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1 Comment
Mekonomen AB (publ) is currently in a long term uptrend where the price is trading 28.6% above its 200 day moving average.
From a valuation standpoint, the stock is 96.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.6.
Mekonomen AB (publ)'s total revenue rose by 0.3% to $3B since the same quarter in the previous year.
Its net income has increased by 230.4% to $185M since the same quarter in the previous year.
Finally, its free cash flow fell by 51.0% to $99M since the same quarter in the previous year.
Based on the above factors, Mekonomen AB (publ) gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | SE0002110064 |
Sector | Consumer Cyclical |
Industry | Auto Parts |
Dividend Yield | 3.0% |
---|---|
Beta | 1.22 |
Target Price | None |
Market Cap | 641M |
PE Ratio | 16.17 |
Meko AB (publ), together with its subsidiaries, operates in the automotive aftermarket business in Europe. It operates through five segments: Sweden/Norway, Denmark, Poland/the Baltics, Finland, and Sørensen og Balchen (Norway). The company provides spare parts, car accessories, consumables, tools, and workshop equipment, as well as maintenance and repair, and other related services under the FTZ, Koivunen, Fixus, Inter-Team, Balti Autosaad, Elit Polska, Mekonomen, MECA, Sørensen og Balchen, BilXtra, ProMeister, Aitomeister, and CarPeople brands. It offers serves workshops, car dealers, retailers and other wholesalers through its branches, affiliated workshops, and wholesale and logistics operations. The company was formerly known as Mekonomen AB (publ) and changed its name to Meko AB (publ) in May 2022. Meko AB (publ) was founded in 1973 and is based in Stockholm, Sweden.
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