GNG.AX vs. BAB.L
GNG.AX (GR Engineering Services Limited) and BAB.L (Babcock International Group plc) are both stocks. Both operate in the Engineering & Construction industry within the Industrials sector. Over the past 10 years, GNG.AX returned 27.10%/yr vs 1.90%/yr for BAB.L. At a correlation of -0.01, they often move in opposite directions.
Performance
GNG.AX vs. BAB.L - Performance Comparison
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Different Trading Currencies
GNG.AX is traded in AUD, while BAB.L is traded in GBp. To make them comparable, the BAB.L values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GNG.AX achieves a 23.82% return, which is significantly higher than BAB.L's -21.68% return. Over the past 10 years, GNG.AX has outperformed BAB.L with an annualized return of 27.10%, while BAB.L has yielded a comparatively lower 1.90% annualized return.
GNG.AX
- 1D
- -5.16%
- 1M
- 17.23%
- YTD
- 23.82%
- 6M
- 28.74%
- 1Y
- 102.34%
- 3Y*
- 47.98%
- 5Y*
- 40.17%
- 10Y*
- 27.10%
BAB.L
- 1D
- 0.27%
- 1M
- -0.82%
- YTD
- -21.68%
- 6M
- -16.99%
- 1Y
- -10.23%
- 3Y*
- 50.20%
- 5Y*
- 29.93%
- 10Y*
- 1.90%
GNG.AX vs. BAB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GNG.AX GR Engineering Services Limited | 23.82% | 91.49% | 22.04% | 18.42% | 5.73% | 85.28% | 61.96% | -20.65% | -19.84% | 9.39% |
BAB.L Babcock International Group plc | -21.68% | 149.39% | 38.52% | 48.09% | -15.67% | 19.41% | -58.19% | 43.15% | -24.55% | -22.46% |
Correlation
The correlation between GNG.AX and BAB.L is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2011 | -0.01 |
The correlation between GNG.AX and BAB.L shifts across timeframes, from -0.14 (1 year) to -0.01 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
GNG.AX vs. BAB.L — Risk / Return Rank
GNG.AX
BAB.L
GNG.AX vs. BAB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GR Engineering Services Limited (GNG.AX) and Babcock International Group plc (BAB.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GNG.AX | BAB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.49 | ||
| Sortino ratioReturn per unit of downside risk | +2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.98 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.63 | -0.25 | +3.88 |
| Martin ratioReturn relative to average drawdown | 9.04 | -0.62 | +9.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GNG.AX | BAB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | -0.29 | +2.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.11 | 0.88 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.05 | +0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.18 | +0.16 |
Drawdowns
GNG.AX vs. BAB.L - Drawdown Comparison
The maximum GNG.AX drawdown since its inception was -80.75%, roughly equal to the maximum BAB.L drawdown of -82.11%. Use the drawdown chart below to compare losses from any high point for GNG.AX and BAB.L.
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Drawdown Indicators
| GNG.AX | BAB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.75% | -82.11% | +1.36% |
Max Drawdown (1Y)Largest decline over 1 year | -27.29% | -40.91% | +13.62% |
Max Drawdown (3Y)Largest decline over 3 years | -27.29% | -40.91% | +13.62% |
Max Drawdown (5Y)Largest decline over 5 years | -27.29% | -40.91% | +13.62% |
Max Drawdown (10Y)Largest decline over 10 years | -61.73% | -79.06% | +17.33% |
Current DrawdownCurrent decline from peak | -9.52% | -34.93% | +25.41% |
Average DrawdownAverage peak-to-trough decline | -30.41% | -32.82% | +2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.08% | 16.36% | -5.28% |
Volatility
GNG.AX vs. BAB.L - Volatility Comparison
GR Engineering Services Limited (GNG.AX) has a higher volatility of 13.32% compared to Babcock International Group plc (BAB.L) at 11.77%. This indicates that GNG.AX's price experiences larger fluctuations and is considered to be riskier than BAB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GNG.AX | BAB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.32% | 11.77% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 34.94% | 25.51% | +9.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.17% | 34.89% | +10.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.00% | 33.89% | +2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.01% | 37.05% | +3.96% |
Dividends
GNG.AX vs. BAB.L - Dividend Comparison
GNG.AX's dividend yield for the trailing twelve months is around 2.18%, more than BAB.L's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAB.L Babcock International Group plc | 0.67% | 0.56% | 1.06% | 0.43% | 0.00% | 0.00% | 0.00% | 4.78% | 6.08% | 4.04% | 2.75% | 2.38% |
GNG.AX GR Engineering Services Limited | 2.18% | 4.94% | 7.69% | 8.56% | 9.31% | 5.71% | 4.92% | 7.50% | 10.28% | 3.47% | 7.35% | 6.41% |
Financials
GNG.AX vs. BAB.L - Financials Comparison
This section allows you to compare key financial metrics between GR Engineering Services Limited and Babcock International Group plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
GNG.AX and BAB.L have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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