Australian grain handling, storage, export and processing company, plus an edible oils and malt/feed ingredients business.
Australian grain handling, storage, export and processing company, plus an edible oils and malt/feed ingredients business.
Earns fees for receiving and storing growers' grain at its network of silos and ports, plus a trading margin on grain it buys and ships to export buyers, so crop size drives volumes. It also crushes oilseeds into oils and meal.
In one line: Australia's smaller, grain-focused Archer-Daniels-Midland.
Moat: narrow (installed base, scale, distribution). Its east-coast grain storage/port network is expensive to duplicate and captures local grower volumes.
Headquarters: Sydney, Australia · Founded: 1916
Size Graincorp (GNC.AX) is an Australia Industrials company (Miscellaneous Commercial Services) with a market value of $1.02B, the 177th largest of 316 Australia companies the cockpit tracks. Shares closed at A$6.80 on 6 Nov 2026.
Performance Over six months the shares gained 9.3%, against -16.4% for the median peer and +4.1% for the Australia market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue fell 1.7% over the last twelve months (peer median +8.1%); the operating margin is 0.2% (peer median 10.5%).
Valuation It trades at 46.7× forward earnings against a peer median of 17.3× (3rd most expensive of 19).
Capital Return on invested capital runs 5.3 points below its cost of capital (5.6% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | A$7.08B | A$7.29B | A$6.49B | A$8.21B | A$7.85B |
| Revenue growth | — | +12% | -21% | +5% | — |
| Gross profit | A$174M | A$392M | A$176M | A$781M | A$1.18B |
| EBITDA | A$130M | A$363M | A$162M | A$692M | A$1.10B |
| Net income | -A$13.6M | A$39.9M | A$61.8M | A$250M | A$380M |
| Free cash flow | -A$52.3M | A$177M | A$76.0M | A$509M | A$364M |
| Capital expenditure | A$71.7M | A$72.4M | A$54.7M | A$66.3M | A$80.8M |
| Total debt | n/a | A$834M | A$940M | A$1.21B | A$1.10B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Graincorp GNC.AX | $1.02B | +9% | -2% | 0% | 46.7× | n/a |
| Bunge Global BG | $19.0B | -20% | +55% | 4% | 9.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GNC.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.4% | -0.3% | 11th highest of 21 |
| 6-month return | +9.3% | -16.4% | highest of 21 |
| Distance from 52-week high | -24.4% | -27.9% | 9th highest of 21 |
| Revenue growth (TTM) | -1.7% | +8.1% | 3rd lowest of 21 |
| Operating margin | 0.2% | 10.5% | 3rd lowest of 21 |
| Forward P/E | 46.7× | 17.3× | 3rd most expensive of 19 |
| ROIC minus cost of capital | -5.3 pp | +1.6 pp | 4th lowest of 19 |
| Net debt / EBITDA | 12.4× | 0.7× | most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Graincorp GNC.AX | Australia | $1.02B | +9% | -2% | 0% | 46.7× | n/a | n/a |
| Willdan WLDN | United States | $1.01B | -25% | +18% | 7% | 14.5× | 15.4% | +11.8% |
| Shenzhen Boshijie Technology 301608.SZ | China | $1.00B | -20% | +15% | 14% | 20.9× | n/a | n/a |
| Neurones NRO.PA | France | $1.04B | +5% | +7% | 9% | 17.1× | -8.3% | +10.3% |
| GL events GLO.PA | France | $991M | -14% | +6% | 10% | 8.7× | 3.1% | +29.1% |
| Shanghai Action Education Tehnology 605098.SS | China | $991M | -10% | +15% | 40% | 16.3× | -3.0% | +16.4% |
| Rites RITES.NS | India | $990M | -15% | +11% | 20% | 19.7× | 19.8% | +5.3% |
| Smartgroup SIQ.AX | Australia | $1.06B | +1% | +10% | 37% | 16.8× | -0.5% | +8.8% |
| Beijing Cuiwei Tower 603123.SS | China | $1.07B | -23% | -12% | -18% | n/a | n/a | n/a |
| BrightView BV | United States | $1.08B | -10% | +1% | 4% | 20.6× | n/a | n/a |
| Prosegur Cash CASH.MC | Spain | $1.09B | +5% | -5% | 11% | 9.6× | -13.0% | +5.7% |
| B2 Impact B2I.OL | Norway | $947M | +1% | +9% | 48% | 10.2× | -8.3% | +3.1% |
| Service Stream SSM.AX | Australia | $943M | +7% | +1% | 3% | 17.6× | 11.7% | +24.0% |
| FESCO 600861.SS | China | $1.11B | -18% | +4% | 1% | 10.4× | n/a | n/a |
| W.A.G. Payment Solutions EWG.L | United Kingdom | $935M | -4% | +16% | 3% | 17.5× | -1.7% | +12.2% |
| Wavestone WAVE.PA | France | $931M | -22% | +1% | 12% | 10.0× | -5.3% | +18.0% |
| Shaanxi Fenghuo Electronics 000561.SZ | China | $929M | -24% | +8% | -26% | n/a | n/a | n/a |
| Naruida Technology 688522.SS | China | $1.14B | -28% | +20% | 14% | 22.0× | n/a | n/a |
| Embedway Technologies (Shanghai) 603496.SS | China | $910M | -37% | +4% | 1% | 137.0× | 54.3% | +14.5% |
| EMTEK (Shenzhen) 300938.SZ | China | $1.16B | -44% | +11% | 27% | 33.1× | n/a | n/a |
| SBT Ultrasonic Technology 688392.SS | China | $1.16B | -19% | +42% | 17% | 52.9× | n/a | n/a |