GRNG Stock Analysis: Gränges (publ) | ST
Aluminum | ST, Sweden | Market Cap: 19.262m SEK | 12M Return: 54.5% | SE0006288015 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 24.2M
EPS Trend: 79.6%
Qual. Beats: 0
Rev. Trend: 93.3%
Qual. Beats: 4
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Gränges AB (publ) is a Swedish manufacturer of rolled aluminum products, operating across the Americas, Asia, and Europe. The company sells clad and unclad rolled aluminum under the Gränges Endure brand, serving end markets including automotive heat exchangers, HVAC, specialty packaging, electrification and battery, industrial, and powder metallurgy applications. The group was originally founded in 1896 and was previously known as Sapa AB before adopting its current name in April 2013; it is headquartered in Stockholm and listed on the Stockholm Stock Exchange under the ticker GRNG.
Rolled aluminum is a value-added semi-finished product (sheet and strip), and clad variants bond distinct aluminum alloys to combine properties such as corrosion resistance, strength, and thermal conductivity in a single material - a process particularly important for heat exchanger and battery applications. Demand from the automotive and electrification segments has become a structural growth driver for the sector, as aluminum supports vehicle lightweighting and thermal management in electric vehicles, while HVAC and packaging markets tend to track broader industrial and consumer cyclicality.
- Automotive heat exchanger volumes drive Americas segment growth
- Battery and electrification demand lifts specialty product margins
- European HVAC weakness pressures overall revenue mix
| Net Income: 1.20b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 0.63 > 1.0 |
| NWC/Revenue: 12.07% < 20% (prev 10.24%; Δ 1.83% < -1%) |
| CFO/TA 0.00 > 3% & CFO 59.0m > Net Income 1.20b |
| Net Debt (5.66b) to EBITDA (2.65b): 2.14 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (106.7m) vs 12m ago 0.31% < -2% |
| Gross Margin: 22.21% > 18% (prev 31.30%; Δ -9.09% > 0.5%) |
| Asset Turnover: 143.2% > 50% (prev 128.5%; Δ 14.62% > 0%) |
| Interest Coverage Ratio: 6.39 > 6 (EBIT TTM 1.81b / Interest Expense TTM 283.0m) |
| A: 0.16 (Total Current Assets 13.7b - Total Current Liabilities 9.82b) / Total Assets 24.5b |
| B: 0.30 (Retained Earnings 7.30b / Total Assets 24.5b) |
| C: 0.08 (EBIT TTM 1.81b / Avg Total Assets 22.4b) |
| D: 0.81 (Book Value of Equity 10.7b / Total Liabilities 13.2b) |
| Altman-Z'' = 3.40 = A |
| DSRI: 0.74 (Receivables 3.62b/3.96b, Revenue 32.1b/26.1b) |
| GMI: 1.41 (GM 31.30% / 22.21%) |
| AQI: 0.88 (AQ_t 0.08 / AQ_t-1 0.09) |
| SGI: 1.23 (Revenue 32.1b / 26.1b) |
| TATA: 0.05 (NI 1.20b - CFO 59.0m) / TA 24.5b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of October 16, 2026, the stock is trading at SEK 178.20 with a total of 123,761 shares traded. Over the past week, the price has changed by +1.83%, over one month by +8.39%, over three months by +5.19% and over the past year by +54.47%.
Current recommended Stop Loss: 167.90 (which is 5.8% or 2 ATR below the current price).
Gränges (publ) has no consensus analysts rating.
P/E Trailing = 16.0337
P/S = 0.6005
P/B = 1.8263
P/EG = 1.41
Revenue TTM = 32.1b SEK
EBIT TTM = 1.81b SEK
EBITDA TTM = 2.65b SEK
Long Term Debt = 2.27b SEK (from longTermDebt, last quarter)
Short Term Debt = 3.83b SEK (from shortTermDebt, last quarter)
Debt = 6.55b SEK (from shortLongTermDebtTotal, last quarter) + Leases 257.0m
Net Debt = 5.66b SEK (calculated: Debt 6.55b - CCE 890.0m)
Enterprise Value = 24.9b SEK (19.3b + Debt 6.55b - CCE 890.0m)
Interest Coverage Ratio = 6.39 (Ebit TTM 1.81b / Interest Expense TTM 283.0m)
EV/FCF = -43.96x (Enterprise Value 24.9b / FCF TTM -567.0m)
FCF Yield = -2.27% (FCF TTM -567.0m / Enterprise Value 24.9b)
FCF Margin = -1.77% (FCF TTM -567.0m / Revenue TTM 32.1b)
Net Margin = 3.74% (Net Income TTM 1.20b / Revenue TTM 32.1b)
Gross Margin = 22.21% ((Revenue TTM 32.1b - Cost of Revenue TTM 24.9b) / Revenue TTM)
Gross Margin QoQ = 25.28% (prev 26.38%)
Tobins Q-Ratio = 1.02 (Enterprise Value 24.9b / Total Assets 24.5b)
Interest Expense / Debt = 4.32% (Interest Expense 283.0m / Debt 6.55b)
Taxrate = 19.07% (290.0m / 1.52b)
NOPAT = 1.46b (EBIT 1.81b * (1 - 19.07%))
Current Ratio = 1.39 (Total Current Assets 13.7b / Total Current Liabilities 9.82b)
Debt / Equity = 0.62 (Debt 6.55b / totalStockholderEquity, last quarter 10.7b)
Debt / EBITDA = 2.14 (Net Debt 5.66b / EBITDA 2.65b)
Debt / FCF = -9.99 (negative FCF - burning cash) (Net Debt 5.66b / FCF TTM -567.0m)
Total Stockholder Equity = 10.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.36% (Net Income 1.20b / Total Assets 24.5b)
RoE = 11.94% (Net Income TTM 1.20b / Total Stockholder Equity 10.1b)
RoCE = 14.67% (EBIT 1.81b / Capital Employed (Equity 10.1b + L.T.Debt 2.27b))
RoIC = 8.32% (NOPAT 1.46b / Invested Capital 17.6b)
WACC = 7.74% (E(19.3b)/V(25.8b) * Re(9.18%) + D(6.55b)/V(25.8b) * Rd(4.32%) * (1-Tc(0.19)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 24.16 | Cagr: 0.12%
[DCF] Fair Price = unknown (Cash Flow -567.0m)
EPS Correlation: 79.63 | EPS CAGR: 6.96% | SUE: 0.43 | # QB: 0
Revenue Correlation: 93.26 | Revenue CAGR: 14.18% | SUE: 2.92 | # QB: 4
EPS current Quarter (2026-09-30): EPS=3.30 | Chg30d=-0.75% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=13.37 | Chg30d=+1.72% | Revisions=+40% | GrowthEPS=+40.2% | GrowthRev=+24.7%
EPS next Year (2027-12-31): EPS=14.99 | Chg30d=+3.38% | Revisions=+40% | GrowthEPS=+12.1% | GrowthRev=+14.0%
[Analyst] Revisions Ratio: +38% (up=4, down=1)