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.
Miko NV is a Belgian company specializing in coffee roasting and distribution, primarily under the Miko brand, with operations spanning Belgium, France, the Netherlands, the United Kingdom, Germany, Denmark, Norway, Sweden, Poland, the Czech Republic, Slovakia, and Australia. Founded in 1801 in Turnhout, it has evolved from a grocery shop into a vertically integrated group focused on the out-of-home market, serving offices, businesses, public institutions, universities, hotels, restaurants, and cafes. The company supplies its own roasted and packaged coffees alongside third-party brands, complemented by soft drinks, snacks, healthy options, milk, tea, and hot chocolates. Miko NV installs and rents coffee machines, vending equipment, espresso makers, and beverage dispensers, adding value through comprehensive services like telesales, technical support, and delivery. With approximately 1,421 employees, it generates significant revenue from coffee sales, emphasizing innovation and sustainable growth in the consumer staples sector, particularly packaged foods and food processing.
€62.00
+€0.00 (+0.00%)
EOD Jun 23, 2026 · Twelve Data
The business is unprofitable at the operating level (-0.26% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 12.8%, still solid. Free cash flow declined 38% despite revenue growth, conversion is weakening.
Free cash flow declined 38% versus the prior year, cash generation momentum has weakened. Net debt of €82M represents 9.4x FCF, leverage limits flexibility.
6.5x earnings, 8.8x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€298M
▲ +12.8% YoY
Net Income (TTM)
€13M
▲ +210.5% YoY
Op. Margin
-0.26%
▲ +0.6pp YoY
ROIC
-0.26%
▲ +0.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€9M
▼ -37.6% YoY
Op. Cash Flow (TTM)
€27M
▼ -40.2% YoY
Net Debt
€82M
Cash & Equiv.
€24M
3Y CAGR: +5.7%
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At a P/E of 6.5 and a price-to-free-cash-flow of 8.8, Miko NV (MIKO.XBRU) trades above a two-stage DCF intrinsic value of about €55.63 per share, so at €62.00 the stock looks overvalued (10.3% above 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, Miko NV scores 74/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.2%; 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 €55.63 per share for MIKO.XBRU, 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 €41.73. At today's €62.00, that puts the stock about 10.3% above 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.
Miko NV scores 74 out of 100 on Intrinsiqq's quality score, passing 4 of 8 checks, which makes it a solid business on these measures. Recent fundamentals include a -0.3% operating margin and a -0.3% 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, Miko NV pays a regular dividend of about €1.96 per share per year (typically in quarterly installments), a yield of roughly 3.2% at the current price. That is a payout ratio of about 19.4% of earnings, so the dividend is amply covered by earnings. 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 MIKO.XBRU's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. MIKO.XBRU currently trades above its estimated intrinsic value and scores 74/100 on quality (solid). It also yields about 3.2%. 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.