Employees: 493
Size Marimekko (MEKKO.HE) is a Finland Consumer Discretionary company (Apparel/Footwear) with a market value of $437M, the 55th largest of 65 Finland companies the cockpit tracks. Shares closed at €9.60 on 6 Nov 2026.
Performance Over six months the shares fell 0.9%, against -21.5% for the median peer and -2.9% for the Finland market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 1.7% over the last twelve months (peer median +0.7%); the operating margin is 16.2% (peer median 4.2%).
Valuation It trades at 15.2× forward earnings against a peer median of 12.8× (5th most expensive of 15).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 24.4 points above its cost of capital (7.7% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €192M | €190M | €183M | €174M | €167M |
| Revenue growth | — | +4% | +5% | +5% | — |
| Gross profit | €66.9M | €67.0M | €65.0M | €63.7M | €61.8M |
| EBITDA | €41.9M | €41.4M | €40.5M | €40.6M | €40.4M |
| Net income | €24.8M | €24.4M | €24.4M | €23.6M | €22.7M |
| Free cash flow | €34.1M | €31.6M | €26.8M | €27.4M | €19.1M |
| Capital expenditure | €1.30M | €2.90M | €2.33M | €2.02M | €999,000 |
| Total debt | €28.4M | €29.7M | €30.6M | €32.9M | €34.0M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MEKKO.HE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.8% | -8.1% | 3rd highest of 21 |
| 6-month return | -0.9% | -21.5% | 6th highest of 21 |
| Distance from 52-week high | -27.5% | -35.5% | 7th highest of 21 |
| Revenue growth (TTM) | +1.7% | +0.7% | 9th highest of 21 |
| Operating margin | 16.2% | 4.2% | 2nd highest of 21 |
| Forward P/E | 15.2× | 12.8× | 5th most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | -1.5% | 10.6% | 5th least demanding of 16 |
| Growth delivered (Del g) | +8.9% | +5.3% | 4th highest of 16 |
| Hurdle (Req g minus delivered) | -10.5 pp | +3.4 pp | 6th least demanding of 16 |
| ROIC minus cost of capital | +24.4 pp | +0.6 pp | highest of 21 |
| EV / EBITDA | 9.4× | 8.7× | 5th most expensive of 11 |
| Net debt / EBITDA | 0.1× | 1.8× | 6th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Marimekko MEKKO.HE | Finland | $437M | -1% | +2% | 16% | 15.2× | -1.5% | +8.9% |
| ShenZhen HuiJie 002763.SZ | China | $437M | -24% | -3% | 6% | n/a | -11.8% | +4.9% |
| Oxford Industries OXM | United States | $440M | -35% | -2% | 3% | 13.0× | 11.6% | +14.6% |
| Zhejiang Giuseppe Garment 002687.SZ | China | $432M | +18% | -1% | 8% | 32.9× | 12.1% | +3.0% |
| TSI 3608.T | Japan | $430M | -11% | +29% | 2% | 8.4× | n/a | n/a |
| Wuxi Double Elephant Micro Fibre Material 002395.SZ | China | $448M | -45% | -5% | 4% | 8.8× | -0.1% | +14.0% |
| LF Corp. 093050.KS | South Korea | $426M | -13% | 0% | 9% | 5.0× | -12.5% | +3.2% |
| Shanghai Dragon 600630.SS | China | $420M | -21% | +9% | 2% | n/a | 26.5% | -10.9% |
| Sunrise Manufacture 605138.SS | China | $457M | -29% | +3% | 5% | 15.2× | n/a | n/a |
| Zhejiang Red Dragonfly Footwear 603116.SS | China | $465M | -15% | +1% | -7% | n/a | 4.1% | -4.7% |
| China Lilang 1234.HK | Hong Kong | $406M | -27% | +21% | 12% | 4.8× | n/a | n/a |
| Xin Hee 003016.SZ | China | $404M | -24% | +9% | 2% | 27.0× | 14.9% | -4.2% |
| Zhejiang Kanglongda Special Protection Technology 603665.SS | China | $476M | -29% | -1% | 3% | n/a | 10.2% | +6.8% |
| Anhui Anli Material Technology 300218.SZ | China | $402M | -20% | -3% | 3% | 27.0× | 25.1% | +8.0% |
| Shenzhen Ellassay Fashion 603808.SS | China | $401M | -35% | 0% | 10% | 13.1× | -15.0% | +7.8% |
| Shanghai Metersbonwe Fashion & Accessories 002269.SZ | China | $482M | -25% | -16% | -54% | n/a | 17.7% | -34.8% |
| Nueva Expresion Textil NXT.MC | Spain | $490M | +1% | +55% | 22% | 36.1× | n/a | n/a |
| Rocky Brands RCKY | United States | $387M | +37% | +11% | 10% | 12.6× | 10.6% | +11.7% |
| Regina Miracle International (Holdings) 2199.HK | Hong Kong | $386M | +26% | -2% | 8% | 5.8× | -9.2% | +5.3% |
| Shanghai Kaikai Industrial 600272.SS | China | $386M | +3% | +1% | 3% | n/a | 15.2% | +8.2% |
| Fulgent Sun International (Holding) 9802.TW | Taiwan | $382M | -22% | +11% | 6% | 8.1× | n/a | n/a |