AS Merko Ehitus, through its subsidiaries, engages in the construction and real estate development activities in the Republic of Estonia, Latvia, Lithuania, Norway, and Finland.
AS Merko Ehitus Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€15.12|
|52 Week High||€8.82|
|52 Week Low||€17.14|
|1 Month Change||0.53%|
|3 Month Change||-0.92%|
|1 Year Change||69.51%|
|3 Year Change||63.46%|
|5 Year Change||71.82%|
|Change since IPO||124.00%|
Recent News & Updates
Should You Be Adding AS Merko Ehitus (TAL:MRK1T) To Your Watchlist Today?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|MRK1T||EE Construction||EE Market|
Return vs Industry: MRK1T exceeded the EE Construction industry which returned 32.4% over the past year.
Return vs Market: MRK1T exceeded the EE Market which returned 57.9% over the past year.
Stable Share Price: MRK1T is less volatile than 75% of EE stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MRK1T's weekly volatility (3%) has been stable over the past year.
About the Company
AS Merko Ehitus, through its subsidiaries, engages in the construction and real estate development activities in the Republic of Estonia, Latvia, Lithuania, Norway, and Finland. It operates through Construction Service and Real Estate Development segments. The company constructs various buildings, including commercial and office buildings, retail and entertainment centers, hotels, and spas, as well as public buildings, dwellings, and specific industrial buildings.
AS Merko Ehitus Fundamentals Summary
|MRK1T fundamental statistics|
Is MRK1T overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MRK1T income statement (TTM)|
|Cost of Revenue||€287.54m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
|Earnings per share (EPS)||1.39|
|Net Profit Margin||7.40%|
How did MRK1T perform over the long term?See historical performance and comparison
6.6%Current Dividend Yield
Is AS Merko Ehitus undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MRK1T (€15.12) is trading below our estimate of fair value (€137.48)
Significantly Below Fair Value: MRK1T is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MRK1T is good value based on its PE Ratio (10.9x) compared to the European Construction industry average (15.7x).
PE vs Market: MRK1T is good value based on its PE Ratio (10.9x) compared to the EE market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MRK1T's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MRK1T is overvalued based on its PB Ratio (1.8x) compared to the XE Construction industry average (1.5x).
How is AS Merko Ehitus forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AS Merko Ehitus has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has AS Merko Ehitus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRK1T has high quality earnings.
Growing Profit Margin: MRK1T's current net profit margins (7.4%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: MRK1T's earnings have grown significantly by 21.2% per year over the past 5 years.
Accelerating Growth: MRK1T's earnings growth over the past year (23%) exceeds its 5-year average (21.2% per year).
Earnings vs Industry: MRK1T earnings growth over the past year (23%) exceeded the Construction industry 21.9%.
Return on Equity
High ROE: MRK1T's Return on Equity (16.2%) is considered low.
How is AS Merko Ehitus's financial position?
Financial Position Analysis
Short Term Liabilities: MRK1T's short term assets (€221.5M) exceed its short term liabilities (€93.5M).
Long Term Liabilities: MRK1T's short term assets (€221.5M) exceed its long term liabilities (€33.8M).
Debt to Equity History and Analysis
Debt Level: MRK1T's debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: MRK1T's debt to equity ratio has reduced from 26.7% to 23.5% over the past 5 years.
Debt Coverage: MRK1T's debt is well covered by operating cash flow (113.5%).
Interest Coverage: MRK1T earns more interest than it pays, so coverage of interest payments is not a concern.
What is AS Merko Ehitus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRK1T's dividend (6.61%) is higher than the bottom 25% of dividend payers in the EE market (1.93%).
High Dividend: MRK1T's dividend (6.61%) is in the top 25% of dividend payers in the EE market (5.45%)
Stability and Growth of Payments
Stable Dividend: MRK1T's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRK1T's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72%), MRK1T's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andres Trink (54 yo)
Mr. Andres Trink has been the Chairman and Member of Management Board at AS Merko Ehitus since January 1, 2012. Mr. Trink served as Chairman of Management Board at Uab Merko Statyba and served as its Membe...
Experienced Management: MRK1T's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: MRK1T's board of directors are seasoned and experienced ( 12.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AS Merko Ehitus's employee growth, exchange listings and data sources
- Name: AS Merko Ehitus
- Ticker: MRK1T
- Exchange: TLSE
- Founded: 1990
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €268.686m
- Shares outstanding: 17.70m
- Website: https://group.merko.ee
Number of Employees
- AS Merko Ehitus
- Järvevana tee 9G
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 16:30|
|End of Day Share Price||2021/10/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.