Summary
This prediction ended on 06.10.20 with a price of €42.52. The prediction closed with a disappointing performance of 24.40%. Traumtanz has 50% into this predictionGrenke is a publicly-listed German company that provides leasing and financing services to small and medium-sized businesses across Europe, North America, and Asia-Pacific. The company operates in three main segments: leasing, banking, and factoring, providing customized financial solutions to its customers. Grenke has a strong online presence and uses technology to automate its credit approvals, making it easier and faster for its customers to obtain financing. The company has achieved significant growth in recent years, with a strong financial performance and expanding global footprint. However, Grenke has faced some controversy and scrutiny over its accounting practices, leading to a decline in its stock price in 2020.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Grenke AG | -2.609% | -2.609% | -28.889% | -32.489% |
| iShares Core DAX® | -1.670% | -1.001% | 10.864% | 12.563% |
| iShares Nasdaq 100 | -4.184% | -1.145% | 37.458% | 41.078% |
| iShares Nikkei 225® | -4.967% | -5.783% | 18.828% | 0.655% |
| iShares S&P 500 | -2.834% | -0.572% | 25.875% | 39.960% |
According to Traumtanz what are the pros and cons of Grenke AG for the foreseeable future?
Pros
Cons
Risky Investment
EBIT decline/stagnation expected
Lower EBIT Margin than peer group
High valuation
Higher risks for its business
