Want to see DE:GLJ full AI Analyst Report?

GRENKE AG (GLJ) Price & Analysis

26 Followers

GLJ Stock Chart & Stats

€13.70

€0.12(0.71%)

At close: Jan 09 4:00 PM EST

€13.70

€0.12(0.71%)

Day’s Range― - ―

52-Week Range€11.60 - €19.82

Previous CloseN/A

Volume29.19K

Average Volume (3M)67.56K

Market Cap

€558.88M

Enterprise Value€7.42B

Total Cash (Recent Filing)€974.84M

Total Debt (Recent Filing)€7.71B

Price to Earnings (P/E)7.4

Beta1.12

Next Earnings

Aug 13, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield2.63%

Share Statistics

EPS (TTM)1.62

Shares Outstanding46,495,570

10 Day Avg. Volume61,687

30 Day Avg. Volume67,556

Financial Highlights & Ratios

PEG Ratio-1.16

Price to Book (P/B)0.60

Price to Sales (P/S)0.77

P/FCF Ratio-2.69

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

€26.60

Price Target Upside94.16% Upside

Rating ConsensusStrong Buy

Number of Analyst Covering3

EPS Forecast (FY)1.49

Revenue Forecast (FY)€732.34M

Bulls Say, Bears Say

Bulls Say

Recurring Leasing ModelRecurring leasing contracts generate predictable, multi-year cash streams and let GRENKE earn the spread between funding costs and lease yields. This business model provides durable revenue visibility, supports scale through distribution partners, and underpins long-term earnings generation.

Solid Revenue GrowthDouble-digit revenue growth indicates sustained demand for small-ticket leasing and effective origination via vendor and dealer channels. Continued top-line expansion supports scale economies and fee income, helping absorb fixed costs and improving the structural foundation for future profitability.

Sustained ProfitabilityDespite pressures, GRENKE remains consistently profitable with mid-single-digit net margins and positive returns on equity. Ongoing profitability supports internal capital for new originations and distributions, evidencing that the core leasing franchise can generate earnings after funding and credit costs.

Bears Say

Very High LeverageDebt at roughly 6.7x equity materially increases financial risk and reduces strategic flexibility. Elevated leverage heightens sensitivity to interest-rate moves and refinancing cycles, magnifies losses in credit stress, and constrains the firm's ability to invest, deleverage, or withstand funding shocks.

Volatile Cash GenerationCash conversion at ~70% and prior negative FCF in 2025 show earnings do not reliably convert to cash. Such volatility increases reliance on external funding for growth and refinancing, complicates debt reduction plans and raises the risk that earnings cannot fund required capital or cushion downturns.

Margin CompressionPersistent margin compression suggests higher funding costs, rising credit-loss provisions or weaker pricing power. Reduced operating leverage lowers returns on new originations, meaning the company must either grow volumes materially or improve cost/funding structures to restore sustainable ROE and long-term profitability.

GRENKE AG News

Grenke price target lowered to EUR 19 from EUR 20 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Grenke (GKSGF) to EUR 19 from EUR 20 and keeps...

3M ago

Grenke price target lowered to EUR 28 from EUR 29 at Berenberg

Berenberg analyst Marius Fuhrberg lowered the firm’s price target on Grenke (GKSGF) to EUR 28 from EUR 29...

4M ago

Grenke price target lowered to EUR 20 from EUR 22 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Grenke (GKSGF) to EUR 20 from EUR 22 and keeps...

7M ago

GRENKE AG (0R97) Discloses Q2 Dividend: What Shareholders Should Know

GRENKE AG (LSE: 0R97) has declared, under its dividend policy, a yearly cash dividend in the amount of...

1y ago

GLJ FAQ

What was GRENKE AG’s price range in the past 12 months?

GRENKE AG lowest stock price was €11.60 and its highest was €19.82 in the past 12 months.

What is GRENKE AG’s market cap?

GRENKE AG’s market cap is €558.88M.

When is GRENKE AG’s upcoming earnings report date?

GRENKE AG’s upcoming earnings report date is Aug 13, 2026 which is in 43 days.

How were GRENKE AG’s earnings last quarter?

GRENKE AG released its earnings results on May 13, 2026. The company reported €0.03 earnings per share for the quarter, beating the consensus estimate of N/A by €0.03.

Is GRENKE AG overvalued?

According to Wall Street analysts GRENKE AG’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does GRENKE AG pay dividends?

GRENKE AG pays a Annually dividend of €0.42 which represents an annual dividend yield of 2.63%. See more information on GRENKE AG dividends here

What is GRENKE AG’s EPS estimate?

GRENKE AG’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does GRENKE AG have?

GRENKE AG has 46,495,570 shares outstanding.

What happened to GRENKE AG’s price movement after its last earnings report?

GRENKE AG reported an EPS of €0.03 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.163%.

Which hedge fund is a major shareholder of GRENKE AG?

Currently, no hedge funds are holding shares in DE:GLJ

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

GRENKE AG Stock Smart Score

Neutral

Fundamentals

Return on Equity

5.74%

Trailing 12-Months

Asset Growth

12.10%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

GRENKE AG

Grenke AG, established in 1978 and based in Baden-Baden, Germany, offers a broad spectrum of financial and banking services primarily aimed at small and medium-sized enterprises (SMEs). The company's operations extend across Germany, France, Italy, and various international markets. Its business is structured into three main divisions: Leasing, Banking, and Factoring. The Leasing segment specializes in small-value equipment financing, particularly for IT products like PCs, notebooks, servers, and telecommunications gear, as well as copying and medical technology. This division provides commercial clients with financing options, alongside comprehensive services such as protection plans, maintenance, and the management of used equipment disposal. Through its Banking division, Grenke offers fixed deposit accounts to both individual and corporate clients via its digital platform. It also extends funding to new business ventures and provides development loans to SMEs and independent professionals. Furthermore, its Factoring unit delivers small-ticket factoring services. With a global network of 154 locations, the company was originally known as GrenkeLeasing AG before adopting the name Grenke AG in May 2016.

GRENKE AG (GLJ) Earnings & Revenues

Historic Earnings Reports

GLJ Stock 12 Month Forecast

Average Price Target

€26.60

▲(94.16% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"11":"€11","20":"€20","29":"€29","15.5":"€15.5","24.5":"€24.5"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":28,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">€28.00</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":26.6,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">€26.60</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":25.2,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">€25.20</span>\n  </div></div>","useHTML":true}}],"tickPositions":[11,15.5,20,24.5,29],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Sep<br/>2025","6":"Dec<br/>2025","9":"Mar<br/>2026","12":"Jun<br/>2026","25":"Jun<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,12.68,13.858461538461539,15.036923076923078,16.215384615384615,17.393846153846155,18.572307692307692,19.75076923076923,20.92923076923077,22.107692307692307,23.286153846153844,24.464615384615385,25.643076923076922,26.82153846153846,{"y":28,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,12.68,13.750769230769231,14.821538461538461,15.892307692307693,16.963076923076922,18.033846153846156,19.104615384615386,20.175384615384615,21.246153846153845,22.31692307692308,23.38769230769231,24.458461538461542,25.52923076923077,{"y":26.6,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,12.68,13.643076923076922,14.606153846153846,15.569230769230769,16.532307692307693,17.495384615384616,18.45846153846154,19.42153846153846,20.384615384615383,21.347692307692306,22.310769230769232,23.27384615384615,24.236923076923077,{"y":25.2,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":13.459,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":15.24,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.731,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.344,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.402,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.466,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.892,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":15.143,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.136,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":13.904,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":12.432,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":12.72,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":12.68,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >