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Grindrod (JSE:GNDP.PFD) Net Margin % : 24.51% (As of Dec. 2023)


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What is Grindrod Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grindrod's Net Income for the six months ended in Dec. 2023 was R582.21 Mil. Grindrod's Revenue for the six months ended in Dec. 2023 was R2,375.32 Mil. Therefore, Grindrod's net margin for the quarter that ended in Dec. 2023 was 24.51%.

The historical rank and industry rank for Grindrod's Net Margin % or its related term are showing as below:

JSE:GNDP.PFD' s Net Margin % Range Over the Past 10 Years
Min: -55.96   Med: -1.61   Max: 84.77
Current: 21.92


JSE:GNDP.PFD's Net Margin % is ranked better than
86.83% of 972 companies
in the Transportation industry
Industry Median: 5.47 vs JSE:GNDP.PFD: 21.92

Grindrod Net Margin % Historical Data

The historical data trend for Grindrod's Net Margin % 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 Net Margin % Chart

Grindrod Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.33 -9.70 6.48 11.17 21.92

Grindrod Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % 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 41.47 18.47 6.75 19.43 24.51

Competitive Comparison of Grindrod's Net Margin %

For the Integrated Freight & Logistics subindustry, Grindrod's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grindrod's Net Margin % distribution charts can be found below:

* The bar in red indicates where Grindrod's Net Margin % falls into.



Grindrod Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Grindrod's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1062.154/4845.572
=21.92 %

Grindrod's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=582.213/2375.317
=24.51 %

* 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  (JSE:GNDP.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Grindrod Net Margin % Related Terms

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Grindrod (JSE:GNDP.PFD) Business Description

Traded in Other Exchanges
Address
106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001
Grindrod Ltd is a logistics and financial services company with significant investments in marine fuel trading, private equity, and the property sector. The company organizes itself into three segments: logistics, ports and terminals, and bank. The logistics segment, which generates the majority of revenue, is involved in providing complete freight services, storage of containers, and clearing. The Ports and Terminals segment provides bulk handling of commodities. The bank segment provides loan finance and retail services through Grindrod Bank. The company is based in South Africa and operates in the following regions, in order of revenue share: Singapore/Asia/Australia, Middle East, South Africa, the United Kingdom/Europe, North America/Bermuda, and the rest of Africa.

Grindrod (JSE:GNDP.PFD) Headlines

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