Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It is involved in the financing for commercial lessees; leasing, services, protection, and maintenance offers, as well as small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, and other peripheral devices. The company also offers leasing portfolio that includes office communication products comprising telecommunications and copying equipment, as well as medical technology products, small machines and equipment, security devices, and green economy objects, including wall boxes, photovoltaic systems, and eBikes. In addition, it provides fixed-term deposits for private and commercial customers through its website and online platforms; microloans and start-up financing, as well as development loans to SMEs and self-employed professionals; and small-ticket factoring services. The company was formerly known as GrenkeLeasing AG and changed its name to Grenke AG in May 2016. Grenke AG was founded in 1978 and is headquartered in Baden-Baden, Germany.
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5 years, 5 months ago
Grenke AG is currently in a long term downtrend where the price is trading 0.0% below its 200 day moving average.
From a valuation standpoint, the stock is 95.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.2.
Grenke AG's total revenue rose by 0.6% to $150M since the same quarter in the previous year.
Its net income has dropped by 49.0% to $18M since the same quarter in the previous year.
Finally, its free cash flow fell by 331.2% to $-250M since the same quarter in the previous year.
Based on the above factors, Grenke AG gets an overall score of 2/5.