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Griñó Ecologic

BME:GRI
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GRI
BME
€45M
Market Cap
  1. Home
  2. ES
  3. Commercial Services
Company description

Griñó Ecologic, S.A. provides environmental and waste treatment services in Spain. The last earnings update was 225 days ago. More info.


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GRI Share Price and Events
7 Day Returns
0%
BME:GRI
1.7%
Europe Commercial Services
1.7%
ES Market
1 Year Returns
19.2%
BME:GRI
15.1%
Europe Commercial Services
6.9%
ES Market
GRI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Griñó Ecologic (GRI) 0% 0% 3.5% 19.2% 16.4% -37.1%
Europe Commercial Services 1.7% 2.3% 5.3% 15.1% 4.4% 16.8%
ES Market 1.7% -0.1% 2.1% 6.9% 2.4% -5.1%
1 Year Return vs Industry and Market
  • GRI outperformed the Commercial Services industry which returned 15.1% over the past year.
  • GRI outperformed the Market in Spain which returned 6.9% over the past year.
Price Volatility
GRI
Industry
5yr Volatility vs Market

GRI Value

 Is Griñó Ecologic undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Griñó Ecologic to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Griñó Ecologic.

BME:GRI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year ES Government Bond Rate 0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BME:GRI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ES Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 7.5%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.668 (1 + (1- 25%) (25.95%))
0.865
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.39% + (0.865 * 7.46%)
6.84%

Discounted Cash Flow Calculation for BME:GRI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Griñó Ecologic is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BME:GRI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.84%)
2020 0.86 Est @ -4.84% 0.80
2021 0.83 Est @ -3.27% 0.73
2022 0.81 Est @ -2.17% 0.66
2023 0.80 Est @ -1.4% 0.61
2024 0.79 Est @ -0.87% 0.57
2025 0.79 Est @ -0.49% 0.53
2026 0.79 Est @ -0.23% 0.49
2027 0.79 Est @ -0.04% 0.46
2028 0.79 Est @ 0.09% 0.43
2029 0.79 Est @ 0.18% 0.41
Present value of next 10 years cash flows €5.00
BME:GRI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €0.79 × (1 + 0.39%) ÷ (6.84% – 0.39%)
€12.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €12.26 ÷ (1 + 6.84%)10
€6.33
BME:GRI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €5.00 + €6.33
€11.33
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €11.33 / 30.33
€0.37
BME:GRI Discount to Share Price
Calculation Result
Value per share (EUR) From above. €0.37
Current discount Discount to share price of €1.49
= -1 x (€1.49 - €0.37) / €0.37
-298.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Griñó Ecologic is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Griñó Ecologic's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Griñó Ecologic's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BME:GRI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.00
BME:GRI Share Price ** BME (2019-12-11) in EUR €1.49
Europe Commercial Services Industry PE Ratio Median Figure of 103 Publicly-Listed Commercial Services Companies 17.65x
Spain Market PE Ratio Median Figure of 150 Publicly-Listed Companies 17.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Griñó Ecologic.

BME:GRI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:GRI Share Price ÷ EPS (both in EUR)

= 1.49 ÷ 0.00

300.83x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Griñó Ecologic is overvalued based on earnings compared to the Europe Commercial Services industry average.
  • Griñó Ecologic is overvalued based on earnings compared to the Spain market.
Price based on expected Growth
Does Griñó Ecologic's expected growth come at a high price?
Raw Data
BME:GRI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 300.83x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Commercial Services Industry PEG Ratio Median Figure of 52 Publicly-Listed Commercial Services Companies 1.44x
Spain Market PEG Ratio Median Figure of 81 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Griñó Ecologic, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Griñó Ecologic's assets?
Raw Data
BME:GRI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €0.91
BME:GRI Share Price * BME (2019-12-11) in EUR €1.49
Europe Commercial Services Industry PB Ratio Median Figure of 141 Publicly-Listed Commercial Services Companies 1.64x
Spain Market PB Ratio Median Figure of 186 Publicly-Listed Companies 1.51x
BME:GRI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:GRI Share Price ÷ Book Value per Share (both in EUR)

= 1.49 ÷ 0.91

1.64x

* Primary Listing of Griñó Ecologic.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Griñó Ecologic is good value based on assets compared to the Europe Commercial Services industry average.
X
Value checks
We assess Griñó Ecologic's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Griñó Ecologic has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GRI Future Performance

 How is Griñó Ecologic expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Griñó Ecologic has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.7%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Griñó Ecologic expected to grow at an attractive rate?
  • Unable to compare Griñó Ecologic's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Griñó Ecologic's earnings growth to the Spain market average as no estimate data is available.
  • Unable to compare Griñó Ecologic's revenue growth to the Spain market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BME:GRI Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
Europe Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5%
Spain Market Earnings Growth Rate Market Cap Weighted Average 10.1%
Spain Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BME:GRI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BME:GRI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 38 2 0
2018-09-30 36 4 0
2018-06-30 34 5 0
2018-03-31 32 4 0
2017-12-31 30 3 -1
2017-09-30 29 2 -1
2017-06-30 28 2 -2
2017-03-31 27 2 -2
2016-12-31 27 2 -2
2016-09-30 26 -1
2016-06-30 26 0
2016-03-31 26 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Griñó Ecologic is high growth as no earnings estimate data is available.
  • Unable to determine if Griñó Ecologic is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BME:GRI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Griñó Ecologic Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:GRI Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.04
2017-06-30 -0.06
2017-03-31 -0.05
2016-12-31 -0.05
2016-09-30 -0.02
2016-06-30 0.01
2016-03-31 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Griñó Ecologic will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Griñó Ecologic's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Griñó Ecologic's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Griñó Ecologic's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Griñó Ecologic's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Griñó Ecologic has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GRI Past Performance

  How has Griñó Ecologic performed over the past 5 years?

  • Griñó Ecologic's last earnings update was 225 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Griñó Ecologic's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Griñó Ecologic's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Griñó Ecologic has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Griñó Ecologic has become profitable in the last year making it difficult to compare the Europe Commercial Services industry average.
Earnings and Revenue History
Griñó Ecologic's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Griñó Ecologic Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:GRI Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 38.49 0.15 6.23
2018-09-30 36.47 -0.10 6.38
2018-06-30 34.46 -0.35 9.28
2018-03-31 32.36 -0.48 8.86
2017-12-31 30.26 -0.61 5.69
2017-09-30 29.08 -1.18 6.75
2017-06-30 27.90 -1.74 7.81
2017-03-31 27.40 -1.65 7.35
2016-12-31 26.90 -1.56 6.89
2016-09-30 26.42 -0.67 8.18
2016-06-30 25.94 0.23 9.47
2016-03-31 25.96 0.51 7.95
2015-12-31 25.97 0.80 6.42
2015-09-30 25.51 0.58 6.05
2015-06-30 25.06 0.37 0.69
2015-03-31 24.26 0.30 0.69
2014-12-31 23.47 0.24 5.67
2014-09-30 24.20 0.25 3.21
2014-06-30 24.93 0.26 0.75
2014-03-31 24.86 0.22 0.75
2013-12-31 24.78 0.19 0.75
2013-09-30 25.36 -0.54 0.75
2013-06-30 25.94 -1.27 0.76
2013-03-31 26.80 -1.60 0.76
2012-12-31 27.66 -1.93 0.76

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Griñó Ecologic has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Griñó Ecologic used its assets less efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • Griñó Ecologic has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Griñó Ecologic's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Griñó Ecologic has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GRI Health

 How is Griñó Ecologic's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Griñó Ecologic's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Griñó Ecologic is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Griñó Ecologic's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Griñó Ecologic's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Griñó Ecologic Company Filings, last reported 11 months ago.

BME:GRI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 27.57 11.23 5.63
2018-09-30 27.57 11.23 5.63
2018-06-30 27.14 10.91 3.83
2018-03-31 27.14 10.91 3.83
2017-12-31 27.47 11.54 2.76
2017-09-30 27.47 11.54 2.76
2017-06-30 27.67 12.34 6.12
2017-03-31 27.67 12.34 6.12
2016-12-31 28.29 12.78 5.42
2016-09-30 28.29 12.78 5.42
2016-06-30 29.50 12.92 3.29
2016-03-31 29.50 12.92 3.29
2015-12-31 29.95 13.93 4.65
2015-09-30 29.95 13.93 4.65
2015-06-30 29.33 15.95 3.04
2015-03-31 29.33 15.95 3.04
2014-12-31 29.19 13.97 2.68
2014-09-30 29.19 13.97 2.68
2014-06-30 31.07 0.00 4.27
2014-03-31 31.07 0.00 4.27
2013-12-31 30.80 14.20 4.63
2013-09-30 30.80 14.20 4.63
2013-06-30 30.14 4.95 2.93
2013-03-31 30.14 4.95 2.93
2012-12-31 29.90 16.16 4.28
  • Griñó Ecologic's level of debt (40.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (45.6% vs 40.7% today).
  • Debt is not well covered by operating cash flow (19.7%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 23.6x coverage).
X
Financial health checks
We assess Griñó Ecologic's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Griñó Ecologic has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GRI Dividends

 What is Griñó Ecologic's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Griñó Ecologic dividends.
If you bought €2,000 of Griñó Ecologic shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Griñó Ecologic's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Griñó Ecologic's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BME:GRI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 75 Stocks 3%
Spain Market Average Dividend Yield Market Cap Weighted Average of 81 Stocks 4.3%
Spain Minimum Threshold Dividend Yield 10th Percentile 1.4%
Spain Bottom 25% Dividend Yield 25th Percentile 2.3%
Spain Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Griñó Ecologic has not reported any payouts.
  • Unable to verify if Griñó Ecologic's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Griñó Ecologic's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Griñó Ecologic has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Griñó Ecologic's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Griñó Ecologic afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Griñó Ecologic has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GRI Management

 What is the CEO of Griñó Ecologic's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Juan Griño Piró
CEO Bio

Mr. Juan Griño Piró serves as Chief Executive Officer and Chairman of the Board of Directors at Griñó Ecologic S.A.

CEO Compensation
  • Insufficient data for Juan to compare compensation growth.
  • Insufficient data for Juan to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Juan Griño Piró

TITLE
Chairman of the Board of Directors and Chief Executive Officer

Joana Piró Alamón

TITLE
Secretary
Board of Directors

Juan Griño Piró

TITLE
Chairman of the Board of Directors and Chief Executive Officer

Francesc Griño Batlle

TITLE
Vice-Chairman of the Board of Directors

Jordi Dolader I Clará

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Griñó Ecologic's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Griñó Ecologic has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GRI News

Simply Wall St News

Does Griñó Ecologic (BME:GRI) Have A Healthy Balance Sheet?

BME:GRI Historical Debt, August 6th 2019 How Healthy Is Griñó Ecologic's Balance Sheet? … So the logical step is to look at the proportion of that EBIT that is matched by actual free cash flow. … Over the last two years, Griñó Ecologic actually produced more free cash flow than EBIT.

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Is Griñó Ecologic, S.A. (BME:GRI) Investing Your Capital Efficiently?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Griñó Ecologic: 0.021 = €737k ÷ (€54m - €18m) (Based on the trailing twelve months to December 2018.) So, Griñó Ecologic has an ROCE of 2.1%. … What Are Current Liabilities, And How Do They Affect Griñó Ecologic's ROCE? … With a medium level of current liabilities boosting the ROCE a little, Griñó Ecologic's low ROCE is unappealing.

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Some Griñó Ecologic (BME:GRI) Shareholders Have Copped A Big 52% Share Price Drop

Check out our latest analysis for Griñó Ecologic We don't think that Griñó Ecologic's modest trailing twelve month profit has the market's full attention at the moment. … Over five years, Griñó Ecologic grew its revenue at 8.6% per year. … BME:GRI Income Statement, June 10th 2019 Take a more thorough look at Griñó Ecologic's financial health with this free report on its balance sheet.

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What does Griñó Ecologic, S.A.'s (BME:GRI) Balance Sheet Tell Us About Its Future?

(BME:GRI) with its market cap of €42m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Are Griñó Ecologic SA's (BME:GRI) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Griñó Ecologic SA (BME:GRI), with a market cap of €38m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

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What does Griñó Ecologic SA's (BME:GRI) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as Griñó Ecologic SA (BME:GRI) with its market cap of €37.89m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

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What Does Griñó Ecologic SA.'s (BME:GRI) Ownership Structure Look Like?

Check out our latest analysis for Griñó Ecologic BME:GRI Ownership_summary Mar 22nd 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Private Company Ownership Potential investors in GRI should also look at another important group of investors: private companies, with a stake of 94.41%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership in GRI is not at a level that would concern investors.

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What Investors Should Know About Griñó Ecologic SA.'s (BME:GRI) Financial Strength

GRI has shrunken its total debt levels in the last twelve months, from €14.29M to €13.05M – this includes both the current and long-term debt. … Moreover, GRI has generated cash from operations of €2.03M over the same time period, resulting in an operating cash to total debt ratio of 15.52%, signalling that GRI’s debt is not appropriately covered by operating cash. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, GRI has room for improvement to better cushion for events which may require debt repayment.

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GRI Company Info

Description

Griñó Ecologic, S.A. provides environmental and waste treatment services in Spain. Its environmental services include custom, collection, and transportation; high pressure industrial cleaning; and management of urban and industrial waste. The company also operates waste treatment centers that offer transfer, sorting and recycling, composting, fuel production, disposal, and hazardous waste and energy recovery services. In addition, it generates energy from waste through energy recovery plants, diesel recovery plants, and gas plants. The company was founded in 1933 and is based in Lleida, Spain. Griñó Ecologic, S.A. is a subsidiary of Corporació Griñó, S.L.

Details
Name: Griñó Ecologic, S.A.
GRI
Exchange: BME
Founded: 1933
€45,184,378
30,325,086
Website: http://www.grinyo.com
Address: Griñó Ecologic, S.A.
c/ Historiador Josep Lladonosa, 2,
Lleida,
Catalonia, 25002,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME GRI Share Capital Bolsas y Mercados Espanoles ES EUR 29. Jul 2011
Number of employees
Current staff
Staff numbers
288
Griñó Ecologic employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/11 21:37
End of day share price update: 2019/12/11 00:00
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.