Mekonomen AB (MEKO) AI Stock Analysis

• Market Cap: kr3.82B
• Dividend Yield: 5.42%
• Average Volume (3M): 293.46K
• Price to Earnings (P/E): 113.0
• Beta (1Y): 0.45
• Revenue Growth: 2.16%
• EPS Growth: -90.31%
• Country: SE
• Employees: 5,616
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): -0.19
• Shares Outstanding: 56,416,622
• 10 Day Avg. Volume: 156,502
• 30 Day Avg. Volume: 293,463
• PEG Ratio: -1.23
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.22
• P/FCF Ratio: 5.08
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr100.00
• Price Target Upside: 42.86% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 9.68
• Revenue Forecast (FY): kr18.42B

• Rating: 47 Neutral
• Price Target: kr70.00 ▲(0.00% Upside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is held back primarily by the sharp 2025 profitability decline and higher leverage risk, with additional pressure from weak technical momentum (below key moving averages, negative MACD). Resilient free cash flow and a high dividend yield provide partial support, but the very high P/E limits the valuation outlook.

Positive Factors

Resilient free cash flow

Consistent positive free cash flow across 2023–2025 demonstrates the business can generate cash even amid earnings volatility. That durability supports dividend payments, working capital and selective capex, and provides a buffer to deleverage or fund strategic initiatives without immediate reliance on external financing.

Negative Factors

Sharp 2025 profitability collapse

A dramatic fall in reported profitability materially weakens retained earnings and operating leverage. If margins remain depressed, the company may face reduced reinvestment capacity, pressure on dividend sustainability and impaired ability to fund strategy internally, increasing reliance on cost reductions or external capital.

Mekonomen AB Business Overview & Revenue Model

Company Description

Meko AB (publ) operates in the automotive aftermarket business in Sweden, Norway, Denmark, Poland, Estonia, Latvia, Lithuania, and Finland. It provides spare parts, consumables, and tools, as well as workshop services and car accessories under the...

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Meko AB (publ) operates in the automotive aftermarket business in Sweden, Norway, Denmark, Poland, Estonia, Latvia, Lithuania, and Finland. It provides spare parts, consumables, and tools, as well as workshop services and car accessories under the...

How the Company Makes Money

Mekonomen generates revenue primarily through the sale of automotive parts and accessories, as well as through the provision of repair and maintenance services in its workshops. Its revenue model includes direct sales to consumers and businesses, ...

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Mekonomen generates revenue primarily through the sale of automotive parts and accessories, as well as through the provision of repair and maintenance services in its workshops. Its revenue model includes direct sales to consumers and businesses, ...

Mekonomen AB Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	18.37B	18.55B	17.28B	14.39B	12.55B
Gross Profit	7.88B	8.29B	1.16B	6.65B	5.84B
EBITDA	1.50B	1.98B	1.73B	1.52B	1.61B
Net Income	36.00M	433.00M	419.00M	454.00M	572.00M
Balance Sheet
Total Assets	17.52B	16.91B	16.04B	15.77B	13.23B
Cash, Cash Equivalents and Short-Term Investments	566.00M	607.00M	623.00M	741.00M	892.00M
Total Debt	6.56B	5.33B	5.61B	5.84B	4.80B
Total Liabilities	11.51B	10.29B	9.87B	9.85B	8.00B
Stockholders Equity	5.86B	6.45B	6.04B	5.80B	5.17B
Cash Flow
Free Cash Flow	800.00M	1.16B	1.02B	840.00M	1.05B
Operating Cash Flow	1.01B	1.38B	1.25B	1.05B	1.23B
Investing Cash Flow	-280.00M	-112.00M	213.00M	-1.53B	-201.00M
Financing Cash Flow	-737.00M	-1.29B	-1.59B	286.00M	-569.00M

Mekonomen AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 70.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MEKO, the sentiment is Negative. The current price of 70 is above the 20-day moving average (MA) of 67.23, above the 50-day MA of 68.13, and below the 200-day MA of 77.96, indicating a neutral trend. The MACD of 0.12 indicates Negative momentum. The RSI at 51.47 is Neutral, neither overbought nor oversold. The STOCH value of 84.15 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:MEKO.

Mekonomen AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BORG	70 Outperform	kr1.78B	17.16	23.44%	4.95%	9.20%	11.72%
NELLY	64 Neutral	kr1.65B	13.97	51.02%	―	12.45%	118.98%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BMAX	61 Neutral	kr3.20B	16.85	7.24%	1.40%	4.04%	433.33%
BILI.A	58 Neutral	kr11.28B	13.69	15.46%	4.43%	3.59%	0.80%
BULTEN	48 Neutral	kr893.04M	-98.07	-0.32%	5.49%	-10.68%	-103.85%
MEKO	47 Neutral	kr3.82B	112.96	0.68%	5.42%	2.16%	-90.31%

Mekonomen AB Corporate Events