Grandstand Limited (GRSD) Key Metrics
GRSD valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $48.1M
- Enterprise value
- $172.1M
- P/E (TTM)
- —
- Forward P/E
- 17.7
- PEG ratio
- —
- Price / sales
- 0.3
- Price / book
- 0.5
- EV / EBITDA
- 11.0
- Dividend yield
- —
- Beta
- 0.57
GRSD key metrics, 2022–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGRSD returns How much profit the business earns on the capital it uses.
GRSD per-share figures Results divided by the shares outstanding at year-end.
GRSD financial health Debt, liquidity and how easily interest is covered.
GRSD efficiency & capital use Working capital cycle and where the cash goes.
GRSD returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GRSD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GRSD cash returned to shareholders
GRSD key metrics
2022–2025| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Per share | ||||
| Revenue per share | $4.66 | $3.66 | $2.92 | $2.10 |
| Earnings per share | −$0.93 | $0.88 | $0.49 | $0.07 |
| Operating cash flow per share | $0.54 | $1.08 | $0.48 | $0.51 |
| Free cash flow per share | $0.40 | $0.38 | $0.23 | $0.26 |
| Cash per share | $0.45 | $0.39 | $0.68 | $0.81 |
| Book value per share | $3.04 | $3.54 | $3.19 | $2.39 |
| Tangible book value per share | −$3.88 | −$0.22 | $0.56 | −$0.04 |
| Dividends per share | $0.00 | $0.00 | $0.00 | $0.00 |
| Capex per share | $0.13 | $0.70 | $0.25 | $0.25 |
| Debt per share | $3.48 | $0.80 | $0.05 | $0.06 |
| Shares outstanding | 35.5M | 34.8M | 37.2M | 36.5M |
| Change in shares outstanding | +2.1% | −6.6% | +2.1% | — |
| Returns & profitability | ||||
| Return on equity (ROE) | −28.5% | 25.3% | 17.7% | 2.7% |
| Return on invested capital (ROIC) | 14.3% | 25.7% | 30.2% | 17.6% |
| Return on assets (ROA) | −13.8% | 18.4% | 12.4% | 1.7% |
| Return on tangible assets | −61.0% | 64.2% | 32.1% | 4.7% |
| Free cash flow margin | 8.7% | 10.5% | 8.0% | 12.4% |
| Income quality (OCF / net income) | — | 1.23 | 0.98 | 7.85 |
| Financial health | ||||
| Total debt | $123.4M | $28.0M | $1.7M | $2.1M |
| Cash & short-term investments | $15.8M | $13.7M | $25.4M | $29.7M |
| Net debt | $107.6M | $14.2M | −$23.7M | −$27.6M |
| Debt / equity | 1.14 | 0.23 | 0.01 | 0.02 |
| Debt / assets | 0.41 | 0.16 | 0.01 | 0.01 |
| Net debt / EBITDA | — | 0.33 | −1.02 | −2.55 |
| Current ratio | 1.21 | 1.17 | 1.45 | 1.32 |
| Quick ratio | 1.21 | 1.17 | 1.45 | 1.32 |
| Interest coverage | 4.2 | 13.5 | 32.8 | 13.7 |
| Working capital | $7.3M | $5.2M | $14.6M | $10.3M |
| Invested capital | $215.6M | $137.4M | $95.2M | $59.5M |
| Tangible asset value | −$137.7M | −$7.6M | $20.9M | −$1.4M |
| Net current asset value | −$149.4M | −$20.5M | $11.4M | −$9.8M |
| Graham number | — | $8.39 | $5.94 | $1.88 |
| Graham net-net per share | −$4.47 | −$0.78 | $0.12 | −$0.38 |
| Capital allocation | ||||
| Dividends paid | $0 | $0 | $0 | $0 |
| Share buybacks (net) | $5.6M | $27.1M | $2.6M | $348,000 |
| Dividend payout ratio | — | 0.0% | 0.0% | 0.0% |
| Dividends + buybacks / free cash flow | 38.9% | 202.8% | 29.7% | 3.7% |
| Capex / revenue | 2.9% | 19.1% | 8.5% | 12.1% |
| Capex / operating cash flow | 24.9% | 64.5% | 51.6% | 49.5% |
| Capex / depreciation | 0.33 | 4.19 | 4.43 | 1.33 |
| Stock-based compensation / revenue | 4.2% | 3.9% | 3.3% | 4.2% |
| R&D / revenue | — | — | 9.5% | 8.8% |
| SG&A / revenue | 60.2% | 57.5% | 60.0% | 67.0% |
| Efficiency | ||||
| Days sales outstanding | 46.8 | 56.6 | 51.6 | 51.4 |
| Days of inventory on hand | — | — | — | 9.3 |
| Days payables outstanding | 64.7 | 103.1 | 62.0 | 152.3 |
| Cash conversion cycle (days) | -17.9 | -46.5 | -8.9 | -91.7 |
| Receivables turnover | 7.80 | 6.45 | 7.07 | 7.11 |
| Payables turnover | 5.64 | 3.54 | 5.88 | 2.40 |
| Inventory turnover | — | — | — | 39.45 |
| Asset turnover | 0.69 | 0.76 | 0.74 | 0.55 |
| Average receivables | $21.2M | $19.7M | $15.4M | $10.8M |
| Average payables | $2.7M | $2.1M | $1.5M | $1.2M |
| Average inventory | — | — | $37,500 | $75,000 |
| Intangibles / total assets | 82.0% | 73.2% | 63.3% | 63.7% |
Computed from GRSD's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GRSD valuation and financial ratios
Grandstand earned a return on equity of −28.5% and a return on invested capital of 14.3% in fiscal 2025. It ended the year with $123.4 million of debt and $15.8 million in cash and short-term investments, net debt of $107.6 million. It returned $5.6 million to shareholders: $0 in dividends and $5.6 million in share buybacks, 39% of free cash flow.
See the GRSD income statement, the GRSD chart for price history, or the GRSD stock overview for the latest quote and news.
GRSD key metrics FAQ
What is Grandstand's return on equity?
Grandstand's return on equity (ROE) was −28.5% in fiscal 2025: net income of -$32.9 million on average shareholders' equity of $115.6 million.
What is Grandstand's ROIC?
Grandstand's return on invested capital was 14.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Grandstand have?
Grandstand had total debt of $123.4 million at the end of fiscal 2025, a debt-to-equity ratio of 1.14.
Does Grandstand pay a dividend?
Grandstand did not pay a dividend in fiscal 2025.
Does Grandstand buy back its shares?
Yes. Grandstand spent $5.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +2.1% over the year, to 35.5M..
What is Grandstand's current ratio?
Grandstand's current ratio was 1.21 at the end of fiscal 2025: current assets were 1.21 times current liabilities.