GR Engineering Services Limited (GNG) - Research

$0.850 0.05 (5.56%)

GNG General Information +

ASX Code GNG
Website http://www.gres.com.au
GICS Sub-Industry Diversified Metals & Mining
Market Cap ($M) 130
Current Price $0.850
Day High $0.890
Day Low $0.850
Last Close $0.900
Price Movement $0.05 ( 5.56% )
Prices as at 16:40, 16 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

GNG Company Overview

Business Description

GR Engineering Services Limited (GNG) is an engineering consulting and contracting company providing fixed price engineering design and construction services to the resources and mineral processing industries and the provision of operations, maintenance and well management services to the oil and gas sector. GNG has three divisions namely, Design and Construction Services, Consulting Services, and Asset Management Services.

GNG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 0.00 9.50 48.10% 9.00 6.50 7.70% 0.0%
2020 F 0.00 6.40 53.00% 13.30 4.50 5.30% 0.0%
2019 A 6.53 4.20 -47.40% 27.80 6.00 5.10% 66.7%

GNG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
BHP Group (BHP) $109,379M 0.0606 0.1626 -0.0991 14.0267 12.0650 13.3922 9.02% 5.70% 4.99%
GR Engineering Services (GNG) $138M -0.4743 0.5298 0.4805 21.4797 14.0406 9.4837 6.67% 5.00% 7.22%
Independence Group (IGO) $3,834M 0.4571 1.6194 -0.2365 52.3387 19.9815 26.1694 1.54% 2.26% 2.20%
Rio Tinto (RIO) $34,631M 0.1465 0.3204 -0.0601 12.9562 9.8124 10.4400 8.35% 7.48% 6.56%
South32 (S32) $14,045M -0.7088 1.5627 -0.1094 25.9225 10.1152 11.3581 5.93% 4.56% 4.54%

GNG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.50 18.20 2.81 0.36
Market 0.61 17.70 1.24 1.38
Sector 1.56 13.00 1.39 0.45

GNG Directors

Name Position Start Date
Mr Tony Marco Patrizi Executive Director 4 Sep 2006
Mr Geoffrey Michael Jones Managing Director 26 Jun 2013
Mr Barry Sydney Patterson Non-Executive Director 3 Jan 2007
Mr Giuseppe (Joe) Totaro Non-Executive Director 1 Jul 2019
Mr Peter John Hood Non-Executive Director 10 Feb 2011
Mr Phillip (Phil) Clive Lockyer Non-Executive Director, Non-Executive Chairman 4 Oct 2016

GNG Management

Name Position
Omesh Motiwalla Chief Financial Officer,Company Secretary
Rodney Schier Engineering Manager
Thomas Marshall Manager - Eastern Region
David Sala Tenna Manager - Projects
Stephen Kendrick Manager - Projects

GNG Substantial Shareholders

Holding Name
19,298,599 (12.57%) Citicorp Nominees Pty Ltd
12,325,000 (8.03%) David Joseph & Jane Frances Sala Tenna
10,524,000 (6.86%) Joley Pty Ltd
9,798,578 (6.38%) Parsian Pty Ltd
9,500,000 (6.19%) Quintal Pty Ltd
9,025,000 (5.88%) Kingarth Pty Ltd
8,100,000 (5.28%) Beverley Jone Schier
8,000,000 (5.21%) Giuseppt Totaro
7,887,635 (5.14%) J P Morgan Nominees Australia Limited

GNG Calendar of Events

Date Event
24 August 2020 Report (Prelim)
24 February 2020 Report (Interim)
23 October 2019 Div Pay Date
11 October 2019 Report (Annual)
11 October 2019 Books Close
10 October 2019 Div Ex Date

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