Meko AB (publ) Logo

Meko AB (publ)

MEKO.ST

(1.8)
Stock Price

130,00 SEK

3.59% ROA

6.16% ROE

20.23x PER

Market Cap.

7.736.105.982,00 SEK

66.05% DER

2.93% Yield

2.17% NPM

Meko AB (publ) Stock Analysis

Meko AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Meko AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.94x) suggests it's undervalued, making it an attractive opportunity for investors.

2 ROE

The stock's ROE falls within an average range (8.3%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (4.41%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

5 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

6 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (4.053) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 DER

The stock is burdened with a heavy load of debt (104%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Meko AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Meko AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Meko AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Meko AB (publ) Revenue
Year Revenue Growth
2005 2.333.414.000
2006 2.449.845.000 4.75%
2007 2.530.000.000 3.17%
2008 2.646.000.000 4.38%
2009 3.129.000.000 15.44%
2010 3.374.000.000 7.26%
2011 4.140.000.000 18.5%
2012 5.426.000.000 23.7%
2013 5.863.000.000 7.45%
2014 5.924.000.000 1.03%
2015 5.761.000.000 -2.83%
2016 5.937.000.000 2.96%
2017 6.000.000.000 1.05%
2018 7.951.000.000 24.54%
2019 12.016.000.000 33.83%
2020 11.764.000.000 -2.14%
2021 12.552.000.000 6.28%
2022 14.391.000.000 12.78%
2023 17.024.000.000 15.47%
2023 16.761.000.000 -1.57%
2024 18.720.000.000 10.46%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Meko AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 56.000.000 100%
2022 65.000.000 13.85%
2023 0 0%
2023 73.000.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Meko AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 506.713.000
2006 534.510.000 5.2%
2007 410.000.000 -30.37%
2008 456.000.000 10.09%
2009 570.000.000 20%
2010 565.000.000 -0.88%
2011 0 0%
2012 1.060.000.000 100%
2013 1.187.000.000 10.7%
2014 1.264.000.000 6.09%
2015 1.167.000.000 -8.31%
2016 1.229.000.000 5.04%
2017 1.249.000.000 1.6%
2018 1.581.000.000 21%
2019 1.375.000.000 -14.98%
2020 1.403.000.000 2%
2021 1.490.000.000 5.84%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Meko AB (publ) EBITDA
Year EBITDA Growth
2005 223.758.000
2006 279.909.000 20.06%
2007 464.000.000 39.67%
2008 303.000.000 -53.14%
2009 372.000.000 18.55%
2010 538.000.000 30.86%
2011 627.000.000 14.19%
2012 671.000.000 6.56%
2013 768.000.000 12.63%
2014 520.000.000 -47.69%
2015 794.000.000 34.51%
2016 649.000.000 -22.34%
2017 682.000.000 4.84%
2018 759.000.000 10.14%
2019 1.531.000.000 50.42%
2020 1.566.000.000 2.23%
2021 1.680.000.000 6.79%
2022 1.606.000.000 -4.61%
2023 2.168.000.000 25.92%
2023 1.435.000.000 -51.08%
2024 1.920.000.000 25.26%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Meko AB (publ) Gross Profit
Year Gross Profit Growth
2005 1.087.324.000
2006 1.174.976.000 7.46%
2007 1.236.000.000 4.94%
2008 1.329.000.000 7%
2009 3.129.000.000 57.53%
2010 3.374.000.000 7.26%
2011 2.274.000.000 -48.37%
2012 2.951.000.000 22.94%
2013 3.231.000.000 8.67%
2014 3.218.000.000 -0.4%
2015 3.232.000.000 0.43%
2016 3.251.000.000 0.58%
2017 3.346.000.000 2.84%
2018 4.050.000.000 17.38%
2019 5.481.000.000 26.11%
2020 5.446.000.000 -0.64%
2021 5.843.000.000 6.79%
2022 6.646.000.000 12.08%
2023 7.704.000.000 13.73%
2023 644.000.000 -1096.27%
2024 1.012.000.000 36.36%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Meko AB (publ) Net Profit
Year Net Profit Growth
2005 117.600.000
2006 140.218.000 16.13%
2007 348.000.000 59.71%
2008 189.000.000 -84.13%
2009 237.000.000 20.25%
2010 351.000.000 32.48%
2011 380.000.000 7.63%
2012 375.000.000 -1.33%
2013 307.000.000 -22.15%
2014 120.000.000 -155.83%
2015 423.000.000 71.63%
2016 335.000.000 -26.27%
2017 361.000.000 7.2%
2018 260.000.000 -38.85%
2019 413.000.000 37.05%
2020 432.000.000 4.4%
2021 572.000.000 24.48%
2022 454.000.000 -25.99%
2023 696.000.000 34.77%
2023 419.000.000 -66.11%
2024 640.000.000 34.53%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Meko AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 3
2006 4 0%
2007 9 66.67%
2008 5 -125%
2009 6 33.33%
2010 9 33.33%
2011 10 0%
2012 9 0%
2013 7 -28.57%
2014 3 -250%
2015 10 77.78%
2016 8 -28.57%
2017 10 30%
2018 7 -66.67%
2019 7 14.29%
2020 8 0%
2021 10 30%
2022 8 -25%
2023 12 33.33%
2023 7 -71.43%
2024 11 36.36%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Meko AB (publ) Free Cashflow
Year Free Cashflow Growth
2005 124.940.000
2006 265.632.000 52.97%
2007 277.000.000 4.1%
2008 148.000.000 -87.16%
2009 198.000.000 25.25%
2010 261.000.000 24.14%
2011 124.000.000 -110.48%
2012 396.000.000 68.69%
2013 494.000.000 19.84%
2014 338.000.000 -46.15%
2015 336.000.000 -0.6%
2016 433.000.000 22.4%
2017 332.000.000 -30.42%
2018 110.000.000 -201.82%
2019 1.011.000.000 89.12%
2020 1.473.000.000 31.36%
2021 1.053.000.000 -39.89%
2022 840.000.000 -25.36%
2023 599.000.000 -40.23%
2023 1.021.000.000 41.33%
2024 656.000.000 -55.64%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Meko AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2005 124.940.000
2006 265.632.000 52.97%
2007 320.000.000 16.99%
2008 209.000.000 -53.11%
2009 289.000.000 27.68%
2010 358.000.000 19.27%
2011 259.000.000 -38.22%
2012 518.000.000 50%
2013 557.000.000 7%
2014 413.000.000 -34.87%
2015 439.000.000 5.92%
2016 544.000.000 19.3%
2017 496.000.000 -9.68%
2018 331.000.000 -49.85%
2019 1.142.000.000 71.02%
2020 1.625.000.000 29.72%
2021 1.227.000.000 -32.44%
2022 1.048.000.000 -17.08%
2023 599.000.000 -74.96%
2023 1.252.000.000 52.16%
2024 698.000.000 -79.37%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Meko AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2005 0
2006 0 0%
2007 43.000.000 100%
2008 61.000.000 29.51%
2009 91.000.000 32.97%
2010 97.000.000 6.19%
2011 135.000.000 28.15%
2012 122.000.000 -10.66%
2013 63.000.000 -93.65%
2014 75.000.000 16%
2015 103.000.000 27.18%
2016 111.000.000 7.21%
2017 164.000.000 32.32%
2018 221.000.000 25.79%
2019 131.000.000 -68.7%
2020 152.000.000 13.82%
2021 174.000.000 12.64%
2022 208.000.000 16.35%
2023 0 0%
2023 231.000.000 100%
2024 42.000.000 -450%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Meko AB (publ) Equity
Year Equity Growth
2005 910.577.000
2006 933.110.000 2.41%
2007 996.000.000 6.31%
2008 851.000.000 -17.04%
2009 895.000.000 4.92%
2010 974.000.000 8.11%
2011 1.556.000.000 37.4%
2012 2.316.000.000 32.82%
2013 2.240.000.000 -3.39%
2014 2.080.000.000 -7.69%
2015 2.155.000.000 3.48%
2016 2.325.000.000 7.31%
2017 2.379.000.000 2.27%
2018 3.853.000.000 38.26%
2019 4.335.000.000 11.12%
2020 4.595.000.000 5.66%
2021 5.229.000.000 12.12%
2022 5.926.000.000 11.76%
2023 6.175.000.000 4.03%
2023 6.376.000.000 3.15%
2024 6.343.000.000 -0.52%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Meko AB (publ) Assets
Year Assets Growth
2005 1.599.729.000
2006 1.644.424.000 2.72%
2007 1.481.000.000 -11.03%
2008 1.423.000.000 -4.08%
2009 1.529.000.000 6.93%
2010 1.758.000.000 13.03%
2011 3.054.000.000 42.44%
2012 5.708.000.000 46.5%
2013 5.444.000.000 -4.85%
2014 5.384.000.000 -1.11%
2015 5.361.000.000 -0.43%
2016 5.452.000.000 1.67%
2017 5.554.000.000 1.84%
2018 10.863.000.000 48.87%
2019 12.870.000.000 15.59%
2020 12.193.000.000 -5.55%
2021 13.229.000.000 7.83%
2022 15.773.000.000 16.13%
2023 16.209.000.000 2.69%
2023 16.728.000.000 3.1%
2024 16.448.000.000 -1.7%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Meko AB (publ) Liabilities
Year Liabilities Growth
2005 666.411.000
2006 691.119.000 3.58%
2007 485.000.000 -42.5%
2008 572.000.000 15.21%
2009 634.000.000 9.78%
2010 784.000.000 19.13%
2011 1.498.000.000 47.66%
2012 3.392.000.000 55.84%
2013 3.204.000.000 -5.87%
2014 3.304.000.000 3.03%
2015 3.206.000.000 -3.06%
2016 3.127.000.000 -2.53%
2017 3.175.000.000 1.51%
2018 7.010.000.000 54.71%
2019 8.535.000.000 17.87%
2020 7.598.000.000 -12.33%
2021 8.000.000.000 5.03%
2022 9.847.000.000 18.76%
2023 10.034.000.000 1.86%
2023 10.352.000.000 3.07%
2024 10.105.000.000 -2.44%

Meko AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
314.79
Net Income per Share
6.82
Price to Earning Ratio
20.23x
Price To Sales Ratio
0.44x
POCF Ratio
4.49
PFCF Ratio
3.18
Price to Book Ratio
1.25
EV to Sales
0.69
EV Over EBITDA
7.27
EV to Operating CashFlow
7.06
EV to FreeCashFlow
5
Earnings Yield
0.05
FreeCashFlow Yield
0.31
Market Cap
7,74 Bil.
Enterprise Value
12,15 Bil.
Graham Number
130.3
Graham NetNet
-89.33

Income Statement Metrics

Net Income per Share
6.82
Income Quality
4.51
ROE
0.06
Return On Assets
0.02
Return On Capital Employed
0.06
Net Income per EBT
0.71
EBT Per Ebit
0.79
Ebit per Revenue
0.04
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.13
Operating Profit Margin
0.04
Pretax Profit Margin
0.03
Net Profit Margin
0.02

Dividends

Dividend Yield
0.03
Dividend Yield %
2.93
Payout Ratio
0.76
Dividend Per Share
4.05

Operating Metrics

Operating Cashflow per Share
30.75
Free CashFlow per Share
43.37
Capex to Operating CashFlow
0.41
Capex to Revenue
0.04
Capex to Depreciation
0.71
Return on Invested Capital
0.05
Return on Tangible Assets
0.04
Days Sales Outstanding
55.03
Days Payables Outstanding
101.13
Days of Inventory on Hand
102.37
Receivables Turnover
6.63
Payables Turnover
3.61
Inventory Turnover
3.57
Capex per Share
12.62

Balance Sheet

Cash per Share
17,14
Book Value per Share
113,26
Tangible Book Value per Share
9.5
Shareholders Equity per Share
110.62
Interest Debt per Share
78.3
Debt to Equity
0.66
Debt to Assets
0.25
Net Debt to EBITDA
2.64
Current Ratio
1.65
Tangible Asset Value
0,53 Bil.
Net Current Asset Value
-2,19 Bil.
Invested Capital
11460000000
Working Capital
3,11 Bil.
Intangibles to Total Assets
0.35
Average Receivables
2,69 Bil.
Average Payables
4,14 Bil.
Average Inventory
4381500000
Debt to Market Cap
0.53

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Meko AB (publ) Dividends
Year Dividends Growth
2008 4
2009 6 33.33%
2010 7 14.29%
2011 8 12.5%
2012 8 0%
2013 7 -14.29%
2014 7 0%
2015 7 0%
2016 6 -40%
2017 6 0%
2018 6 0%
2022 3 -66.67%
2023 3 0%
2024 4 0%

Meko AB (publ) Profile

About Meko AB (publ)

Meko AB (publ) operates in the automotive aftermarket business in Sweden, Norway, Denmark, Poland, Estonia, Latvia, Lithuania, and Finland. It provides spare parts, consumables, and tools, as well as workshop services and car accessories under the ProMeister and Carwise brands. The company offers a range of solutions and products for the consumers and companies through its branches, affiliated workshops, and wholesale and logistics operations. It serves customers under the AutoMester, AlltiBil, BilXtra, CarPeople, Din Bilpartner, Hella Servicepartner, Inter Data Service, MECA BIlservice, Mekonomen Bilverkstad, MekoPartner, O.K. Serwis, and Speedy brands. The company was formerly known as Mekonomen AB (publ) and changed its name to Meko AB (publ) in May 2022. Meko AB (publ) was founded in 1973 and is based in Stockholm, Sweden.

CEO
Mr. Pehr Oscarson
Employee
6.339
Address
SolnavAegen 4
Stockholm, 104 32

Meko AB (publ) Executives & BODs

Meko AB (publ) Executives & BODs
# Name Age
1 Ms. Gabriella Granholm
Director of Market & HR
70
2 Mr. Anders Oxelström
Interim Director of Communications
70
3 Mr. Christer Johansson
Chief Financial Officer
70
4 Ms. Petra Ulrika Bendelin
Chief Operating Officer and Director of Business Development & Strategy
70
5 Ms. Helena Skantorp M.Sc.
Executive Vice Chairman
70
6 Mr. Pehr Oscarson
President & Chief Executive Officer
70
7 Fredrik Satterstrom
Head of Investor Relations
70
8 Mr. Robert Hard
Director of Legal Affairs
70
9 Mr. Morten Birkeland
Managing Director of Sørensen og Balchen
70
10 Sven Kristensen
Managing Director of FTZ
70

Meko AB (publ) Competitors

Clas Ohlson AB (publ) Logo
Clas Ohlson AB (publ)

CLAS-B.ST

(1.5)
Bilia AB (publ) Logo
Bilia AB (publ)

BILI-A.ST

(1.8)
Byggmax Group AB (publ) Logo
Byggmax Group AB (publ)

BMAX.ST

(1.5)
Peab AB (publ) Logo
Peab AB (publ)

PEAB-B.ST

(2.5)
Nobia AB (publ) Logo
Nobia AB (publ)

NOBI.ST

(1.2)