MEKO 📈 Mekonomen AB - Overview

Exchange: ST • Country: Sweden • Currency: SEK • Type: Common Stock • ISIN: SE0002110064

MEKO: Spare, Parts, Consumables, Tools, Accessories, Services, Solutions

Mekonomen AB, now operating as Meko AB, is a key player in the automotive aftermarket industry, with a presence in multiple countries including Sweden, Norway, Denmark, Poland, Estonia, Latvia, Lithuania, and Finland. The company's product portfolio encompasses a wide range of spare parts, consumables, and tools, in addition to offering workshop services and car accessories. These products and services are made available under various brands, including ProMeister and Carwise, catering to the diverse needs of both individual consumers and corporate clients.

Through its extensive network of branches, affiliated workshops, and wholesale and logistics operations, Meko AB provides a comprehensive suite of solutions designed to meet the evolving demands of the automotive aftermarket. The company's customer base is served through a multitude of brands, such as AutoMester, AlltiBil, BilXtra, CarPeople, Din Bilpartner, Hella Servicepartner, Inter Data Service, MECA BIlservice, Mekonomen Bilverkstad, MekoPartner, O.K. Serwis, and Speedy, each tailored to specific market segments and customer preferences. This diversified approach enables Meko AB to maintain a strong market presence and adapt to changing consumer behaviors and technological advancements in the automotive sector.

With a history dating back to 1973, Meko AB has established itself as a veteran in the automotive aftermarket business, with its headquarters located in Stockholm, Sweden. The company's official website, https://meko.com, serves as a central hub for information on its products, services, and corporate activities. Listed with the ISIN SE0002110064, Meko AB's common stock falls under the GICS Sub Industry category of Automotive Retail, reflecting its core business focus on the automotive aftermarket and related retail services.

Additional Sources for MEKO Stock

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

MEKO Stock Overview

Market Cap in USD 686m
Sector Consumer Cyclical
Industry Auto Parts
GiC Sub-Industry Automotive Retail
IPO / Inception

MEKO Stock Ratings

Growth 5y 42.2%
Fundamental 32.2%
Dividend 40.3%
Rel. Strength Industry -16.6
Analysts -
Fair Price Momentum 129.84 SEK
Fair Price DCF 967.67 SEK

MEKO Dividends

Dividend Yield 12m 2.83%
Yield on Cost 5y 4.34%
Annual Growth 5y 4.88%
Payout Consistency 80.8%

MEKO Growth Ratios

Growth Correlation 3m -25.7%
Growth Correlation 12m 81.2%
Growth Correlation 5y 44%
CAGR 5y 8.86%
CAGR/Mean DD 5y 0.35
Sharpe Ratio 12m 0.73
Alpha -3.90
Beta 1.01
Volatility 34.70%
Current Volume 49.8k
Average Volume 20d 96.2k
What is the price of MEKO stocks?
As of December 28, 2024, the stock is trading at SEK 130.60 with a total of 49,760 shares traded.
Over the past week, the price has changed by -6.18%, over one month by -0.31%, over three months by -1.78% and over the past year by +23.16%.
Is Mekonomen AB a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Mekonomen AB is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 32.23 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MEKO as of December 2024 is 129.84. This means that MEKO is currently overvalued and has a potential downside of -0.58%.
Is MEKO a buy, sell or hold?
Mekonomen AB has no consensus analysts rating.
What are the forecast for MEKO stock price target?
According to ValueRays Forecast Model, MEKO Mekonomen AB will be worth about 141.6 in December 2025. The stock is currently trading at 130.60. This means that the stock has a potential upside of +8.41%.
Issuer Forecast Upside
Wallstreet Target Price 162.5 24.4%
Analysts Target Price - -
ValueRay Target Price 141.6 8.4%