How to buy GR Engineering Services (GNG) shares
Learn how to easily invest in GR Engineering Services shares.
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GR Engineering Services 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 in Australian dollars. GR Engineering Services has a trailing 12-month revenue of around $519.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in GR Engineering Services
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- 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.
- 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- 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.
- Check on your investment. Congratulations, you own a part of GR Engineering Services . Optimise your portfolio by tracking how your stock and 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 affect your stock.
What's in this guide?
- GR Engineering Services key stats
- Compare share trading platforms
- Is GR Engineering Services stock a buy or sell?
- GR Engineering Services performance over time
- Are GR Engineering Services shares over-valued?
- GR Engineering Services 's financials
- How volatile are GR Engineering Services shares?
- Does GR Engineering Services pay a dividend?
- Other common questions
GR Engineering Services stock price (ASX:GNG)Use our graph to track the performance of GNG stocks over time.
GR Engineering Services shares at a glance
|52-week range||$1.2007 - $2.2|
|50-day moving average||$1.9297|
|200-day moving average||$1.9991|
|Dividend yield||$0.16 (9.07%)|
|Earnings per share (TTM)||$0.18|
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We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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. However, this is not a recommendation. 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
|1 week (2022-06-28)||16.67%|
|1 month (2022-06-03)||1.53%|
|3 months (2022-04-05)||-5.90%|
|6 months (2022-01-05)||-9.73%|
|1 year (2021-07-05)||34.34%|
|2 years (2020-07-03)||180.99%|
|3 years (2019-07-05)||121.67%|
|5 years (2017-07-05)||27.07%|
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 11x. In other words, GR Engineering Services shares trade at around 11x 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 $45 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||$519.4 million|
|Operating margin TTM||8.17%|
|Gross profit TTM||$155.9 million|
|Return on assets TTM||14.54%|
|Return on equity TTM||63.37%|
|Market capitalisation||$321.7 million|
TTM: trailing 12 months
GR Engineering Services share dividends
Dividend payout ratio: 88.89% of net profits
Recently GR Engineering Services has paid out, on average, around 88.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.07% 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 9.07% return on their shares, in the form of dividend payments. In GR Engineering Services 's case, that would currently equate to about A$0.16 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 3 March 2022 (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 $1.2007 up to $2.2. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while GR Engineering Services 's is 0.7438. 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 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 & Gas. It offers feasibility studies, such as 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. The company also provides design and construction of minerals processing facilities and related infrastructure for greenfield or brownfield projects, including 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 owners representatives and teams for project management and delivery. In addition, it offers project management services comprising project studies, engineering and procurement, construction and commissioning, asset management plans and system development, operations and technical support, and infrastructure development services. Further, the company provides engineering and process design consulting services; asset management services; and 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.
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