employed
0.04
Net Income per EBT
0.88
EBT Per Ebit
-1.29
Ebit per Revenue
0.58
Effective Tax Rate
-0.09

Margins

Sales, General, & Administrative to Revenue
0.29
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.58
Pretax Profit Margin
-0.75
Net Profit Margin
-0.66

Dividends

Dividend Yield
0.09
Dividend Yield %
9.15
Payout Ratio
-0.21
Dividend Per Share
0.01

Operating Metrics

Operating Cashflow per Share
0.04
Free CashFlow per Share
0.04
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.04
Return on Tangible Assets
-0.04
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
-0,75
Book Value per Share
0,64
Tangible Book Value per Share
0.64
Shareholders Equity per Share
0.7
Interest Debt per Share
0.95
Debt to Equity
1.36
Debt to Assets
0.51
Net Debt to EBITDA
-7.76
Current Ratio
0.27
Tangible Asset Value
0,31 Bil.
Net Current Asset Value
-0,55 Bil.
Invested Capital
-84327000
Working Capital
-0,09 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
5.65

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Grit Real Estate Income Group Limited Dividends
Year Dividends Growth
2018 5
2019 9 55.56%
2020 4 -125%
2021 1 0%
2022 4 100%
2023 2 -200%
2024 1 0%

Grit Real Estate Income Group Limited Profile

About Grit Real Estate Income Group Limited

Grit is listed on the London Stock Exchange main market (LSE: GR1T), the Johannesburg Stock Exchange main board (JSE: GTR) and the Stock Exchange of Mauritius Ltd official market (SEM: DEL.N0000). Grit Real Estate Income Group Limited is a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). By investing in real estate assets across Africa, the Company is building a secure financial future for schools, employees, non-profit organisations, and the like. As such, Grit is unlocking potential across the African continent in an effort to anchor communities and create sustainable jobs. The company's high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company is targeting 8.5%+ p.a. dividend yield in USD and 12.0%+ p.a. NAV total return.

CEO
Ms. Bronwyn Anne Knight B.Com.
Employee
157
Address
Alexander House
Ebène, 72201

Grit Real Estate Income Group Limited Executives & BODs

Grit Real Estate Income Group Limited Executives & BODs
# Name Age
1 Alex Mugambi
Head of Legal
70
2 Ms. Anouchka Chummun
Group Compliance Manager
70
3 Gareth Schnehage
Chief Financial Officer & Director
70
4 Mr. Oteng Keabetswe
Chief Investment Officer
70
5 Mr. Leon Paul van de Moortele C.A.
Chief Financial Officer & Executive Director (Leave of Absence)
70
6 Marieke Pieterse
Head of Operations Manager
70
7 Ms. Bronwyn Anne Knight B.Com., C.A.
Chief Executive Officer & Executive Director
70
8 Mr. Darren Veenhuis A.C.A., B.Com., C.A., C.F.A.
Head of Investor Relations & Corporate Finance
70
9 Ms. Corinne Robert
Head of Communications
70
10 Leigh Varrie
Head of Marketing
70

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