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Grindrod Shipping Holdings (Grindrod Shipping Holdings) EV-to-EBIT : 53.01 (As of Apr. 28, 2024)


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What is Grindrod Shipping Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Grindrod Shipping Holdings's Enterprise Value is $387.3 Mil. Grindrod Shipping Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7.3 Mil. Therefore, Grindrod Shipping Holdings's EV-to-EBIT for today is 53.01.

The historical rank and industry rank for Grindrod Shipping Holdings's EV-to-EBIT or its related term are showing as below:

GRIN' s EV-to-EBIT Range Over the Past 10 Years
Min: -130.55   Med: 3.88   Max: 54.93
Current: 53.01

During the past 9 years, the highest EV-to-EBIT of Grindrod Shipping Holdings was 54.93. The lowest was -130.55. And the median was 3.88.

GRIN's EV-to-EBIT is ranked worse than
93.56% of 854 companies
in the Transportation industry
Industry Median: 11.97 vs GRIN: 53.01

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Grindrod Shipping Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $298.2 Mil. Grindrod Shipping Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7.3 Mil. Grindrod Shipping Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.45%.


Grindrod Shipping Holdings EV-to-EBIT Historical Data

The historical data trend for Grindrod Shipping Holdings's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grindrod Shipping Holdings EV-to-EBIT Chart

Grindrod Shipping Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only -15.74 -18.47 3.57 4.38 40.80

Grindrod Shipping Holdings Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.38 4.08 7.68 45.96 40.80

Competitive Comparison of Grindrod Shipping Holdings's EV-to-EBIT

For the Marine Shipping subindustry, Grindrod Shipping Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grindrod Shipping Holdings's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grindrod Shipping Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grindrod Shipping Holdings's EV-to-EBIT falls into.



Grindrod Shipping Holdings EV-to-EBIT Calculation

Grindrod Shipping Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=387.336/7.307
=53.01

Grindrod Shipping Holdings's current Enterprise Value is $387.3 Mil.
Grindrod Shipping Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grindrod Shipping Holdings  (NAS:GRIN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Grindrod Shipping Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=7.307/298.160256
=2.45 %

Grindrod Shipping Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $298.2 Mil.
Grindrod Shipping Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grindrod Shipping Holdings EV-to-EBIT Related Terms

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Grindrod Shipping Holdings (Grindrod Shipping Holdings) Business Description

Traded in Other Exchanges
Address
200 Cantonment Road, No. 03-01 Southpoint, Singapore, SGP, 089763
Grindrod Shipping Holdings Ltd owns charters in and operates a fleet of drybulk carriers and one tanker. The drybulk carrier's business is further divided into handysize, and supramax. It generates its revenue from Vessels which comprise charter hire of ships and freight revenue.
Executives
Industrial Partnership Investments Proprietary Ltd 10 percent owner P O BOX 456, STELLENBOSCH T3 7599

Grindrod Shipping Holdings (Grindrod Shipping Holdings) Headlines