Grenke AGCHIX:GLJD 57 Return-on-Tangible-Equity is 4.68% as of Mar. 2026, which is 44% below its 10-year median of 8.34. GuruFocus rates CHIX:GLJD with a GF Score™ of 57/100 and a GF Value™ of €21.40 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 525 Credit Services companies, Grenke AG ranks worse than 53.71% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Grenke AG's annualized net income for the quarter that ended in Mar. 2026 was €56 Mil. Grenke AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €1,199 Mil. Therefore, Grenke AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.68%.
The historical rank and industry rank for Grenke AG's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:GLJd'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.58 Med: 8.34 Max: 19.31
Current: 5.87
During the past 13 years, Grenke AG's highest Return-on-Tangible-Equity was 19.31%. The lowest was 5.58%. And the median was 8.34%.
CHIX:GLJd's Return-on-Tangible-Equity is ranked worse than 53.71% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs CHIX:GLJd: 5.87
Grenke AG (CHIX:GLJd) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Grenke AG Return-on-Tangible-Equity Related Terms
Grenke AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Grenke AG's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:GLJD vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Grenke AG's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Grenke AG Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Grenke AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grenke AG's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.68% mean?
Grenke AG (CHIX:GLJD) has a Return-on-Tangible-Equity of 4.68% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grenke AG and its competitors. This is 44% below median its historical median of 8.34. Over the past decade, Grenke AG's Return-on-Tangible-Equity has ranged from 5.58 to 19.31. According to the industry distribution chart, Grenke AG ranks #282 out of 525 companies in the Credit Services industry, placing it in the top 53.7%.
Is Grenke AG's Return-on-Tangible-Equity too high?
Grenke AG's current Return-on-Tangible-Equity of 4.68% is 44% below median its 10-year median of 8.34. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 19.31. The Credit Services industry median Return-on-Tangible-Equity is 7.01. Grenke AG's value of 4.68% is 33.2% below this industry median. Based on the distribution chart, Grenke AG ranks #282 out of 525 companies in the Credit Services industry, which is below the industry midpoint. Overall, Grenke AG has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grenke AG's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Grenke AG ranks #282 out of 525 companies for Return-on-Tangible-Equity. This places Grenke AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Grenke AG's value of 4.68% is 33.2% below this benchmark. Historically, Grenke AG's own Return-on-Tangible-Equity has ranged from 5.58 to 19.31 over the past decade. While the company's 10-year median is 8.34 vs. the industry median of 7.01, Grenke AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.01, based on 525 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grenke AG's current Return-on-Tangible-Equity of 4.68% is 33.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grenke AG and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grenke AG's current Return-on-Tangible-Equity is 4.68%, which is 44% below median its own 10-year median of 8.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grenke AG stock overvalued right now?
Based on GuruFocus' analysis, Grenke AG (CHIX:GLJD) is currently considered Possible Value Trap. The stock's GF Value™ is €21.40, compared to a current price of €12.31 — trading 42.5% below its estimated fair value. The current Return-on-Tangible-Equity is 4.68%, which is 44% below median its 10-year median of 8.34 and 33.2% below the Credit Services industry median of 7.01. Grenke AG's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Grenke AG (CHIX:GLJD), the current Return-on-Tangible-Equity is 4.68% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Grenke AG (CHIX:GLJD) Overvalued in 2026?
Based on GuruFocus' analysis, Grenke AG stock appears to be undervalued.
The current stock price of €12.31 is trading 42.5% below its estimated GF Value™ of €21.40.
GuruFocus considers Grenke AG to be Possible Value Trap.
Key valuation signals for CHIX:GLJD:
Return-on-Tangible-Equity: 4.68% (44% below median its 10-year median of 8.34)
GF Value™: €21.40 vs. price of €12.31 (42.5% below fair value)
Industry Position: 33.2% below the Credit Services median (#282 of 525)
No single metric tells the full story. See the CHIX:GLJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. The company's reporting segments include: The Leasing segment, which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring.
57GF Score
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