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Granges AB
(GRNG)
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Rating:68Neutral
Price Target:
kr207.00
▲(26.76% Upside)
Action:Reiterated
Date:04/24/26
The score is driven primarily by mixed fundamentals: steady profitability and manageable leverage are offset by volatile, weak cash-flow conversion and thin TTM free cash flow. Technicals add support with a clear uptrend and positive momentum, while valuation is reasonable (P/E ~12.45) with a modest dividend yield (~1.95%).
Positive Factors
Consistent Returns on Equity
A steady ROE around 10–11% indicates the company consistently converts invested capital into profit, reflecting an effective business model and operational discipline. Over 2–6 months this supports reinvestment capacity, credibility with customers, and resilience versus peers in cyclicality.
Negative Factors
Weak and Volatile Cash Generation
Poor cash conversion and a sharp drop in free cash flow limit the firm's ability to self-fund capex, reduce debt, or increase returns to shareholders. Persistent volatility in working capital or investment needs raises refinancing and liquidity risk over a multi‑month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Returns on Equity
A steady ROE around 10–11% indicates the company consistently converts invested capital into profit, reflecting an effective business model and operational discipline. Over 2–6 months this supports reinvestment capacity, credibility with customers, and resilience versus peers in cyclicality.
Read all positive factors
Granges AB (GRNG) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr17.78B
Dividend Yield2.29%
Average Volume (3M)191.87K
Price to Earnings (P/E)16.6
Beta (1Y)1.04
Revenue Growth16.02%
EPS Growth5.41%
CountrySE
Employees3,425
SectorGeneral
Sector StrengthN/A
IndustryAluminum
Share Statistics
EPS (TTM)10.19
Shares Outstanding106,524,210
10 Day Avg. Volume111,250
30 Day Avg. Volume191,873
Financial Highlights & Ratios
PEG Ratio145.55
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
kr170.00Price Target Upside4.10% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)11.86
Revenue Forecast (FY)kr32.37B
Granges AB Business Overview & Revenue Model
Company Description
Gränges AB (publ) is dedicated to the development, production, and distribution of specialized rolled aluminum products. These materials are utilized in thermal regulation systems, niche applications, and custom packaging solutions throughout Euro...
How the Company Makes Money
Gränges makes money primarily by selling aluminum rolled products (and associated product development and technical support) to industrial customers. Its revenue model is largely volume-driven: customers purchase specified rolled aluminum products...
Granges AB Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
74
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.37B | 28.36B | 23.50B | 22.52B | 24.49B | 18.13B |
| Gross Profit | 4.97B | 2.95B | 8.02B | 7.28B | 6.72B | 5.34B |
| EBITDA | 2.50B | 2.44B | 2.38B | 2.39B | 1.88B | 1.47B |
| Net Income | 1.08B | 1.01B | 1.01B | 1.01B | 700.00M | 595.00M |
Balance Sheet | ||||||
| Total Assets | 22.89B | 20.63B | 21.40B | 16.69B | 17.53B | 15.77B |
| Cash, Cash Equivalents and Short-Term Investments | 586.00M | 547.00M | 850.00M | 461.00M | 879.00M | 809.00M |
| Total Debt | 5.44B | 4.89B | 5.48B | 3.46B | 5.01B | 4.06B |
| Total Liabilities | 12.07B | 10.38B | 10.56B | 7.88B | 9.32B | 8.84B |
| Stockholders Equity | 10.23B | 9.71B | 10.24B | 8.81B | 8.20B | 6.93B |
Cash Flow | ||||||
| Free Cash Flow | 97.00M | 307.00M | -836.00M | 2.06B | 109.00M | 152.00M |
| Operating Cash Flow | 752.00M | 1.08B | 489.00M | 3.29B | 1.10B | 988.00M |
| Investing Cash Flow | -655.00M | -772.00M | -2.08B | -1.45B | -993.00M | -926.00M |
| Financing Cash Flow | -180.00M | -488.00M | 1.91B | -2.25B | -86.00M | -793.00M |
Granges AB Technical Analysis
Neutral
163.30
Price Trends
179.48
Negative
166.49
Positive
151.30
Positive
Market Momentum
-3.26
Positive
41.36
Neutral
17.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GRNG, the sentiment is Neutral. The current price of 163.3 is below the 20-day moving average (MA) of 174.11, below the 50-day MA of 179.48, and above the 200-day MA of 151.30, indicating a neutral trend. The MACD of -3.26 indicates Positive momentum. The RSI at 41.36 is Neutral, neither overbought nor oversold. The STOCH value of 17.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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 |
|---|---|---|---|---|---|---|---|
75 Outperform | kr25.04B | 13.46 | 13.67% | 4.87% | -8.75% | -14.76% | |
70 Outperform | kr148.37B | 13.38 | 13.04% | ― | 9.10% | -4.02% | |
68 Neutral | kr17.78B | 16.64 | 9.93% | 2.29% | 16.02% | 5.41% | |
59 Neutral | kr69.03B | 25.20 | 3.09% | 2.49% | -3.98% | -23.70% | |
58 Neutral | kr92.78B | 17.74 | 7.23% | 3.80% | -5.66% | 5.97% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | kr81.08B | 12.09 | ― | 3.46% | -3.54% | ― |
* General Sector Average
SE:GRNG
Granges AB
169.60
44.94
36.05%
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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.