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Marimekko Oyj (MEKKO) Fair Value & Analysis

Consumer Cyclical · FI · Market cap €423M

MO Marimekko Oyj MEKKO · HE
Price€10.24
Fair Value€12.56
Upside+22.7%
Quality95/100
Evidence: High Range €9.46 – €15.66

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from €18.16 to €12.56 (−30.8%) since Jun 23, 2026. Share price +1.0% over the past month.

Price vs Fair Value (12 months)

€13.03 €9.40 Fair Value €12.56 Jun 2025 Jun 2026

12‑month range €9.40 – €13.03 · fair‑value band €9.46 – €15.66 · the €10.24 price screens below the €12.56 fair value. As of Jun 24, 2026.

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Analysis

Marimekko Oyj (MEKKO) currently trades at €10.24, while our model-based Fair Value estimate is €12.56 — implying the stock looks roughly 22.7% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Marimekko Oyj generated revenue of €191M at a net margin of 13.2%. Revenue grew 4.5% year over year. It earns a return on equity of 32.3%. The balance sheet holds a net cash position of €6.9M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €191M
Revenue growth (YoY) +4.5%
Net margin 13.2%
Return on equity 32.3%
Free cash flow €31.6M FY2025
P/E ratio 16.8
More key figures
Operating margin 12.3%
EPS (TTM) €0.6200
Dividend yield 4.1%
EPS growth (YoY) +22.9%
Net cash €6.9M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Marimekko Oyj, a lifestyle design company, designs, manufactures, and sells clothing, bags and accessories, and interior decoration products worldwide. The company offers various clothes, such as dresses, denim, knitwear, tops, nightwear and loungewear, bottoms, and coats and jackets, as well as kids clothing products. It provides crossbody bags, shoulder bags, knitted bags, and mini bags, as well as coin purses, wallets, and backpacks. In addition, the company offers printed fabrics; kitchen textiles and napkins; cosmetic bags; dining, home textiles, rugs, furniture, vases and candleholders, bedding, and towels and bathrobes products; and accessories, including hats, scarves, jewelry, hair accessories, socks, key chain, and umbrellas. Marimekko Oyj was incorporated in 1951 and is headquartered in Helsinki, Finland.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Marimekko Oyj reported revenue of €190M in FY2025 versus €152M in FY2021, a compound +5.6%/yr. Reported net income was €24.4M in FY2025, compounding −0.0%/yr from FY2021.

Revenue +5.6%/yr
FY21 €152M
FY22 €167M
FY23 €174M
FY24 €183M
FY25 €190M
Net income −0.0%/yr
FY21 €24.4M
FY22 €22.7M
FY23 €23.6M
FY24 €24.4M
FY25 €24.4M

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Similar stocks

6 more Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HNNMY $3.58 $3.95 +10%
Ralph Lauren Corporation RL $376.43 $423.69 +13%
Moncler S.p.A MONC €50.90 €50.69 -0%
Gildan Activewear Inc GIL $57.04 $34.84 -39%
LPP SA LPP 21,720 PLN 18,670 PLN -14%
Levi Strauss & Co LEVI $23.61 $16.83 -29%

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Frequently asked questions

Is Marimekko Oyj (MEKKO) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €12.56 versus a price of €10.24 — about +23% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MEKKO?
Our 21-model fair value for Marimekko Oyj is €12.56 (as of Jun 24, 2026), built from audited fundamentals. The current price is €10.24.
What is the quality score of MEKKO?
Marimekko Oyj has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Marimekko Oyj (MEKKO)?
Marimekko Oyj reported trailing-twelve-month revenue of about €191M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of MEKKO?
The net profit margin of Marimekko Oyj is about 13.2%, meaning it keeps roughly 13.2% of revenue as net income. Based on the latest reported figures.
Does Marimekko Oyj pay a dividend?
Marimekko Oyj currently shows a dividend yield of about 4.05% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.