(GLJ) Grenke - Overview
Stock: Leasing, Factoring, Deposits, Microloans
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.96% |
| Yield on Cost 5y | 1.64% |
| Yield CAGR 5y | 11.37% |
| Payout Consistency | 94.6% |
| Payout Ratio | 58.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.0% |
| Relative Tail Risk | -14.7% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.18 |
| Alpha | -17.85 |
| Character TTM | |
|---|---|
| Beta | 0.236 |
| Beta Downside | 0.609 |
| Drawdowns 3y | |
|---|---|
| Max DD | 58.85% |
| CAGR/Max DD | -0.34 |
Description: GLJ Grenke December 25, 2025
Grenke AG (XETRA:GLJ) and its subsidiaries deliver a suite of financial services to small- and medium-sized enterprises across Germany, France, Italy and other markets. Its core activities include leasing commercial assets-ranging from IT hardware (PCs, servers, monitors) to office communication, medical technology, security equipment and green-economy items such as photovoltaic systems and e-bikes-plus related services, protection, maintenance and the resale of used equipment.
Beyond leasing, Grenke offers fixed-term deposits, micro-loans, start-up financing, development loans for SMEs and self-employed professionals, and small-ticket factoring. The firm, founded in 1978 and rebranded from GrenkeLeasing AG in 2016, operates under the Consumer Finance sub-industry (GICS) and is headquartered in Baden-Baden, Germany.
Recent data (Q3 2024) show Grenke’s total leasing portfolio at €4.2 bn, with a net interest margin of 3.1 % and a loan-loss provision ratio of 0.9 %-both reflecting the tightening European credit environment and the firm’s focus on low-ticket, high-turnover assets. The SME sector’s credit demand remains a key driver, while rising interest rates are pressuring financing costs and potentially boosting net interest income if credit quality holds.
For a deeper quantitative dive, check the ValueRay analysis of GLJ.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 63.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA -10.03 > 1.0 |
| NWC/Revenue: 95.23% < 20% (prev 82.62%; Δ 12.61% < -1%) |
| CFO/TA -0.05 > 3% & CFO -416.6m > Net Income 63.4m |
| Net Debt (4.07b) to EBITDA (181.9m): 22.40 < 3 |
| Current Ratio: 1.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.2m) vs 12m ago -4.98% < -2% |
| Gross Margin: 47.62% > 18% (prev 0.59%; Δ 4702 % > 0.5%) |
| Asset Turnover: 10.74% > 50% (prev 9.15%; Δ 1.59% > 0%) |
| Interest Coverage Ratio: 88.07 > 6 (EBITDA TTM 181.9m / Interest Expense TTM 1.84m) |
Altman Z'' 1.23
| A: 0.10 (Total Current Assets 3.54b - Total Current Liabilities 2.67b) / Total Assets 8.81b |
| B: 0.10 (Retained Earnings 870.2m / Total Assets 8.81b) |
| C: 0.02 (EBIT TTM 161.7m / Avg Total Assets 8.49b) |
| D: 0.12 (Book Value of Equity 916.7m / Total Liabilities 7.40b) |
| Altman-Z'' Score: 1.23 = BB |
Beneish M -2.49
| DSRI: 1.02 (Receivables 11.4m/9.08m, Revenue 911.2m/746.1m) |
| GMI: 1.25 (GM 47.62% / 59.38%) |
| AQI: 1.13 (AQ_t 0.57 / AQ_t-1 0.50) |
| SGI: 1.22 (Revenue 911.2m / 746.1m) |
| TATA: 0.05 (NI 63.4m - CFO -416.6m) / TA 8.81b) |
| Beneish M-Score: -2.49 (Cap -4..+1) = BBB |
What is the price of GLJ shares?
Over the past week, the price has changed by -3.94%, over one month by -9.13%, over three months by -0.98% and over the past year by -10.78%.
Is GLJ a buy, sell or hold?
What are the forecasts/targets for the GLJ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 23.3 | 64.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 12.7 | -10.3% |
GLJ Fundamental Data Overview February 02, 2026
P/E Trailing = 14.4286
P/E Forward = 12.7226
P/S = 0.994
P/B = 0.4766
P/EG = 0.7485
Revenue TTM = 911.2m EUR
EBIT TTM = 161.7m EUR
EBITDA TTM = 181.9m EUR
Long Term Debt = 4.63b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.22b EUR (from shortTermDebt, last quarter)
Debt = 4.85b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.07b EUR (from netDebt column, last quarter)
Enterprise Value = 4.71b EUR (630.6m + Debt 4.85b - CCE 776.0m)
Interest Coverage Ratio = 88.07 (Ebit TTM 161.7m / Interest Expense TTM 1.84m)
EV/FCF = -11.00x (Enterprise Value 4.71b / FCF TTM -427.8m)
FCF Yield = -9.09% (FCF TTM -427.8m / Enterprise Value 4.71b)
FCF Margin = -46.95% (FCF TTM -427.8m / Revenue TTM 911.2m)
Net Margin = 6.95% (Net Income TTM 63.4m / Revenue TTM 911.2m)
Gross Margin = 47.62% ((Revenue TTM 911.2m - Cost of Revenue TTM 477.3m) / Revenue TTM)
Gross Margin QoQ = 47.06% (prev 47.19%)
Tobins Q-Ratio = 0.53 (Enterprise Value 4.71b / Total Assets 8.81b)
Interest Expense / Debt = 0.01% (Interest Expense 528.0k / Debt 4.85b)
Taxrate = 24.25% (7.18m / 29.6m)
NOPAT = 122.5m (EBIT 161.7m * (1 - 24.25%))
Current Ratio = 1.32 (Total Current Assets 3.54b / Total Current Liabilities 2.67b)
Debt / Equity = 3.55 (Debt 4.85b / totalStockholderEquity, last quarter 1.36b)
Debt / EBITDA = 22.40 (Net Debt 4.07b / EBITDA 181.9m)
Debt / FCF = -9.52 (negative FCF - burning cash) (Net Debt 4.07b / FCF TTM -427.8m)
Total Stockholder Equity = 1.36b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.75% (Net Income 63.4m / Total Assets 8.81b)
RoE = 4.66% (Net Income TTM 63.4m / Total Stockholder Equity 1.36b)
RoCE = 2.70% (EBIT 161.7m / Capital Employed (Equity 1.36b + L.T.Debt 4.63b))
RoIC = 2.10% (NOPAT 122.5m / Invested Capital 5.84b)
WACC = 0.79% (E(630.6m)/V(5.48b) * Re(6.78%) + D(4.85b)/V(5.48b) * Rd(0.01%) * (1-Tc(0.24)))
Discount Rate = 6.78% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -2.52%
Fair Price DCF = unknown (Cash Flow -427.8m)
EPS Correlation: -40.32 | EPS CAGR: -16.15% | SUE: -0.20 | # QB: 0
Revenue Correlation: 84.53 | Revenue CAGR: 8.27% | SUE: 0.80 | # QB: 0
EPS next Year (2026-12-31): EPS=2.09 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+37.5% | Growth Revenue=+12.1%