Grendene Stock

Grendene ROE

The Return on Equity (ROE) of Grendene (GRND3.SA) as of Aug 12, 2026 is 20.44 %. In the previous year, Return on Equity (ROE) was 18.19 % — a change of 12.36% (higher).

ROE

20.44 %

YoY

12.36%

Last updated:

In 2026, Grendene's return on equity (ROE) was 20.44 %, a 12.36% increase from the 18.19 % ROE in the previous year.

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Grendene Stock analysis

What does Grendene do? Grendene SA is a Brazilian shoe manufacturer and one of the world's largest producers of plastic shoes. The company was founded in 1971 by brothers Alexandre and Pedro Grendene and is headquartered in Farroupilha, Rio Grande do Sul, Brazil. Grendene specializes in the production of plastic shoes and is known for its innovative designs and technologies. The company is able to produce shoes in large quantities and offers a wide range of products for different age groups and occasions. Grendene's business model is based on three pillars: innovation, efficiency, and sustainability. The company relies on the latest technologies and materials to create innovative products that meet customer needs. Grendene also works on improving its production processes to maximize efficiency and reduce costs. Additionally, the company is committed to producing sustainable products and improving its business practices to have a positive impact on the environment. Grendene is divided into various divisions, including baby shoes, children's shoes, women's shoes, and men's shoes. Each division offers a wide range of products for different occasions and needs. For example, the baby shoe division offers shoes for babies and toddlers aged 0-3 years, while the children's division produces shoes for children aged 3-10 years. The women's shoe division offers a wide range of shoe styles, from sandals to high heels, while the men's shoe division offers shoes for men for all occasions, from casual to formal events. Some of Grendene's most well-known brands include Melissa, Ipanema, and Rider. Melissa is a women's shoe brand known for its elegant and trendy designs. The brand is famous for its collaborations with leading designers such as Vivienne Westwood and Karl Lagerfeld. Ipanema is a shoe brand known for its comfortable and stylish flip-flops and sandals, offering a wide range of shoe styles for women and children. Rider is a shoe brand for men and women, primarily known for its sporty styles. The brand also offers a wide range of shoes for the beach and leisure activities. Grendene has also produced other products such as plastic toys and furniture, but the production of plastic shoes remains the core of the business. Overall, Grendene is a leading plastic shoe manufacturer whose innovative designs and technologies are reflected in its products. The company has developed a successful strategy to strengthen its position in the global market and expand its product range and brands. Grendene is one of the most popular companies on Eulerpool.

ROE Details

Decoding Grendene's Return on Equity (ROE)

Grendene's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Grendene's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Grendene's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Grendene’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Grendene stock

Return on Equity (ROE) of Grendene is 20.44 % in 2026.

Return on Equity (ROE) of Grendene changed from 18.19 % to 20.44 %, representing a 12.36% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Grendene since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Grendene with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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