Granges AB (CHIX:GRNGS) ROE %: 12.68% (As of Mar. 2026) — 13% Above Median


CHIX:GRNGS Granges AB CHIX:GRNGS
93 GF Score
Price kr186.40
GF Value kr163.33
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Granges AB ROE %?

Granges AB CHIX:GRNGS 93 ROE % is 12.68% as of Mar. 2026, which is 13% above its 10-year median of 11.26. GuruFocus rates CHIX:GRNGS with a GF Score™ of 93/100 and a GF Value™ of kr163.33 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,389 Metals & Mining companies, Granges AB ranks better than 82.92% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Granges AB's annualized net income for the quarter that ended in Mar. 2026 was kr1,264 Mil. Granges AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr9,970 Mil. Therefore, Granges AB's annualized ROE % for the quarter that ended in Mar. 2026 was 12.68%.

The historical rank and industry rank for Granges AB's ROE % or its related term are showing as below:

CHIX:GRNGs' s ROE % Range Over the Past 10 Years
Min: 7.06   Med: 11.26   Max: 20.81
Current: 11.05

During the past 13 years, Granges AB's highest ROE % was 20.81%. The lowest was 7.06%. And the median was 11.26%.

CHIX:GRNGs's ROE % is ranked better than
82.92% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.16 vs CHIX:GRNGs: 11.05

Granges AB  (CHIX:GRNGs) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1264/9969.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1264 / 32948)*(32948 / 21761)*(21761 / 9969.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.84 %*1.5141*2.1828
=ROA %*Equity Multiplier
=5.81 %*2.1828
=12.68 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1264/9969.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1264 / 1584) * (1584 / 1836) * (1836 / 32948) * (32948 / 21761) * (21761 / 9969.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.798 * 0.8627 * 5.57 % * 1.5141 * 2.1828
=12.68 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Granges AB ROE % Related Terms


Granges AB ROE % Historical Data

* Premium members only.

The historical data trend for Granges AB's ROE % 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.

Granges AB ROE % Chart

Granges AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.23 9.25 11.87 10.64 10.17

Granges AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.90 11.47 10.11 10.18 12.68

CHIX:GRNGS vs AA: ROE % Comparison

For the Aluminum subindustry, Granges AB's ROE %, along with its competitors' market caps and ROE % 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.


Granges AB ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Granges AB's ROE % distribution charts can be found below:

* The bar in red indicates where Granges AB's ROE % falls into.


CHIX:GRNGS
93GF Score
Granges AB CHIX:GRNGS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granges AB ROE % Calculation

Granges AB's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1015/( (10242+9710)/ 2 )
=1015/9976
=10.17 %

Granges AB's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1264/( (9710+10229)/ 2 )
=1264/9969.5
=12.68 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.68% mean?
Granges AB (CHIX:GRNGS) has a ROE % of 12.68% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Granges AB and its competitors. This is 13% above median its historical median of 11.26. Over the past decade, Granges AB's ROE % has ranged from 7.06 to 20.81. According to the industry distribution chart, Granges AB ranks #408 out of 2389 companies in the Metals & Mining industry, placing it in the top 17.1%.
Is Granges AB's ROE % too high?
Granges AB's current ROE % of 12.68% is 13% above median its 10-year median of 11.26. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 20.81. Based on the distribution chart, Granges AB ranks #408 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Granges AB has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granges AB's ROE % compare to AA?
According to the Metals & Mining industry distribution chart, Granges AB ranks #408 out of 2389 companies for ROE %. This places Granges AB in the top 17% of its industry — outperforming the majority of peers. Historically, Granges AB's own ROE % has ranged from 7.06 to 20.81 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Granges AB and its competitors. Granges AB's current ROE % is 12.68%, which is 13% above median its own 10-year median of 11.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granges AB stock overvalued right now?
Based on GuruFocus' analysis, Granges AB (CHIX:GRNGS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr163.33, compared to a current price of kr186.40 — trading 14.1% above its estimated fair value. The current ROE % is 12.68%, which is 13% above median its 10-year median of 11.26. Granges AB's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Granges AB (CHIX:GRNGS), the current ROE % is 12.68% 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 Granges AB (CHIX:GRNGS) Overvalued in 2026?

Based on GuruFocus' analysis, Granges AB stock appears to be overvalued. The current stock price of kr186.40 is trading 14.1% above its estimated GF Value™ of kr163.33. GuruFocus considers Granges AB to be Modestly Overvalued.

Key valuation signals for CHIX:GRNGS:

  • ROE %: 12.68% (13% above median its 10-year median of 11.26)
  • GF Value™: kr163.33 vs. price of kr186.40 (14.1% above fair value)
  • GF Score™: 93/100 with 5 warning signs

No single metric tells the full story. See the CHIX:GRNGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Granges AB Business Description

Address Linnegatan 18, Box 5505, Stockholm, SWE, 114 47
Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It offers products in heat exchanger applications, specialty packaging, and new rolled product niches. Some of the products offered by the company include clad tubes, mechanically bonded copper tubes, brazed aluminum heat exchangers, aluminum packaging products, cathode foil materials, battery cooling aluminum plates, and aluminum powder materials, among others. These products find their applications in automotive, electrification and battery, specialty packaging, industrial, heating, ventilation and air conditioning, and other industries. The company's operating segments are Granges Americas, Granges Asia, and Granges Europe. Maximum revenue is derived from the Granges Americas segment.
93GF Score

Get the complete analysis for CHIX:GRNGS

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr186.40
Price
kr163.33
GF Value