Meko AB (publ)

OM:MEKO Stock Report

Market Cap: SEK 4.3b

Meko Valuation

Is MEKO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of MEKO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Below Future Cash Flow Value: MEKO (SEK76.35) is trading below our estimate of future cash flow value (SEK430.54)

Significantly Below Future Cash Flow Value: MEKO is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MEKO?

Key metric: As MEKO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MEKO. This is calculated by dividing MEKO's market cap by their current earnings.
What is MEKO's PE Ratio?
PE Ratio98.8x
EarningsSEK 43.00m
Market CapSEK 4.25b

Price to Earnings Ratio vs Peers

How does MEKO's PE Ratio compare to its peers?

The above table shows the PE ratio for MEKO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.1x
ZZ B Zinzino
14.2x10.70%SEK 5.4b
TURA Tura Group
20.9xn/aSEK 241.2m
BHG BHG Group
37.9x38.22%SEK 4.3b
RVRC RVRC Holding
19.4x12.93%SEK 6.5b
MEKO Meko
98.8x48.09%SEK 4.3b

Price-To-Earnings vs Peers: MEKO is expensive based on its Price-To-Earnings Ratio (98.8x) compared to the peer average (23.1x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does MEKO's PE Ratio compare vs other companies in the European Retail Distributors Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MEKO 98.8xIndustry Avg. 13.0xNo. of Companies4PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MEKO is expensive based on its Price-To-Earnings Ratio (98.8x) compared to the European Retail Distributors industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is MEKO'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.

MEKO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio98.8x
Fair PE Ratio45x

Price-To-Earnings vs Fair Ratio: MEKO is expensive based on its Price-To-Earnings Ratio (98.8x) compared to the estimated Fair Price-To-Earnings Ratio (45x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MEKO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 76.35
SEK 95.00
+24.43%
5.26%SEK 100.00SEK 90.00n/a2
Jun ’27SEK 76.45
SEK 95.00
+24.26%
5.26%SEK 100.00SEK 90.00n/a2
May ’27SEK 67.60
SEK 107.00
+58.28%
15.89%SEK 124.00SEK 90.00n/a2
Apr ’27SEK 69.30
SEK 112.00
+61.62%
10.71%SEK 124.00SEK 100.00n/a2
Mar ’27SEK 66.50
SEK 112.00
+68.42%
10.71%SEK 124.00SEK 100.00n/a2
Feb ’27SEK 70.90
SEK 115.50
+62.91%
13.42%SEK 131.00SEK 100.00n/a2
SEK 95
Fair Value
19.6% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 19:17
End of Day Share Price 2026/06/16 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