Grenke AG/€GLJ
1D1W1MYTD1Y5YMAX
Capital at risk
About Grenke AG
Grenke AG is a financial services company based in Baden-Baden, Germany, specializing in small-ticket leasing, primarily focusing on IT and office equipment. The company offers a range of financing options, including leasing, banking, and factoring services, which cater primarily to small and medium-sized enterprises (SMEs). Founded in 1978 by Wolfgang Grenke, the company has expanded its operations across Europe and other international markets, establishing a significant presence in more than 30 countries. Grenke’s strategic competitive strength lies in its extensive distribution network and expertise in servicing SMEs, offering flexible financial solutions tailored to their needs. The company’s focus on a niche market segment enables it to maintain a specialized approach within the competitive landscape of financial services.
- Ticker
- €GLJ
- Sector
- Finance
- Primary listing
- XETRA
- Employees
- 2,500
- Headquarters
- Baden-Baden, Germany
- Website
- www.grenke.com
Grenke AG Metrics
BasicAdvanced
€497M
8.35
€1.35
1.37
€0.42
3.73%
Price and volume
Market cap
€497M
Beta
1.37
52-week high
€18.08
52-week low
€10.92
Average daily volume
114K
Dividend rate
€0.42
Financial strength
Current ratio
2.125
Quick ratio
2.012
Long term debt to equity
2.546
Total debt to equity
3.575
Dividend payout ratio (TTM)
50.15%
Profitability
Gross margin (TTM)
83.12%
Net profit margin (TTM)
10.48%
Operating margin (TTM)
16.61%
Effective tax rate (TTM)
24.91%
Revenue per employee (TTM)
€280,000
Management effectiveness
Return on assets (TTM)
0.86%
Return on equity (TTM)
5.52%
Valuation
Price to earnings (TTM)
8.352
Price to revenue (TTM)
0.717
Price to book
0.37
Price to tangible book (TTM)
0.42
Price to free cash flow (TTM)
-1.344
Free cash flow yield (TTM)
-74.43%
Free cash flow per share (TTM)
-8.388
Dividend yield (TTM)
3.73%
Forward dividend yield
3.73%
Growth
Revenue change (TTM)
12.54%
Earnings per share change (TTM)
37.64%
3-year revenue growth (CAGR)
11.27%
10-year revenue growth (CAGR)
8.41%
3-year earnings per share growth (CAGR)
-8.62%
10-year earnings per share growth (CAGR)
-4.05%
3-year dividend per share growth (CAGR)
-2.27%
10-year dividend per share growth (CAGR)
-1.73%
Bulls say / Bears say
H1 2026 group earnings increased 24.8% year over year to EUR 32.6 million, supported by 11.0% operating-income growth and only 1.5% cost growth. (grenke H1 2026 results)
Operating leverage is becoming visible: the cost-income ratio improved sharply to 51.6% in H1 2026 from 56.4% a year earlier, which could support further earnings growth if revenue momentum persists. (grenke H1 2026 results)
Leasing demand remains resilient: H1 2026 new business reached EUR 1.645 billion, above the prior-year EUR 1.622 billion, while Fitch affirmed grenke at BBB/F2 with a stable outlook, supporting continued funding capacity. (grenke H1 2026 results; grenke debt capital and ratings)
Asset quality remains a key risk: the H1 2026 loss rate rose to 2.0% from 1.7% as insolvencies remained elevated across grenke’s markets, potentially limiting earnings conversion. (grenke H1 2026 results)
Funding costs and market access remain sensitive: Standard & Poor’s affirmed grenke’s BBB/A-2 rating in July 2026 but maintained a negative outlook, leaving downside risk if credit metrics or refinancing conditions deteriorate. (grenke debt capital and ratings)
Profitability is improving but still modest for a leasing financier: H1 2026 return on equity was only 4.6%, while full-year earnings guidance of EUR 74–86 million remains dependent on continued operating improvement and controlled credit losses. (grenke H1 2026 results)
Data summarised monthly by Lightyear AI. Last updated on 11 Sept 2026.
Upcoming events
No upcoming events
Funds containing Grenke AG
AllEURGBPUSD
Fund name | Fund size | €GLJ weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.02% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.02% |
Vanguard ESG Global All Cap€V3AA | €1.1B | 0.00% |
Vanguard ESG Global All Cap£V3AB | £905M | 0.00% |
iShares MSCI World Small Cap$WSML | $9B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.