diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7519481..8bfd560 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,12 @@
 # Changelog
 All notable changes to this project will be documented in this file.
 
+## 4.5.2
+
+**Added:**
+- format kilo#, where # is number of digits
+- format mega#, where # is number of digits
+
 ## 4.5.1
 
 **Fixed:**
diff --git a/README.md b/README.md
index 6decc00..d8c4e8c 100644
--- a/README.md
+++ b/README.md
@@ -146,6 +146,8 @@ The `format` option supports the following values:
 | duration-h            | `number`    | Convert number of hours to duration (`5:38:50`)                  |
 | invert                | `number`    | Convert number from positive to negative or vice versa           |
 | kilo                  | `number`    | Divide number value by 1000 (ex. `1500 W` -> `1.5 kW`)           |
+| kilo<0-9>             | `number`    | Divide number value by 1000 and set decimal precision            |
+| mega<0-9>             | `number`    | Divide number value by 1000000 and set decimal precision         |
 | position              | `number`    | Reverses a position percentage (ex. `70%` open -> `30%` closed)  |
 | precision<0-9>        | `number`    | Set decimal precision of number value (`precision3` -> `18.123`) |
 | celsius_to_fahrenheit | `number`    | Converts a Celsius temperature to its Fahrenheit equivalent      |
diff --git a/package.json b/package.json
index 28a6d7b..9c7d754 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "multiple-entity-row",
-  "version": "4.5.1",
+  "version": "4.5.2",
   "description": "Show multiple entity states, attributes and icons on entity rows in Home Assistant's Lovelace UI",
   "keywords": [
     "home-assistant",
diff --git a/src/entity.js b/src/entity.js
index c415833..e87d712 100644
--- a/src/entity.js
+++ b/src/entity.js
@@ -60,6 +60,18 @@ export const entityStateDisplay = (hass, stateObj, config) => {
             });
         } else if (config.format === 'kilo') {
             value = formatNumber(value / 1000, hass.locale, { maximumFractionDigits: 2 });
+        } else if (config.format.startsWith('kilo')) {
+            const precision = parseInt(config.format.slice(-1), 5);
+            value = formatNumber(parseFloat(value)/1000, hass.locale, {
+                minimumFractionDigits: precision,
+                maximumFractionDigits: precision,
+            });
+        } else if (config.format.startsWith('mega')) {
+            const precision = parseInt(config.format.slice(-1), 5);
+            value = formatNumber(parseFloat(value)/1000000, hass.locale, {
+                minimumFractionDigits: precision,
+                maximumFractionDigits: precision,
+            });
         } else if (config.format === 'invert') {
             value = formatNumber(value - value * 2, hass.locale);
         } else if (config.format === 'position') {