GRENKE AG (GLJ.DE) Stock Fundamental Analysis
FRA:GLJ - Deutsche Boerse Ag - DE000A161N30 - Common Stock - Currency: EUR
Taking everything into account, GLJ scores 4 out of 10 in our fundamental rating. GLJ was compared to 51 industry peers in the Financial Services industry. GLJ has a bad profitability rating. Also its financial health evaluation is rather negative. GLJ has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
GLJ had positive earnings in the past year.
GLJ had a positive operating cash flow in the past year.
Each year in the past 5 years GLJ has been profitable.
In multiple years GLJ reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.65%, GLJ is doing worse than 66.67% of the companies in the same industry.
GLJ has a Return On Equity of 4.01%. This is comparable to the rest of the industry: GLJ outperforms 43.14% of its industry peers.
With a Return On Invested Capital value of 1.35%, GLJ is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
GLJ had an Average Return On Invested Capital over the past 3 years of 1.98%. This is significantly below the industry average of 11.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.65% | ||
| ROE | 4.01% | ||
| ROIC | 1.35% |
ROA(3y)1.08%
ROA(5y)1.15%
ROE(3y)5.64%
ROE(5y)6.19%
ROIC(3y)1.98%
ROIC(5y)2.03%
1.3 Margins
Looking at the Profit Margin, with a value of 6.55%, GLJ is doing worse than 60.78% of the companies in the same industry.
In the last couple of years the Profit Margin of GLJ has declined.
GLJ has a Operating Margin (10.07%) which is comparable to the rest of the industry.
GLJ's Operating Margin has declined in the last couple of years.
GLJ's Gross Margin of 72.09% is fine compared to the rest of the industry. GLJ outperforms 64.71% of its industry peers.
In the last couple of years the Gross Margin of GLJ has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.07% | ||
| PM (TTM) | 6.55% | ||
| GM | 72.09% |
OM growth 3Y-13.99%
OM growth 5Y-15.56%
PM growth 3Y-19.02%
PM growth 5Y-18.08%
GM growth 3Y-6.92%
GM growth 5Y-4.32%
2. Health
2.1 Basic Checks
GLJ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, GLJ has less shares outstanding
GLJ has less shares outstanding than it did 5 years ago.
GLJ has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.36, we must say that GLJ is in the distress zone and has some risk of bankruptcy.
GLJ has a Altman-Z score of 0.36. This is in the lower half of the industry: GLJ underperforms 74.51% of its industry peers.
GLJ has a debt to FCF ratio of 19.30. This is a negative value and a sign of low solvency as GLJ would need 19.30 years to pay back of all of its debts.
With a Debt to FCF ratio value of 19.30, GLJ is not doing good in the industry: 62.75% of the companies in the same industry are doing better.
A Debt/Equity ratio of 2.52 is on the high side and indicates that GLJ has dependencies on debt financing.
The Debt to Equity ratio of GLJ (2.52) is worse than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.52 | ||
| Debt/FCF | 19.3 | ||
| Altman-Z | 0.36 |
ROIC/WACC0.61
WACC2.22%
2.3 Liquidity
GLJ has a Current Ratio of 1.03. This is a normal value and indicates that GLJ is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of GLJ (1.03) is worse than 60.78% of its industry peers.
A Quick Ratio of 1.03 indicates that GLJ should not have too much problems paying its short term obligations.
The Quick ratio of GLJ (1.03) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
GLJ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.21%.
Measured over the past years, GLJ shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.02% on average per year.
The Revenue has grown by 22.48% in the past year. This is a very strong growth!
Measured over the past years, GLJ shows a small growth in Revenue. The Revenue has been growing by 5.76% on average per year.
EPS 1Y (TTM)-34.21%
EPS 3Y-9.44%
EPS 5Y-13.02%
EPS Q2Q%-106.99%
Revenue 1Y (TTM)22.48%
Revenue growth 3Y10.98%
Revenue growth 5Y5.76%
Sales Q2Q%20.11%
3.2 Future
GLJ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.61% yearly.
The Revenue is expected to grow by 13.73% on average over the next years. This is quite good.
EPS Next Y12.95%
EPS Next 2Y22.27%
EPS Next 3Y23.61%
EPS Next 5YN/A
Revenue Next Year18.33%
Revenue Next 2Y15.67%
Revenue Next 3Y13.73%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.53, the valuation of GLJ can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of GLJ is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.30, GLJ is valued a bit cheaper.
The Price/Forward Earnings ratio is 7.78, which indicates a rather cheap valuation of GLJ.
GLJ's Price/Forward Earnings ratio is rather cheap when compared to the industry. GLJ is cheaper than 82.35% of the companies in the same industry.
GLJ is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 7.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLJ indicates a slightly more expensive valuation: GLJ is more expensive than 64.71% of the companies listed in the same industry.
96.08% of the companies in the same industry are more expensive than GLJ, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.38 | ||
| EV/EBITDA | 56.26 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
GLJ's earnings are expected to grow with 23.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.12
PEG (5Y)N/A
EPS Next 2Y22.27%
EPS Next 3Y23.61%
5. Dividend
5.1 Amount
GLJ has a Yearly Dividend Yield of 2.40%. Purely for dividend investing, there may be better candidates out there.
GLJ's Dividend Yield is a higher than the industry average which is at 3.51.
Compared to an average S&P500 Dividend Yield of 2.37, GLJ has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
The dividend of GLJ decreases each year by -9.82%.
Dividend Growth(5Y)-9.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
GLJ pays out 39.81% of its income as dividend. This is a sustainable payout ratio.
DP39.81%
EPS Next 2Y22.27%
EPS Next 3Y23.61%
FRA:GLJ (7/11/2025, 7:00:00 PM)
17.44
-0.56 (-3.11%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners20.4%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap810.96M
Analysts76
Price Target20.3 (16.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
Yearly Dividend0.48
Dividend Growth(5Y)-9.82%
DP39.81%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.32%
PT rev (3m)-6.21%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 7.78 | ||
| P/S | 0.98 | ||
| P/FCF | 2.38 | ||
| P/OCF | 2.31 | ||
| P/B | 0.6 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 56.26 |
EPS(TTM)1.2
EY6.88%
EPS(NY)2.24
Fwd EY12.85%
FCF(TTM)7.33
FCFY42.01%
OCF(TTM)7.54
OCFY43.24%
SpS17.84
BVpS29.14
TBVpS28.28
PEG (NY)1.12
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.65% | ||
| ROE | 4.01% | ||
| ROCE | 1.72% | ||
| ROIC | 1.35% | ||
| ROICexc | 1.71% | ||
| ROICexgc | 1.73% | ||
| OM | 10.07% | ||
| PM (TTM) | 6.55% | ||
| GM | 72.09% | ||
| FCFM | 41.06% |
ROA(3y)1.08%
ROA(5y)1.15%
ROE(3y)5.64%
ROE(5y)6.19%
ROIC(3y)1.98%
ROIC(5y)2.03%
ROICexc(3y)2.33%
ROICexc(5y)2.58%
ROICexgc(3y)2.35%
ROICexgc(5y)2.62%
ROCE(3y)2.52%
ROCE(5y)2.59%
ROICexcg growth 3Y-6.98%
ROICexcg growth 5Y-8.43%
ROICexc growth 3Y-6.77%
ROICexc growth 5Y-8.32%
OM growth 3Y-13.99%
OM growth 5Y-15.56%
PM growth 3Y-19.02%
PM growth 5Y-18.08%
GM growth 3Y-6.92%
GM growth 5Y-4.32%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.52 | ||
| Debt/FCF | 19.3 | ||
| Debt/EBITDA | 30.34 | ||
| Cap/Depr | 34.27% | ||
| Cap/Sales | 1.2% | ||
| Interest Coverage | 1.65 | ||
| Cash Conversion | 311.52% | ||
| Profit Quality | 627.07% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 0.36 |
F-Score6
WACC2.22%
ROIC/WACC0.61
Cap/Depr(3y)26.84%
Cap/Depr(5y)32.6%
Cap/Sales(3y)1.19%
Cap/Sales(5y)1.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.21%
EPS 3Y-9.44%
EPS 5Y-13.02%
EPS Q2Q%-106.99%
EPS Next Y12.95%
EPS Next 2Y22.27%
EPS Next 3Y23.61%
EPS Next 5YN/A
Revenue 1Y (TTM)22.48%
Revenue growth 3Y10.98%
Revenue growth 5Y5.76%
Sales Q2Q%20.11%
Revenue Next Year18.33%
Revenue Next 2Y15.67%
Revenue Next 3Y13.73%
Revenue Next 5YN/A
EBIT growth 1Y-24.93%
EBIT growth 3Y-4.55%
EBIT growth 5Y-10.69%
EBIT Next Year28.04%
EBIT Next 3Y28.46%
EBIT Next 5YN/A
FCF growth 1Y140.53%
FCF growth 3YN/A
FCF growth 5Y32.88%
OCF growth 1Y133.7%
OCF growth 3YN/A
OCF growth 5Y27.82%