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Gränges OM:GRNG Stock Report

Last Price

kr115.60

Market Cap

kr12.3b

7D

3.3%

1Y

19.4%

Updated

28 Mar, 2024

Data

Company Financials +

GRNG Stock Overview

Gränges AB (publ) engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Europe, Asia, and the Americas.

GRNG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends3/6

Gränges AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gränges
Historical stock prices
Current Share Pricekr115.60
52 Week Highkr118.00
52 Week Lowkr88.80
Beta1.49
1 Month Change16.89%
3 Month Change-0.34%
1 Year Change19.36%
3 Year Change1.05%
5 Year Change9.57%
Change since IPO165.75%

Recent News & Updates

Recent updates

Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?

Sep 26
Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?

Returns On Capital At Gränges (STO:GRNG) Paint A Concerning Picture

Aug 23
Returns On Capital At Gränges (STO:GRNG) Paint A Concerning Picture

These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

May 26
These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

Gränges (STO:GRNG) Is Paying Out A Larger Dividend Than Last Year

Apr 22
Gränges (STO:GRNG) Is Paying Out A Larger Dividend Than Last Year

Gränges (STO:GRNG) Is Increasing Its Dividend To kr2.25

Apr 07
Gränges (STO:GRNG) Is Increasing Its Dividend To kr2.25

Gränges (STO:GRNG) Has Some Way To Go To Become A Multi-Bagger

Mar 21
Gränges (STO:GRNG) Has Some Way To Go To Become A Multi-Bagger

Is Gränges (STO:GRNG) A Risky Investment?

Feb 19
Is Gränges (STO:GRNG) A Risky Investment?

Gränges' (STO:GRNG) Returns Have Hit A Wall

Nov 09
Gränges' (STO:GRNG) Returns Have Hit A Wall

We Think Gränges (STO:GRNG) Can Stay On Top Of Its Debt

Oct 14
We Think Gränges (STO:GRNG) Can Stay On Top Of Its Debt

Some Investors May Be Worried About Gränges' (STO:GRNG) Returns On Capital

Jul 17
Some Investors May Be Worried About Gränges' (STO:GRNG) Returns On Capital

These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

Jun 07
These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

Gränges AB (publ)'s (STO:GRNG) Intrinsic Value Is Potentially 57% Above Its Share Price

Apr 12
Gränges AB (publ)'s (STO:GRNG) Intrinsic Value Is Potentially 57% Above Its Share Price

Gränges AB (publ) (STO:GRNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Mar 15
Gränges AB (publ) (STO:GRNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Shareholder Returns

GRNGSE Metals and MiningSE Market
7D3.3%3.8%1.9%
1Y19.4%-6.9%17.1%

Return vs Industry: GRNG exceeded the Swedish Metals and Mining industry which returned -6.9% over the past year.

Return vs Market: GRNG exceeded the Swedish Market which returned 17.1% over the past year.

Price Volatility

Is GRNG's price volatile compared to industry and market?
GRNG volatility
GRNG Average Weekly Movement2.8%
Metals and Mining Industry Average Movement5.2%
Market Average Movement6.1%
10% most volatile stocks in SE Market12.9%
10% least volatile stocks in SE Market3.4%

Stable Share Price: GRNG has not had significant price volatility in the past 3 months.

Volatility Over Time: GRNG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18962,804Jorgen Rosengrenhttps://www.granges.com

Gränges AB (publ) engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Europe, Asia, and the Americas. The company offers clad and unclad rolled aluminium products. It serves various markets, including automotive; heating, ventilation, and air conditioning; specialty packaging; battery; and transformers, heat exchangers, and wind power turbines.

Gränges AB (publ) Fundamentals Summary

How do Gränges's earnings and revenue compare to its market cap?
GRNG fundamental statistics
Market capkr12.29b
Earnings (TTM)kr1.01b
Revenue (TTM)kr22.52b

12.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRNG income statement (TTM)
Revenuekr22.52b
Cost of Revenuekr15.18b
Gross Profitkr7.34b
Other Expenseskr6.33b
Earningskr1.01b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)9.50
Gross Margin32.58%
Net Profit Margin4.49%
Debt/Equity Ratio36.9%

How did GRNG perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

32%

Payout Ratio
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