Mekonomen AB (MEKO) - Net Assets

Latest as of December 2025: Skr6.01 Billion SEK ≈ $647.20 Million USD

Based on the latest financial reports, Mekonomen AB (MEKO) has net assets worth Skr6.01 Billion SEK (≈ $647.20 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr17.52 Billion ≈ $1.89 Billion USD) and total liabilities (Skr11.51 Billion ≈ $1.24 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MEKO asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr6.01 Billion
% of Total Assets 34.33%
Annual Growth Rate 9.97%
5-Year Change 15.01%
10-Year Change 158.67%
Growth Volatility 18.34

Mekonomen AB - Net Assets Trend (2000–2025)

This chart illustrates how Mekonomen AB's net assets have evolved over time, based on quarterly financial data. Also explore MEKO current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Mekonomen AB (2000–2025)

The table below shows the annual net assets of Mekonomen AB from 2000 to 2025. For live valuation and market cap data, see MEKO market cap.

Year Net Assets Change
2025-12-31 Skr6.01 Billion
≈ $647.20 Million
-9.14%
2024-12-31 Skr6.62 Billion
≈ $712.31 Million
+7.19%
2023-12-31 Skr6.17 Billion
≈ $664.53 Million
+4.20%
2022-12-31 Skr5.93 Billion
≈ $637.73 Million
+13.33%
2021-12-31 Skr5.23 Billion
≈ $562.72 Million
+13.80%
2020-12-31 Skr4.59 Billion
≈ $494.50 Million
+6.00%
2019-12-31 Skr4.33 Billion
≈ $466.52 Million
+12.51%
2018-12-31 Skr3.85 Billion
≈ $414.64 Million
+61.96%
2017-12-31 Skr2.38 Billion
≈ $256.02 Million
+2.32%
2016-12-31 Skr2.33 Billion
≈ $250.21 Million
+7.89%
2015-12-31 Skr2.15 Billion
≈ $231.91 Million
+3.61%
2014-12-31 Skr2.08 Billion
≈ $223.84 Million
-7.14%
2013-12-31 Skr2.24 Billion
≈ $241.06 Million
-3.28%
2012-12-31 Skr2.32 Billion
≈ $249.24 Million
+48.84%
2011-12-31 Skr1.56 Billion
≈ $167.45 Million
+59.75%
2010-12-31 Skr974.00 Million
≈ $104.82 Million
+8.83%
2009-12-31 Skr895.00 Million
≈ $96.32 Million
+5.17%
2008-12-31 Skr851.00 Million
≈ $91.58 Million
-14.56%
2007-12-31 Skr996.00 Million
≈ $107.19 Million
+4.48%
2006-12-31 Skr953.30 Million
≈ $102.59 Million
+2.14%
2005-12-31 Skr933.32 Million
≈ $100.44 Million
+11.00%
2004-12-31 Skr840.79 Million
≈ $90.48 Million
+11.45%
2003-12-31 Skr754.43 Million
≈ $81.19 Million
+10.76%
2002-12-31 Skr681.12 Million
≈ $73.30 Million
+13.01%
2001-12-31 Skr602.73 Million
≈ $64.86 Million
+7.76%
2000-12-31 Skr559.32 Million
≈ $60.19 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Mekonomen AB's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components Skr5.86 Billion 100.00%
Total Equity Skr5.86 Billion 100.00%

Mekonomen AB Competitors by Market Cap

The table below lists competitors of Mekonomen AB ranked by their market capitalization.

Company Market Cap
eMudhra Limited
NSE:EMUDHRA
$459.85 Million
PSK HOLDINGS Inc
KQ:031980
$459.89 Million
Jinfa Labi Maternity & Baby Articles Co Ltd
SHE:002762
$460.03 Million
Guangxi Bossco Environmental Protection Technology Co Ltd
SHE:300422
$460.15 Million
DINGDONG CAYMAN 2ADR/3 A
F:945
$459.79 Million
Simei Media Co Ltd
SHE:002712
$459.55 Million
Wave Cyber Shanghai Co Ltd
SHG:688718
$459.44 Million
Anzheng Fashion
SHG:603839
$459.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mekonomen AB's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 6,452,000,000 to 5,862,000,000, a change of -590,000,000 (-9.1%).
  • Net income of 36,000,000 contributed positively to equity growth.
  • Dividend payments of 218,000,000 reduced retained earnings.
  • Share repurchases of 5,000,000 reduced equity.
  • Other comprehensive income decreased equity by 236,000,000.
  • Other factors decreased equity by 167,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr36.00 Million +0.61%
Dividends Paid Skr218.00 Million -3.72%
Share Repurchases Skr5.00 Million -0.09%
Other Comprehensive Income Skr-236.00 Million -4.03%
Other Changes Skr-167.00 Million -2.85%
Total Change Skr- -9.14%

Book Value vs Market Value Analysis

This analysis compares Mekonomen AB's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.72x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 3.16x to 0.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 Skr23.99 Skr75.85 x
2006-12-31 Skr24.67 Skr75.85 x
2007-12-31 Skr26.43 Skr75.85 x
2008-12-31 Skr22.51 Skr75.85 x
2009-12-31 Skr23.70 Skr75.85 x
2010-12-31 Skr25.81 Skr75.85 x
2011-12-31 Skr39.58 Skr75.85 x
2012-12-31 Skr55.38 Skr75.85 x
2013-12-31 Skr51.77 Skr75.85 x
2014-12-31 Skr48.01 Skr75.85 x
2015-12-31 Skr49.79 Skr75.85 x
2016-12-31 Skr53.70 Skr75.85 x
2017-12-31 Skr65.82 Skr75.85 x
2018-12-31 Skr96.38 Skr75.85 x
2019-12-31 Skr76.38 Skr75.85 x
2020-12-31 Skr80.38 Skr75.85 x
2021-12-31 Skr92.31 Skr75.85 x
2022-12-31 Skr103.79 Skr75.85 x
2023-12-31 Skr107.98 Skr75.85 x
2024-12-31 Skr115.26 Skr75.85 x
2025-12-31 Skr105.09 Skr75.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mekonomen AB utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 0.61%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.20%
  • • Asset Turnover: 1.05x
  • • Equity Multiplier: 2.99x
  • Recent ROE (0.61%) is below the historical average (15.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 13.25% 5.04% 1.46x 1.80x Skr28.82 Million
2006 15.36% 5.72% 1.49x 1.80x Skr48.93 Million
2007 35.58% 13.75% 1.71x 1.51x Skr250.20 Million
2008 22.69% 7.14% 1.86x 1.71x Skr105.70 Million
2009 27.02% 7.57% 2.05x 1.74x Skr149.30 Million
2010 36.75% 10.40% 1.92x 1.84x Skr255.50 Million
2011 24.69% 9.18% 1.36x 1.98x Skr226.10 Million
2012 16.28% 6.91% 0.95x 2.48x Skr144.70 Million
2013 13.78% 5.24% 1.08x 2.44x Skr84.20 Million
2014 5.81% 2.03% 1.10x 2.61x Skr-86.60 Million
2015 19.74% 7.34% 1.07x 2.50x Skr208.70 Million
2016 14.50% 5.64% 1.09x 2.36x Skr103.90 Million
2017 15.28% 6.02% 1.08x 2.35x Skr124.70 Million
2018 6.79% 3.27% 0.73x 2.84x Skr-122.80 Million
2019 9.60% 3.44% 0.93x 2.99x Skr-17.30 Million
2020 9.54% 3.67% 0.96x 2.69x Skr-20.70 Million
2021 11.06% 4.56% 0.95x 2.56x Skr54.60 Million
2022 7.83% 3.15% 0.91x 2.72x Skr-126.10 Million
2023 6.94% 2.43% 1.08x 2.66x Skr-184.80 Million
2024 6.71% 2.33% 1.10x 2.62x Skr-212.20 Million
2025 0.61% 0.20% 1.05x 2.99x Skr-550.20 Million

Industry Comparison

This section compares Mekonomen AB's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,410,775,000
  • Average return on equity (ROE) among peers: 4.95%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mekonomen AB (MEKO) Skr6.01 Billion 13.25% 1.91x $459.83 Million
Autoliv Inc (ALIV-SDB) $3.44 Billion 13.59% 1.16x $8.98 Billion
Bulten AB (BULTEN) $1.52 Billion 3.63% 1.02x $107.17 Million
Pierce Group AB (PIERCE) $719.00 Million -8.07% 0.51x $80.29 Million
VBG Group AB (publ) (VBG-B) $3.96 Billion 10.65% 0.78x $841.39 Million

About Mekonomen AB

ST:MEKO Sweden Auto Parts
Market Cap
$459.83 Million
Skr4.27 Billion SEK
Market Cap Rank
#13044 Global
#198 in Sweden
Share Price
Skr75.85
Change (1 day)
+3.34%
52-Week Range
Skr63.50 - Skr128.80
All Time High
Skr164.10
About

Meko AB (publ), together with its subsidiaries, operates in the automotive aftermarket business in Sweden, Norway, Denmark, Finland, Poland, Estonia, Latvia, and Lithuania. The company distributes and retails spare parts, car accessories, consumables, tools, and workshop equipment; and offers maintenance and repair, and other related services under the FTZ, Koivunen, Fixus, Inter-Team, Balti Auto… Read more