How to buy Graincorp shares | GNC historical share price and analysis

How to buy Graincorp shares

Own Graincorp shares in just a few minutes.

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GrainCorp Limited is a farm products business based in Australia. Graincorp shares (GNC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Graincorp has a trailing 12-month revenue of around $3.7 billion.

How to buy shares in Graincorp

  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 Graincorp. Find the share by name or ticker symbol: GNC. 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 Graincorp 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 Graincorp. 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.

Graincorp share price

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

Graincorp shares at a glance

Information last updated 2021-03-26.
52-week range$2.9445 - $5.26
50-day moving average $4.4865
200-day moving average $4.2205
Target price$8.92
PE ratio 3.4427
Dividend yield $0.07 (1.36%)
Earnings per share (TTM) $1.493

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
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
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
AUD $8
No
ASX shares, ETFs
Limited offer: Get 5 free ASX trades when you open a new account with ThinkMarkets before June 30, 2021 (T&Cs apply).
Buy and sell CHESS sponsored ASX shares with $0 brokerage on your first 5 trades. Only $8 flat fee brokerage thereafter, plus enjoy free live stock price data on an easy to use mobile app.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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Compare up to 4 providers

Is it a good time to buy Graincorp 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.

Graincorp price performance over time

Historical closes compared with the last close of A$4.22

1 month (2021-03-12) -2.99%

Is Graincorp under- or over-valued?

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

Graincorp's P/E ratio

Graincorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Graincorp shares trade at around 3x 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.

Graincorp's PEG ratio

Graincorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.36. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Graincorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Graincorp's EBITDA

Graincorp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $31.8 million (£0.0 million).

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

Graincorp financials

Revenue TTM $3.7 billion
Gross profit TTM $314.2 million
Return on assets TTM -1.26%
Return on equity TTM 2.4%
Profit margin 9.38%
Book value 4.786
Market capitalisation $1.2 billion

TTM: trailing 12 months

Graincorp share dividends

47%

Dividend payout ratio: 46.67% of net profits

Recently Graincorp has paid out, on average, around 46.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.73% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Graincorp shareholders could enjoy a 2.73% return on their shares, in the form of dividend payments. In Graincorp's case, that would currently equate to about A$0.07 per share.

While Graincorp's payout ratio might seem fairly standard, it's worth remembering that Graincorp may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 24 November 2020 (the "ex-dividend date").

Have Graincorp's shares ever split?

Graincorp's shares were split on 7 October 2009.

Graincorp share price volatility

Over the last 12 months, Graincorp's shares have ranged in value from as little as $2.9445 up to $5.26. A popular way to gauge a stock's volatility is its "beta".

GNC.AU volatility(beta: 1.25)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 Graincorp's is 1.2505. This would suggest that Graincorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Graincorp overview

GrainCorp Limited operates as a food ingredients and agribusiness company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through three segments: Grains, Malt, and Oils. The Grains segment receives, transports, tests, stores, and imports grains comprising wheat, barley, canola, and sorghum, as well as other bulk commodities. It also markets grain and agricultural products; and operates grain pools. The Malt segment produces malt products; provides brewing inputs and other malting services to brewers and distillers; sells farm inputs; and exports malt. The Oils segment is involved in processing and crushing oilseeds; supplying edible oils and feeds; operating bulk liquid port terminals; and the provision of storage, packaging, transportation, and logistics services. GrainCorp Limited was founded in 1916 and is headquartered in Sydney, 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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