Grand Banks Yachts (G50) AI Stock Analysis

• Market Cap: S$148.33M
• Dividend Yield: 1.89%
• Average Volume (3M): 40.55K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 1.02
• Revenue Growth: 21.45%
• EPS Growth: -15.72%
• Country: SG
• Employees: 983
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): N/A
• Shares Outstanding: 186,584,660
• 10 Day Avg. Volume: 38,090
• 30 Day Avg. Volume: 40,550
• PEG Ratio: -0.29
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 0.59
• P/FCF Ratio: 7.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: S$1.00 ▲(25.00% Upside)

Grand Banks Yachts demonstrates strong financial performance with solid revenue growth and profitability. The stock is technically strong but shows overbought signals, suggesting caution. Its attractive valuation with a low P/E ratio and reasonable dividend yield further supports its investment potential.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for luxury yachts and effective market penetration, supporting long-term business sustainability.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling investment in growth opportunities and resilience against economic fluctuations.

Low Leverage

A low leverage position reduces financial risk, allowing the company to navigate market uncertainties and invest in strategic initiatives.

Negative Factors

Margin Decline

Declining margins may indicate rising costs or pricing pressures, potentially impacting profitability if not addressed through cost management.

Earnings to Free Cash Flow Conversion

Low conversion of earnings to free cash flow suggests inefficiencies in cash management, which could limit reinvestment capacity.

Earnings Decline

A decline in earnings per share growth could signal challenges in maintaining profitability, affecting investor confidence and future growth potential.

Grand Banks Yachts Business Overview & Revenue Model

Company Description

Grand Banks Yachts Limited, together with its subsidiaries, manufactures and sells luxury recreational motor yachts in the United States, Australia, Europe, and Asia. The company offers its yachts under the Grand Banks, Eastbay, and Palm Beach brand names. It also engages in the boat brokerage and servicing activities; sells stock boats, trade-in boats, and parts; and owns properties and marinas. In addition, the company involved in investment holding and employment activities. Grand Banks Yachts Limited was founded in 1956 and is headquartered in Singapore.

How the Company Makes Money

Grand Banks Yachts generates revenue primarily through the sale of its luxury yachts, including the G50 and other models in its lineup. The company employs a direct sales model, selling boats through a network of authorized dealers and brokers, which allows them to reach a broader audience while maintaining brand integrity. Additional revenue streams include after-sales services such as maintenance, repairs, and customizations, which enhance customer satisfaction and encourage repeat business. Partnerships with suppliers of high-quality materials and cutting-edge marine technology contribute to operational efficiency and product excellence, further solidifying the company’s market position. Furthermore, Grand Banks may benefit from strategic collaborations with marine industry events and boat shows, showcasing their vessels to potential buyers and generating additional sales opportunities.

Grand Banks Yachts Financial Statement Overview

Summary

Grand Banks Yachts is performing well with strong revenue growth and profitability. The balance sheet is solid with low leverage and high return on equity. Cash flow generation has improved significantly, although there is room for improvement in converting earnings to free cash flow. The company should monitor cost management to maintain margins.

Income Statement

Grand Banks Yachts has demonstrated strong revenue growth with an 8.88% increase in the most recent year, following a significant 17.06% growth the previous year. The company maintains healthy profitability with a gross profit margin of 29.86% and a net profit margin of 11.23%. However, there is a noticeable decline in margins compared to the previous year, indicating potential cost pressures or pricing challenges.

Balance Sheet

The company exhibits a solid financial position with a low debt-to-equity ratio of 0.28, indicating conservative leverage. Return on equity is robust at 17.84%, reflecting efficient use of equity to generate profits. The equity ratio stands at 56.88%, showcasing a strong equity base relative to total assets.

Cash Flow

Grand Banks Yachts has shown impressive free cash flow growth of 163.79%, indicating improved cash generation capabilities. The operating cash flow to net income ratio is 1.71, suggesting strong cash flow relative to earnings. However, the free cash flow to net income ratio of 0.40 indicates that a significant portion of earnings is not translating into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	162.32M	162.32M	133.65M	114.17M	75.18M	96.06M
Gross Profit	48.47M	48.47M	50.73M	36.78M	19.96M	20.69M
EBITDA	29.80M	31.96M	35.24M	19.68M	8.18M	10.01M
Net Income	18.22M	18.22M	21.38M	10.11M	4.01M	4.23M
Balance Sheet
Total Assets	179.63M	179.63M	144.42M	129.48M	112.99M	107.43M
Cash, Cash Equivalents and Short-Term Investments	51.52M	51.52M	42.08M	41.07M	36.34M	45.21M
Total Debt	28.75M	28.75M	4.42M	2.48M	3.85M	5.04M
Total Liabilities	77.48M	77.48M	57.18M	60.36M	49.51M	46.56M
Stockholders Equity	102.15M	102.15M	87.24M	69.12M	63.48M	60.87M
Cash Flow
Free Cash Flow	18.49M	12.61M	4.28M	8.36M	-8.16M	36.73M
Operating Cash Flow	44.26M	31.25M	9.02M	15.16M	-977.00K	41.55M
Investing Cash Flow	-22.36M	-17.31M	-881.00K	-11.86M	-7.14M	-4.75M
Financing Cash Flow	-4.77M	-3.81M	-4.29M	-3.05M	-1.35M	-2.43M

Grand Banks Yachts Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:G50, the sentiment is Positive. The current price of 0.8 is below the 20-day moving average (MA) of 0.80, above the 50-day MA of 0.80, and above the 200-day MA of 0.61, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.78 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:G50.

Grand Banks Yachts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BHU	79 Outperform	S$84.35M	10.15	12.06%	5.12%	-1.49%	2.89%
G50	74 Outperform	S$148.33M	8.22	19.24%	1.89%	21.45%	-15.72%
42L	66 Neutral	S$72.72M	5.94	9.26%	1.99%	21.59%	21.74%
533	65 Neutral	S$85.42M	22.37	3.98%	3.75%	13.16%	-0.52%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Grand Banks Yachts Corporate Events

Grand Banks Yachts Limited Conducts Annual General Meeting

Grand Banks Yachts Limited held its Annual General Meeting at York Hotel Singapore, with key members of the board and management team in attendance. The meeting, chaired by Mr. Basil Chan, confirmed the presence of a quorum and proceeded with the agenda, highlighting the company’s commitment to governance and stakeholder engagement.

The most recent analyst rating on (SG:G50) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on Grand Banks Yachts stock, see the SG:G50 Stock Forecast page.

Palm Beach Motor Yachts Acquires Iconic Racing Yacht Wild Oats XI

Palm Beach Motor Yachts, a subsidiary of Grand Banks Yachts, has acquired the renowned ocean-racing yacht Wild Oats XI, now renamed Palm Beach XI. This acquisition is set to enhance the company’s global presence and reputation for engineering excellence, as the yacht will undergo significant modifications to compete in the 80th Rolex Sydney Hobart Yacht Race. The move reflects Palm Beach Motor Yachts’ commitment to innovation and performance, with CEO Mark Richards highlighting the strategic direction to build brand awareness and elevate the customer experience.