Granges AB (SE:GRNG)
:GRNG
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Granges AB
(GRNG)
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Rating:60Neutral
Price Target:
kr157.00
▲(5.65% Upside)
Action:DowngradedDate:01/31/26
The score is mainly held back by weak and volatile cash generation (negative/low free cash flow and low cash conversion in 2024–2025) and 2025 gross margin pressure. Offsetting this are a relatively sound balance sheet for a cyclical metals business and generally constructive technical trends with neutral momentum; valuation is mid-range with a moderate dividend yield.
Positive Factors
Market position & client base
Serving automotive and aerospace creates durable, high-spec B2B demand and sticky customer relationships. Concentration in sectors with structural lightweighting trends supports long-term volume visibility, recurring contracts and opportunities to upsell value-added surface treatments and engineering services.
Negative Factors
Weak and volatile cash generation
Volatile free cash flow and low operating cash conversion reduce financial flexibility for dividends, buybacks, or rapid deleveraging. Over the medium term this constrains the company's ability to absorb shocks, fund growth organically, or respond tactically to cyclical downturns without raising external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Market position & client base
Serving automotive and aerospace creates durable, high-spec B2B demand and sticky customer relationships. Concentration in sectors with structural lightweighting trends supports long-term volume visibility, recurring contracts and opportunities to upsell value-added surface treatments and engineering services.
Read all positive factors
Granges AB (GRNG) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr14.91B
Dividend Yield2.29%
Average Volume (3M)191.87K
Price to Earnings (P/E)15.8
Beta (1Y)1.06
Revenue Growth22.58%
EPS Growth0.31%
CountrySE
Employees3,425
SectorGeneral
Sector StrengthN/A
IndustryAluminum
Share Statistics
EPS (TTM)2.30
Shares Outstanding106,491,380
10 Day Avg. Volume111,250
30 Day Avg. Volume191,873
Financial Highlights & Ratios
PEG Ratio145.50
Price to Book (P/B)1.60
Price to Sales (P/S)0.55
P/FCF Ratio50.48
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr180.00Price Target Upside21.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)11.22
Revenue Forecast (FY)kr29.50B
Granges AB Business Overview & Revenue Model
Company Description
Gränges AB (publ) develops, produces, and distributes rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Europe, Asia, and the Americas. The company offers clad tubes and fins, unclad fins, and ...
How the Company Makes Money
Granges AB generates revenue primarily through the sale of its aluminum products, which include rolled and extruded aluminum solutions tailored for specific industrial applications. The company operates on a B2B model, supplying its products to ma...
Granges AB Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
70
Positive
Cash Flow
40
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 28.36B | 23.50B | 22.52B | 24.49B | 18.13B |
| Gross Profit | 2.95B | 8.02B | 7.28B | 6.72B | 5.34B |
| EBITDA | 2.44B | 2.38B | 2.39B | 1.88B | 1.47B |
| Net Income | 1.01B | 1.01B | 1.01B | 700.00M | 595.00M |
Balance Sheet | |||||
| Total Assets | 20.63B | 21.40B | 16.69B | 17.53B | 15.77B |
| Cash, Cash Equivalents and Short-Term Investments | 547.00M | 850.00M | 461.00M | 879.00M | 809.00M |
| Total Debt | 4.89B | 5.48B | 3.46B | 5.01B | 4.06B |
| Total Liabilities | 10.38B | 10.56B | 7.88B | 9.32B | 8.84B |
| Stockholders Equity | 9.71B | 10.24B | 8.81B | 8.20B | 6.93B |
Cash Flow | |||||
| Free Cash Flow | 307.00M | -836.00M | 2.06B | 109.00M | 152.00M |
| Operating Cash Flow | 1.08B | 489.00M | 3.29B | 1.10B | 988.00M |
| Investing Cash Flow | -772.00M | -2.08B | -1.45B | -993.00M | -926.00M |
| Financing Cash Flow | -488.00M | 1.91B | -2.25B | -86.00M | -793.00M |
Granges AB Technical Analysis
Negative
148.60
Price Trends
152.00
Negative
146.20
Negative
136.56
Positive
Market Momentum
-3.45
Positive
36.50
Neutral
49.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GRNG, the sentiment is Negative. The current price of 148.6 is below the 20-day moving average (MA) of 148.80, below the 50-day MA of 152.00, and above the 200-day MA of 136.56, indicating a neutral trend. The MACD of -3.45 indicates Positive momentum. The RSI at 36.50 is Neutral, neither overbought nor oversold. The STOCH value of 49.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:GRNG.
Granges AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | kr132.93B | 8.41 | 13.04% | ― | 8.30% | -8.62% | |
65 Neutral | kr71.13B | 39.99 | 7.23% | 3.80% | -8.04% | -37.18% | |
62 Neutral | kr24.63B | 15.59 | 13.67% | 4.87% | -4.11% | -17.57% | |
60 Neutral | kr14.91B | 15.75 | 9.93% | 2.29% | 22.58% | 0.31% | |
59 Neutral | kr76.79B | 26.87 | 3.09% | 2.49% | 6.10% | -3.62% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | kr85.20B | 12.15 | ― | 3.46% | 3.43% | 78.62% |
* General Sector Average
SE:GRNG
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.