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Gränges OM:GRNG Stock Report

Last Price

SEK 137.10

Market Cap

SEK 14.4b

7D

-0.5%

1Y

37.2%

Updated

06 Feb, 2025

Data

Company Financials +

Gränges AB (publ)

OM:GRNG Stock Report

Market Cap: SEK 14.4b

GRNG Stock Overview

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. More details

GRNG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 66.8% below our estimate of its fair value

Earnings are forecast to grow 16.7% per year

Earnings grew by 0.3% over the past year

Risk Analysis

Dividend of 2.33% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Gränges AB (publ) Competitors

ProfilGruppen

OM:PROF B

SEK 817.6m

Alleima

OM:ALLEI

SEK 22.9b

SSAB

OM:SSAB A

SEK 54.9b

HEXPOL

OM:HPOL B

SEK 34.6b

Price History & Performance

Summary of share price highs, lows and changes for Gränges
Historical stock prices
Current Share PriceSEK 137.10
52 Week HighSEK 150.00
52 Week LowSEK 97.50
Beta1.28
1 Month Change2.39%
3 Month Change1.11%
1 Year Change37.17%
3 Year Change14.25%
5 Year Change53.61%
Change since IPO215.17%

Recent News & Updates

Here's What Analysts Are Forecasting For Gränges AB (publ) (STO:GRNG) After Its Yearly Results

Feb 02
Here's What Analysts Are Forecasting For Gränges AB (publ) (STO:GRNG) After Its Yearly Results

Sentiment Still Eluding Gränges AB (publ) (STO:GRNG)

Jan 19
Sentiment Still Eluding Gränges AB (publ) (STO:GRNG)

Recent updates

Here's What Analysts Are Forecasting For Gränges AB (publ) (STO:GRNG) After Its Yearly Results

Feb 02
Here's What Analysts Are Forecasting For Gränges AB (publ) (STO:GRNG) After Its Yearly Results

Sentiment Still Eluding Gränges AB (publ) (STO:GRNG)

Jan 19
Sentiment Still Eluding Gränges AB (publ) (STO:GRNG)

Gränges (STO:GRNG) Seems To Use Debt Quite Sensibly

Jan 03
Gränges (STO:GRNG) Seems To Use Debt Quite Sensibly

Analyst Estimates: Here's What Brokers Think Of Gränges AB (publ) (STO:GRNG) After Its Third-Quarter Report

Oct 27
Analyst Estimates: Here's What Brokers Think Of Gränges AB (publ) (STO:GRNG) After Its Third-Quarter Report

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?

Shareholder Returns

GRNGSE Metals and MiningSE Market
7D-0.5%2.5%-0.3%
1Y37.2%2.5%12.6%

Return vs Industry: GRNG exceeded the Swedish Metals and Mining industry which returned 2.5% over the past year.

Return vs Market: GRNG exceeded the Swedish Market which returned 12.6% over the past year.

Price Volatility

Is GRNG's price volatile compared to industry and market?
GRNG volatility
GRNG Average Weekly Movement3.9%
Metals and Mining Industry Average Movement4.8%
Market Average Movement5.6%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market3.3%

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

Volatility Over Time: GRNG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18962,926Jorgen Rosengrenwww.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 capSEK 14.43b
Earnings (TTM)SEK 1.01b
Revenue (TTM)SEK 23.51b

14.4x

P/E Ratio

0.6x

P/S Ratio

Is GRNG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRNG income statement (TTM)
RevenueSEK 23.51b
Cost of RevenueSEK 15.49b
Gross ProfitSEK 8.02b
Other ExpensesSEK 7.00b
EarningsSEK 1.01b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Mar 18, 2025

Earnings per share (EPS)9.53
Gross Margin34.10%
Net Profit Margin4.31%
Debt/Equity Ratio47.4%

How did GRNG perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

34%

Payout Ratio

Does GRNG pay a reliable dividends?

See GRNG dividend history and benchmarks
When do you need to buy GRNG by to receive an upcoming dividend?
Gränges dividend dates
Ex Dividend DateMay 13 2025
Dividend Pay DateMay 19 2025
Days until Ex dividend95 days
Days until Dividend pay date101 days

Does GRNG pay a reliable dividends?

See GRNG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 19:35
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
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

Gränges AB (publ) is covered by 7 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
null nullABG Sundal Collier
Kenneth Toll JohanssonCarnegie Investment Bank AB
Oskar LindstromDanske Bank