GRNG.ST
Price:
$127.3
Market Cap:
$13.53B
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 clad plates. It serves various markets, including automotive; heating, ventilation, and air conditioning; specialty packaging; battery; and transformers, heat exchangers, and wind turbines. The company was founded in 1896 and is headquartered in Stockholm, Sweden.
Industry
Aluminum
IPO Date
2014-10-10
Stock Exchange
STO
Ticker
GRNG.ST
According to Gränges AB (publ)’s latest financial reports and current stock price. The company's current ROE is 10.56%. This represents a change of 296.61% compared to the average of 2.66% of the last 4 quarters.
The mean historical ROE of Gränges AB (publ) over the last ten years is 12.79%. The current 10.56% ROE has changed -17.49% with respect to the historical average. Over the past ten years (40 quarters), GRNG.ST's ROE was at its highest in in the September 2016 quarter at 6.97%. The ROE was at its lowest in in the December 2021 quarter at -0.33%.
Average
12.79%
Median
12.69%
Minimum
6.08%
Maximum
19.62%
Discovering the peaks and valleys of Gränges AB (publ) ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 41.16%
Maximum Annual ROE = 19.62%
Minimum Annual Increase = -56.27%
Minimum Annual ROE = 6.08%
Year | ROE | Change |
---|---|---|
2024 | 9.89% | -13.74% |
2023 | 11.47% | 34.38% |
2022 | 8.53% | -0.62% |
2021 | 8.59% | 41.16% |
2020 | 6.08% | -56.27% |
2019 | 13.91% | -21.71% |
2018 | 17.76% | -9.46% |
2017 | 19.62% | 15.91% |
2016 | 16.93% | 11.66% |
2015 | 15.16% | 1.56% |
The current ROE of Gränges AB (publ) (GRNG.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.96%
5-year avg
8.91%
10-year avg
12.79%
Gränges AB (publ)’s ROE is less than Inwido AB (publ) (10.31%), less than Peab AB (publ) (13.31%), less than Meko AB (publ) (6.78%), less than Bilia AB (publ) (13.63%), less than Lindab International AB (publ) (4.69%),
Company | ROE | Market cap |
---|---|---|
10.31% | $10.90B | |
13.31% | $22.54B | |
6.78% | $6.10B | |
13.63% | $11.87B | |
4.69% | $15.33B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Gränges AB (publ) using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Gränges AB (publ) or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Gränges AB (publ)'s ROE?
How is the ROE calculated for Gränges AB (publ) (GRNG.ST)?
What is the highest ROE for Gränges AB (publ) (GRNG.ST)?
What is the 3-year average ROE for Gränges AB (publ) (GRNG.ST)?
What is the 5-year average ROE for Gränges AB (publ) (GRNG.ST)?
How does the current ROE for Gränges AB (publ) (GRNG.ST) compare to its historical average?