Mermeren Kombinat AD

MERKO · AT · Basic Materials / Other Industrial Metals & Mining

26.60EUR-0.20 (-0.75%)

Price History

Full chart

Market Stats

Previous Close26.80

Open27.00

Day Range26.20 – 27.00

52-Week Range23.40 – 37.60

Volume35

Market Cap136.86M

P/E (TTM)10.00

Forward P/E0.00

EPS2.92

Dividend Yield5.48%

Beta0.38

50-Day Avg28.46

200-Day Avg31.68

About

Mermeren Kombinat AD engages in mining, processing, and distribution of marble and decorative stones in North Macedonia, China, Greece, Balkan region, and internationally. It operates through Quarry and Factory segments. The company operates quarries located to the northeast of the city of Prilep. Its products are used in various projects, including mosques, hotels, palaces, commercial and residential buildings, villas, and artworks under the brand SIVEC. The company was founded in 1946 and is headquartered in Prilep, North Macedonia. Mermeren Kombinat AD is a subsidiary of Dolit Investments A.E.

Company Details

SectorBasic Materials
IndustryOther Industrial Metals & Mining
CEOMr. Vasileios Anagnostou
Employees0
HeadquartersLece Koteski No.60A, Prilep, Macedonia, 7500, Greece
Websitehttps://www.mermeren.com

Leadership

Mr. Vasileios AnagnostouCEO & Executive Member
Ms. Jasna Petrusheva AzhievskaCFO & Director

Financials

Income Statement

Currency: EUR	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	19.04M	16.31M	16.64M	26.14M	39.94M	36.14M	22.13M	30.13M	30.38M	28.78M	31.66M	30.49M
Growth (%)	-	-14.33%	+2.03%	+57.11%	+52.79%	-9.51%	-38.76%	+36.12%	+0.84%	-5.28%	+10.01%	-3.69%
Cost of Revenue	8.55M	7.62M	9.09M	10.93M	11.54M	9.39M	8.80M	8.87M	10.34M	10.06M	11.37M	13.25M
Gross Profit	10.49M	8.69M	7.55M	15.21M	28.40M	26.75M	13.33M	21.25M	20.03M	18.72M	20.29M	17.23M
Gross Margin	55.09%	53.30%	45.36%	58.20%	71.11%	74.02%	60.22%	70.55%	65.95%	65.05%	64.10%	56.53%
Operating Expense	3.18M	2.95M	3.38M	3.03M	3.27M	4.39M	4.49M	4.77M	4.59M	3.63M	3.49M	2.93M
Operating Income	7.31M	5.74M	4.17M	12.18M	25.13M	22.36M	8.84M	16.48M	15.44M	15.09M	16.80M	14.30M
Operating Margin	38.38%	35.21%	25.04%	46.60%	62.93%	61.88%	39.93%	54.71%	50.84%	52.44%	53.06%	46.91%
EBITDA	-	-	-	-	1.69B	1.49B	688.76M	1.16B	1.08B	16.89M	19.02M	16.51M
EBITDA Margin	-	-	-	-	4243.75%	4121.12%	3111.87%	3835.54%	3545.68%	58.68%	60.09%	54.16%
Net Income	6.85M	4.89M	3.47M	10.61M	22.82M	20.12M	8.29M	14.80M	13.95M	13.47M	14.85M	12.57M
Net Income Margin	35.98%	29.96%	20.83%	40.57%	57.13%	55.68%	37.46%	49.11%	45.92%	46.81%	46.91%	41.22%
Interest Expense	0	0	0	0	3.14M	2.87M	2.51M	1.11M	1.00K	910.52	169.41K	330.45K
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	7.85%	7.95%	11.33%	3.70%	0.00%	0.00%	0.54%	1.08%

Balance Sheet

Currency: EUR	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	24.17M	23.58M	24.69M	26.07M	44.96M	41.43M	40.81M	44.03M	42.20M	2.29B	39.48M	40.50M
Total Liabilities	6.34M	5.57M	5.43M	4.29M	3.79M	2.95M	2.18M	1.05M	1.23M	96.25M	2.16M	1.84M
Total Equity	17.83M	18.01M	19.26M	21.77M	41.17M	38.48M	38.62M	42.99M	40.98M	2.19B	37.33M	38.66M
Cash	1.83M	3.28M	5.56M	6.00M	21.93M	9.17M	7.48M	10.46M	397.03M	187.02M	4.40M	2.73M

Cash Flow

Currency: EUR	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	9.44M	8.12M	5.24M	16.29M	24.17M	14.12M	11.47M	15.61M	930.56M	15.32M	18.76M	9.71M
Investing Cash Flow	-1.39M	-993.28K	-1.05M	-1.97M	-8.21M	-3.91M	-4.91M	-1.19M	-189.56M	-	-	-
Financing Cash Flow	-7.53M	-5.68M	-1.92M	-13.90M	-41.59K	-22.97M	-8.17M	-11.48M	-988.72M	-	-	-
Capital Expenditure	1.29M	983.39K	1.06M	1.66M	3.28M	5.20M	4.44M	1.15M	114.31M	2.34M	3.97M	3.52M
Free Cash Flow	-	-	-	-	1.29B	537.62M	434.45M	894.37M	816.25M	12.98M	14.79M	6.19M
Dividends Paid	6.49M	3.94M	2.25M	11.53M	22.82M	22.82M	8.02M	10.49M	988.72M	18.69M	13.12M	11.25M
FCF to OCF	-	-	-	-	5334.94%	3807.15%	3786.67%	5730.03%	87.72%	84.75%	78.84%	63.73%
Dividend Paid to FCF	-	-	-	-	1.77%	4.24%	1.84%	1.17%	121.13%	143.99%	88.69%	181.67%

Earnings

Report Date	Jun 30, 2012	Sep 30, 2012	Dec 31, 2012	Mar 31, 2013	Jun 30, 2013	Sep 30, 2013	Dec 31, 2013	Mar 31, 2014	Jun 30, 2014	Sep 30, 2014	Dec 31, 2014	Mar 31, 2015	Jun 30, 2015	Sep 30, 2015	Dec 31, 2015
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.02	0.29	0.16	-0.01	0.21	0.24	-0.24	0.12	0.66	0.57	0.12	0.22	0.32	0.38	0.12
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap136.86M

Enterprise Value128.53M

Trailing P/E10.00

Forward P/E0.00

Price / Sales5.33

Price / Book3.39

EPS2.92

Book Value8.25

Revenue (TTM)25.68M

Gross Profit (TTM)14.49M

EBITDA13.74M

Profit Margin40.89%

Operating Margin43.40%

Return on Equity39.27%

Return on Assets19.23%

Shares Outstanding4.69M

Shares Float503.98K

Beta0.38

Dividend Yield5.48%

Dividend Rate1.60

Payout Ratio82.05%

Dividends

20221×

3.42May 3, 2022

20211×

2.24Sep 23, 2021

20201×

1.71Oct 29, 2020

20191×

4.87Apr 25, 2019

20173×

0.73Aug 24, 20170.73Jun 28, 20171.00May 5, 2017

20161×

0.48Apr 26, 2016

20151×

0.85Jun 25, 2015

20142×

0.65Dec 4, 20140.47Feb 27, 2014

20121×

0.85Mar 21, 2012

20111×

1.25May 16, 2011

20101×

0.42Jul 12, 2010

20091×

0.08Jul 10, 2009

20081×

0.30Jun 30, 2008

20071×

0.40Jul 2, 2007

20061×

0.46Jun 27, 2006

20051×

0.46May 16, 2005