Valuation check: GRIN's profit margin is -2.49%, below the Industrials sector average of 10.05%.
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+ FollowAs of Dec 2023
Trailing 12 months ending Dec 2023
As of the most recent data (December 2023), GRIN shows a profit margin of -2.49%. That compares with 22.45% in the prior-year period — down 111.1% year over year. That is below the Industrials sector average of 10.05%. Scroll down for historical charts and peer comparison views.
Compared with the year-ago period, GRIN's profit margin is now -2.49% (was 22.45%) — a 111.1% year-over-year decrease. Pairing that YoY change with peer averages gives a clearer picture of whether Grindrod Shipping Holdings is outperforming or lagging.
The Industrials sector average profit margin is about 10.05%. Grindrod Shipping Holdings is at -2.49%, which is lower that average. That is roughly 124.7% below the sector mean. Use the comparison chart on this page to see how GRIN stacks up against individual peers as well.
That compares with 22.45% in the prior-year period — down 111.1% year over year. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Grindrod Shipping Holdings with peers to see if the move is company-specific or sector-wide.
Besides this profit margin page, Stockcircle has Grindrod Shipping Holdings's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect profit margin (currently -2.49%) with ownership activity and broader fundamentals.