How to buy GR Engineering Services shares | GNG historical share price and analysis

How to buy GR Engineering Services shares

Own GR Engineering Services shares in just a few minutes.

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GR Engineering Services Limited is an engineering & construction business based in Australia. GR Engineering Services shares (GNG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. GR Engineering Services has a trailing 12-month revenue of around $306.5 million.

How to buy shares in GR Engineering Services

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for GR Engineering Services . Find the share by name or ticker symbol: GNG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until GR Engineering Services reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of GR Engineering Services . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

GR Engineering Services share price

Use our graph to track the performance of GNG stocks over time.

GR Engineering Services shares at a glance

Information last updated 2021-02-24.
52-week range$0.5799 - $1.34
50-day moving average $1.2333
200-day moving average $1.1021
Target price$1.37
PE ratio 16.75
Dividend yield $0.09 (6.77%)
Earnings per share (TTM) $0.08

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
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ASX shares, ETFs
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ASX shares, Global shares
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Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
ThinkMarkets Share Trading
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$0 brokerage on global shares including US, UK and Japan markets.
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ANZ Share Investing
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Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
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Westpac Online Investing Account
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USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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Is it a good time to buy GR Engineering Services stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

GR Engineering Services price performance over time

Historical closes compared with the last close of A$1.37

1 month (2021-03-10) -3.18%

Is GR Engineering Services under- or over-valued?

Valuing GR Engineering Services stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of GR Engineering Services 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

GR Engineering Services 's P/E ratio

GR Engineering Services 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, GR Engineering Services shares trade at around 17x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

GR Engineering Services 's EBITDA

GR Engineering Services 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $19.3 million (£0.0 million).

The EBITDA is a measure of a GR Engineering Services 's overall financial performance and is widely used to measure a its profitability.

GR Engineering Services financials

Revenue TTM $306.5 million
Operating margin TTM 5.84%
Gross profit TTM $97 million
Return on assets TTM 11.31%
Return on equity TTM 36.13%
Profit margin 4.06%
Book value 0.235
Market capitalisation $207.9 million

TTM: trailing 12 months

GR Engineering Services share dividends

75%

Dividend payout ratio: 75% of net profits

Recently GR Engineering Services has paid out, on average, around 75% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.02% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), GR Engineering Services shareholders could enjoy a 6.02% return on their shares, in the form of dividend payments. In GR Engineering Services 's case, that would currently equate to about A$0.09 per share.

GR Engineering Services 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 10 March 2021 (the "ex-dividend date").

GR Engineering Services share price volatility

Over the last 12 months, GR Engineering Services 's shares have ranged in value from as little as $0.5799 up to $1.34. A popular way to gauge a stock's volatility is its "beta".

GNG.AU volatility(beta: 0.82)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while GR Engineering Services 's is 0.8213. This would suggest that GR Engineering Services 's shares are less volatile than average (for this exchange).

GR Engineering Services overview

GR Engineering Services Limited operates as an engineering, consulting, and contracting company that provides engineering design, procurement, and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through two segments, Mineral Processing, and Oil and Gas. It provides project management services, including project studies, engineering and procurement, construction and commissioning, asset management plans and system development, operations and technical support, and infrastructure development services. The company's services include the design and construction of minerals processing facilities and related infrastructure for greenfield or brownfield projects, such as plant modifications, and upgrades and expansions; plant evaluation and condition reports; plant operations, and maintenance support and optimization; and plant relocation, refurbishment, and recommissioning, as well as engages in the provision of owners representatives and teams for project management and delivery, and asset management services. Its services also comprise engineering and process design consulting services; and feasibility studies comprising scoping, pre-feasibility, and definitive level studies, as well as study work and services that include front end engineering design, operations and process optimization, due diligence reviews, asset management system development and monitoring, risk evaluation and hazard/operability studies, technology evaluation and trade-off studies, and refurbishment assessments. In addition, the company offers operations, maintenance, and advisory services to the oil and gas sector. GR Engineering Services Limited was founded in 1986 and is headquartered in Ascot, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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