(GRNG) Gränges (publ) - Ratings and Ratios
Rolled Aluminum, Clad Aluminum, Unclad Aluminum Products
GRNG EPS (Earnings per Share)
GRNG Revenue
Description: GRNG Gränges (publ)
Gränges AB (publ) is a leading developer, producer, and distributor of rolled aluminum products, catering to various industries such as automotive, heating, ventilation, and air conditioning, specialty packaging, and renewable energy. The companys product portfolio includes clad and unclad rolled aluminum products, serving niche applications across Asia Pacific, Europe, and the Americas.
With a rich history dating back to 1896, Gränges has established itself as a prominent player in the aluminum industry, with its headquarters in Stockholm, Sweden. The companys diverse customer base and broad geographic presence contribute to its stability and growth prospects. Key Performance Indicators (KPIs) such as revenue growth, EBITDA margin, and return on equity (RoE) are crucial in evaluating Gränges financial health. Notably, its RoE stands at 10.56%, indicating a decent return on shareholders equity.
To further analyze Gränges performance, other relevant KPIs can be considered, such as Debt-to-Equity ratio, Interest Coverage ratio, and Asset Turnover ratio. These metrics can provide insights into the companys capital structure, ability to service its debt, and operational efficiency. Additionally, industry-specific KPIs like aluminum price sensitivity and market share can help assess Gränges competitiveness and exposure to market fluctuations.
Gränges involvement in emerging industries like electric vehicles (through battery applications) and renewable energy (through transformers, heat exchangers, and wind power turbines) positions the company for potential long-term growth. As the demand for sustainable and energy-efficient solutions continues to rise, Gränges products are likely to play a critical role in these sectors. Evaluating the companys growth prospects requires analyzing its capacity to capitalize on these trends, as well as its ability to maintain profitability amidst potential market volatility.
GRNG Stock Overview
| Market Cap in USD | 1,456m |
| Sub-Industry | Aluminum |
| IPO / Inception |
GRNG Stock Ratings
| Growth Rating | 59.3% |
| Fundamental | 58.0% |
| Dividend Rating | 52.7% |
| Return 12m vs S&P 500 | -17.4% |
| Analyst Rating | - |
GRNG Dividends
| Dividend Yield 12m | 2.49% |
| Yield on Cost 5y | 5.12% |
| Annual Growth 5y | 28.51% |
| Payout Consistency | 82.3% |
| Payout Ratio | 32.0% |
GRNG Growth Ratios
| Growth Correlation 3m | 57.1% |
| Growth Correlation 12m | 35.1% |
| Growth Correlation 5y | 67% |
| CAGR 5y | 19.55% |
| CAGR/Max DD 3y | 0.72 |
| CAGR/Mean DD 3y | 2.90 |
| Sharpe Ratio 12m | -0.13 |
| Alpha | 0.00 |
| Beta | 0.962 |
| Volatility | 35.68% |
| Current Volume | 181k |
| Average Volume 20d | 155k |
| Stop Loss | 118.2 (-3.1%) |
| Signal | -0.94 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (990.0m TTM) > 0 and > 6% of Revenue (6% = 1.57b TTM) |
| FCFTA -0.04 (>2.0%) and ΔFCFTA -11.57pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 10.24% (prev 11.43%; Δ -1.19pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 511.0m <= Net Income 990.0m (YES >=105%, WARN >=100%) |
| Net Debt (4.29b) to EBITDA (2.49b) ratio: 1.73 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.38 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (106.4m) change vs 12m ago -0.19% (target <= -2.0% for YES) |
| Gross Margin 31.31% (prev 28.63%; Δ 2.68pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 134.5% (prev 119.3%; Δ 15.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.68 (EBITDA TTM 2.49b / Interest Expense TTM 280.0m) >= 6 (WARN >= 3) |
Altman Z'' 3.88
| (A) 0.13 = (Total Current Assets 9.67b - Total Current Liabilities 6.99b) / Total Assets 20.34b |
| (B) 0.46 = Retained Earnings (Balance) 9.37b / Total Assets 20.34b |
| (C) 0.08 = EBIT TTM 1.59b / Avg Total Assets 19.44b |
| (D) 0.92 = Book Value of Equity 9.51b / Total Liabilities 10.29b |
| Total Rating: 3.88 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 58.03
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield -4.74% = -2.37 |
| 3. FCF Margin -3.20% = -1.20 |
| 4. Debt/Equity 0.51 = 2.37 |
| 5. Debt/Ebitda 1.96 = 0.08 |
| 6. ROIC - WACC (= 1.54)% = 1.92 |
| 7. RoE 10.14% = 0.85 |
| 8. Rev. Trend 52.65% = 3.95 |
| 9. EPS Trend 38.51% = 1.93 |
What is the price of GRNG shares?
Over the past week, the price has changed by -9.56%, over one month by -9.76%, over three months by +2.78% and over the past year by -2.08%.
Is Gränges (publ) a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GRNG is around 125.59 SEK . This means that GRNG is currently overvalued and has a potential downside of 2.94%.
Is GRNG a buy, sell or hold?
What are the forecasts/targets for the GRNG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 160.7 | 31.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 138.6 | 13.6% |
GRNG Fundamental Data Overview
Market Cap SEK = 13.56b (13.56b SEK * 1.0 SEK.SEK)
CCE Cash And Equivalents = 796.0m SEK (Cash And Short Term Investments, last quarter)
P/E Trailing = 13.7244
P/S = 0.5187
P/B = 1.4258
P/EG = 1.41
Beta = 0.88
Revenue TTM = 26.14b SEK
EBIT TTM = 1.59b SEK
EBITDA TTM = 2.49b SEK
Long Term Debt = 2.16b SEK (from longTermDebt, last quarter)
Short Term Debt = 2.71b SEK (from shortTermDebt, last quarter)
Debt = 4.87b SEK (Calculated: Short Term 2.71b + Long Term 2.16b)
Net Debt = 4.29b SEK (from netDebt column, last quarter)
Enterprise Value = 17.63b SEK (13.56b + Debt 4.87b - CCE 796.0m)
Interest Coverage Ratio = 5.68 (Ebit TTM 1.59b / Interest Expense TTM 280.0m)
FCF Yield = -4.74% (FCF TTM -836.0m / Enterprise Value 17.63b)
FCF Margin = -3.20% (FCF TTM -836.0m / Revenue TTM 26.14b)
Net Margin = 3.79% (Net Income TTM 990.0m / Revenue TTM 26.14b)
Gross Margin = 31.31% ((Revenue TTM 26.14b - Cost of Revenue TTM 17.96b) / Revenue TTM)
Tobins Q-Ratio = 1.85 (Enterprise Value 17.63b / Book Value Of Equity 9.51b)
Interest Expense / Debt = 1.38% (Interest Expense 67.0m / Debt 4.87b)
Taxrate = 19.18% (240.0m / 1.25b)
NOPAT = 1.29b (EBIT 1.59b * (1 - 19.18%))
Current Ratio = 1.38 (Total Current Assets 9.67b / Total Current Liabilities 6.99b)
Debt / Equity = 0.51 (Debt 4.87b / last Quarter total Stockholder Equity 9.51b)
Debt / EBITDA = 1.96 (Net Debt 4.29b / EBITDA 2.49b)
Debt / FCF = -5.82 (Debt 4.87b / FCF TTM -836.0m)
Total Stockholder Equity = 9.76b (last 4 quarters mean)
RoA = 4.87% (Net Income 990.0m, Total Assets 20.34b )
RoE = 10.14% (Net Income TTM 990.0m / Total Stockholder Equity 9.76b)
RoCE = 13.35% (Ebit 1.59b / (Equity 9.76b + L.T.Debt 2.16b))
RoIC = 8.87% (NOPAT 1.29b / Invested Capital 14.50b)
WACC = 7.33% (E(13.56b)/V(18.43b) * Re(9.56%)) + (D(4.87b)/V(18.43b) * Rd(1.38%) * (1-Tc(0.19)))
Shares Correlation 3-Years: 18.18 | Cagr: 0.00%
Discount Rate = 9.56% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -836.0m)
EPS Correlation: 38.51 | EPS CAGR: 9.33% | SUE: -0.17 | # QB: 0
Revenue Correlation: 52.65 | Revenue CAGR: 4.54% | SUE: N/A | # QB: None