Financials Grit Real Estate Income Group Limited

Equities

GR1T

GG00BMDHST63

Real Estate Development & Operations

Market Closed - London S.E. 11:35:22 2024-04-26 am EDT 5-day change 1st Jan Change
20 GBX 0.00% Intraday chart for Grit Real Estate Income Group Limited 0.00% -4.76%

Valuation

Fiscal Period: June 2021 2022 2023
Capitalization 1 202.7 204.7 197.9
Enterprise Value (EV) 1 645.8 647.8 647.8
P/E ratio -3.85 x 15.8 x -8.42 x
Yield 2.36% 10.9% 4.85%
Capitalization / Revenue 4.07 x 2.87 x 2.8 x
EV / Revenue 13 x 9.08 x 9.18 x
EV / EBITDA 31.3 x 15.5 x 16.3 x
EV / FCF -24.6 x 36.3 x 10.1 x
FCF Yield -4.06% 2.75% 9.86%
Price to Book 0.75 x 0.59 x 0.66 x
Nbr of stocks (in thousands) 318,690 495,092 479,712
Reference price 2 0.6360 0.4134 0.4125
Announcement Date 10/29/21 10/28/22 10/31/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 54.27 63.29 55.23 49.8 71.38 70.55
EBITDA 1 32.02 38.06 28.76 20.63 41.8 39.64
EBIT 1 31.76 37.72 28.44 20.31 41.54 39.4
Operating Margin 58.52% 59.6% 51.5% 40.79% 58.19% 55.85%
Earnings before Tax (EBT) 1 30.5 39.49 -53.87 -60.93 17.73 -21.35
Net income 1 28.56 28.04 -63.12 -51.93 10.44 -23.63
Net margin 52.63% 44.3% -114.27% -104.27% 14.63% -33.5%
EPS 2 0.1420 0.0968 -0.2085 -0.1654 0.0262 -0.0490
Free Cash Flow 1 6.043 11.53 7.693 -26.23 17.84 63.86
FCF margin 11.14% 18.22% 13.93% -52.68% 25% 90.52%
FCF Conversion (EBITDA) 18.87% 30.29% 26.74% - 42.69% 161.11%
FCF Conversion (Net income) 21.16% 41.13% - - 170.85% -
Dividend per Share 2 0.1219 0.1220 0.0525 0.0150 0.0450 0.0200
Announcement Date 10/31/18 10/31/19 8/29/20 10/29/21 10/28/22 10/31/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 325 377 452 443 443 450
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.15 x 9.894 x 15.71 x 21.48 x 10.6 x 11.35 x
Free Cash Flow 1 6.04 11.5 7.69 -26.2 17.8 63.9
ROE (net income / shareholders' equity) 9.67% 7.78% -19.4% -21.3% 3.43% -7.28%
ROA (Net income/ Total Assets) 3.31% 3.11% 2.08% 1.53% 2.97% 2.67%
Assets 1 861.9 901.1 -3,035 -3,388 351.6 -885.3
Book Value Per Share 2 1.370 1.330 0.9800 0.8500 0.7000 0.6300
Cash Flow per Share 2 0.0200 0.0500 0.0100 0.0200 0.0500 0.0200
Capex - - 0.2 - - -
Capex / Sales - - 0.37% - - -
Announcement Date 10/31/18 10/31/19 8/29/20 10/29/21 10/28/22 10/31/23
1USD in Million2USD
Estimates
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