Meko AB/Skr MEKO
MEKO shares rise after CEO Pehr Oscarsson buys 25,000 shares worth about SEK1.6m, signalling confidence in the company.
4 hours agoLightyear AI
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About Meko AB
Meko AB operates in the automotive service and spare parts industry, providing maintenance and repair services along with a comprehensive range of automotive spare parts and accessories. Headquartered in Sweden, the company serves a broad geographic footprint, focusing primarily on the Nordic region and Eastern Europe. Meko AB is known for its extensive network of affiliated workshops and retail stores, offering a wide product range that caters to both consumer and professional needs. The company emphasizes sustainability and innovation in its operations, aiming to provide quality service while minimizing environmental impact. Meko AB's strategic positioning leverages strong regional presence and a diversified supply chain to meet demands efficiently across its operational markets.
- Ticker
- Skr MEKO
- Sector
- Consumer Discretionary
- Primary listing
- XSTO
- Employees
- 5,800
- Headquarters
- Stockholm, Sweden
- Website
- meko.com
Meko AB Metrics
BasicAdvanced
kr 3.6B
28.20
kr 2.33
0.88
kr 1.95
2.97%
Price and volume
Market cap
kr 3.6B
Beta
0.88
52-week high
kr 84.00
52-week low
kr 62.80
Average daily volume
65K
Dividend rate
kr 1.95
Financial strength
Current ratio
1.595
Quick ratio
0.652
Long term debt to equity
0.895
Total debt to equity
1.021
Dividend payout ratio (TTM)
83.85%
Interest coverage (TTM)
1.70%
Profitability
EBITDA (TTM)
866
Gross margin (TTM)
42.85%
Net profit margin (TTM)
0.71%
Operating margin (TTM)
3.41%
Effective tax rate (TTM)
30.57%
Revenue per employee (TTM)
kr 3,150,000
Management effectiveness
Return on assets (TTM)
2.18%
Return on equity (TTM)
2.55%
Valuation
Price to earnings (TTM)
28.204
Price to revenue (TTM)
0.2
Price to book
0.58
Price to tangible book (TTM)
4.53
Price to free cash flow (TTM)
3.718
Free cash flow yield (TTM)
26.90%
Free cash flow per share (TTM)
17.686
Dividend yield (TTM)
2.97%
Growth
Revenue change (TTM)
-2.13%
Earnings per share change (TTM)
-50.22%
3-year revenue growth (CAGR)
3.99%
10-year revenue growth (CAGR)
12.07%
3-year earnings per share growth (CAGR)
-35.63%
10-year earnings per share growth (CAGR)
-13.94%
Bulls say / Bears say
MEKO’s profitability turnaround is gaining traction: second-quarter adjusted EBIT rose 32% to SEK 232 million, and both Poland and Finland returned to profit. Lower costs and a stronger gross margin drove the improvement. (Inderes)
Debt reduction is moving in the right direction, with net debt to EBITDA falling to 3.4 from 4.0 at the start of the year. Continued earnings improvement and disciplined capital allocation could bring MEKO closer to its 2.0–3.0 target range. (Inderes)
MEKO is building a broader online sales channel through Mekster, which has expanded its range by almost 130% and launched in Finland and Denmark. Its Nordic reach and new AI-assisted features could help it capture more sales from private motorists. (MEKO)
Sales momentum remains weak: second-quarter organic growth was flat, with declines in Sweden/Norway and Sørensen og Balchen. MEKO also said the Norwegian warehouse transition still required system and process adjustments. (Inderes)
Leverage remains above MEKO’s stated target, at 3.4 times net debt to EBITDA versus a target ceiling of 3.0. That leaves the company needing further debt reduction before it reaches its preferred range. (Inderes)
Demand and competition could limit a recovery: MEKO reported that some customers postponed non-essential repairs and that competition among parts wholesalers, workshops and stores remained intense. These pressures make a return to meaningful organic growth harder. (Inderes)
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 2026.
Meko AB Financial Performance
Revenues and expenses
Meko AB Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Meko AB
Fund name | Fund size | Skr MEKO weighting |
|---|---|---|
Vanguard ESG Global All Cap£V3AB | £905M | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.