Meko AB (publ)

OM:MEKO Stock Report

Market Cap: SEK 4.2b

Meko Past Earnings Performance

Past criteria checks 1/6

Meko's earnings have been declining at an average annual rate of -23.6%, while the Retail Distributors industry saw earnings growing at 4.6% annually. Revenues have been growing at an average rate of 10.3% per year. Meko's return on equity is 1.1%, and it has net margins of 0.2%.

Key information

-23.63%

Earnings growth rate

-23.55%

EPS growth rate

Retail Distributors Industry Growth14.88%
Revenue growth rate10.26%
Return on equity1.14%
Net Margin0.24%
Next Earnings Update23 Jul 2026

Recent past performance updates

Analysis Article May 15

There May Be Reason For Hope In Meko's (STO:MEKO) Disappointing Earnings

Soft earnings didn't appear to concern Meko AB (publ)'s ( STO:MEKO ) shareholders over the last week. Our analysis...

Recent updates

Narrative Update Jun 01

MEKO: Steady Margins And Lower Discount Rate Will Support Future Upside

Analysts have adjusted their price target for Meko to SEK95. This reflects slightly revised assumptions around the discount rate and future P/E, while keeping the fair value broadly unchanged.
Analysis Article May 15

There May Be Reason For Hope In Meko's (STO:MEKO) Disappointing Earnings

Soft earnings didn't appear to concern Meko AB (publ)'s ( STO:MEKO ) shareholders over the last week. Our analysis...
Narrative Update May 13

MEKO: Higher Margins And Lower Discount Rate Will Support Future Upside

Analysts have reduced their SEK 107 price target on Meko to SEK 95, citing updated assumptions that combine a lower P/E multiple with higher projected revenue growth and profit margins, along with a slightly reduced discount rate. Valuation Changes Fair Value: Target reduced from SEK 107 to SEK 95, a decline of about 11%.
Narrative Update Apr 28

MEKO: Modestly Higher Discount Rate Will Still Support Undervalued Upside Potential

Analysts have trimmed their price target for Meko from SEK112 to SEK107, citing slightly higher discount rate assumptions and a modestly lower future P/E multiple in their updated models. Valuation Changes Fair Value: Trimmed from SEK112 to SEK107, a reduction of around 4.5% in the updated model.
Narrative Update Apr 13

MEKO: Stable Assumptions Will Support Further Undervalued Upside Potential

Analysts have kept their SEK fair value estimate for Meko broadly unchanged at SEK 112. This reflects only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions, rather than a shift in overall conviction.
Narrative Update Mar 30

MEKO: Steady Assumptions Will Sustain Perceived Undervalued Upside

Analysts have maintained their SEK 112.0 price target for Meko, reflecting only minor adjustments to assumptions around the discount rate, revenue growth, profit margin and future P/E that leave their overall view effectively unchanged. Valuation Changes Fair Value: SEK 112.0 is unchanged, with no practical movement from the prior SEK 112 level.
Narrative Update Mar 15

MEKO: Lower Discount Rate Will Support Perceived Undervalued Upside

Analysts have kept their fair value estimate for Meko steady at SEK 112. A slightly lower discount rate and a marginally reduced assumed future P/E help support the unchanged price target, despite only very small tweaks to revenue growth and profit margin assumptions.
Narrative Update Mar 01

MEKO: Higher Future P/E Will Support Perceived Undervalued Upside

Analysts have maintained their SEK 112.0 price target for Meko, noting only minor adjustments to the discount rate and assumed future P/E as they update their valuation inputs. Valuation Changes Fair Value: SEK 112.0 remains unchanged, with the updated figure aligned exactly to the prior SEK 112 estimate.
Narrative Update Feb 15

MEKO: Higher Future P/E Will Support Perceived Undervalued Upside

Analysts have adjusted their price target on Meko from SEK115.50 to SEK112.00. This reflects updated views on the balance between slightly higher revenue growth assumptions, lower profit margin expectations and a higher future P/E multiple.
Analysis Article Feb 15

Meko AB (publ) Just Missed EPS By 61%: Here's What Analysts Think Will Happen Next

Last week, you might have seen that Meko AB (publ) ( STO:MEKO ) released its full-year result to the market. The early...
New Narrative Feb 02

Warehouse And E Commerce Growing Pains Will Eventually Support Healthier Margins

Catalysts About Meko Meko operates automotive aftermarket wholesale and logistics networks across the Nordics and parts of Central and Eastern Europe, supplying parts, services and e-commerce solutions to workshops and end customers. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 01

MEKO: Stable Assumptions And Future P/E Will Support Undervalued Upside

Analysts have kept their fair value estimate for Meko steady at SEK 115.50, with only small tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E, which feed into an updated price target narrative. Valuation Changes Fair Value Estimate: Held steady at SEK 115.50, with no change between the previous and updated assessment.
Narrative Update Jan 18

MEKO: Future Profitability Assumptions Will Support A More Attractive P/E

Analysts now place Meko's fair value at €115.50, down from €132, reflecting updated assumptions around revenue growth, margin potential, and a lower forward P/E of 6.80 compared with 10.11 previously. Valuation Changes Fair Value: Reduced from €132.00 to €115.50, reflecting updated modelling inputs.
Analysis Article Oct 31

Meko (STO:MEKO) Will Pay A Dividend Of SEK1.95

Meko AB (publ) ( STO:MEKO ) has announced that it will pay a dividend of SEK1.95 per share on the 20th of November...
Analysis Article Oct 04

Here's Why Meko (STO:MEKO) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 16

Meko (STO:MEKO) Is Due To Pay A Dividend Of SEK1.95

Meko AB (publ)'s ( STO:MEKO ) investors are due to receive a payment of SEK1.95 per share on 20th of November. This...
Analysis Article Aug 02

There May Be Reason For Hope In Meko's (STO:MEKO) Disappointing Earnings

The most recent earnings report from Meko AB (publ) ( STO:MEKO ) was disappointing for shareholders. While the headline...
Analysis Article Jul 30

Meko AB (publ) Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

It's been a mediocre week for Meko AB (publ) ( STO:MEKO ) shareholders, with the stock dropping 19% to kr88.50 in the...
Analysis Article Jul 12

Meko (STO:MEKO) Is Due To Pay A Dividend Of SEK1.95

Meko AB (publ) ( STO:MEKO ) has announced that it will pay a dividend of SEK1.95 per share on the 20th of November...
Analysis Article May 27

Meko's (STO:MEKO) Dividend Will Be SEK1.95

The board of Meko AB (publ) ( STO:MEKO ) has announced that it will pay a dividend of SEK1.95 per share on the 20th of...
Analysis Article May 13

Meko (STO:MEKO) Will Pay A Larger Dividend Than Last Year At SEK1.95

Meko AB (publ) ( STO:MEKO ) will increase its dividend from last year's comparable payment on the 22nd of May to...
Analysis Article May 09

Meko AB (publ)'s (STO:MEKO) CEO Compensation Looks Acceptable To Us And Here's Why

Key Insights Meko to hold its Annual General Meeting on 15th of May Salary of kr6.92m is part of CEO Pehr Oscarson's...
Analysis Article Apr 12

Meko (STO:MEKO) Is Increasing Its Dividend To SEK1.95

Meko AB (publ) ( STO:MEKO ) has announced that it will be increasing its dividend from last year's comparable payment...
User avatar
New Narrative Feb 26

Automated Warehouses Will Improve Operational Efficiency In Denmark, Norway, And Finland

Completion of new automated warehouses and integration efforts in Poland are set to improve efficiency, margins, and profitability.
Analysis Article Nov 14

Some Investors May Be Willing To Look Past Meko's (STO:MEKO) Soft Earnings

Investors were disappointed with the weak earnings posted by Meko AB (publ) ( STO:MEKO ). However, our analysis...

Revenue & Expenses Breakdown

How Meko makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OM:MEKO Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2618,240436,2440
31 Dec 2518,367366,3560
30 Sep 2518,529426,4580
30 Jun 2518,6792626,4780
31 Mar 2518,8374296,4240
31 Dec 2418,5494336,3040
30 Sep 2418,3064336,2360
30 Jun 2417,9223826,1140
31 Mar 2417,6163916,0190
31 Dec 2317,2784195,9050
30 Sep 2316,7685375,6900
30 Jun 2316,2554885,5710
31 Mar 2315,2174165,3130
31 Dec 2214,3914545,0150
30 Sep 2213,6024574,7560
30 Jun 2212,8725014,4520
31 Mar 2212,7205864,2620
31 Dec 2112,5525724,1430
30 Sep 2112,2736404,0380
30 Jun 2112,1585943,9830
31 Mar 2111,8425523,8890
31 Dec 2011,7014323,9200
30 Sep 2011,7573033,9210
30 Jun 2011,7892903,9650
31 Mar 2011,9863034,0050
31 Dec 1912,0174133,9510
30 Sep 1911,9453664,1060
30 Jun 1910,9013393,9600
31 Mar 199,4303133,7110
31 Dec 187,9512603,4130
30 Sep 186,5363262,9290
30 Jun 186,0633302,7360
31 Mar 185,9513182,6640
31 Dec 176,0003612,6350
30 Sep 175,9973522,6200
30 Jun 176,0163442,6340
31 Mar 176,0293372,6330
31 Dec 165,9343352,5950
30 Sep 165,8763462,5580
30 Jun 165,8493752,5170
31 Mar 165,8024022,4730
31 Dec 155,7614232,4490
30 Sep 155,6884492,3850
30 Jun 155,6224742,3260

Quality Earnings: MEKO has high quality earnings.

Growing Profit Margin: MEKO's current net profit margins (0.2%) are lower than last year (2.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MEKO's earnings have declined by 23.6% per year over the past 5 years.

Accelerating Growth: MEKO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MEKO had negative earnings growth (-90%) over the past year, making it difficult to compare to the Retail Distributors industry average (0.4%).


Return on Equity

High ROE: MEKO's Return on Equity (1.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 22:03
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Meko AB (publ) is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristian KierkegaardABG Sundal Collier Sponsored
Mikael LöfdahlCarnegie Investment Bank AB
Nathan PowellCFRA Research