Mekonomen AB (SE:MEKO)
:MEKO
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Mekonomen AB
(MEKO)
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Rating:47Neutral
Price Target:
kr70.00
▼(-1.41% Downside)
Action:ReiteratedDate: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.
Read all positive and negative factors
Positive Factors
Negative 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.
Read all positive factors
Mekonomen AB (MEKO) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr3.95B
Dividend Yield5.42%
Average Volume (3M)293.46K
Price to Earnings (P/E)113.0
Beta (1Y)0.48
Revenue Growth-0.18%
EPS Growth-91.94%
CountrySE
Employees5,616
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)-0.19
Shares Outstanding56,416,622
10 Day Avg. Volume156,502
30 Day Avg. Volume293,463
Financial Highlights & Ratios
PEG Ratio-1.23
Price to Book (P/B)0.69
Price to Sales (P/S)0.22
P/FCF Ratio5.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr90.00Price Target Upside26.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)8.61
Revenue Forecast (FY)kr18.45B
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...
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, ...
Mekonomen AB Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
48
Neutral
Cash Flow
63
Positive
| 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
Positive
71.00
Price Trends
68.05
Positive
69.65
Positive
76.36
Negative
Market Momentum
1.21
Negative
60.55
Neutral
74.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MEKO, the sentiment is Positive. The current price of 71 is above the 20-day moving average (MA) of 68.63, above the 50-day MA of 68.05, and below the 200-day MA of 76.36, indicating a neutral trend. The MACD of 1.21 indicates Negative momentum. The RSI at 60.55 is Neutral, neither overbought nor oversold. The STOCH value of 74.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:MEKO.
Mekonomen AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr1.71B | 17.16 | 23.44% | 4.95% | 5.48% | 26.69% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | kr1.00B | 7.54 | -0.32% | 5.49% | -14.67% | -85.33% | |
59 Neutral | kr1.98B | 19.34 | 51.02% | ― | 15.48% | 101.83% | |
58 Neutral | kr11.21B | 16.36 | 15.46% | 4.43% | 3.22% | 14.19% | |
51 Neutral | kr2.89B | -7.38 | 7.24% | 1.40% | 0.60% | 92.08% | |
47 Neutral | kr3.95B | 112.96 | 0.68% | 5.42% | -0.18% | -91.94% |
* Consumer Cyclical Sector Average
SE:MEKO
Mekonomen AB
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-53.28
-43.79%
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Mekonomen AB Corporate Events
MEKO Sets Date for 2025 Year-End Report and Investor Presentation
Jan 29, 2026
MEKO AB will publish its year-end report for 2025 on 12 February at 07:30 CET, followed by an English-language webcast and telephone conference at 09:00 CET where President and CEO Pehr Oscarson and CFO Christer Johansson will present the financia...
MEKO Expands Group Management to Boost Market Position
Dec 10, 2025
MEKO is enhancing its Group management by incorporating new members and expanding existing roles to improve decision-making, profitability, and market position. This strategic move aims to bolster MEKO’s performance, efficiency, and growth i...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.