Gränges AB (publ)

OM:GRNG Stock Report

Market Cap: SEK 19.3b

Gränges Dividends and Buybacks

Dividend criteria checks 3/6

Gränges is a dividend paying company with a current yield of 1.88% that is well covered by earnings. Next payment date is on 20th May, 2026 with an ex-dividend date of 13th May, 2026.

Key information

1.9%

Dividend yield

-0.05%

Buyback Yield

Total Shareholder Yield1.8%
Future Dividend Yield2.9%
Dividend Growth3.3%
Next dividend pay date20 May 26
Ex dividend date13 May 26
Dividend per sharen/a
Payout ratio33%

Recent dividend and buyback updates

Analysis Article Feb 02

Gränges (STO:GRNG) Will Pay A Larger Dividend Than Last Year At SEK1.70

Gränges AB (publ) ( STO:GRNG ) will increase its dividend from last year's comparable payment on the 20th of May to...
Analysis Article Oct 29

Gränges (STO:GRNG) Is Due To Pay A Dividend Of SEK1.60

Gränges AB (publ) ( STO:GRNG ) has announced that it will pay a dividend of SEK1.60 per share on the 19th of November...
Analysis Article Oct 08

Gränges (STO:GRNG) Will Pay A Dividend Of SEK1.60

Gränges AB (publ) ( STO:GRNG ) will pay a dividend of SEK1.60 on the 19th of November. Although the dividend is now...

Recent updates

Narrative Update Apr 26

GRNG: Higher Dividend And Investor Day Will Support Balanced Future Upside

Analysts now set a higher price target for Gränges at roughly SEK 186, up from about SEK 172. This reflects updated assumptions around revenue growth, profit margin and future P/E levels.
Analysis Article Apr 26

Gränges AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

As you might know, Gränges AB (publ) ( STO:GRNG ) just kicked off its latest first-quarter results with some very...
Narrative Update Apr 12

GRNG: Higher Dividend And Stable Outlook Will Support Balanced Future Upside

Analysts have kept their SEK 171.67 price target for Gränges steady, indicating only minor model adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions rather than any shift in their overall view. What's in the News Gränges has scheduled an Analyst/Investor Day titled “Gränges AB (publ) - Analyst/Investor Day”, giving investors a forum to hear management updates and ask detailed questions (Key Developments).
Narrative Update Mar 28

GRNG: Higher Dividend Proposal Will Support Attractive Upside Potential

Analysts have maintained their SEK 171.67 price target for Gränges, as small shifts in inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions broadly offset one another in their updated models. What's in the News Gränges plans an Analyst and Investor Day, which may give you more detail on the company’s capital allocation, market focus, and longer term priorities (company event).
Narrative Update Mar 12

GRNG: Higher Dividend Proposal Will Support Attractive Risk Reward Profile

Analysts have maintained their fair value estimate for Gränges at SEK171.67 per share. Only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions have been made in this narrative update.
Narrative Update Feb 26

GRNG: Higher Dividend And Steady Assumptions Will Support Balanced Risk Profile

Analysts have kept their SEK 171.67 price target for Gränges broadly unchanged, citing only minimal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News The Board of Directors has proposed a dividend of SEK 3.40 per share for the 2025 fiscal year, compared with SEK 3.20 per share previously, for a total proposed payout of SEK 362 million compared with SEK 340 million, corresponding to 36% of profit attributable to owners of the parent company compared with 34% for 2025 (Key Developments).
Narrative Update Feb 11

GRNG: Higher Payout And Refined Assumptions Will Balance Margin Pressure

Analysts have nudged their fair value estimate for Gränges to SEK 171.67 from SEK 168.33 as they factor in updated assumptions for discount rates, revenue growth, profit margins and future P/E levels. What's in the News The Board of Directors has proposed a dividend of SEK 3.40 per share for the 2025 fiscal year, compared with SEK 3.20 per share previously.
Analysis Article Feb 02

Gränges (STO:GRNG) Will Pay A Larger Dividend Than Last Year At SEK1.70

Gränges AB (publ) ( STO:GRNG ) will increase its dividend from last year's comparable payment on the 20th of May to...
Narrative Update Jan 26

GRNG: Higher Fair Value Will Balance Modest Margin Pressure Going Forward

Analysts have lifted their price target on Gränges to SEK168.33 from SEK146.50, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. Valuation Changes Fair Value: updated from SEK146.50 to SEK168.33, representing a moderate upward revision in the estimated value per share.
Analysis Article Dec 30

Gränges AB (publ)'s (STO:GRNG) Shares Not Telling The Full Story

With a price-to-earnings (or "P/E") ratio of 16.2x Gränges AB (publ) ( STO:GRNG ) may be sending bullish signals at the...
Analysis Article Dec 13

Here's Why Gränges (STO:GRNG) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 29

Gränges (STO:GRNG) Is Due To Pay A Dividend Of SEK1.60

Gränges AB (publ) ( STO:GRNG ) has announced that it will pay a dividend of SEK1.60 per share on the 19th of November...
Analysis Article Oct 28

Gränges AB (publ) Just Missed EPS By 8.1%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for Gränges AB (publ) ( STO:GRNG ) shareholders, with its shares surging 17% to kr141 in...
Narrative Update Oct 23

Analysts Hold Gränges Price Target Steady as Valuation Metrics Show Minor Adjustments

Analysts have maintained their price target for Gränges at SEK 146.50. They cite minor adjustments in the discount rate, projected revenue growth, and profit margin, but view these changes as not significantly altering the company's fair value estimate.
Narrative Update Oct 09

Asia 94% Sales And Shandong Production Will Drive Success

Analysts have lowered their fair value estimate for Gränges from SEK 153.5 to SEK 146.5, citing slightly weaker growth and margin expectations that are reflected in recent forecasts. Valuation Changes The Fair Value Estimate has decreased from SEK 153.5 to SEK 146.5. The Discount Rate has risen slightly from 6.26 percent to 6.40 percent.
Analysis Article Oct 08

Gränges (STO:GRNG) Will Pay A Dividend Of SEK1.60

Gränges AB (publ) ( STO:GRNG ) will pay a dividend of SEK1.60 on the 19th of November. Although the dividend is now...
Narrative Update Sep 17

Asia 94% Sales And Shandong Production Will Drive Success

The consensus price target for Gränges has been revised down to SEK153.50, primarily reflecting a material reduction in long-term revenue growth forecasts and a modest increase in the discount rate. Valuation Changes Summary of Valuation Changes for Gränges The Consensus Analyst Price Target has fallen slightly from SEK160.67 to SEK153.50.
Analysis Article Sep 16

Gränges (STO:GRNG) Will Pay A Dividend Of SEK1.60

Gränges AB (publ) ( STO:GRNG ) will pay a dividend of SEK1.60 on the 19th of November. This takes the annual payment to...
Narrative Update Aug 27

Asia 94% Sales And Shandong Production Will Drive Success

The upward revision in Gränges' consensus price target is primarily driven by improved outlook on both future earnings (P/E rising from 11.22x to 11.80x) and annual revenue growth (now 8.1% vs. 7.8%), resulting in a new fair value estimate of SEK160.67.
Analysis Article Aug 25

Gränges AB (publ) (STO:GRNG) Doing What It Can To Lift Shares

Gränges AB (publ)'s ( STO:GRNG ) price-to-earnings (or "P/E") ratio of 15.1x might make it look like a buy right now...
Analysis Article Jul 16

Gränges AB (publ) (STO:GRNG) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

It's shaping up to be a tough period for Gränges AB (publ) ( STO:GRNG ), which a week ago released some disappointing...
Analysis Article Jul 12

Gränges (STO:GRNG) Is Due To Pay A Dividend Of SEK1.60

Gränges AB (publ) ( STO:GRNG ) will pay a dividend of SEK1.60 on the 19th of November. Even though the dividend went...
Analysis Article Jun 28

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 25

Gränges (STO:GRNG) Will Pay A Dividend Of SEK1.60

The board of Gränges AB (publ) ( STO:GRNG ) has announced that it will pay a dividend on the 19th of November, with...
Analysis Article May 11

Gränges (STO:GRNG) Will Pay A Larger Dividend Than Last Year At SEK1.60

The board of Gränges AB (publ) ( STO:GRNG ) has announced that it will be paying its dividend of SEK1.60 on the 19th of...
Analysis Article May 06

We Think Shareholders Will Probably Be Generous With Gränges AB (publ)'s (STO:GRNG) CEO Compensation

Key Insights Gränges will host its Annual General Meeting on 12th of May Salary of kr7.20m is part of CEO Jorgen...
Analysis Article Apr 28

Earnings Miss: Gränges AB (publ) Missed EPS By 7.9% And Analysts Are Revising Their Forecasts

It's been a pretty great week for Gränges AB (publ) ( STO:GRNG ) shareholders, with its shares surging 14% to kr125 in...
Analysis Article Apr 01

Gränges (STO:GRNG) Will Pay A Larger Dividend Than Last Year At SEK3.20

Gränges AB (publ)'s ( STO:GRNG ) dividend will be increasing from last year's payment of the same period to SEK3.20 on...
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New Narrative Mar 10

Optimizing Shandong Plant Will Improve Profitability And Margins By 2025

Expansion in China and strategic price optimization are expected to enhance profitability and earnings by capturing more Asian market share.
Analysis Article Feb 07

Gränges' (STO:GRNG) Dividend Will Be Increased To SEK3.20

The board of Gränges AB (publ) ( STO:GRNG ) has announced that it will be paying its dividend of SEK3.20 on the 19th of...
Analysis Article Feb 02

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

The full-year results for Gränges AB (publ) ( STO:GRNG ) were released last week, making it a good time to revisit its...
Analysis Article Jan 19

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

With a price-to-earnings (or "P/E") ratio of 15.6x Gränges AB (publ) ( STO:GRNG ) may be sending bullish signals at the...
Analysis Article Jan 03

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Oct 27

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

It's been a good week for Gränges AB (publ) ( STO:GRNG ) shareholders, because the company has just released its latest...

Upcoming Dividend Payment

TodayMay 08 2026Ex Dividend DateMay 13 2026Dividend Pay DateMay 20 20267 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GRNG's dividend payments have been volatile in the past 10 years.

Growing Dividend: GRNG's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Gränges Dividend Yield vs Market
How does GRNG dividend yield compare to the market?
SegmentDividend Yield
Company (GRNG)1.9%
Market Bottom 25% (SE)1.7%
Market Top 25% (SE)4.2%
Industry Average (Metals and Mining)2.3%
Analyst forecast (GRNG) (up to 3 years)2.9%

Notable Dividend: GRNG's dividend (1.88%) is higher than the bottom 25% of dividend payers in the Swedish market (1.68%).

High Dividend: GRNG's dividend (1.88%) is low compared to the top 25% of dividend payers in the Swedish market (4.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.4%), GRNG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (158.1%), GRNG's dividend payments are not well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 09:52
End of Day Share Price 2026/05/08 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

Gränges AB (publ) is covered by 5 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
null nullABG Sundal Collier
Kenneth Toll JohanssonCarnegie Investment Bank AB
Oskar LindstromDanske Bank