ME Stock Overview
Modern Ekonomi Sverige Holding AB (publ) offers accounting and Bookkeeping services in Sweden.
Modern Ekonomi Sverige Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr8.41|
|52 Week High||kr33.60|
|52 Week Low||kr8.05|
|1 Month Change||-14.53%|
|3 Month Change||-16.24%|
|1 Year Change||-50.24%|
|3 Year Change||180.33%|
|5 Year Change||110.25%|
|Change since IPO||5.13%|
Recent News & Updates
What Does Modern Ekonomi Sverige Holding's (STO:ME) CEO Pay Reveal?
Frans Blom has been the CEO of Modern Ekonomi Sverige Holding AB (publ) ( STO:ME ) since 2014, and this article will...
|ME||SE Professional Services||SE Market|
Return vs Industry: ME underperformed the Swedish Professional Services industry which returned -37.1% over the past year.
Return vs Market: ME underperformed the Swedish Market which returned -25.4% over the past year.
|ME Average Weekly Movement||9.0%|
|Professional Services Industry Average Movement||5.9%|
|Market Average Movement||7.0%|
|10% most volatile stocks in SE Market||11.5%|
|10% least volatile stocks in SE Market||4.4%|
Stable Share Price: ME is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ME's weekly volatility has decreased from 21% to 9% over the past year, but is still higher than 75% of Swedish stocks.
About the Company
Modern Ekonomi Sverige Holding AB (publ) offers accounting and Bookkeeping services in Sweden. The company offers Modern Aktiebok to establish and maintain a share register with a list of the company's shares and its owners; Modern Avtalshantering, which gives control of contract expiration and the system's alarm function; Modern Online, a platform that enables access to company’s business system; Modern Presentation, a digital service that offers control and overview of the company's financials; Modern Scanning that digitalizes supplier invoices; and Modern Utlagg & Resa, which handles expenses and remuneration. It also provides Modern Frilans, which allows billing and monitoring of invoices, debt collection, salary administration, and payment of salary to account; ME finans, which allows the user to send discount invoices; ME Inkasso, where the user can manage debt collection cases; and ME Konsult that helps customers in various phases, such as capital needs, management, changes in ownership structure, and changes in capital.
Modern Ekonomi Sverige Holding Fundamentals Summary
|ME fundamental statistics|
Is ME overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ME income statement (TTM)|
|Cost of Revenue||kr79.96m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.066|
|Net Profit Margin||1.08%|
How did ME perform over the long term?See historical performance and comparison
Is ME undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ME?
Other financial metrics that can be useful for relative valuation.
|What is ME's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ME's PE Ratio compare to its peers?
|ME PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
VIMAB Vimab Group
EURO Eurocon Consulting
PENG B Projektengagemang Sweden
NOVU Novus Group International
ME Modern Ekonomi Sverige Holding
Price-To-Earnings vs Peers: ME is expensive based on its Price-To-Earnings Ratio (127.3x) compared to the peer average (9.3x).
Price to Earnings Ratio vs Industry
How does ME's PE Ratio compare vs other companies in the European Professional Services Industry?
Price-To-Earnings vs Industry: ME is expensive based on its Price-To-Earnings Ratio (127.3x) compared to the European Professional Services industry average (17.1x)
Price to Earnings Ratio vs Fair Ratio
What is ME's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||127.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ME's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ME's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ME's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Modern Ekonomi Sverige Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Commercial Services 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 Modern Ekonomi Sverige Holding 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.
Discover growth companies
- Take a look at our analysis of ME’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Modern Ekonomi Sverige Holding competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Modern Ekonomi Sverige Holding performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ME has high quality earnings.
Growing Profit Margin: ME's current net profit margins (1.1%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: ME has become profitable over the past 5 years, growing earnings by 72.3% per year.
Accelerating Growth: ME's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ME had negative earnings growth (-9.2%) over the past year, making it difficult to compare to the Professional Services industry average (70.2%).
Return on Equity
High ROE: ME's Return on Equity (7.1%) is considered low.
Discover strong past performing companies
How is Modern Ekonomi Sverige Holding's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ME's short term assets (SEK59.1M) exceed its short term liabilities (SEK36.0M).
Long Term Liabilities: ME's short term assets (SEK59.1M) exceed its long term liabilities (SEK15.0M).
Debt to Equity History and Analysis
Debt Level: ME's net debt to equity ratio (109%) is considered high.
Reducing Debt: ME's debt to equity ratio has increased from 106.5% to 115.1% over the past 5 years.
Debt Coverage: ME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ME's interest payments on its debt are well covered by EBIT (8x coverage).
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What is Modern Ekonomi Sverige Holding current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Modern Ekonomi Sverige Holding Dividend Yield vs Market|
|Company (Modern Ekonomi Sverige Holding)||n/a|
|Market Bottom 25% (SE)||1.8%|
|Market Top 25% (SE)||6.0%|
|Industry Average (Professional Services)||5.9%|
|Analyst forecast in 3 Years (Modern Ekonomi Sverige Holding)||n/a|
Notable Dividend: Unable to evaluate ME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ME's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ME's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ME has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jens-Oskar Goransson (41 yo)
Mr. Jens-Oskar Goransson is CEO of Modern Ekonomi Sverige Holding AB (publ) from 2021. Jens-Oskar Goransson is Director of Modern Ekonomi Sverige Holding AB (publ) from 2020.
Experienced Management: ME's management team is considered experienced (2.3 years average tenure).
Experienced Board: ME's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Modern Ekonomi Sverige Holding AB (publ)'s employee growth, exchange listings and data sources
- Name: Modern Ekonomi Sverige Holding AB (publ)
- Ticker: ME
- Exchange: OM
- Founded: 2003
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Implied Market Cap: kr124.249m
- Shares outstanding: 14.77m
- Website: https://www.modernekonomi.se
Number of Employees
- Modern Ekonomi Sverige Holding AB (publ)
- Munkgatan 7
- Västmanland County
- 722 12
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ME||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Feb 2014|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/06 00:00|
|End of Day Share Price||2022/10/06 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.