GLJ logo

Grenke AGXTRA:GLJ Stock Report

Market Cap €755.4m
Share Price
€17.52
My Fair Value
AN
AnalystConsensusTarget
€22
19.9% undervalued intrinsic discount
1Y-32.6%
7D1.4%
Portfolio Value
​
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Grenke AG

XTRA:GLJ Stock Report

Market Cap: €755.4m

Grenke (GLJ) Stock Overview

Provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. More details

GLJ fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends4/6

Rewards

Trading at 58% below our estimate of its fair value

Earnings are forecast to grow 29.8% per year

Risk Analysis

Debt is not well covered by operating cash flow

Profit margins (9.1%) are lower than last year (15.7%)

Unstable dividend track record


GLJ Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

GLJ logo
Grenke
AN
AnalystHighTarget
AnalystHighTarget
Consensus Narrative from 4 Analysts

Digital Leasing And Cloud Adoption Will Unlock Expansive European Opportunities

Key Takeaways Persistent high-margin growth, rapid digitalization, and expanding market share could drive significantly stronger earnings and efficiency than analysts currently anticipate. Grenke's digital integration and broadening geographic footprint position it for long-term gains from structural shifts toward leasing and SME growth across Europe.
View narrative
€30.00
FV
41.6% undervalued intrinsic discount
15.54%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
16 days ago author updated this narrative
GLJ logo
Grenke
AN
AnalystLowTarget
AnalystLowTarget
Consensus Narrative from 4 Analysts

Cloud Adoption And SME Risks Will Undermine Leasing Demand

Key Takeaways Industry shifts toward service-based and digital leasing models threaten Grenke's traditional business and long-term revenue sustainability. Higher credit risks, regulatory burdens, and digital competition are likely to squeeze margins and hinder overall profitability.
View narrative
€14.50
FV
20.8% overvalued intrinsic discount
1.70%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
15 days ago author updated this narrative
GLJ logo
Grenke
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 4 Analysts

Digital Excellence And Leasing Expansion Will Strengthen Future Prospects

Key Takeaways Strategic focus on leasing and cost management initiatives aims to enhance revenue, profit growth, and net margins through improved efficiencies. Divestment from factoring to focus on leasing strengthens operations, while stable loss rates and funding support future earnings and EPS growth.
View narrative
€21.88
FV
19.9% undervalued intrinsic discount
8.19%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
about 18 hours ago author updated this narrative
View Stock Community

Grenke AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Grenke
Historical stock prices
Current Share Price€17.52
52 Week High€27.65
52 Week Low€11.94
Beta1.42
1 Month Change0.11%
3 Month Change23.21%
1 Year Change-32.62%
3 Year Change-28.72%
5 Year Change-75.63%
Change since IPO176.63%

Recent News & Updates

Even With A 28% Surge, Cautious Investors Are Not Rewarding Grenke AG's (ETR:GLJ) Performance Completely

Jul 11
Even With A 28% Surge, Cautious Investors Are Not Rewarding Grenke AG's (ETR:GLJ) Performance Completely

Grenke (ETR:GLJ) Has Announced That Its Dividend Will Be Reduced To €0.40

Apr 10
Grenke (ETR:GLJ) Has Announced That Its Dividend Will Be Reduced To €0.40

It's Down 26% But Grenke AG (ETR:GLJ) Could Be Riskier Than It Looks

Apr 05
It's Down 26% But Grenke AG (ETR:GLJ) Could Be Riskier Than It Looks

Recent updates

Even With A 28% Surge, Cautious Investors Are Not Rewarding Grenke AG's (ETR:GLJ) Performance Completely

Jul 11
Even With A 28% Surge, Cautious Investors Are Not Rewarding Grenke AG's (ETR:GLJ) Performance Completely

Grenke (ETR:GLJ) Has Announced That Its Dividend Will Be Reduced To €0.40

Apr 10
Grenke (ETR:GLJ) Has Announced That Its Dividend Will Be Reduced To €0.40

It's Down 26% But Grenke AG (ETR:GLJ) Could Be Riskier Than It Looks

Apr 05
It's Down 26% But Grenke AG (ETR:GLJ) Could Be Riskier Than It Looks

Grenke's (ETR:GLJ) Dividend Is Being Reduced To €0.40

Mar 27
Grenke's (ETR:GLJ) Dividend Is Being Reduced To €0.40
author-image

Digital Excellence Program Will Increase Cost Efficiency Over Long Term

Grenke's strong market confidence and funding bolster growth, aided by interest rate cuts and robust leasing activity.

Grenke AG (ETR:GLJ) Stock's 29% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Nov 02
Grenke AG (ETR:GLJ) Stock's 29% Dive Might Signal An Opportunity But It Requires Some Scrutiny

A Piece Of The Puzzle Missing From Grenke AG's (ETR:GLJ) 28% Share Price Climb

Jul 12
A Piece Of The Puzzle Missing From Grenke AG's (ETR:GLJ) 28% Share Price Climb

Take Care Before Diving Into The Deep End On Grenke AG (ETR:GLJ)

Mar 21
Take Care Before Diving Into The Deep End On Grenke AG (ETR:GLJ)

Potential Upside For Grenke AG (ETR:GLJ) Not Without Risk

Dec 21
Potential Upside For Grenke AG (ETR:GLJ) Not Without Risk

Grenke AG (ETR:GLJ) Has Got What It Takes To Be An Attractive Dividend Stock

Feb 21
Grenke AG (ETR:GLJ) Has Got What It Takes To Be An Attractive Dividend Stock

What Percentage Of Grenke AG (ETR:GLJ) Shares Do Insiders Own?

Jan 26
What Percentage Of Grenke AG (ETR:GLJ) Shares Do Insiders Own?

What Type Of Returns Would Grenke's(ETR:GLJ) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Dec 09
What Type Of Returns Would Grenke's(ETR:GLJ) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Are You An Income Investor? Don't Miss Out On Grenke AG (ETR:GLJ)

Nov 18
Are You An Income Investor? Don't Miss Out On Grenke AG (ETR:GLJ)

Shareholder Returns

GLJDE Diversified FinancialDE Market
7D1.4%-1.9%0.3%
1Y-32.6%-2.7%23.7%

Return vs Industry: GLJ underperformed the German Diversified Financial industry which returned -2.7% over the past year.

Return vs Market: GLJ underperformed the German Market which returned 23.7% over the past year.

Price Volatility

Is GLJ's price volatile compared to industry and market?
GLJ volatility
GLJ Average Weekly Movement5.3%
Diversified Financial Industry Average Movement4.7%
Market Average Movement5.2%
10% most volatile stocks in DE Market12.3%
10% least volatile stocks in DE Market2.7%

Stable Share Price: GLJ has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: GLJ's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19782,400Sebastian Hirschwww.grenke.de

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. The company is involved in the financing for commercial lessees; leasing, services, protection, and maintenance offers, as well as the resale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, and other peripheral devices. It also offers leasing portfolio that includes office communication products comprising telecommunications and copying equipment, as well as medical technology products, small machines and equipment, security devices, and green economy objects, including wall boxes, photovoltaic systems, and eBikes.

Grenke AG Fundamentals Summary

How do Grenke's earnings and revenue compare to its market cap?
GLJ fundamental statistics
Market cap€755.44m
Earnings (TTM)€54.33m
Revenue (TTM)€600.34m
14.2x
P/E Ratio
1.3x
P/S Ratio

Is GLJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLJ income statement (TTM)
Revenue€600.34m
Cost of Revenue€118.77m
Gross Profit€481.57m
Other Expenses€427.24m
Earnings€54.33m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 14, 2025

Earnings per share (EPS)1.23
Gross Margin80.22%
Net Profit Margin9.05%
Debt/Equity Ratio314.1%

How did GLJ perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
33%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/08 20:25
End of Day Share Price 2025/08/08 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grenke AG is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas SchäferBankhaus Lampe KG
Martin ComtesseBerenberg
Claus RollerBofA Global Research