Mekonomen Financials
| MEKO Stock | SEK 132.00 1.60 1.23% |
Mekonomen |
Please note, the imprecision that can be found in Mekonomen's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mekonomen AB. Check Mekonomen's Beneish M Score to see the likelihood of Mekonomen's management manipulating its earnings.
Mekonomen Stock Summary
Mekonomen competes with Clas Ohlson, Bilia AB, Byggmax Group, Peab AB, and Nobia AB. Mekonomen AB operates a chain of car service stores in Sweden, Norway, Denmark, Poland, and Finland. The company was founded in 1973 and is headquartered in Stockholm, Sweden. Mekonomen operates under Auto Parts And Components classification in Sweden and is traded on Stockholm Stock Exchange. It employs 4958 people.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0002110064 |
| Business Address | SolnavAegen 4, Stockholm, |
| Sector | Specialty Retail |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | meko.com/en/ |
| Phone | 46 84 64 00 00 |
| Currency | SEK - Swedish Kronor |
You should never invest in Mekonomen without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mekonomen Stock, because this is throwing your money away. Analyzing the key information contained in Mekonomen's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mekonomen Key Financial Ratios
Mekonomen's financial ratios allow both analysts and investors to convert raw data from Mekonomen's financial statements into concise, actionable information that can be used to evaluate the performance of Mekonomen over time and compare it to other companies across industries.| Return On Equity | 0.0882 | |||
| Return On Asset | 0.034 | |||
| Target Price | 137.5 | |||
| Beta | 1.29 | |||
| Z Score | 0.6 |
Mekonomen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mekonomen's current stock value. Our valuation model uses many indicators to compare Mekonomen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mekonomen competition to find correlations between indicators driving Mekonomen's intrinsic value. More Info.Mekonomen AB is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mekonomen AB is roughly 2.59 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mekonomen's earnings, one of the primary drivers of an investment's value.Mekonomen AB Systematic Risk
Mekonomen's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mekonomen volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Mekonomen AB correlated with the market. If Beta is less than 0 Mekonomen generally moves in the opposite direction as compared to the market. If Mekonomen Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mekonomen AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mekonomen is generally in the same direction as the market. If Beta > 1 Mekonomen moves generally in the same direction as, but more than the movement of the benchmark.
Mekonomen January 30, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mekonomen help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mekonomen AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mekonomen AB based on widely used predictive technical indicators. In general, we focus on analyzing Mekonomen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mekonomen's daily price indicators and compare them against related drivers.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 8.74 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.11 |
Additional Tools for Mekonomen Stock Analysis
When running Mekonomen's price analysis, check to measure Mekonomen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mekonomen is operating at the current time. Most of Mekonomen's value examination focuses on studying past and present price action to predict the probability of Mekonomen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mekonomen's price. Additionally, you may evaluate how the addition of Mekonomen to your portfolios can decrease your overall portfolio volatility.