GRENKE AG (GLJ.DE) Stock Fundamental Analysis
FRA:GLJ - Deutsche Boerse Ag - DE000A161N30 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to GLJ. GLJ was compared to 47 industry peers in the Financial Services industry. GLJ may be in some trouble as it scores bad on both profitability and health. GLJ may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year GLJ was profitable.
GLJ had a positive operating cash flow in the past year.
In the past 5 years GLJ has always been profitable.
In multiple years GLJ reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of GLJ (0.80%) is worse than 63.83% of its industry peers.
GLJ has a Return On Equity (4.87%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 1.56%, GLJ is not doing good in the industry: 61.70% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for GLJ is significantly below the industry average of 10.12%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 4.87% | ||
| ROIC | 1.56% |
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
GLJ has a Profit Margin of 8.25%. This is comparable to the rest of the industry: GLJ outperforms 46.81% of its industry peers.
In the last couple of years the Profit Margin of GLJ has declined.
GLJ has a Operating Margin of 11.90%. This is comparable to the rest of the industry: GLJ outperforms 55.32% of its industry peers.
GLJ's Operating Margin has declined in the last couple of years.
The Gross Margin of GLJ (72.58%) is better than 68.09% of its industry peers.
GLJ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.9% | ||
| PM (TTM) | 8.25% | ||
| GM | 72.58% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GLJ is still creating some value.
GLJ has less shares outstanding than it did 1 year ago.
The number of shares outstanding for GLJ has been reduced compared to 5 years ago.
GLJ has a worse debt/assets ratio than last year.
2.2 Solvency
GLJ has an Altman-Z score of 0.41. This is a bad value and indicates that GLJ is not financially healthy and even has some risk of bankruptcy.
GLJ has a Altman-Z score of 0.41. This is in the lower half of the industry: GLJ underperforms 72.34% of its industry peers.
The Debt to FCF ratio of GLJ is 16.99, which is on the high side as it means it would take GLJ, 16.99 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GLJ (16.99) is worse than 63.83% of its industry peers.
GLJ has a Debt/Equity ratio of 2.49. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.49, GLJ is not doing good in the industry: 72.34% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.49 | ||
| Debt/FCF | 16.99 | ||
| Altman-Z | 0.41 |
ROIC/WACC0.82
WACC1.91%
2.3 Liquidity
A Current Ratio of 1.15 indicates that GLJ should not have too much problems paying its short term obligations.
GLJ has a Current ratio (1.15) which is comparable to the rest of the industry.
A Quick Ratio of 1.15 indicates that GLJ should not have too much problems paying its short term obligations.
GLJ's Quick ratio of 1.15 is in line compared to the rest of the industry. GLJ outperforms 59.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
GLJ shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.07%.
Measured over the past years, GLJ shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.49% on average per year.
The Revenue has grown by 22.27% in the past year. This is a very strong growth!
The Revenue has been growing by 12.36% on average over the past years. This is quite good.
EPS 1Y (TTM)-0.07%
EPS 3Y8.44%
EPS 5Y14.49%
EPS Q2Q%-34.87%
Revenue 1Y (TTM)22.27%
Revenue growth 3Y12.89%
Revenue growth 5Y12.36%
Sales Q2Q%39.82%
3.2 Future
The Earnings Per Share is expected to decrease by -12.48% on average over the next years. This is quite bad
Based on estimates for the next years, GLJ will show a small growth in Revenue. The Revenue will grow by 2.08% on average per year.
EPS Next Y-55.59%
EPS Next 2Y-17.88%
EPS Next 3Y-17.33%
EPS Next 5Y-12.48%
Revenue Next Year5.26%
Revenue Next 2Y0.95%
Revenue Next 3Y0.28%
Revenue Next 5Y2.08%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.63, the valuation of GLJ can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of GLJ indicates a rather cheap valuation: GLJ is cheaper than 87.23% of the companies listed in the same industry.
GLJ's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.12.
With a Price/Forward Earnings ratio of 6.87, the valuation of GLJ can be described as very cheap.
91.49% of the companies in the same industry are more expensive than GLJ, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of GLJ to the average of the S&P500 Index (20.42), we can say GLJ is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.63 | ||
| Fwd PE | 6.87 |
4.2 Price Multiples
GLJ's Enterprise Value to EBITDA is on the same level as the industry average.
GLJ's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GLJ is cheaper than 93.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.63 | ||
| EV/EBITDA | 48.59 |
4.3 Compensation for Growth
A cheap valuation may be justified as GLJ's earnings are expected to decrease with -17.33% in the coming years.
PEG (NY)N/A
PEG (5Y)0.32
EPS Next 2Y-17.88%
EPS Next 3Y-17.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.98%, GLJ has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.05, GLJ pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, GLJ pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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
33.05% of the earnings are spent on dividend by GLJ. This is a low number and sustainable payout ratio.
GLJ's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP33.05%
EPS Next 2Y-17.88%
EPS Next 3Y-17.33%
FRA:GLJ (5/8/2025, 7:00:00 PM)
13.52
-0.32 (-2.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners25.59%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap628.68M
Analysts74
Price Target21 (55.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
Yearly Dividend0.48
Dividend Growth(5Y)-9.82%
DP33.05%
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)-9.39%
PT rev (3m)-16.72%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.52%
EPS NY rev (3m)-18.1%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.63 | ||
| Fwd PE | 6.87 | ||
| P/S | 0.79 | ||
| P/FCF | 1.63 | ||
| P/OCF | 1.6 | ||
| P/B | 0.47 | ||
| P/tB | 0.48 | ||
| EV/EBITDA | 48.59 |
EPS(TTM)2.92
EY21.6%
EPS(NY)1.97
Fwd EY14.57%
FCF(TTM)8.29
FCFY61.3%
OCF(TTM)8.47
OCFY62.67%
SpS17.07
BVpS28.88
TBVpS28.02
PEG (NY)N/A
PEG (5Y)0.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 4.87% | ||
| ROCE | 1.99% | ||
| ROIC | 1.56% | ||
| ROICexc | 2.02% | ||
| ROICexgc | 2.04% | ||
| OM | 11.9% | ||
| PM (TTM) | 8.25% | ||
| GM | 72.58% | ||
| FCFM | 48.56% |
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 | 2.49 | ||
| Debt/FCF | 16.99 | ||
| Debt/EBITDA | 26.98 | ||
| Cap/Depr | 29.24% | ||
| Cap/Sales | 1.08% | ||
| Interest Coverage | 2.03 | ||
| Cash Conversion | 318.31% | ||
| Profit Quality | 588.86% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 0.41 |
F-Score6
WACC1.91%
ROIC/WACC0.82
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)-0.07%
EPS 3Y8.44%
EPS 5Y14.49%
EPS Q2Q%-34.87%
EPS Next Y-55.59%
EPS Next 2Y-17.88%
EPS Next 3Y-17.33%
EPS Next 5Y-12.48%
Revenue 1Y (TTM)22.27%
Revenue growth 3Y12.89%
Revenue growth 5Y12.36%
Sales Q2Q%39.82%
Revenue Next Year5.26%
Revenue Next 2Y0.95%
Revenue Next 3Y0.28%
Revenue Next 5Y2.08%
EBIT growth 1Y-14.4%
EBIT growth 3Y-4.55%
EBIT growth 5Y-10.69%
EBIT Next Year42.33%
EBIT Next 3Y29.56%
EBIT Next 5YN/A
FCF growth 1Y19.6%
FCF growth 3YN/A
FCF growth 5Y32.88%
OCF growth 1Y19.65%
OCF growth 3YN/A
OCF growth 5Y27.82%