Mekonomen (Sweden) Performance
| MEKO Stock | SEK 133.20 1.20 0.91% |
The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mekonomen are expected to decrease at a much lower rate. During the bear market, Mekonomen is likely to outperform the market. At this point, Mekonomen AB has a negative expected return of -0.0963%. Please make sure to verify Mekonomen's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Mekonomen AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Mekonomen AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Mekonomen is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 420 M | |
| Total Cashflows From Investing Activities | -201 M |
Mekonomen |
Mekonomen Relative Risk vs. Return Landscape
If you would invest 14,204 in Mekonomen AB on November 2, 2024 and sell it today you would lose (884.00) from holding Mekonomen AB or give up 6.22% of portfolio value over 90 days. Mekonomen AB is generating negative expected returns and assumes 1.5907% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Mekonomen, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mekonomen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mekonomen's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mekonomen AB, and traders can use it to determine the average amount a Mekonomen's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0605
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| Negative Returns | MEKO |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mekonomen is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mekonomen by adding Mekonomen to a well-diversified portfolio.
Mekonomen Fundamentals Growth
Mekonomen Stock prices reflect investors' perceptions of the future prospects and financial health of Mekonomen, and Mekonomen fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mekonomen Stock performance.
| Return On Equity | 0.0882 | |||
| Return On Asset | 0.034 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 11.6 B | |||
| Shares Outstanding | 55.79 M | |||
| Price To Earning | 11.08 X | |||
| Price To Book | 1.14 X | |||
| Price To Sales | 0.47 X | |||
| Revenue | 12.55 B | |||
| EBITDA | 1.66 B | |||
| Cash And Equivalents | 892 M | |||
| Cash Per Share | 3.14 X | |||
| Total Debt | 4.18 B | |||
| Debt To Equity | 157.00 % | |||
| Book Value Per Share | 99.71 X | |||
| Cash Flow From Operations | 1.23 B | |||
| Earnings Per Share | 8.16 X | |||
| Total Asset | 13.23 B | |||
| Current Asset | 2.37 B | |||
| Current Liabilities | 1.52 B | |||
About Mekonomen Performance
Assessing Mekonomen's fundamental ratios provides investors with valuable insights into Mekonomen's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Mekonomen is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Mekonomen AB performance evaluation
Checking the ongoing alerts about Mekonomen for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mekonomen AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mekonomen AB generated a negative expected return over the last 90 days | |
| Mekonomen AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Mekonomen's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mekonomen's stock is overvalued or undervalued compared to its peers.
- Examining Mekonomen's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mekonomen's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mekonomen's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mekonomen's stock. These opinions can provide insight into Mekonomen's potential for growth and whether the stock is currently undervalued or overvalued.
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.