AS Merko Ehitus/€MRK1T
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About AS Merko Ehitus
- Ticker
- €MRK1T
- Sector
- Industrials
- Primary listing
- XTAL
- Employees
- 613
- Headquarters
- Tallinn, Estonia
- Website
- group.merko.ee
AS Merko Ehitus Metrics
BasicAdvanced
€478M
16.67
€1.62
0.13
€1.25
4.63%
Price and volume
Market cap
€478M
Beta
0.13
52-week high
€33.10
52-week low
€26.30
Average daily volume
1.7K
Dividend rate
€1.25
Financial strength
Current ratio
2.576
Quick ratio
0.875
Long term debt to equity
0.226
Total debt to equity
0.257
Dividend payout ratio (TTM)
77.23%
Interest coverage (TTM)
24.59%
Profitability
EBITDA (TTM)
23.494
Gross margin (TTM)
12.45%
Net profit margin (TTM)
8.49%
Operating margin (TTM)
6.16%
Effective tax rate (TTM)
3.34%
Revenue per employee (TTM)
€550,000
Management effectiveness
Return on assets (TTM)
2.94%
Return on equity (TTM)
11.00%
Valuation
Price to earnings (TTM)
16.666
Price to revenue (TTM)
1.416
Price to book
1.81
Price to tangible book (TTM)
1.82
Price to free cash flow (TTM)
-22.344
Free cash flow yield (TTM)
-4.48%
Free cash flow per share (TTM)
-1.208
Dividend yield (TTM)
4.63%
Forward dividend yield
4.63%
Growth
Revenue change (TTM)
-16.14%
Earnings per share change (TTM)
-49.31%
3-year revenue growth (CAGR)
-11.30%
10-year revenue growth (CAGR)
3.47%
3-year earnings per share growth (CAGR)
-16.81%
10-year earnings per share growth (CAGR)
12.09%
3-year dividend per share growth (CAGR)
7.72%
10-year dividend per share growth (CAGR)
9.38%
Bulls say / Bears say
Merko’s secured order book hit a record €836 million at the end of June, nearly double a year earlier. The Rūdninkai defence campus contracts have entered full construction, which should lift revenue in coming quarters. (GlobeNewswire)
A further defence-contract win could add upside beyond the current order book. Swedbank sees a possible 25% chance of Merko winning the Kairiai military-base project and estimates a win could add €1.21 per share in value. (Swedbank)
The balance sheet still gives Merko room to finance projects and development: at the end of June, equity was 57.4% of assets and net debt was €29.6 million. That offers some resilience while the business works through a volatile construction cycle. (GlobeNewswire)
First-half revenue fell 10.7% year on year and net profit attributable to shareholders dropped to €12.8 million from €21.7 million. The weaker results show that a larger order book has not yet translated into stronger earnings. (GlobeNewswire)
Construction input costs are rising, putting pressure on projects agreed at fixed prices. In the first quarter, the construction-services operating margin fell to 0.3% from 6.3% a year earlier, while private-sector clients remained cautious. (GlobeNewswire)
Apartment sales remain a weak spot: Merko sold 120 in the first half, down from 222 a year earlier, and only about 40% of its 1,253 completed or in-progress apartments had presale agreements. The company also says buyers across its markets are highly price-sensitive. (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
AS Merko Ehitus Financial Performance
Revenues and expenses
AS Merko Ehitus Earnings Performance
Company profitability
Upcoming events
No upcoming events
Latest price is delayed by 15 minutes. 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 Nasdaq Baltic.