Transcript Meko AB, Q3 2023 Earnings Call, Nov 09, 2023 ... - Marketscreener.com
| MEKO Stock | SEK 133.20 1.20 0.91% |
Slightly above 51% of Mekonomen's investor base is interested to short. The analysis of current outlook of investing in Mekonomen AB suggests that many traders are impartial regarding Mekonomen's prospects. Mekonomen's investing sentiment can be driven by a variety of factors including economic data, Mekonomen's earnings reports, geopolitical events, and overall market trends.
Mekonomen |
Transcript Meko AB, Q3 2023 Earnings Call, Nov 09, 2023 ... Marketscreener.com
Read at news.google.com
 |
Mekonomen Fundamental Analysis
We analyze Mekonomen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mekonomen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mekonomen based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Mekonomen is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Mekonomen AB Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mekonomen stock to make a market-neutral strategy. Peer analysis of Mekonomen could also be used in its relative valuation, which is a method of valuing Mekonomen by comparing valuation metrics with similar companies.
Peers
Mekonomen Related Equities
| BMAX | Byggmax Group | 1.85 | ||||
| PEAB-B | Peab AB | 0.06 | ||||
| CLAS-B | Clas Ohlson | 0.61 | ||||
| BILI-A | Bilia AB | 2.00 | ||||
| NOBI | Nobia AB | 3.12 |
Additional Tools for Mekonomen Stock Analysis
When running Mekonomen's price analysis, check to measure Mekonomen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mekonomen is operating at the current time. Most of Mekonomen's value examination focuses on studying past and present price action to predict the probability of Mekonomen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mekonomen's price. Additionally, you may evaluate how the addition of Mekonomen to your portfolios can decrease your overall portfolio volatility.