Mekonomen AB chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 229.92
Dividend & YieldN/A£ (N/A)
Beta 1.29
Market capitalization N/A
Operating cash flow 891M
ESG Scores unknown

Company description

Meko AB operates and develops business in the automotive aftermarket in Sweden, Norway, Denmark, Poland, and Finland. It provides spare parts, consumables, and tools, as well as workshop services and car accessories under the ProMeister and Carwise brand. The company offers a range of solutions and products for the consumers and companies through its branches, affiliated workshops, and wholesale and logistics operations. It operates 401 branches; and 3,721 affiliated workshops under the AutoMester, AlltiBil, BilXtra, CarPeople, Din Bilpartner, Hella Service Partner, Inter Data Service, MECA Car Service, Mekonomen Bilverkstad, MekoPartner, O.K. Serwis, and Speedy brands. The company was formerly known as Mekonomen AB (publ) and changed its name to Meko AB in May 2022. Meko AB was founded in 1973 and is based in Stockholm, Sweden.

Sector: - Industry:

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -4.41B -199M -186M -201M
Net Borrowings 2.73B -787M -1.33B -505M
Total Cash From Financing Activities 4.04B -798M -1.34B -569M
Change To Operating Activities 135M -2M 284M 239M
Issuance Of Stock 1.58B
Net Income 260M 413M 432M 572M
Change In Cash -49M 150M 65M 472M
Effect Of Exchange Rate -18M 5M -35M 15M
Total Cash From Operating Activities 331M 1.14B 1.62B 1.23B
Depreciation 186M 791M 770M 747M
Change To Account Receivables 78M -53M 15M -201M
Other Cashflows From Financing Activities -7M -9M -13M -64M
Change To Netincome -15M -47M 75M 50M
Capital Expenditures -178M -88M -103M -96M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 477M 555M 597M 758M
Net Income 260M 413M 432M 572M
Selling General Administrative 3.41B 3.95B 3.92B 4.14B
Gross Profit 4.05B 5.48B 5.38B 5.84B
Ebit 427M 705M 627M 895M
Operating Income 427M 705M 627M 895M
Interest Expense -53M -151M -133M -115M
Income Tax Expense 209M 134M 150M 172M
Total Revenue 7.95B 12.02B 11.7B 12.55B
Cost Of Revenue 3.9B 6.54B 6.32B 6.71B
Total Other Income ExpenseNet 50M -150M -30M -137M
Net Income From Continuing Ops 268M 421M 447M 586M
Net Income Applicable To Common Shares 260M 413M 432M 572M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 7.01B 8.54B 7.6B 8B
Total Stockholder Equity 3.83B 4.3B 4.53B 5.17B
Other Current Liabilities 403M 394M 716M 597M
Total Assets 10.86B 12.87B 12.19B 13.23B
Common Stock 141M 141M 141M 141M
Other Current Assets 2M
Retained Earnings 1B 1.4B 1.81B 2.36B
Treasury Stock -307M -232M -416M -316M
Cash 205M 355M 420M 892M
Total Current Liabilities 3.28B 3.43B 3.28B 3.42B
Other Stockholder Equity -307M -232M -416M -316M
Property, Plant, and Equipment 490M 2.28B 2.06B 2.09B
Total Current Assets 4.55B 4.79B 4.63B 5.65B
Net Tangible Assets -1.77B -1.24B -737M -36M
Net Receivables 1.47B 1.57B 1.5B 1.73B
Accounts Payable 1.36B 1.35B 1.32B 1.68B


Insider Transactions

Here are the insider transactions of stock shares related to Mekonomen AB:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Mekonomen AB. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Mekonomen AB

Here is the result of two systematic investment strategies applied to Mekonomen AB. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Mekonomen AB

The following chart shows the equity curve of the two systematic investment strategies applied to Mekonomen AB:

Mekonomen AB automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %
Build your Trading System
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Momentum strategy results on Mekonomen AB

This is the result of two momentum investment strategies applied to Mekonomen AB. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Mekonomen AB

The following chart shows all the entries opened by the momentum investment system on Mekonomen AB:

Mekonomen AB momentum entries
  • The first momentum investment strategy would give 0.0% of return on Mekonomen AB. That represents 0.0£ of latent gain with 314.2£ of employed capital.
  • The second momentum investment strategy would give 0% of return on Mekonomen AB. That represents 0.0£ of latent gain with 0.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.0 %

Latent gain

0.0 £

Invested capital

314.2 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Momentum equity curve on Mekonomen AB

The following chart shows the equity curve of the two momentum strategies applied to Mekonomen AB:

Mekonomen AB momentum equity

Note: the dividends potentially given by Mekonomen AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mekonomen AB

The following chart shows the employed capital evolution of the two momentum strategies on Mekonomen AB since the beginning:

Mekonomen AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Mekonomen AB

Buy the dip entry openings on Mekonomen AB

Mekonomen AB

The performance achieved by the robo-advisor on Mekonomen AB is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Mekonomen AB stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Mekonomen AB, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Mekonomen AB

The following chart shows the result of the investment strategy applied to Mekonomen AB:

Mekonomen AB

Note: the dividends potentially given by Mekonomen AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mekonomen AB

The following chart shows the employed capital evolution since the beginning of the investment strategy on Mekonomen AB:

Mekonomen AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Mekonomen AB

In this section, I will compare the three previous investment strategies applied to Mekonomen AB.

Equity curve comparison on Mekonomen AB

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Mekonomen AB investment strategy comparison

Employed capital comparison on Mekonomen AB

Mekonomen AB investment comparison

Performance comparison on Mekonomen AB

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0£ 0.0£ 0.0%
Momentum 1 quarter 0.0% 0.0£ 314.2£ 0.0%
Momentum 2 quarters 0% 0.0£ 0.0£ -0.0%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Mekonomen AB:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Mekonomen AB and the other stocks. There may be false positives or some missing correlated stocks. If the price of Mekonomen AB does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Mekonomen AB
Country Sweden
City Stockholm
Address SolnavAegen 4
Phone 46 84 64 00 00
Website meko.com/en/
FullTime employees 5290
Industry
Sector
Exchange XLON
Ticker 0HDJ.XLON
Market www.londonstockexchange.com

Mekonomen AB ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown