Grenke AG

XTRA:GLJ Stock Report

Market Cap: €536.3m

Grenke Future Growth

Future criteria checks 3/6

Grenke is forecast to grow earnings and revenue by 19% and 11.6% per annum respectively. EPS is expected to grow by 19.1% per annum. Return on equity is forecast to be 6.6% in 3 years.

Key information

19.0%

Earnings growth rate

19.11%

EPS growth rate

Diversified Financial earnings growth50.6%
Revenue growth rate11.6%
Future return on equity6.61%
Analyst coverage

Low

Last updated01 Jun 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 05

GLJ: Slower Revenue And Margin Pressure Will Constrain Future Share Performance

Analysts have lowered their price targets on Grenke by €1 to €28, citing updated assumptions for slower revenue growth, reduced profit margins, a higher discount rate of 10.34% and a recalibrated future P/E of 7.41x. Analyst Commentary Recent price target changes for Grenke highlight a more cautious tone from bearish analysts, who are reassessing assumptions around growth, profitability and valuation.
Narrative Update • May 21

GLJ: Dividend And Earnings Guidance Will Support Future Re-Rating Potential

Analysts have reduced their average price targets on Grenke by around €1, reflecting updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples, while maintaining a generally constructive view on the stock. Analyst Commentary Recent research points to a slightly lower, but still constructive, view on Grenke, with price targets trimmed by around €1 as analysts refresh their models for discount rates, revenue growth, profit margins and future P/E multiples.
Narrative Update • May 01

GLJ: Updated P/E Assumptions Will Support Future Re Rating Potential

Analysts have trimmed their collective price target on Grenke to €28 from €29, citing updated assumptions on revenue growth, profit margins and future P/E. These factors still support their overall positive view on the shares.
Narrative Update • Apr 17

GLJ: Higher Discount Rate Assumptions Will Support Future Re Rating Potential

Analysts have trimmed their price target on Grenke to €28 from €30, reflecting updated assumptions for fair value, discount rate, growth, margins and future P/E multiples that align with recent Street research cuts. Analyst Commentary Recent Street research on Grenke has centred on recalibrated price targets, with fair value views adjusted but coverage and interest maintained.
Narrative Update • Apr 01

GLJ: Dividend Outlook And Earnings Guidance Will Support Future Upside Potential

Grenke's latest analyst price target has edged down by €0.20, as analysts factor in slightly lower profit margin assumptions and a modestly higher future P/E multiple in their updated models. Analyst Commentary Recent research updates have kept the focus on valuation discipline, with price targets adjusted slightly as analysts refine their views on Grenke's earnings power and appropriate P/E levels.
Narrative Update • Mar 18

GLJ: Steady Guidance And Dividend Outlook Will Support Future Upside Potential

Analysts have trimmed their price target on Grenke to €28 from €29, reflecting updated assumptions for growth, profitability and future P/E multiples. Analyst Commentary Recent research points to a slightly reduced fair value for Grenke, with the target adjusted to €28 from €29.
Narrative Update • Mar 04

GLJ: Stable Assumptions And Guidance Will Support Stronger Future Return Potential

Analysts have kept their Grenke price target steady at about €20.84, reflecting unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E in their latest work. Valuation Changes Fair Value: Model fair value remains at €20.84, with no change between the previous and updated estimates.
Narrative Update • Feb 18

GLJ: Confirmed 2025 Earnings Guidance Will Support Stronger Future Return Potential

Analysts have trimmed their price target on Grenke from €21.94 to €20.84, citing slightly more cautious assumptions for revenue growth, profit margins and future P/E, along with a modestly higher discount rate. Valuation Changes Fair Value: Trimmed from €21.94 to €20.84, a reduction of about 5%.
Narrative Update • Feb 03

GLJ: Lower Fair Value And P/E Multiple Will Limit Future Upside

Analysts have reset their fair value estimate for Grenke from €20.00 to €11.00, pointing to slightly softer revenue growth assumptions, a higher projected profit margin, and a lower future P/E multiple as key drivers of the revision. What's in the News Grenke AG maintained its earnings guidance for 2025, with expected earnings in a range of €71 million to €81 million for the financial year (Key Developments).
Analysis Article • Jan 31

Not Many Are Piling Into Grenke AG (ETR:GLJ) Just Yet

With a price-to-earnings (or "P/E") ratio of 12.5x Grenke AG ( ETR:GLJ ) may be sending bullish signals at the moment...
Narrative Update • Jan 20

GLJ: Confirmed 2025 Earnings Guidance Will Support Stronger Future Return Potential

Analysts have trimmed their price target for Grenke from €24.75 to €21.94, citing updated assumptions that include lower revenue growth, a slightly higher profit margin, and a modestly reduced future P/E multiple. What's in the News Grenke AG confirmed its earnings guidance for 2025, keeping the expected earnings range at €71 million to €81 million for the financial year (Key Developments).
Narrative Update • Jan 05

GLJ: Higher Growth Assumptions Will Support Stronger Earnings Outlook

Analysts have raised their price target for Grenke from €23.25 to €24.75, citing updated assumptions for revenue growth, profit margins, and future P/E that feed through to their fair value framework. What's in the News Grenke AG maintained its earnings guidance for the 2025 financial year at a range of €71 million to €81 million.
Narrative Update • Dec 15

GLJ: Earnings Guidance Will Support Higher Expected Returns Despite Margin Pressure

Analysts have raised their price target for Grenke from €14.50 to €20.00. This reflects higher anticipated revenue growth, despite lower projected profit margins and a modestly richer future P E multiple.
Analysis Article • Nov 01

Market Cool On Grenke AG's (ETR:GLJ) Earnings

With a price-to-earnings (or "P/E") ratio of 15.1x Grenke AG ( ETR:GLJ ) may be sending bullish signals at the moment...
Narrative Update • Sep 24

Digital Transformation And European Expansion Will Ensure Resilient Performance

The upward revision in Grenke’s fair value reflects sharply improved consensus revenue growth forecasts, partly offset by a lower expected net profit margin, resulting in a modest increase in the analyst price target to €23.25. What's in the News Grenke AG reaffirmed group earnings guidance for 2025, expecting earnings between EUR 71 million and EUR 81 million.
Analysis Article • Jul 11

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

Grenke AG ( ETR:GLJ ) shares have continued their recent momentum with a 28% gain in the last month alone...
Analysis Article • Apr 10

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

Grenke AG's ( ETR:GLJ ) dividend is being reduced from last year's payment covering the same period to €0.40 on the...
Analysis Article • Apr 05

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

Grenke AG ( ETR:GLJ ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...
Analysis Article • Mar 27

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

Grenke AG ( ETR:GLJ ) has announced that on 12th of May, it will be paying a dividend of€0.40, which a reduction from...
User avatar
New Narrative • Feb 15

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.
Analysis Article • Nov 02

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

To the annoyance of some shareholders, Grenke AG ( ETR:GLJ ) shares are down a considerable 29% in the last month...
Analysis Article • Jul 12

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

Grenke AG ( ETR:GLJ ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
Analysis Article • Mar 21

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

Grenke AG's ( ETR:GLJ ) price-to-earnings (or "P/E") ratio of 12.4x might make it look like a buy right now compared to...
Analysis Article • Dec 21

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

With a price-to-earnings (or "P/E") ratio of 13.6x Grenke AG ( ETR:GLJ ) may be sending bullish signals at the moment...
Analysis Article • Feb 21

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

Today we'll take a closer look at Grenke AG ( ETR:GLJ ) from a dividend investor's perspective. Owning a strong...

Earnings and Revenue Growth Forecasts

XTRA:GLJ - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202895610261773
12/31/20278918761763
12/31/20268206858733
3/31/202667659-39-21N/A
12/31/202566057-239-221N/A
9/30/202564051-428-417N/A
6/30/202561744423434N/A
3/31/202560054341351N/A
12/31/202457865385394N/A
9/30/202458174384392N/A
6/30/2024560863340N/A
3/31/202453885-49-42N/A
12/31/202352783322329N/A
9/30/202350684586593N/A
6/30/202350482163171N/A
3/31/202350478142150N/A
12/31/202250281-355-347N/A
9/30/202249199-537-531N/A
6/30/2022492100-293-287N/A
3/31/202249797-303-297N/A
12/31/202150490-79-72N/A
9/30/202151676249259N/A
6/30/202152480-191-180N/A
3/31/202153175550564N/A
12/31/202054986550567N/A
9/30/202056295368385N/A
6/30/2020560103728749N/A
3/31/2020552123228252N/A
12/31/2019528134N/A115N/A
9/30/2019498131N/A244N/A
6/30/2019481129N/A58N/A
3/31/2019463129N/A-162N/A
12/31/2018445127N/A20N/A
9/30/2018430118N/A-154N/A
6/30/2018411111N/A-19N/A
3/31/2018394103N/A215N/A
12/31/2017377102N/A28N/A
9/30/2017357104N/A133N/A
6/30/2017344103N/A74N/A
3/31/2017335104N/A15N/A
12/31/2016327101N/A-16N/A
9/30/201631795N/A39N/A
6/30/201631090N/A15N/A
3/31/201629884N/A32N/A
12/31/201528780N/A120N/A
9/30/201527376N/A41N/A
6/30/201526272N/A88N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLJ's forecast earnings growth (19% per year) is above the savings rate (1.9%).

Earnings vs Market: GLJ's earnings (19% per year) are forecast to grow faster than the German market (17% per year).

High Growth Earnings: GLJ's earnings are forecast to grow, but not significantly.

Revenue vs Market: GLJ's revenue (11.6% per year) is forecast to grow faster than the German market (6.7% per year).

High Growth Revenue: GLJ's revenue (11.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GLJ's Return on Equity is forecast to be low in 3 years time (6.6%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 00:53
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marius FuhrbergBerenberg
Claus RollerBofA Global Research
Olivia PulvermacherDeutsche Bank