GIC - Global Industrial Company Stock Price, Fair Value and News

40.20USD-0.25 (-0.62%)Delayed

Market Summary

USD40.20-0.25

Delayed

-0.62%

GIC Alerts

3 major insider sales recently.

GIC Stock Price

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GIC RSI Chart

GIC Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

21.69

Price/Sales (Trailing)

1.2

EV/EBITDA

14.91

Price/Free Cashflow

14.18

GIC Price/Sales (Trailing)

GIC Profitability

EBT Margin

7.47%

Return on Equity

27.7%

Return on Assets

13.77%

Free Cashflow Yield

7.05%

GIC Fundamentals

GIC Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

22.88%

Rev. Growth (Qtr)

-9.73%

GIC Earnings

Earnings (TTM)

70.7M

Earnings Growth (Yr)

10.87%

Earnings Growth (Qtr)

-26.09%

Breaking Down GIC Revenue

Last 7 days

-0.8%

Last 30 days

-10.7%

Last 90 days

-0.4%

Trailing 12 Months

51.1%

How does GIC drawdown profile look like?

GIC Financial Health

Current Ratio

1.89

Debt/Equity

4e-4

Debt/Cashflow

1.1K

GIC Investor Care

Dividend Yield

1.99%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

0.45%

Diluted EPS (TTM)

1.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.2B	1.2B	1.2B	1.3B
2022	1.1B	1.1B	1.2B	1.2B
2021	1.1B	1.1B	1.1B	1.1B
2020	942.0M	935.5M	977.3M	1.0B
2019	916.9M	934.3M	942.4M	946.9M
2018	813.8M	842.3M	873.7M	896.9M
2017	1.1B	978.7M	892.9M	791.8M
2016	1.6B	1.5B	1.3B	1.2B
2015	2.1B	2.0B	1.9B	1.9B
2014	3.0B	2.7B	2.4B	2.1B
2013	3.5B	3.5B	3.4B	3.4B
2012	3.7B	3.6B	3.6B	3.5B
2011	3.6B	3.7B	3.7B	3.7B
2010	0	3.3B	3.4B	3.6B
2009	0	0	0	3.2B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Global Industrial Company

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	leeds bruce	sold	-15,637,000	41.15	-380,000	vice chairman
Mar 14, 2024	leeds robert	sold	-15,637,000	41.15	-380,000	vice chairman
Mar 14, 2024	leeds richard	sold	-15,637,000	41.15	-380,000	executive chairman
Mar 02, 2024	tomey alex	acquired	10,608	23.1625	458	svp & chief merchandising ofc.
Mar 02, 2024	axmacher thomas	acquired	6,052	29.24	207	vp & controller
Mar 02, 2024	adina storch	acquired	10,614	29.24	363	svp & general counsel
Mar 02, 2024	shetty manoj	acquired	1,023	29.24	35.00	svp & chief information ofc.
Mar 02, 2024	longhito christopher	acquired	1,922	23.1625	83.00	svp & chief supply chain ofc.
Mar 02, 2024	clark thomas eugene	acquired	10,614	29.24	363	svp & chief financial officer
Feb 28, 2024	longhito christopher	sold (taxes)	-11,483	43.83	-262	svp & chief supply chain ofc.

Which funds bought or sold GIC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Lindbrook Capital, LLC	unchanged	-	1,592	12,001	-%
Apr 25, 2024	nVerses Capital, LLC	new	-	102,994	102,994	0.25%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-0.66	1,166,160	9,189,520	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	unchanged	-	31,518	237,603	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-74.02	-46,000	20,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	33,193	241,429	-%
Apr 19, 2024	DENALI ADVISORS LLC	unchanged	-	234,761	1,769,800	0.52%
Apr 19, 2024	Leeward Financial Partners, LLC	new	-	224,482	224,482	0.10%
Apr 19, 2024	Westside Investment Management, Inc.	new	-	13,185	13,185	-%
Apr 19, 2024	Copeland Capital Management, LLC	added	1.29	5,542	38,556	-%

Are Funds Buying or Selling GIC?

Are funds buying GIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GIC

No. of Funds

GIC Alerts

3 major insider sales recently.

Unveiling Global Industrial Company's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 05, 2024	mawer investment management ltd.	5.10%	1,939,649	SC 13G/A
Feb 14, 2023	leeds richard	34.81%	13,213,806	SC 13G/A
Feb 13, 2023	mawer investment management ltd.	4.73%	1,797,128	SC 13G/A
Feb 14, 2022	leeds richard	30.34%	11,473,655	SC 13G/A
Feb 14, 2022	prescott general partners llc	3.4%	1,282,421	SC 13G/A
Feb 10, 2022	mawer investment management ltd.	5.88%	2,223,583	SC 13G

Recent SEC filings of Global Industrial Company

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	ARS	ARS
Apr 24, 2024	DEF 14A	DEF 14A
Apr 24, 2024	DEFA14A	DEFA14A
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 14, 2024	144	Notice of Insider Sale Intent
Mar 14, 2024	144	Notice of Insider Sale Intent
Mar 14, 2024	144	Notice of Insider Sale Intent
Mar 12, 2024	10-K	Annual Report

Peers (Alternatives to Global Industrial Company)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FDX	65.4B	87.5B	-7.68%	17.63%	14.88	0.75	-5.51%	46.89%
GWW	45.7B	16.6B	-8.98%	33.35%	25.12	2.75	6.06%	7.73%
FAST	39.0B	7.4B	-11.76%	26.42%	33.73	5.29	3.46%	4.06%
JBHT	16.7B	12.5B	-17.00%	-4.74%	25.41	1.33	-13.81%	-28.77%
EXPD	16.3B	9.3B	-6.56%	1.51%	21.65	1.75	-45.52%	-44.53%
MID-CAP
CHRW	8.2B	17.6B	-5.50%	-29.54%	25.25	0.47	-28.75%	-65.43%
KNX	7.6B	7.1B	-12.50%	-15.31%	34.88	1.06	-3.86%	-71.85%
AIT	7.0B	4.5B	-8.53%	33.18%	18.69	1.56	3.72%	12.24%
BECN	6.3B	9.1B	4.22%	68.30%	14.44	0.69	8.19%	-5.10%
ARCB	3.0B	4.4B	-6.85%	42.14%	15.38	0.68	-11.96%	-34.46%
SMALL-CAP
BXC	976.8M	3.1B	-11.97%	64.57%	20.13	0.31	-29.52%	-83.61%
CYRX	801.8M	233.3M	-9.66%	-21.41%	-8.05	3.44	-1.70%	-153.19%
CVLG	586.2M	1.1B	-2.11%	26.10%	10.61	0.53	-9.31%	-49.18%
DSKE	391.3M	1.6B	0.24%	4.02%	-22.11	0.25	-11.50%	-135.26%
AIRT	70.5M	220.4M	18.99%	1.63%	-6.49	0.32	16.77%	-270.60%

Global Industrial Company News

Latest updates

Global Industrial Company Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-9.7%	320	355	326	274	261	299	319	289	262	277	273	251	274	286	242	227	222	244	249	232	218
Gross Profit	-7.0%	108	116	113	98.00	94.00	107	113	108	97.00	102	98.00	77.00	93.00	102	85.00	77.00	75.00	84.00	86.00	80.00	73.00
S&GA Expenses	-1.5%	87.00	88.00	84.00	81.00	76.00	79.00	83.00	78.00	71.00	71.00	73.00	71.00	72.00	71.00	65.00	65.00	61.00	67.00	66.00	67.00	59.00
EBITDA Margin	-0.3%	0.08*	0.08*	0.08*	0.08*	0.09*	0.10*	0.10*	0.10*	0.09*	0.08*	0.08*	0.08*	-	-	-	-	-	-	-	-	-
Interest Expenses	114.3%	0.00	-0.70	-0.30	-0.20	0.00	-0.60	-0.30	-0.40	0.00	-0.20	-0.10	-0.10	-	0.00	-	-0.20	-	-0.10	0.00	-	1.00
Income Taxes	-10.3%	6.00	7.00	7.00	4.00	4.00	7.00	8.00	7.00	6.00	7.00	4.00	1.00	5.00	7.00	5.00	3.00	3.00	5.00	5.00	3.00	3.00
Earnings Before Taxes	-22.5%	21.00	28.00	29.00	18.00	18.00	27.00	30.00	29.00	26.00	30.00	25.00	7.00	21.00	32.00	20.00	11.00	14.00	18.00	20.00	13.00	15.00
EBT Margin	-0.8%	0.07*	0.08*	0.08*	0.08*	0.09*	0.10*	0.10*	0.10*	0.08*	0.08*	0.08*	0.08*	-	-	-	-	-	-	-	-	-
Net Income	-26.1%	15.00	21.00	22.00	13.00	14.00	20.00	23.00	22.00	43.00	23.00	22.00	15.00	16.00	25.00	16.00	8.00	12.00	13.00	15.00	10.00	13.00
Net Income Margin	-2.6%	0.06*	0.06*	0.06*	0.06*	0.07*	0.09*	0.10*	0.10*	0.10*	0.07*	0.07*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	-78.9%	8.00	37.00	36.00	28.00	24.00	23.00	11.00	-15.20	-1.10	17.00	10.00	20.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.7%	513	528	554	462	455	474	505	446	405	430	403	392	375	443	397	361	397	400	390	358	530
Current Assets	-2.4%	330	338	359	335	326	346	372	345	301	322	292	283	264	332	307	272	304	303	293	274	497
Cash Equivalents	0.3%	34.00	34.00	45.00	48.00	29.00	20.00	24.00	15.00	15.00	54.00	42.00	37.00	24.00	78.00	58.00	64.00	97.00	98.00	91.00	70.00	295
Inventory	-2.0%	151	154	164	166	179	189	206	204	173	141	131	135	132	132	132	108	113	102	101	106	107
Net PPE	-1.5%	20.00	20.00	21.00	21.00	21.00	19.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	16.00	16.00	17.00	18.00	18.00	15.00	15.00	15.00
Liabilities	-8.3%	258	282	322	245	245	272	318	276	251	277	268	274	268	275	248	224	221	234	233	214	392
Current Liabilities	-10.7%	174	195	231	156	153	180	219	207	180	201	190	195	186	190	187	165	160	171	168	160	380
Short Term Borrowings	-	-	-	40.00	-	1.00	10.00	30.00	25.00	5.00	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	3.7%	255	246	232	217	210	202	188	171	154	153	135	117	107	168	149	138	176	166	156	144	138
Retained Earnings	13.2%	66.00	58.00	45.00	31.00	26.00	19.00	6.00	-10.30	-25.50	-24.40	-41.40	-57.30	-66.50	-1.90	-21.20	-32.30	3.00	-4.20	-12.30	-22.40	-27.60
Additional Paid-In Capital	0.4%	205	204	202	202	201	200	198	197	196	195	194	193	194	193	191	190	190	190	188	187	187
Shares Outstanding	-0.1%	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	350	-	-	-	424	-	-	-	438	-	-	-	228	-	-	-	265	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-78.4%	8,300	38,400	37,000	28,300	26,800	25,500	12,000	-14,100	-1,100	18,600	11,400	20,900	25,800	28,000	800	13,600	3,500	14,700	26,100	24,100	-2,400
Share Based Compensation	0%	900	900	600	600	1,100	1,000	1,400	1,000	900	600	1,000	400	1,200	1,700	800	1,000	1,400	1,200	1,300	1,500	400
Cashflow From Investing	68.4%	-600	-1,900	-73,000	-700	-2,200	-2,800	-1,000	-1,100	-	-1,300	-1,200	-900	-1,500	-800	-100	-300	-700	-3,800	-1,400	-1,000	-1,600
Cashflow From Financing	84.3%	-7,400	-47,200	32,800	-7,900	-16,100	-26,100	-1,900	14,400	-38,800	-4,700	-6,000	-5,500	-78,800	-7,000	-6,700	-46,300	-3,200	-4,100	-3,900	-248,400	-3,500
Dividend Payments	-1.3%	7,600	7,700	7,600	7,700	6,800	6,900	6,900	7,000	43,900	6,100	6,100	6,400	80,400	5,300	5,300	43,300	4,500	4,600	4,500	248,000	4,100
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	200	2,200	1,400	3,400	-	-	-	-	-

GIC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 1,274.3	$ 1,166.1	$ 1,063.1
Cost of sales	838.5	744.9	688.8
Gross profit	435.8	421.2	374.3
Selling, distribution and administrative expenses	339.3	316.0	286.3
Operating income from continuing operations	96.5	105.2	88.0
Foreign currency exchange loss	0.2	0.3	0.3
Interest and other expense	1.1	1.1	0.1
Income from continuing operations before income taxes	95.2	103.8	87.6
Provision for income taxes	24.5	25.7	17.5
Net income from continuing operations	70.7	78.1	70.1
Income from discontinued operations, net of tax	0.0	0.7	33.2
Net income	$ 70.7	$ 78.8	$ 103.3
Net income per common share from continuing operations:
Basic (in dollars per share)	$ 1.85	$ 2.05	$ 1.85
Diluted (in dollars per share)	1.84	2.04	1.84
Net income per common share from discontinued operations:
Basic (in dollars per share)	0.00	0.02	0.88
Diluted (in dollars per share)	0.00	0.02	0.87
Net income per common share:
Basic (in dollars per share)	1.85	2.07	2.73
Diluted (in dollars per share)	$ 1.84	$ 2.06	$ 2.71
Weighted average common and common equivalent shares:
Basic (in shares)	38.1	38.0	37.8
Diluted (in shares)	38.2	38.1	38.0
Dividends declared (in dollars per share)	$ 0.80	$ 0.72	$ 1.64

GIC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and Cash Equivalents, at Carrying Value	$ 34.4	$ 28.5
Accounts receivable, (net of allowance for credit losses of $2.9 and $2.3, respectively)	130.7	108.0
Inventories	150.8	179.4
Prepaid expenses and other current assets	13.9	9.8
Total current assets	329.8	325.7
Property, plant and equipment, net	20.0	21.0
Operating lease right-of-use assets	84.4	90.3
Deferred income taxes	7.9	9.9
Goodwill and intangibles	69.3	6.6
Other assets	2.0	1.7
Total assets	513.4	455.2
Current liabilities:
Accounts payable	111.0	96.9
Accrued expenses and other current liabilities	49.1	43.2
Short term debt	0.0	0.6
Operating lease liabilities	14.1	12.4
Total current liabilities	174.2	153.1
Operating lease liabilities	81.4	89.1
Other liabilities	2.6	2.6
Total liabilities	258.2	244.8
Commitments and contingencies
Shareholders’ equity:
Preferred stock, par value $.01 per share, authorized 25 million shares; issued none	0.0	0.0
Common stock, par value $0.01 per share, authorized 150 million shares; issued 39,123,102 and 39,064,239 shares; outstanding 38,074,344 and 37,960,605 shares	0.4	0.4
Additional paid-in capital	204.8	201.2
Treasury stock at cost —1,048,758 and 1,103,634 shares	(18.6)	(19.5)
Retained earnings	66.0	25.9
Accumulated other comprehensive income	2.6	2.4
Total shareholders’ equity	255.2	210.4
Total liabilities and shareholders’ equity	$ 513.4	$ 455.2

About Global Industrial Company

Global Industrial Company operates as a value-added industrial distributor of industrial and maintenance, repair, and operation (MRO) products in North America. The company offers industrial and MRO products under Global, GlobalIndustrial.com, Nexel, Paramount, and Interion trademarks. It offers products, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials. The company offers its products to businesses; state, local, and private educational organizations; and government entities through relationship marketers, e-commerce sites, and catalogs. The company was formerly known as Systemax Inc. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.

CEO	Mr. Barry Litwin
WEBSITE	globalindustrial.com
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	1650

Global Industrial Company Frequently Asked Questions

What is the ticker symbol for Global Industrial Company? What does GIC stand for in stocks?

GIC is the stock ticker symbol of Global Industrial Company. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Global Industrial Company (GIC)?

As of Fri Apr 26 2024, market cap of Global Industrial Company is 1.53 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GIC stock?

You can check GIC's fair value in chart for subscribers.

What is the fair value of GIC stock?

You can check GIC's fair value in chart for subscribers. The fair value of Global Industrial Company is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Global Industrial Company is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Global Industrial Company a good stock to buy?

The fair value guage provides a quick view whether GIC is over valued or under valued. Whether Global Industrial Company is cheap or expensive depends on the assumptions which impact Global Industrial Company's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GIC.

What is Global Industrial Company's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, GIC's PE ratio (Price to Earnings) is 21.69 and Price to Sales (PS) ratio is 1.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GIC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Global Industrial Company's stock?

In the past 10 years, Global Industrial Company has provided 0.146 (multiply by 100 for percentage) rate of return.