Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Meko AB is a leading Sweden-based company operating in the automotive aftermarket sector across Northern Europe. It serves as the largest player in the region, providing spare parts, car accessories, consumables, tools, and workshop equipment to workshops, car dealers, retailers, wholesalers, and individual car owners. The company offers maintenance, repair services, and related solutions through an extensive network of over 600 branches and approximately 4,500 affiliated workshops under prominent brands such as Mekonomen, MECA, BilXtra, FTZ, Fixus, Inter-Team, Sørensen og Balchen, and others. Meko AB operates in eight markets including Sweden, Norway, Denmark, Finland, Poland, Estonia, Latvia, and Lithuania, with key revenue contributions from Sweden/Norway segments. Founded in 1973 and formerly known as Mekonomen AB, it is headquartered in Stockholm and emphasizes sustainable mobility, efficient logistics, and digital services to support vehicle maintenance for both traditional and electric vehicles. With around 6,300 employees, Meko AB generates stable cash flows through organic growth and strategic acquisitions, playing a vital role in ensuring vehicle uptime and industry transformation.
kr 73.67
kr 0.48 (-0.64%)
EOD Jun 23, 2026 · Twelve Data
Operating margin is thin at 2.75%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 1.0% YoY. Margins deteriorated 2.8pp alongside, both lines moving the wrong way.
At 93x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 81% versus the prior year, cash generation momentum has weakened.
93.3x earnings, 3.0x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 18.24B
▼ -1.0% YoY
Net Income (TTM)
kr 71M
▼ -87.0% YoY
Op. Margin
2.81%
▼ -2.8pp YoY
ROIC
2.07%
▼ -4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 1.36B
▼ -80.6% YoY
Op. Cash Flow (TTM)
kr 1.50B
▼ -68.3% YoY
Net Debt
kr 5.91B
Cash & Equiv.
kr 566M
3Y CAGR: +8.5%
3Y CAGR: -35.4%
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At a P/E of 93.3 and a price-to-free-cash-flow of 3.0, Meko AB (MEKO.XSTO) trades below a two-stage DCF intrinsic value of about SEK 411.12 per share, so at SEK 73.68 the stock looks undervalued (458.0% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Meko AB scores 53/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 5.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SEK 411.12 per share for MEKO.XSTO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SEK 308.34. At today's SEK 73.68, that puts the stock about 458.0% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Meko AB scores 53 out of 100 on Intrinsiqq's quality score, passing 3 of 8 checks, which makes it a mixed business on these measures. Recent fundamentals include a 2.8% operating margin and a 2.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
Yes, Meko AB pays a regular dividend of about SEK 3.92 per share per year (typically in quarterly installments), a yield of roughly 5.3% at the current price. That is a payout ratio of about 307.0% of earnings, so the dividend is stretched at this level. Meko AB has grown the dividend at roughly 84.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For MEKO.XSTO's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. MEKO.XSTO currently trades below its estimated intrinsic value and scores 53/100 on quality (mixed). It also yields about 5.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.