Download PDF

1. Company Snapshot

1.a. Company Description

Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide.The company invests in and operates assets in the pure car and truck carrier shipping segment.It also offers commercial management services for the 19 owned carriers and 1 vessel managed by third party.


The company was founded in 2006 and is based in Oslo, Norway.

Show Full description

1.b. Last Insights on GCC

Have nothing to say about that one ...

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

Small Cap Growth Virtual Investor Conference: Presentations Now Available for Online Viewing

Oct -13

Source:

Card image cap

Gram Car Carriers to present at the Small Cap Growth Virtual Investor Conference on 12 October

Oct -10

Source:

Card image cap

Gram Car Carriers to present at the Small Cap Growth Virtual Investor Conference on 12 October

Oct -10

Source:

Card image cap

OTC Markets Group Welcomes Gram Car Carriers ASA to OTCQX

Jun -22

Source:

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (1.99%)

6. Segments

Time Character Revenue

Expected Growth: 2%

Time Character Revenue from Gram Car Carriers ASA is driven by increasing demand for eco-friendly transportation, growing e-commerce sales, and rising consumer preference for sustainable logistics. Additionally, strategic partnerships, expanded fleet capacity, and operational efficiency improvements contribute to the 2% growth rate.

Time Character Hire Commissions

Expected Growth: 1%

Time Character Hire Commissions from Gram Car Carriers ASA driven by increasing demand for car transportation services, expansion into new markets, and strategic partnerships. Additionally, investments in digitalization and process optimization have improved operational efficiency, leading to higher revenue and commission growth.

Management Fees and Time Charter Hire Commissions

Expected Growth: 3%

Gram Car Carriers ASA's 3% growth in Management Fees and Time Charter Hire Commissions is driven by increased vessel utilization, higher charter rates, and expansion of its fleet size. Additionally, the company's cost-saving initiatives and operational efficiencies have contributed to the growth. Furthermore, a strong demand for car carriers and a favorable shipping market have also supported the segment's growth.

Other

Expected Growth: 4%

Gram Car Carriers ASA's 4% growth is driven by increasing global trade, rising demand for electric vehicles, and growing need for sustainable transportation solutions. Additionally, the company's focus on operational efficiency, cost-cutting measures, and strategic partnerships contribute to its growth momentum.

7. Detailed Products

Deep Sea Car Carriers

Gram Car Carriers ASA operates a fleet of deep sea car carriers that transport vehicles across the globe, providing a safe and efficient way to move vehicles over long distances.

Short Sea Car Carriers

The company's short sea car carriers operate in regional markets, providing a flexible and reliable service for the transportation of vehicles over shorter distances.

Project Cargo Services

Gram Car Carriers ASA offers specialized project cargo services for the transportation of oversized and heavy cargo, including construction equipment, yachts, and other unusual cargo.

Roll-on/Roll-off (RORO) Services

The company's RORO services provide a convenient and efficient way to transport wheeled cargo, including cars, trucks, and heavy equipment.

8. Gram Car Carriers ASA's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Gram Car Carriers ASA is moderate due to the availability of alternative modes of transportation, such as air and land transportation.

Bargaining Power Of Customers

The bargaining power of customers is low due to the specialized nature of Gram Car Carriers ASA's services, which limits the ability of customers to negotiate prices.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate due to the presence of multiple suppliers of vessels and equipment, which limits the ability of any one supplier to exert significant influence.

Threat Of New Entrants

The threat of new entrants is low due to the high barriers to entry, including the need for significant capital investment and regulatory approvals.

Intensity Of Rivalry

The intensity of rivalry is high due to the presence of several established players in the market, leading to intense competition for market share.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 50.46%
Debt Cost 3.95%
Equity Weight 49.54%
Equity Cost -0.56%
WACC 1.72%
Leverage 101.86%

11. Quality Control: Gram Car Carriers ASA passed 6 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Global Ship Lease

A-Score: 7.6/10

Value: 8.3

Growth: 6.0

Quality: 7.5

Yield: 10.0

Momentum: 7.5

Volatility: 6.3

1-Year Total Return ->

View Full Report
Stock-Card
Ernst Russ

A-Score: 6.2/10

Value: 8.4

Growth: 9.6

Quality: 8.8

Yield: 3.1

Momentum: 5.5

Volatility: 2.0

1-Year Total Return ->

View Full Report
Stock-Card
MPC Container Ships

A-Score: 6.2/10

Value: 8.6

Growth: 6.9

Quality: 7.8

Yield: 10.0

Momentum: 1.5

Volatility: 2.3

1-Year Total Return ->

View Full Report
Stock-Card
Gram Car Carriers

A-Score: 5.9/10

Value: 6.3

Growth: 9.7

Quality: 7.9

Yield: 5.0

Momentum: 4.0

Volatility: 2.3

1-Year Total Return ->

View Full Report
Stock-Card
d'Amico Shipping

A-Score: 5.8/10

Value: 7.8

Growth: 7.9

Quality: 6.7

Yield: 9.4

Momentum: 0.5

Volatility: 2.7

1-Year Total Return ->

View Full Report
Stock-Card
Höegh Autoliners

A-Score: 5.1/10

Value: 8.4

Growth: 2.0

Quality: 7.3

Yield: 10.0

Momentum: 1.0

Volatility: 2.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

263.0$

Current Price

263$

Potential

0.00%

Expected Cash-Flows