Meko Future Growth

Future criteria checks 3/6

Meko is forecast to grow earnings and revenue by 16.9% and 2.6% per annum respectively. EPS is expected to grow by 16.7% per annum. Return on equity is forecast to be 10% in 3 years.

Key information

16.9%

Earnings growth rate

16.7%

EPS growth rate

Specialty Retail earnings growth	19.4%
Revenue growth rate	2.6%
Future return on equity	10.0%
Analyst coverage	Low
Last updated	03 Apr 2024

Recent future growth updates

Recent updates

Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet

Mar 28

Some Investors May Be Worried About Mekonomen's (STO:MEKO) Returns On Capital

Jan 23

Is There An Opportunity With Mekonomen AB (publ)'s (STO:MEKO) 22% Undervaluation?

Nov 16

Mekonomen AB (publ) (STO:MEKO) Shares Could Be 28% Below Their Intrinsic Value Estimate

Mar 15

Insider Buying: The Mekonomen AB (publ) (STO:MEKO) President & CEO Just Bought 4.5% More Shares

Mar 03

Earnings and Revenue Growth Forecasts

OM:MEKO - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	18,742	697	1,314	1,595	1
12/31/2025	18,378	610	1,274	1,531	1
12/31/2024	18,020	502	1,094	1,346	1
12/31/2023	17,278	419	1,021	1,252	N/A
9/30/2023	16,768	537	482	1,439	N/A
6/30/2023	16,256	488	365	1,312	N/A
3/31/2023	15,217	416	714	1,213	N/A
12/31/2022	14,391	454	840	1,048	N/A
9/30/2022	13,602	457	952	914	N/A
6/30/2022	12,872	501	811	891	N/A
3/31/2022	12,720	586	871	910	N/A
12/31/2021	12,552	572	1,053	1,227	N/A
9/30/2021	12,273	640	1,082	1,408	N/A
6/30/2021	12,158	594	1,111	1,479	N/A
3/31/2021	11,842	552	1,434	1,742	N/A
12/31/2020	11,701	432	1,473	1,625	N/A
9/30/2020	11,757	303	1,204	1,454	N/A
6/30/2020	11,789	290	1,228	1,358	N/A
3/31/2020	11,986	303	904	1,046	N/A
12/31/2019	12,017	413	1,011	1,142	N/A
9/30/2019	11,945	366	676	986	N/A
6/30/2019	10,901	339	377	605	N/A
3/31/2019	9,430	313	255	483	N/A
12/31/2018	7,951	260	110	331	N/A
9/30/2018	6,536	326	332	531	N/A
6/30/2018	6,063	330	312	565	N/A
3/31/2018	5,951	318	262	465	N/A
12/31/2017	6,000	361	332	496	N/A
9/30/2017	5,997	352	N/A	458	N/A
6/30/2017	6,016	344	N/A	458	N/A
3/31/2017	6,029	337	N/A	551	N/A
12/31/2016	5,934	335	N/A	544	N/A
9/30/2016	5,876	346	N/A	531	N/A
6/30/2016	5,849	375	N/A	608	N/A
3/31/2016	5,802	402	N/A	516	N/A
12/31/2015	5,761	423	N/A	439	N/A
9/30/2015	5,688	449	N/A	422	N/A
6/30/2015	5,622	474	N/A	380	N/A
3/31/2015	5,482	473	N/A	437	N/A
12/31/2014	5,390	460	N/A	413	N/A
9/30/2014	5,465	388	N/A	408	N/A
6/30/2014	5,543	351	N/A	403	N/A
3/31/2014	5,748	333	N/A	472	N/A
12/31/2013	5,863	307	N/A	557	N/A
9/30/2013	5,959	397	N/A	607	N/A
6/30/2013	5,975	389	N/A	664	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MEKO's forecast earnings growth (16.9% per year) is above the savings rate (0.9%).

Earnings vs Market: MEKO's earnings (16.9% per year) are forecast to grow faster than the Swedish market (13.4% per year).

High Growth Earnings: MEKO's earnings are forecast to grow, but not significantly.

Revenue vs Market: MEKO's revenue (2.6% per year) is forecast to grow faster than the Swedish market (1.6% per year).

High Growth Revenue: MEKO's revenue (2.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MEKO's Return on Equity is forecast to be low in 3 years time (10%).

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Meko Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 10%

Consensus EPS estimates fall by 24%

Price target decreased to kr140

Consensus forecasts updated

Price target decreased to kr140

Price target decreased to kr129

Recent updates

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

Consensus EPS estimates fall by 10%

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

President & CEO recently bought kr584k worth of stock

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Final dividend of kr1.85 announced

President & CEO recently bought kr2.2m worth of stock

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Meko AB (Publ) Proposes Dividend

Consensus EPS estimates fall by 24%

Upcoming dividend of kr2.20 per share at 3.2% yield

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

Third quarter 2023 earnings released: EPS: kr3.11 (vs kr2.24 in 3Q 2022)

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

President & CEO recently bought kr922k worth of stock

Meko AB (publ) Announces Establishment of Nomination Committee

President & CEO recently bought kr474k worth of stock

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

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

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

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)

President & CEO recently bought kr1.2m worth of stock

Upcoming dividend of kr1.10 per share at 2.8% yield

First quarter 2023 earnings released: EPS: kr1.43 (vs kr2.11 in 1Q 2022)

Full year 2022 earnings: EPS and revenues exceed analyst expectations

President & CEO recently bought kr1.7m worth of stock

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

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

Meko AB Proposes Dividend for the Year 2022

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

Price target decreased to kr140

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: kr2.23 (vs kr3.02 in 3Q 2021)

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

Meko AB Establishes Nomination Committee

Consensus forecasts updated

Price target decreased to kr140

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Chairman of Board recently bought kr894k worth of stock

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

Upcoming dividend of kr3.00 per share

First quarter 2022 earnings: EPS misses analyst expectations

Less than half of directors are independent

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

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Mekonomen AB (publ) Proposes a Dividend for 2021

Some Investors May Be Worried About Mekonomen's (STO:MEKO) Returns On Capital

Independent Director recently bought kr149k worth of stock

Is There An Opportunity With Mekonomen AB (publ)'s (STO:MEKO) 22% Undervaluation?

Investor sentiment deteriorated over the past week

Price target decreased to kr129

President & CEO recently bought kr446k worth of stock

Third quarter 2021 earnings released: EPS kr3.02 (vs kr2.18 in 3Q 2020)

Should You Investigate Mekonomen AB (publ) (STO:MEKO) At kr161?

President & CEO recently bought kr480k worth of stock

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

Is Mekonomen (STO:MEKO) Using Too Much Debt?

Investor sentiment improved over the past week

Calculating The Fair Value Of Mekonomen AB (publ) (STO:MEKO)

Does Mekonomen (STO:MEKO) Deserve A Spot On Your Watchlist?