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
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 |
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%.
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%.
Mekonomen AB has no consensus analysts rating.
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% |