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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
- 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At today's price of $3.77, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- 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.
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What's in this guide?
Graincorp share priceUse our graph to track the performance of GNC stocks over time.
Graincorp shares at a glance
|52-week range||$2.7673 - $8.9123|
|50-day moving average||$4.3368|
|200-day moving average||$4.0957|
|Dividend yield||$0.14 (3.33%)|
|Earnings per share (TTM)||$1.493|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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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
|1 week (2021-01-12)||-13.93%|
|1 month (2020-12-18)||-12.53%|
|3 months (2020-10-20)||-5.75%|
|6 months (2020-07-20)||-2.33%|
|1 year (2020-01-17)||-54.69%|
|2 years (2019-01-18)||-58.25%|
|3 years (2018-01-19)||-51.17%|
|5 years (2016-01-19)||-50.20%|
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 (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.
|Revenue TTM||$3.7 billion|
|Gross profit TTM||$314.2 million|
|Return on assets TTM||-1.26%|
|Return on equity TTM||2.4%|
|Market capitalisation||$977.2 million|
TTM: trailing 12 months
Graincorp share dividends
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 3.33% 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 3.33% return on their shares, in the form of dividend payments. In Graincorp's case, that would currently equate to about A$0.14 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 25 November 2020 (the "ex-dividend date").
Have Graincorp's shares ever split?
Graincorp's shares were split on 8 October 2009.
Graincorp share price volatility
Over the last 12 months, Graincorp's shares have ranged in value from as little as $2.7673 up to $8.9123. A popular way to gauge a stock's volatility is its "beta".
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 1.1966. This would suggest that Graincorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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.
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