MERKO EHITUSMM

MERKO EHITUS

25.25EURD
−0.15−0.59%
At close at 13:43 GMT
EUR
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MRK1T fundamentals

Key facts

Market capitalization‪449.58 M‬EUR
Founded1990
CEOIvo Volkov
About

Merko Ehitus AS operates as a holding company, which engages in the provision of construction and real estate development services. It operates through the following segments: Construction Service and Real Estate Development. The Construction Service segment consists of services in the field of general construction, civil engineering, electricity, external networks, road construction, and concrete works. The Real Estate Development segment includes residential real estate development and construction of joint venture projects, long-term real estate investments, and commercial real estate projects in Estonia, Latvia, and Lithuania. The company was founded on November 5, 1990 and is headquartered in Tallinn, Estonia.

Ownership
‪‪17.70 M‬‬
Closely held shares
‪‪13.38 M‬‬ (75.61%)
Free Float shares
‪‪4.32 M‬‬ (24.39%)
Closely held shares
‪‪13.38 M‬‬ (75.61%)
Free Float shares
‪‪4.32 M‬‬ (24.39%)
Capital structure
Market cap
‪‪449.58 M‬‬
Debt
‪‪33.41 M‬‬
Cash & equivalents
‪‪101.88 M‬‬
Enterprise value
‪‪381.11 M‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪449.58 M‬‬
Price to earning ratio (P/E)
6.95x
Price to sales ratio (P/S)
0.83x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
6.95x
Price to sales ratio (P/S)
0.83x
Valuation ratios
‪0.00‬
‪0.20‬
‪0.40‬
‪0.60‬
‪0.80‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪1.70‬
‪3.40‬
‪5.10‬
‪6.80‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪5%‬
‪8%‬
‪11%‬
‪14%‬
‪17%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪50.00 M‬‬
‪‪100.00 M‬‬
‪‪150.00 M‬‬
‪‪200.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Construction Service
Real Estate Development
By country
Period: 2024
Estonia
Lithuania
Latvia
Norway

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
2020
2021
2022
2023
2025
‪0.00‬
‪‪110.00 M‬‬
‪‪220.00 M‬‬
‪‪330.00 M‬‬
‪‪440.00 M‬‬
Actual
Estimate
Earnings
Next:Feb 5, 2026
2020
2021
2022
2023
2025
‪0.00‬
‪0.50‬
‪1.00‬
‪1.50‬
‪2.00‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
0.00%
Payout ratio (TTM)
Dividend yield TTM
5.12%
Last payment
1.30
Last ex-date
Jun 7, 2024
Dividend history
‪6.5%‬
‪7.6%‬
‪8.7%‬
‪9.8%‬
‪10.9%‬
2020
2021
2022
2023
2024
‪0.00‬
‪0.35‬
‪0.70‬
‪1.05‬
‪1.40‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−35.00 M‬‬
‪0.00‬
‪‪35.00 M‬‬
‪‪70.00 M‬‬
‪‪105.00 M‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪90.00 M‬‬
‪‪180.00 M‬‬
‪‪270.00 M‬‬
‪‪360.00 M‬‬
Assets
Liabilities