Merko Ehitus AS
Merko Ehitus AS is a construction and engineering company operating in the industrial and commercial services sector, primarily generating revenue through construction projects and related engineering services.
Business. Merko Ehitus AS (MRK1T.TL) is a construction and engineering company operating within the Industrials sector. The firm is headquartered in Estonia and is primarily listed on the Tallinn Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Merko Ehitus AS (MRK1T.TL) is a construction and engineering company operating within the Industrials sector. The firm is headquartered in Estonia and is primarily listed on the Tallinn Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
Merko Ehitus AS maintains a strong liquidity position, with a current ratio of 2.95, indicating the company can cover nearly three times its short-term liabilities with its short-term assets. The company holds €41.42 million in cash and equivalents, which is a significant portion of its total assets of €415.04 million. However, the operating cash flow is negative at -€1.65 million, suggesting that the company's core operations are not currently generating positive cash flow.
Profitability metrics show that Merko Ehitus AS is performing well relative to industry norms. The company's return on equity (ROE) is 15.32%, and its return on assets (ROA) is 9.62%, both of which are strong indicators of efficient capital use and asset management. The gross profit of €56.56 million and operating income of €34.34 million further support the company's profitability. The net income of €39.92 million reflects a healthy bottom line.
The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of segment and geographic diversification could expose the company to higher operational and market risks if the construction sector in its primary market experiences a downturn.
Looking ahead, Merko Ehitus AS is projected to maintain a stable growth trajectory. The company's capital expenditures of -€6.63 million indicate a focus on cost management rather than expansion. The free cash flow of €2.41 million suggests that the company is generating enough cash to support its operations and potentially fund future growth initiatives.
The risk assessment for Merko Ehitus AS indicates low liquidity and dilution risks. The company has no immediate filing-based liquidity or dilution flags, and the debt-to-equity ratio of 0.13 suggests a conservative capital structure. The low dilution potential is further supported by the fact that the number of shares outstanding has not changed between basic and diluted shares.
Recent events and filings do not indicate any significant changes in the company's operations or financial strategy. The company's financial statements and disclosures are consistent with its historical performance, and there are no notable regulatory or legal issues reported in the available data.
- Merko Ehitus AS has a strong liquidity position with a current ratio of 2.95 and €41.42 million in cash and equivalents.
- The company's profitability is robust, with a ROE of 15.32% and ROA of 9.62%.
- The company's revenue is concentrated in a single business segment, which may increase operational risk.
- Merko Ehitus AS is projected to maintain a stable growth trajectory with a focus on cost management.
- The company has low liquidity and dilution risks, with a conservative debt-to-equity ratio of 0.13.
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Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
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- Merko Ehitus AS Market data — financials · 2026-05-28
Ownership & reference
Leadership
- Janis ZilgmeMember of the Management Board
- Toomas AnnusChairman of the Supervisory Board