Granges AB (FRA:9GR) Total Operating Expense: €614 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:9GR Granges AB FRA:9GR
94 GF Score
Price €15.13
GF Value €13.95
! 4 Warning Signs
View Full Analysis

What is Granges AB Total Operating Expense?

Granges AB FRA:9GR +1.07% 94 Total Operating Expense is €614 Mil as of Mar. 2026. GuruFocus rates FRA:9GR with a GF Score™ of 94/100 and a GF Value™ of €13.95. The stock has 4 warning signs investors should review.

Granges AB's Total Operating Expense for the three months ended in Mar. 2026 was €159 Mil. Granges AB's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €614 Mil.


Granges AB Total Operating Expense Related Terms


Granges AB Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Granges AB's Total Operating 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.

Granges AB Total Operating Expense Chart

Granges AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 419.15 497.11 509.39 518.06 574.23

Granges AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating 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 160.12 144.83 150.53 159.34 159.13
FRA:9GR
94GF Score
Granges AB FRA:9GR
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granges AB Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating 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 €614 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.

What does a Total Operating Expense of €614 Mil mean?
Granges AB (FRA:9GR) has a Total Operating Expense of €614 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Granges AB and its competitors.
Is Granges AB's Total Operating Expense too high?
Granges AB's current Total Operating Expense is €614 Mil. Overall, Granges AB has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Granges AB's Total Operating Expense compare to AA?
Granges AB's Total Operating Expense of €614 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Metals & Mining company?
A good Total Operating Expense depends on the Metals & Mining industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Granges AB and its competitors. Granges AB's current Total Operating Expense is €614 Mil. 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?
Granges AB (FRA:9GR) has a current Total Operating Expense of €614 Mil. The stock's GF Value™ is €13.95, compared to a current price of €15.13 — trading 8.5% above its estimated fair value. The current Total Operating Expense is €614 Mil. Granges AB's overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Granges AB (FRA:9GR), the current Total Operating Expense is €614 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 Granges AB (FRA:9GR) Overvalued in 2026?

Based on GuruFocus' analysis, Granges AB stock appears to be overvalued. The current stock price of €15.13 is trading 8.5% above its estimated GF Value™ of €13.95.

Key valuation signals for FRA:9GR:

  • Total Operating Expense: €614 Mil
  • GF Value™: €13.95 vs. price of €15.13 (8.5% above fair value)
  • GF Score™: 94/100 with 4 warning signs

No single metric tells the full story. See the FRA:9GR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Granges AB Business Description

Other Exchanges GRNG:SwedenGRNGs:UK0R9X:UK
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.
94GF Score

Get the complete analysis for FRA:9GR

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

€15.13
Price
€13.95
GF Value