Grenke AG (CHIX:GLJD) Tax Expense: €24 Mil (TTM As of Mar. 2026)


CHIX:GLJD Grenke AG CHIX:GLJD
57 GF Score
Price €12.31
GF Value €21.43
Valuation Possible Value Trap
! 3 Warning Signs
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What is Grenke AG Tax Expense?

Grenke AG CHIX:GLJD 57 Tax Expense is €24 Mil as of Mar. 2026. GuruFocus rates CHIX:GLJD with a GF Score™ of 57/100 and a GF Value™ of €21.43 (Possible Value Trap). The stock has 3 warning signs investors should review.

Grenke AG's tax expense for the months ended in Mar. 2026 was €5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was €24 Mil.


Grenke AG  (CHIX:GLJd) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Grenke AG Tax Expense Related Terms


Grenke AG Tax Expense Historical Data

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The historical data trend for Grenke AG's Tax Expense 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.

Grenke AG Tax Expense Chart

Grenke AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.32 26.85 23.69 19.24 21.66

Grenke AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 3.00 4.39 7.18 7.09 5.12
CHIX:GLJD
57GF Score
Grenke AG CHIX:GLJD
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Grenke AG Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €24 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of €24 Mil mean?
Grenke AG (CHIX:GLJD) has a Tax Expense of €24 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Grenke AG and its competitors.
Is Grenke AG's Tax Expense too high?
Grenke AG's current Tax Expense is €24 Mil. 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 Tax Expense compare to V and MA?
Grenke AG's Tax Expense of €24 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Credit Services company?
A good Tax Expense depends on the Credit Services industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Grenke AG and its competitors. Grenke AG's current Tax Expense is €24 Mil. 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 €21.43, compared to a current price of €12.31 — trading 42.6% below its estimated fair value. The current Tax Expense is €24 Mil. 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Grenke AG (CHIX:GLJD), the current Tax Expense is €24 Mil 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 42.6% below its estimated GF Value™ of €21.43. GuruFocus considers Grenke AG to be Possible Value Trap.

Key valuation signals for CHIX:GLJD:

  • Tax Expense: €24 Mil
  • GF Value™: €21.43 vs. price of €12.31 (42.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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 Business Description

Address Neuer Markt 2, Baden-Baden, DEU, 76532
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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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.31
Price
€21.43
GF Value