Meko (BATS-CHIXE:MEKOS) - Stock Price, News & Analysis

MEKOS Stock Overview

Operates in the automotive aftermarket business in Sweden, Norway, Denmark, Poland, Estonia, Latvia, Lithuania, and Finland. More details

MEKOS fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 66.6% below our estimate of its fair value

Earnings are forecast to grow 23.5% per year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Has a high level of debt

Meko AB (publ) Competitors

Lookers

LSE:LOOK

UK£503.2m

Halfords Group

LSE:HFD

UK£287.2m

Vertu Motors

AIM:VTU

UK£199.5m

Card Factory

LSE:CARD

UK£300.6m

Price History & Performance

Summary of all time highs, changes and price drops for Meko
Historical stock prices
Current Share Price	SEK 112.20
52 Week High	SEK 116.95
52 Week Low	SEK 104.15
Beta	1.47
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-18.70%
5 Year Change	56.92%
Change since IPO	-46.95%

Recent updates

Shareholder Returns

	MEKOS	GB Specialty Retail	GB Market
7D	0%	-4.6%	2.2%
1Y	n/a	-7.3%	8.0%

Return vs Industry: Insufficient data to determine how MEKOS performed against the UK Specialty Retail industry.

Return vs Market: Insufficient data to determine how MEKOS performed against the UK Market.

Price Volatility

Is MEKOS's price volatile compared to industry and market?
MEKOS volatility
MEKOS Average Weekly Movement	n/a
Specialty Retail Industry Average Movement	4.6%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: MEKOS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine MEKOS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1973	6,300	Pehr Oscarson	meko.com

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.

Meko AB (publ) Fundamentals Summary

How do Meko's earnings and revenue compare to its market cap?
MEKOS fundamental statistics
Market cap	SEK 6.44b
Earnings (TTM)	SEK 391.00m
Revenue (TTM)	SEK 17.62b

16.5x

P/E Ratio

0.4x

P/S Ratio

Is MEKOS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEKOS income statement (TTM)
Revenue	SEK 17.62b
Cost of Revenue	SEK 9.77b
Gross Profit	SEK 7.85b
Other Expenses	SEK 7.46b
Earnings	SEK 391.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 22, 2024

Earnings per share (EPS)	6.98
Gross Margin	44.54%
Net Profit Margin	2.22%
Debt/Equity Ratio	56.1%

How did MEKOS perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

53%

Payout Ratio

Does MEKOS pay a reliable dividends?

See MEKOS dividend history and benchmarks

When do you need to buy MEKOS by to receive an upcoming dividend?
Meko dividend dates
Ex Dividend Date	Nov 15 2024
Dividend Pay Date	Nov 21 2024
Days until Ex dividend	10 days
Days until Dividend pay date	4 days

Does MEKOS pay a reliable dividends?

See MEKOS dividend history and benchmarks

MEKOS Stock Overview

Rewards

Risk Analysis

Meko AB (publ) Competitors

LSE:LOOK

UK£503.2m

LSE:HFD

UK£287.2m

AIM:VTU

UK£199.5m

LSE:CARD

UK£300.6m

Price History & Performance

Recent News & Updates

Meko AB (publ) Announces Nomination Committee for 2025 Annual General Meeting

Meko AB (publ) (OM:MEKO) completed the acquisition of ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L.

Meko AB (publ) acquired Automeister A S

Meko AB (publ) Announces Step Down of Michael Løve as Board Member

Meko AB (Publ) Approves Dividend, Payable on 23 May 2024 and 21 November 2024 Respectively

Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from LKQ Corporation (NasdaqGS:LKQ).

Recent updates

Meko AB (publ) Announces Nomination Committee for 2025 Annual General Meeting

Meko AB (publ) (OM:MEKO) completed the acquisition of ELIT Polska sp. z o. o. from Rhiag - Inter Auto Parts Italia S.R.L.

Meko AB (publ) acquired Automeister A S

Meko AB (publ) Announces Step Down of Michael Løve as Board Member

Meko AB (Publ) Approves Dividend, Payable on 23 May 2024 and 21 November 2024 Respectively

Meko AB (publ) (OM:MEKO) has entered into a definitive agreement to acquire ELIT Polska sp. z o. o. from LKQ Corporation (NasdaqGS:LKQ).

Meko AB (publ) Proposes Dividend, Payable on May 23, 2024 and November 21, 2024

Meko AB (publ) to Report Fiscal Year 2023 Final Results on Mar 27, 2024

Meko AB (Publ) Proposes Dividend

MEKO AB (publ) Appoints Christer Johansson as Chief Financial Officer, Effective February 19, 2024

Meko AB (publ) to Report Q1, 2024 Results on May 16, 2024

Meko AB (publ), Annual General Meeting, May 16, 2024

MEKO Appoints Anders Oxelström as New Director of Communications, Effective December 18, 2023

Meko AB (publ) Announces Establishment of Nomination Committee

President & CEO recently bought kr1.0m worth of stock

Second quarter 2023 earnings released: EPS: kr3.02 (vs kr1.73 in 2Q 2022)

AB Sagax (publ) (OM:SAGA A) acquired 6 central warehouse properties in Finland from Meko AB (publ) (OM:MEKO) for EUR 36.5 million.

Meko AB (Publ) Approves Dividend, Payable on May 30, 2023 and November 28, 2023 Respectively

Åsa Källenius Resigns as Chief Finance Officer in Meko AB (publ)

Full year 2022 earnings released: EPS: kr8.12 (vs kr10.21 in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

Meko AB to Report Fiscal Year 2023 Results on Feb 14, 2024

Meko AB Proposes Dividend for the Year 2022

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Meko AB Launches User-Friendly Booking Solution for Car Services in Northern Europe

Less than half of directors are independent

Pehr Oscarsson acquired Meko AB (OM:MEKO) SEK 1.30 million.

Meko AB Establishes Nomination Committee

Less than half of directors are independent

Meko AB (OM : MEKO) acquired Koivunen Oy for enterprise value of SEK 1.3 billion.

Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion.

Meko AB (OM : MEKO) entered into an agreement to acquire Koivunen Oy for enterprise value of SEK 1.3 billion.

Mekonomen AB (Publ) Resolves on Dividend, Payable on May 30, 2022

Mekonomen AB (publ) Proposes Dividend, Payable on 30 May 2022

Less than half of directors are independent

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Mekonomen AB (publ) Proposes a Dividend for 2021

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

President & CEO recently bought kr480k worth of stock

Second quarter 2021 earnings released: EPS kr3.24 (vs kr2.49 in 2Q 2020)

Less than half of directors are independent

Independent Director has left the company

Chairman of the Board John Quinn has left the company

First quarter 2021 earnings released: EPS kr1.85 (vs kr0.28 loss in 1Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS kr7.67 (vs kr7.33 in FY 2019)

New 90-day high: kr116

President & CEO recently bought kr1.1m worth of stock

Mekonomen Launches New Service Agreement for Swedish Car Owners

Full year 2020 earnings released: EPS kr7.67 (vs kr7.33 in FY 2019)

Revenue misses expectations

Mekonomen AB (publ) Announces Nomination Committee for the AGM 2021

New 90-day high: kr101