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ME Stock Overview
Modern Ekonomi Sverige Holding AB (publ) offers accounting and Bookkeeping services in Sweden. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Modern Ekonomi Sverige Holding AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 10.00 |
| 52 Week High | SEK 14.12 |
| 52 Week Low | SEK 5.00 |
| Beta | 0.43 |
| 1 Month Change | 0% |
| 3 Month Change | 54.32% |
| 1 Year Change | -23.08% |
| 3 Year Change | 358.72% |
| 5 Year Change | 203.03% |
| Change since IPO | 25.00% |
Recent News & Updates
Shareholder Returns
| ME | SE Professional Services | SE Market | |
|---|---|---|---|
| 7D | 5.5% | -0.1% | -1.6% |
| 1Y | -23.1% | 9.8% | 8.4% |
Return vs Industry: ME underperformed the Swedish Professional Services industry which returned 10.7% over the past year.
Return vs Market: ME underperformed the Swedish Market which returned 0.2% over the past year.
Price Volatility
| ME volatility | |
|---|---|
| ME Average Weekly Movement | 11.6% |
| Professional Services Industry Average Movement | 5.0% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in SE Market | 11.5% |
| 10% least volatile stocks in SE Market | 3.3% |
Stable Share Price: ME's share price has been volatile over the past 3 months.
Volatility Over Time: ME's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 120 | Jens-Oskar Goransson | www.modernekonomi.se |
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 AB (publ) Fundamentals Summary
| ME fundamental statistics | |
|---|---|
| Market cap | SEK 147.74m |
| Earnings (TTM) | SEK 3.46m |
| Revenue (TTM) | SEK 94.44m |
42.7x
P/E Ratio1.6x
P/S RatioIs ME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ME income statement (TTM) | |
|---|---|
| Revenue | SEK 94.44m |
| Cost of Revenue | SEK 64.23m |
| Gross Profit | SEK 30.21m |
| Other Expenses | SEK 26.75m |
| Earnings | SEK 3.46m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.23 |
| Gross Margin | 31.99% |
| Net Profit Margin | 3.66% |
| Debt/Equity Ratio | 151.0% |
How did ME perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/05/07 09:17 |
| End of Day Share Price | 2023/05/03 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Modern Ekonomi Sverige Holding AB (publ) is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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