Mermeren Kombinat AD（MERKO）株式概要Mermeren Kombinat AD社は、北マケドニア、中国、ギリシャ、バルカン地域、および国際的なSIVECブランド名で、大理石と装飾石の採掘、加工、販売に従事している。 詳細MERKO ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績3/6財務の健全性6/6配当金0/6報酬株価収益率（ 12.1 x） Greek市場（ 13.4 x）を下回っています。リスク分析過去5年間で収益は年間1.8%減少しました。 Greek市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見るMERKO Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW467,951 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA467,951 investors already sharing narrativesYour Fair Value€Current Price€27.0074.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture033m2016201920222025202620282031Revenue €25.5mEarnings €10.4mAdvancedSet Fair ValueView all narrativesMermeren Kombinat AD 競合他社TitanSymbol: ATSE:TITCMarket cap: €3.9bDaios PlasticsSymbol: ATSE:DAIOSMarket cap: €120.0mFlexopack Société Anonyme Commercial and Industrial PlasticsSymbol: ATSE:FLEXOMarket cap: €97.2mAlumil Aluminium IndustrySymbol: ATSE:ALMYMarket cap: €186.4m価格と性能株価の高値、安値、推移の概要Mermeren Kombinat AD過去の株価現在の株価€27.0052週高値€37.6052週安値€23.40ベータ0.341ヶ月の変化-6.90%3ヶ月変化-15.63%1年変化-24.16%3年間の変化-33.50%5年間の変化-49.06%IPOからの変化378.72%最新ニュースNew Risk • Aug 21New major risk - Revenue and earnings growthEarnings have declined by 0.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.0% average weekly change).Declared Dividend • May 31Dividend of €1.60 announcedShareholders will receive a dividend of €1.60. Ex-date: 10th June 2026 Payment date: 12th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control, which is less than the 7.1% EPS growth achieved over the last 5 years.お知らせ • May 29Mermeren Kombinat AD announces Annual dividend, payable on June 12, 2026Mermeren Kombinat AD announced Annual dividend of EUR 1.6000 per share payable on June 12, 2026, ex-date on June 10, 2026 and record date on June 11, 2026.New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 170% Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Reported Earnings • May 05First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €3.23m (down 50% from 1Q 2025). Net income: €1.09m (down 57% from 1Q 2025). Profit margin: 34% (down from 39% in 1Q 2025). The decrease in margin was driven by lower revenue.Buy Or Sell Opportunity • Apr 30Now 25% overvaluedOver the last 90 days, the stock has fallen 4.0% to €34.00. The fair value is estimated to be €27.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only.最新情報をもっと見るRecent updatesNew Risk • Aug 21New major risk - Revenue and earnings growthEarnings have declined by 0.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.0% average weekly change).Declared Dividend • May 31Dividend of €1.60 announcedShareholders will receive a dividend of €1.60. Ex-date: 10th June 2026 Payment date: 12th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control, which is less than the 7.1% EPS growth achieved over the last 5 years.お知らせ • May 29Mermeren Kombinat AD announces Annual dividend, payable on June 12, 2026Mermeren Kombinat AD announced Annual dividend of EUR 1.6000 per share payable on June 12, 2026, ex-date on June 10, 2026 and record date on June 11, 2026.New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 170% Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Reported Earnings • May 05First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €3.23m (down 50% from 1Q 2025). Net income: €1.09m (down 57% from 1Q 2025). Profit margin: 34% (down from 39% in 1Q 2025). The decrease in margin was driven by lower revenue.Buy Or Sell Opportunity • Apr 30Now 25% overvaluedOver the last 90 days, the stock has fallen 4.0% to €34.00. The fair value is estimated to be €27.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Apr 08Now 27% overvaluedOver the last 90 days, the stock has fallen 2.8% to €34.60. The fair value is estimated to be €27.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Mar 05Now 20% overvaluedOver the last 90 days, the stock has fallen 5.6% to €33.60. The fair value is estimated to be €27.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only.お知らせ • Mar 02Mermeren Kombinat AD to Report Fiscal Year 2025 Results on Mar 02, 2026Mermeren Kombinat AD announced that they will report fiscal year 2025 results on Mar 02, 2026New Risk • Feb 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 123% Dividend yield: 7.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Feb 11Now 21% overvaluedOver the last 90 days, the stock has fallen 4.5% to €33.60. The fair value is estimated to be €27.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only.お知らせ • Jan 31+ 1 more updateMermeren Kombinat AD to Report Q1, 2026 Results on Sep 30, 2026Mermeren Kombinat AD announced that they will report Q1, 2026 results on Sep 30, 2026Reported Earnings • Oct 05First half 2025 earnings released: EPS: €1.08 (vs €1.67 in 1H 2024)First half 2025 results: EPS: €1.08 (down from €1.67 in 1H 2024). Revenue: €12.9m (down 14% from 1H 2024). Net income: €5.04m (down 36% from 1H 2024). Profit margin: 39% (down from 52% in 1H 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Oct 01Mermeren Kombinat AD to Report Nine Months, 2025 Results on Oct 31, 2025Mermeren Kombinat AD announced that they will report nine months, 2025 results on Oct 31, 2025Buy Or Sell Opportunity • Jun 13Now 21% undervaluedOver the last 90 days, the stock has risen 5.8% to €40.00. The fair value is estimated to be €50.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only.分析記事 • Jun 12Estimating The Fair Value Of Mermeren Kombinat AD (ATH:MERKO)Key Insights Mermeren Kombinat AD's estimated fair value is €50.41 based on 2 Stage Free Cash Flow to Equity Current...New Risk • Jun 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Greek stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 0.6% per year over the past 5 years.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €44.20, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 16x in the Basic Materials industry in Europe. Total loss to shareholders of 5.4% over the past three years.Declared Dividend • Jun 02Dividend of €2.40 announcedShareholders will receive a dividend of €2.40. Ex-date: 11th June 2025 Payment date: 16th June 2025 Dividend yield will be 6.9%, which is higher than the industry average of 2.5%.お知らせ • Jun 01Mermeren Kombinat AD announces Annual dividend, payable on June 16, 2025Mermeren Kombinat AD announced Annual dividend of EUR 2.4000 per share payable on June 16, 2025, ex-date on June 11, 2025 and record date on June 12, 2025.お知らせ • Apr 29Mermeren Kombinat AD, Annual General Meeting, May 30, 2025Mermeren Kombinat AD, Annual General Meeting, May 30, 2025, at 12:00 Central European Standard Time. Location: at the company`s premises at 66, krushevski pat street, prilep MacedoniaReported Earnings • Mar 02Full year 2024 earnings releasedFull year 2024 results: Revenue: €31.7m (up 8.2% from FY 2023). Net income: €14.9m (up 8.4% from FY 2023). Profit margin: 47% (in line with FY 2023).お知らせ • Feb 01Mermeren Kombinat AD to Report Fiscal Year 2024 Results on Feb 28, 2025Mermeren Kombinat AD announced that they will report fiscal year 2024 results on Feb 28, 2025Buy Or Sell Opportunity • Nov 11Now 26% overvaluedOver the last 90 days, the stock has fallen 3.4% to €45.00. The fair value is estimated to be €35.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.8%.分析記事 • Nov 05Mermeren Kombinat AD (ATH:MERKO) Screens Well But There Might Be A CatchThere wouldn't be many who think Mermeren Kombinat AD's ( ATH:MERKO ) price-to-earnings (or "P/E") ratio of 12.2x is...Buy Or Sell Opportunity • Oct 23Now 26% overvaluedThe stock has been flat over the last 90 days, currently trading at €45.00. The fair value is estimated to be €35.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.8%.Reported Earnings • Oct 01Second quarter 2024 earnings released: EPS: €0.98 (vs €0.85 in 2Q 2023)Second quarter 2024 results: EPS: €0.98 (up from €0.85 in 2Q 2023). Revenue: €8.76m (up 16% from 2Q 2023). Net income: €4.60m (up 16% from 2Q 2023). Profit margin: 53% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Sep 17Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €43.20. The fair value is estimated to be €34.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 12%.お知らせ • Sep 01Mermeren Kombinat AD to Report Q2, 2024 Results on Sep 27, 2024Mermeren Kombinat AD announced that they will report Q2, 2024 results on Sep 27, 2024Upcoming Dividend • Jun 06Upcoming dividend of €2.80 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 17 June 2024. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 3.3%.お知らせ • May 01Mermeren Kombinat AD, Annual General Meeting, May 14, 2024Mermeren Kombinat AD, Annual General Meeting, May 14, 2024.お知らせ • Apr 03Mermeren Kombinat AD to Report Q1, 2024 Results on Apr 26, 2024Mermeren Kombinat AD announced that they will report Q1, 2024 results on Apr 26, 2024お知らせ • Apr 01Mermeren Kombinat AD to Report Fiscal Year 2023 Results on Apr 05, 2024Mermeren Kombinat AD announced that they will report fiscal year 2023 results at 5:20 PM, FLE Standard Time on Apr 05, 2024お知らせ • Mar 01Mermeren Kombinat AD to Report Fiscal Year 2023 Results on Mar 01, 2024Mermeren Kombinat AD announced that they will report fiscal year 2023 results on Mar 01, 2024分析記事 • Dec 28Some Shareholders Feeling Restless Over Mermeren Kombinat AD's (ATH:MERKO) P/E RatioWhen close to half the companies in Greece have price-to-earnings ratios (or "P/E's") below 12x, you may consider...Upcoming Dividend • Dec 15Upcoming dividend of €4.06 per shareEligible shareholders must have bought the stock before 22 December 2023. Payment date: 26 December 2023. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 3.6%.お知らせ • Dec 01Mermeren Kombinat AD, Annual General Meeting, Dec 11, 2023Mermeren Kombinat AD, Annual General Meeting, Dec 11, 2023, at 10:00 Central European Standard Time. Location: headquarters of the Company at str. Lece Koteski No.60A, Prilep Macedonia Agenda: To consider the Election of the Chairman of the Assembly; to consider the verification of the list of registered shareholders and ascertainment of quorum; to consider the adoption of the minutes of the previous meeting of the Assembly of the shareholders; to consider the adoption of the Agenda; and to consider other matters.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €45.20, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 8x in the Basic Materials industry in Europe. Negligible returns to shareholders over past three years.Reported Earnings • Nov 06Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ден426.4m (down 6.6% from 3Q 2022). Net income: ден193.4m (down 12% from 3Q 2022). Profit margin: 45% (down from 48% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Oct 01Mermeren Kombinat AD to Report Nine Months, 2023 Results on Oct 31, 2023Mermeren Kombinat AD announced that they will report nine months, 2023 results on Oct 31, 2023Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €37.40, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 9x in the Basic Materials industry in Europe. Total loss to shareholders of 17% over the past three years.分析記事 • Sep 01Mermeren Kombinat AD (ATH:MERKO) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...お知らせ • Jul 01Mermeren Kombinat AD to Report First Half, 2023 Results on Jul 31, 2023Mermeren Kombinat AD announced that they will report first half, 2023 results on Jul 31, 2023Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €35.00, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 10x in the Basic Materials industry in Europe. Total loss to shareholders of 30% over the past three years.分析記事 • May 05Mermeren Kombinat AD (ATH:MERKO) Stocks Pounded By 25% But Not Lagging Market On Growth Or PricingMermeren Kombinat AD ( ATH:MERKO ) shareholders won't be pleased to see that the share price has had a very rough...Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €38.80, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 10x in the Basic Materials industry in Europe. Total loss to shareholders of 18% over the past three years.分析記事 • Apr 28Returns On Capital At Mermeren Kombinat AD (ATH:MERKO) Paint A Concerning PictureIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Board Change • Apr 19Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.株主還元MERKOGR Basic MaterialsGR 市場7D0%-1.4%0.8%1Y-24.2%-6.2%17.7%株主還元を見る業界別リターン: MERKO過去 1 年間で-6.2 % の収益を上げたGreek Basic Materials業界を下回りました。リターン対市場: MERKOは、過去 1 年間で17.7 % のリターンを上げたGreek市場を下回りました。価格変動Is MERKO's price volatile compared to industry and market?MERKO volatilityMERKO Average Weekly Movement5.0%Basic Materials Industry Average Movement4.5%Market Average Movement3.7%10% most volatile stocks in GR Market5.7%10% least volatile stocks in GR Market2.1%安定した株価: MERKOの株価は、 Greek市場と比較して過去 3 か月間で変動しています。時間の経過による変動: MERKOの weekly volatility ( 5% ) は過去 1 年間安定していますが、依然としてGreekの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1946275Vasileios Anagnostouwww.mermeren.comMermeren Kombinat AD社は、北マケドニア、中国、ギリシャ、バルカン地域、および国際的なSIVECブランド名で、大理石と装飾石の採掘、加工、販売に従事している。採石場部門と工場部門を通じて事業を展開している。同社はプリレプ市の北東に位置する採石場を運営している。同社の製品は、モスク、ホテル、宮殿、商業施設、住宅、別荘、芸術作品など、様々なプロジェクトで使用されている。Mermeren Kombinat AD社は1946年に設立され、北マケドニアのプリレプに本社を置く。もっと見るMermeren Kombinat AD 基礎のまとめMermeren Kombinat AD の収益と売上を時価総額と比較するとどうか。MERKO 基礎統計学時価総額€126.55m収益（TTM）€10.50m売上高(TTM)€25.68m12.1xPER（株価収益率4.9xP/SレシオMERKO は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計MERKO 損益計算書（TTM）収益€25.68m売上原価€11.19m売上総利益€14.49mその他の費用€3.99m収益€10.50m直近の収益報告Jun 30, 2026次回決算日Sep 30, 2026一株当たり利益（EPS）2.24グロス・マージン56.43%純利益率40.89%有利子負債／自己資本比率0.06%MERKO の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/24 04:37終値2026/08/21 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mermeren Kombinat AD 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
New Risk • Aug 21New major risk - Revenue and earnings growthEarnings have declined by 0.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.0% average weekly change).
Declared Dividend • May 31Dividend of €1.60 announcedShareholders will receive a dividend of €1.60. Ex-date: 10th June 2026 Payment date: 12th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control, which is less than the 7.1% EPS growth achieved over the last 5 years.
お知らせ • May 29Mermeren Kombinat AD announces Annual dividend, payable on June 12, 2026Mermeren Kombinat AD announced Annual dividend of EUR 1.6000 per share payable on June 12, 2026, ex-date on June 10, 2026 and record date on June 11, 2026.
New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 170% Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Reported Earnings • May 05First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €3.23m (down 50% from 1Q 2025). Net income: €1.09m (down 57% from 1Q 2025). Profit margin: 34% (down from 39% in 1Q 2025). The decrease in margin was driven by lower revenue.
Buy Or Sell Opportunity • Apr 30Now 25% overvaluedOver the last 90 days, the stock has fallen 4.0% to €34.00. The fair value is estimated to be €27.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
New Risk • Aug 21New major risk - Revenue and earnings growthEarnings have declined by 0.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.0% average weekly change).
Declared Dividend • May 31Dividend of €1.60 announcedShareholders will receive a dividend of €1.60. Ex-date: 10th June 2026 Payment date: 12th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control, which is less than the 7.1% EPS growth achieved over the last 5 years.
お知らせ • May 29Mermeren Kombinat AD announces Annual dividend, payable on June 12, 2026Mermeren Kombinat AD announced Annual dividend of EUR 1.6000 per share payable on June 12, 2026, ex-date on June 10, 2026 and record date on June 11, 2026.
New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 170% Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Reported Earnings • May 05First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €3.23m (down 50% from 1Q 2025). Net income: €1.09m (down 57% from 1Q 2025). Profit margin: 34% (down from 39% in 1Q 2025). The decrease in margin was driven by lower revenue.
Buy Or Sell Opportunity • Apr 30Now 25% overvaluedOver the last 90 days, the stock has fallen 4.0% to €34.00. The fair value is estimated to be €27.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Apr 08Now 27% overvaluedOver the last 90 days, the stock has fallen 2.8% to €34.60. The fair value is estimated to be €27.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Mar 05Now 20% overvaluedOver the last 90 days, the stock has fallen 5.6% to €33.60. The fair value is estimated to be €27.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
お知らせ • Mar 02Mermeren Kombinat AD to Report Fiscal Year 2025 Results on Mar 02, 2026Mermeren Kombinat AD announced that they will report fiscal year 2025 results on Mar 02, 2026
New Risk • Feb 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 123% Dividend yield: 7.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Feb 11Now 21% overvaluedOver the last 90 days, the stock has fallen 4.5% to €33.60. The fair value is estimated to be €27.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
お知らせ • Jan 31+ 1 more updateMermeren Kombinat AD to Report Q1, 2026 Results on Sep 30, 2026Mermeren Kombinat AD announced that they will report Q1, 2026 results on Sep 30, 2026
Reported Earnings • Oct 05First half 2025 earnings released: EPS: €1.08 (vs €1.67 in 1H 2024)First half 2025 results: EPS: €1.08 (down from €1.67 in 1H 2024). Revenue: €12.9m (down 14% from 1H 2024). Net income: €5.04m (down 36% from 1H 2024). Profit margin: 39% (down from 52% in 1H 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Oct 01Mermeren Kombinat AD to Report Nine Months, 2025 Results on Oct 31, 2025Mermeren Kombinat AD announced that they will report nine months, 2025 results on Oct 31, 2025
Buy Or Sell Opportunity • Jun 13Now 21% undervaluedOver the last 90 days, the stock has risen 5.8% to €40.00. The fair value is estimated to be €50.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
分析記事 • Jun 12Estimating The Fair Value Of Mermeren Kombinat AD (ATH:MERKO)Key Insights Mermeren Kombinat AD's estimated fair value is €50.41 based on 2 Stage Free Cash Flow to Equity Current...
New Risk • Jun 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Greek stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 0.6% per year over the past 5 years.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €44.20, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 16x in the Basic Materials industry in Europe. Total loss to shareholders of 5.4% over the past three years.
Declared Dividend • Jun 02Dividend of €2.40 announcedShareholders will receive a dividend of €2.40. Ex-date: 11th June 2025 Payment date: 16th June 2025 Dividend yield will be 6.9%, which is higher than the industry average of 2.5%.
お知らせ • Jun 01Mermeren Kombinat AD announces Annual dividend, payable on June 16, 2025Mermeren Kombinat AD announced Annual dividend of EUR 2.4000 per share payable on June 16, 2025, ex-date on June 11, 2025 and record date on June 12, 2025.
お知らせ • Apr 29Mermeren Kombinat AD, Annual General Meeting, May 30, 2025Mermeren Kombinat AD, Annual General Meeting, May 30, 2025, at 12:00 Central European Standard Time. Location: at the company`s premises at 66, krushevski pat street, prilep Macedonia
Reported Earnings • Mar 02Full year 2024 earnings releasedFull year 2024 results: Revenue: €31.7m (up 8.2% from FY 2023). Net income: €14.9m (up 8.4% from FY 2023). Profit margin: 47% (in line with FY 2023).
お知らせ • Feb 01Mermeren Kombinat AD to Report Fiscal Year 2024 Results on Feb 28, 2025Mermeren Kombinat AD announced that they will report fiscal year 2024 results on Feb 28, 2025
Buy Or Sell Opportunity • Nov 11Now 26% overvaluedOver the last 90 days, the stock has fallen 3.4% to €45.00. The fair value is estimated to be €35.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.8%.
分析記事 • Nov 05Mermeren Kombinat AD (ATH:MERKO) Screens Well But There Might Be A CatchThere wouldn't be many who think Mermeren Kombinat AD's ( ATH:MERKO ) price-to-earnings (or "P/E") ratio of 12.2x is...
Buy Or Sell Opportunity • Oct 23Now 26% overvaluedThe stock has been flat over the last 90 days, currently trading at €45.00. The fair value is estimated to be €35.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.8%.
Reported Earnings • Oct 01Second quarter 2024 earnings released: EPS: €0.98 (vs €0.85 in 2Q 2023)Second quarter 2024 results: EPS: €0.98 (up from €0.85 in 2Q 2023). Revenue: €8.76m (up 16% from 2Q 2023). Net income: €4.60m (up 16% from 2Q 2023). Profit margin: 53% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Sep 17Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €43.20. The fair value is estimated to be €34.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 12%.
お知らせ • Sep 01Mermeren Kombinat AD to Report Q2, 2024 Results on Sep 27, 2024Mermeren Kombinat AD announced that they will report Q2, 2024 results on Sep 27, 2024
Upcoming Dividend • Jun 06Upcoming dividend of €2.80 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 17 June 2024. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 3.3%.
お知らせ • May 01Mermeren Kombinat AD, Annual General Meeting, May 14, 2024Mermeren Kombinat AD, Annual General Meeting, May 14, 2024.
お知らせ • Apr 03Mermeren Kombinat AD to Report Q1, 2024 Results on Apr 26, 2024Mermeren Kombinat AD announced that they will report Q1, 2024 results on Apr 26, 2024
お知らせ • Apr 01Mermeren Kombinat AD to Report Fiscal Year 2023 Results on Apr 05, 2024Mermeren Kombinat AD announced that they will report fiscal year 2023 results at 5:20 PM, FLE Standard Time on Apr 05, 2024
お知らせ • Mar 01Mermeren Kombinat AD to Report Fiscal Year 2023 Results on Mar 01, 2024Mermeren Kombinat AD announced that they will report fiscal year 2023 results on Mar 01, 2024
分析記事 • Dec 28Some Shareholders Feeling Restless Over Mermeren Kombinat AD's (ATH:MERKO) P/E RatioWhen close to half the companies in Greece have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
Upcoming Dividend • Dec 15Upcoming dividend of €4.06 per shareEligible shareholders must have bought the stock before 22 December 2023. Payment date: 26 December 2023. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 3.6%.
お知らせ • Dec 01Mermeren Kombinat AD, Annual General Meeting, Dec 11, 2023Mermeren Kombinat AD, Annual General Meeting, Dec 11, 2023, at 10:00 Central European Standard Time. Location: headquarters of the Company at str. Lece Koteski No.60A, Prilep Macedonia Agenda: To consider the Election of the Chairman of the Assembly; to consider the verification of the list of registered shareholders and ascertainment of quorum; to consider the adoption of the minutes of the previous meeting of the Assembly of the shareholders; to consider the adoption of the Agenda; and to consider other matters.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €45.20, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 8x in the Basic Materials industry in Europe. Negligible returns to shareholders over past three years.
Reported Earnings • Nov 06Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ден426.4m (down 6.6% from 3Q 2022). Net income: ден193.4m (down 12% from 3Q 2022). Profit margin: 45% (down from 48% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Oct 01Mermeren Kombinat AD to Report Nine Months, 2023 Results on Oct 31, 2023Mermeren Kombinat AD announced that they will report nine months, 2023 results on Oct 31, 2023
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €37.40, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 9x in the Basic Materials industry in Europe. Total loss to shareholders of 17% over the past three years.
分析記事 • Sep 01Mermeren Kombinat AD (ATH:MERKO) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
お知らせ • Jul 01Mermeren Kombinat AD to Report First Half, 2023 Results on Jul 31, 2023Mermeren Kombinat AD announced that they will report first half, 2023 results on Jul 31, 2023
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €35.00, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 10x in the Basic Materials industry in Europe. Total loss to shareholders of 30% over the past three years.
分析記事 • May 05Mermeren Kombinat AD (ATH:MERKO) Stocks Pounded By 25% But Not Lagging Market On Growth Or PricingMermeren Kombinat AD ( ATH:MERKO ) shareholders won't be pleased to see that the share price has had a very rough...
Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €38.80, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 10x in the Basic Materials industry in Europe. Total loss to shareholders of 18% over the past three years.
分析記事 • Apr 28Returns On Capital At Mermeren Kombinat AD (ATH:MERKO) Paint A Concerning PictureIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Board Change • Apr 19Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
