Meko stock: fair value
MEKO.STThe fair value of Meko under our model is $10.38, the price is 43% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Possible value trapIn our model the price counts as cheap below $7.41 and expensive above $17.30 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $15.86 (cash-flow model) and $4.90 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 10.6%. At 11.6% the fair value would be $9.55, at 9.6% it would be $11.43.
Possible value trap: looks cheap, but score below 50.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (14.7).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 2.2%. Discounted at 10.6% (government bond yield 2.2% plus beta 2 times a risk premium of 4.2%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $15.86 per share: free cash flow for the next ten years, each year discounted to today at 10.6%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 10.6%) |
|---|---|---|---|---|
| 2026 | $78.6M | extrapolated at −1.3% | 0.9038 | $71.04M |
| 2027 | $78.41M | extrapolated at −0.2% | 0.8169 | $64.06M |
| 2028 | $78.79M | extrapolated at 0.5% | 0.7384 | $58.18M |
| 2029 | $79.58M | extrapolated at 1.0% | 0.6673 | $53.11M |
| 2030 | $80.65M | extrapolated at 1.4% | 0.6032 | $48.65M |
| 2031 | $81.94M | extrapolated at 1.6% | 0.5452 | $44.67M |
| 2032 | $83.39M | extrapolated at 1.8% | 0.4927 | $41.09M |
| 2033 | $84.98M | extrapolated at 1.9% | 0.4454 | $37.84M |
| 2034 | $86.66M | extrapolated at 2.0% | 0.4025 | $34.88M |
| 2035 | $88.43M | extrapolated at 2.0% | 0.3638 | $32.17M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $485.69M |
| Terminal value: cash flow 2035 × (1 + 2.2%) / (10.6% − 2.2%) | $1.07B |
| Present value of terminal value (× 0.3638) | $388.56M |
| Equity value (sum plus present value of terminal value) | $874.24M |
| Shares (diluted) | 55.13M |
| Value per share (equity value divided by shares) | $15.86 |
| Earnings per share, last twelve months | $0.33 |
| × 14.7 (industry P/E) | $4.90 |
| Fair value (average of both parts) | $10.38 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = SEK 9.9729)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 25 Jul 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.