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Employees: 6,329
Size Meko (MEKO.ST) is a Sweden Industrials company (Wholesale Distributors) with a market value of $406M, the 199th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 70.55 on 6 Nov 2026.
Performance Over six months the shares fell 4.7%, against -5.9% for the median peer and +8.2% for the Sweden market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue fell 0.9% over the last twelve months (peer median +3.8%); the operating margin is 2.4% (peer median 3.0%).
Valuation It trades at 9.7× forward earnings against a peer median of 11.2× (4th cheapest of 11).
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 -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.3 points below its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 17.9B | SEK 18.0B | SEK 18.0B | SEK 16.8B | SEK 14.1B |
| Revenue growth | — | 0% | +8% | +19% | — |
| Gross profit | SEK 423M | SEK 394M | SEK 643M | SEK 644M | SEK 701M |
| EBITDA | SEK 1.44B | SEK 1.32B | SEK 1.49B | SEK 1.44B | SEK 1.43B |
| Net income | SEK 130M | SEK 36.0M | SEK 433M | SEK 419M | SEK 454M |
| Free cash flow | SEK 1.05B | SEK 800M | SEK 1.20B | SEK 1.10B | SEK 911M |
| Capital expenditure | SEK 167M | SEK 285M | SEK 213M | SEK 231M | SEK 208M |
| Total debt | SEK 6.40B | SEK 6.56B | SEK 5.33B | SEK 5.61B | SEK 5.91B |
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 | MEKO.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.1% | -4.8% | 3rd highest of 21 |
| 6-month return | -4.7% | -5.9% | 10th highest of 21 |
| Distance from 52-week high | -16.0% | -21.3% | 10th highest of 21 |
| Revenue growth (TTM) | -0.9% | +3.8% | 5th lowest of 21 |
| Operating margin | 2.4% | 3.0% | 10th lowest of 21 |
| Forward P/E | 9.7× | 11.2× | 4th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | 2.2% | 3.3% | 8th least demanding of 15 |
| Growth delivered (Del g) | +9.4% | +6.7% | 6th highest of 15 |
| Hurdle (Req g minus delivered) | -7.1 pp | -3.0 pp | 7th least demanding of 15 |
| ROIC minus cost of capital | -2.3 pp | -1.7 pp | 9th lowest of 21 |
| EV / EBITDA | 7.0× | 8.1× | 4th cheapest of 11 |
| Net debt / EBITDA | 4.1× | 3.5× | 6th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Meko MEKO.ST | Sweden | $406M | -5% | -1% | 2% | 9.7× | 2.2% | +9.4% |
| Kpp 9274.T | Japan | $411M | +13% | -1% | 2% | n/a | -0.7% | +8.6% |
| Fujian Haiqin Energy 600753.SS | China | $412M | -7% | +193% | 5% | n/a | n/a | n/a |
| Bapcor BAP.AX | Australia | $399M | +66% | -3% | 2% | 27.6× | 7.2% | +1.8% |
| Solum 248070.KS | South Korea | $398M | -42% | +16% | 4% | 10.7× | n/a | n/a |
| Shanghai Tianyong Engineering 603895.SS | China | $393M | -15% | +28% | 3% | n/a | n/a | n/a |
| UNISOL 7128.T | Japan | $420M | +31% | -1% | 2% | n/a | -2.9% | +24.5% |
| Nanjing Business & Tourism 600250.SS | China | $388M | -24% | 0% | 9% | n/a | 12.7% | -4.9% |
| Shenzhen Huakong Seg 000068.SZ | China | $432M | -13% | -52% | -3% | n/a | 11.9% | +30.6% |
| Sanyo Trading 3176.T | Japan | $381M | +33% | +7% | 5% | 9.7× | -5.2% | +11.8% |
| Groupe Samse SAMS.PA | France | $439M | -5% | -2% | 2% | 8.5× | 5.9% | +5.0% |
| Brdr A & O Johansen A/S AOJ-B.CO | Denmark | $439M | +17% | +12% | 5% | 11.8× | 0.7% | +8.4% |
| Symphony 1223.HK | Hong Kong | $467M | -12% | +9% | 1% | n/a | n/a | n/a |
| Bourrelier ALBOU.PA | France | $468M | +36% | +3% | 3% | n/a | 11.5% | +1.1% |
| Siix 7613.T | Japan | $471M | +23% | 0% | 3% | 8.8× | -8.8% | +9.8% |
| BlueLinx BXC | United States | $477M | +16% | +4% | 1% | 47.7× | 13.3% | -0.9% |
| Huitongda Network 9878.HK | Hong Kong | $480M | -6% | +3% | 1% | 9.2× | -5.1% | +0.3% |
| Ananda Drive Techniques (Shanghai) 603350.SS | China | $481M | -21% | +6% | 4% | 22.4× | n/a | n/a |
| Xinjiang International Industry 000159.SZ | China | $342M | -27% | +37% | 4% | n/a | n/a | n/a |
| Aurora 2373.TW | Taiwan | $342M | -11% | -3% | 7% | n/a | -4.4% | -3.8% |
| Haypp HAYPP.ST | Sweden | $485M | +5% | +16% | 1% | 73.5× | 35.0% | +17.4% |