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Granges AB
(GRNG)
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Rating:52Neutral
Price Target:
kr176.00
▲(7.78% Upside)
Action:Reiterated
Date:10/23/26
The score is held back primarily by weak TTM cash generation (negative free cash flow and low operating cash flow despite positive profits) and bearish-to-soft technical signals. These are partly offset by decent revenue growth, a manageable balance sheet, and a reasonable P/E with a modest dividend.
Positive Factors
Revenue Growth
Sustained revenue expansion indicates that Gränges continues to grow its industrial customer base and product volumes across aluminum applications. Continued top-line progress can support operating leverage, reinforce customer relationships, and provide a foundation for improving earnings over the next several quarters.
Negative Factors
Weak Cash Conversion
The sharp deterioration in operating and free cash flow means reported profits are not currently translating into equivalent cash generation. This weakens earnings quality, can increase dependence on external funding, and may constrain Gränges's ability to invest or withstand cyclical demand pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained revenue expansion indicates that Gränges continues to grow its industrial customer base and product volumes across aluminum applications. Continued top-line progress can support operating leverage, reinforce customer relationships, and provide a foundation for improving earnings over the next several quarters.
Read all positive factors
Granges AB (GRNG) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr18.47B
Dividend Yield1.9%
Average Volume (3M)166.72K
Price to Earnings (P/E)13.7
Beta (1Y)1.04
Revenue Growth26.72%
EPS Growth42.01%
CountrySE
Employees3,533
SectorGeneral
Sector StrengthN/A
IndustryAluminum
Share Statistics
EPS (TTM)12.66
Shares Outstanding106,594,430
10 Day Avg. Volume236,758
30 Day Avg. Volume166,725
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)13.77
Revenue Forecast (FY)kr35.89B
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 by producing and selling rolled aluminum products and related material solutions to industrial customers. Its core revenue stream is customer contracts for aluminum sheet (often engineered for specific performance requirements)...
Granges AB Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
74
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.63B | 28.36B | 23.50B | 22.52B | 24.49B | 18.13B |
| Gross Profit | 7.32B | 2.95B | 8.02B | 7.28B | 6.72B | 5.34B |
| EBITDA | 2.86B | 2.44B | 2.37B | 2.39B | 1.88B | 1.47B |
| Net Income | 1.35B | 1.01B | 1.01B | 1.01B | 700.00M | 595.00M |
Balance Sheet | ||||||
| Total Assets | 24.60B | 20.63B | 21.40B | 16.69B | 17.53B | 15.77B |
| Cash, Cash Equivalents and Short-Term Investments | 847.00M | 547.00M | 850.00M | 461.00M | 879.00M | 809.00M |
| Total Debt | 6.08B | 4.89B | 5.48B | 3.46B | 5.06B | 4.11B |
| Total Liabilities | 12.73B | 10.38B | 10.56B | 7.88B | 9.32B | 8.84B |
| Stockholders Equity | 11.21B | 9.71B | 10.24B | 8.81B | 8.20B | 6.93B |
Cash Flow | ||||||
| Free Cash Flow | -518.00M | 307.00M | -836.00M | 2.07B | 109.00M | 152.00M |
| Operating Cash Flow | 122.00M | 1.08B | 489.00M | 3.29B | 1.10B | 988.00M |
| Investing Cash Flow | -640.00M | -772.00M | -2.08B | -1.45B | -993.00M | -926.00M |
| Financing Cash Flow | 623.00M | -488.00M | 1.91B | -2.25B | -86.00M | -793.00M |
Granges AB Technical Analysis
Neutral
163.30
Price Trends
175.64
Negative
176.98
Negative
168.99
Positive
Market Momentum
-1.42
Positive
47.06
Neutral
24.04
Neutral
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 176.37, below the 50-day MA of 175.64, and below the 200-day MA of 168.99, indicating a neutral trend. The MACD of -1.42 indicates Positive momentum. The RSI at 47.06 is Neutral, neither overbought nor oversold. The STOCH value of 24.04 is Neutral, 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 |
|---|---|---|---|---|---|---|---|
68 Neutral | kr31.86B | 17.62 | 12.33% | 4.54% | -0.82% | -7.46% | |
66 Neutral | kr20.78B | 16.71 | 16.03% | 4.31% | 1.57% | 17.91% | |
62 Neutral | kr23.48B | 22.72 | ― | 2.67% | -5.24% | 5.48% | |
60 Neutral | kr9.95B | 21.26 | 6.36% | 4.23% | -2.67% | -13.35% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | kr18.47B | 13.69 | 12.89% | 1.90% | 26.72% | 42.01% | |
47 Neutral | kr6.40B | -1.53 | ― | 2.50% | -6.37% | -817.57% |
* General Sector Average
SE:GRNG
Granges AB
172.50
35.30
25.73%
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SE:ALLEI
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14.19%
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.