0.00%
0.57%
1.94%
13.36%
61.35%
373.87%
373.87%
AI Spotlight on GCC
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.
Market Data
| Last Price | 263 |
| Change Percentage | 0.57% |
| Open | 261.5 |
| Previous Close | 261.5 |
| Market Cap ( Millions) | 7623 |
| Volume | 70 |
| Year High | 268 |
| Year Low | 155.8 |
| M A 50 | 259.65 |
| M A 200 | 225.61 |
Financial Ratios
| FCF Yield | 19.31% |
| Dividend Yield | 7.35% |
| ROE | 40.42% |
| Debt / Equity | 89.81% |
| Net Debt / EBIDTA | 146.29% |
| Price To Book | 2.39 |
| Price Earnings Ratio | 6.38 |
| Price To FCF | 5.18 |
| Price To sales | 3.35 |
| EV / EBITDA | 6.06 |
News
- Oct -13 - Small Cap Growth Virtual Investor Conference: Presentations Now Available for Online Viewing
- Oct -10 - Gram Car Carriers to present at the Small Cap Growth Virtual Investor Conference on 12 October
- Oct -10 - Gram Car Carriers to present at the Small Cap Growth Virtual Investor Conference on 12 October
- Jun -22 - OTC Markets Group Welcomes Gram Car Carriers ASA to OTCQX
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Time Character Revenue
Expected Growth : 2 %
What the company do ?
Time Charter Revenue from Gram Car Carriers ASA refers to the income generated from leasing out vessels on a time charter basis, where the charterer pays a daily rate for the use of the vessel.
Why we expect these perspectives ?
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.
Segment n°2 -> Time Character Hire Commissions
Expected Growth : 1 %
What the company do ?
Time Charter Hire Commissions from Gram Car Carriers ASA refers to the revenue earned by Gram Car Carriers ASA from chartering out their vessels to other companies for a fixed period.
Why we expect these perspectives ?
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.
Segment n°3 -> Management Fees and Time Charter Hire Commissions
Expected Growth : 3 %
What the company do ?
Management Fees refer to costs incurred by Gram Car Carriers ASA for managing vessels, while Time Charter Hire Commissions are fees earned from chartering vessels to third parties.
Why we expect these perspectives ?
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.
Segment n°4 -> Other
Expected Growth : 4 %
What the company do ?
Gram Car Carriers ASA's 'Other' segment includes income from management services, chartering, and other activities not related to vessel operations.
Why we expect these perspectives ?
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.
Gram Car Carriers Asa Products
| Product Range | What is it ? |
|---|---|
| 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. |
Gram Car Carriers ASA's Porter Forces
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.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 50.46% |
| Debt Cost | 3.95% |
| Equity Weight | 49.54% |
| Equity Cost | -0.56% |
| WACC | 1.72% |
| Leverage | 101.86% |
Gram Car Carriers ASA : Quality Control
Gram Car Carriers ASA passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HXCK.DE | Ernst Russ AG is a publicly owned investment manager. It invest in shipping, alternative investments, real estate, private equity and renewable energy. Within ship participation, the firm invests in part-owning … |
| HAUTO.OL | Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, … |
| GSL | Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships … |
| MPCC.OL | MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on feeder vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU). It operates a fleet … |
| DIS.MI | d'Amico International Shipping S.A., through its subsidiaries, operates as a marine transportation company worldwide. It primarily transports refined petroleum products and vegetable oils through various double-hulled vessels. The company serves … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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MPC Container Ships
A-Score
1-Year Total Return ->
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Gram Car Carriers
A-Score
1-Year Total Return ->
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Global Ship Lease
A-Score
1-Year Total Return ->
4
Ernst Russ
A-Score
1-Year Total Return ->
5
Höegh Autoliners
A-Score
1-Year Total Return ->
6
