Grit Real Estate Income Group Limited is the leading pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multinational tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for both income and capital growth. The Company holds its primary listing on the main market of the London Stock Exchange (LSE: GR1T) and a dual currency trading secondary listing on the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR)).
Stock data | 2023 | Change |
---|---|---|
Price | $13.25 | N/A |
Market Cap | $6.39B | N/A |
Shares Outstanding | 482.25M | 20.85% |
Employees | 157.00 | N/A |
Shareholder Equity | 333.62M | -9.68% |
Valuation | 2023 | Change |
---|---|---|
P/S Ratio | 113.60 | N/A |
P/B Ratio | 19.15 | N/A |
Growth | 2023 | Change |
---|---|---|
Return on Equity | -0.0767 | N/A |
Earnings | 2023 | Change |
---|---|---|
Revenue | $56.25M | N/A |
Earnings | -$25.57M | N/A |
Gross Margin | 0.8289 | N/A |
Operating Margin | 0.4263 | N/A |
Net income margin | -0.4546 | N/A |
Financial Strength | 2023 | Change |
---|---|---|
Total Assets | $907.69M | N/A |
Total Debt | $459.50M | N/A |
Cash on Hand | $9.21M | N/A |
Debt to Equity | $1.72 | 11.93% |
Cash to Debt | 0.0200 | -63.72% |
Current Ratio | 0.2358 | -42.91% |