7MN Stock Overview
Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Minesto AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr0.18 |
| 52 Week High | kr0.90 |
| 52 Week Low | kr0.17 |
| Beta | 1.4 |
| 1 Month Change | -25.74% |
| 3 Month Change | -60.71% |
| 1 Year Change | -47.70% |
| 3 Year Change | -91.81% |
| 5 Year Change | -85.81% |
| Change since IPO | -78.80% |
Recent News & Updates
Recent updates
Shareholder Returns
| 7MN | DE Electrical | DE Market | |
|---|---|---|---|
| 7D | -26.5% | 1.9% | 1.8% |
| 1Y | -47.7% | -11.6% | 2.2% |
Return vs Industry: 7MN underperformed the German Electrical industry which returned -11.6% over the past year.
Return vs Market: 7MN underperformed the German Market which returned 2.2% over the past year.
Price Volatility
| 7MN volatility | |
|---|---|
| 7MN Average Weekly Movement | 23.8% |
| Electrical Industry Average Movement | 5.3% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.1% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 7MN's share price has been volatile over the past 3 months.
Volatility Over Time: 7MN's weekly volatility has increased from 16% to 24% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 58 | Martin Edlund | www.minesto.com |
Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan. The company offers Deep Green technology turbines, that produces electricity from tidal streams and ocean currents. Minesto AB (publ) was incorporated in 2007 and is headquartered in Västra Frölunda, Sweden.
Minesto AB (publ) Fundamentals Summary
| 7MN fundamental statistics | |
|---|---|
| Market cap | €38.35m |
| Earnings (TTM) | -€2.33m |
| Revenue (TTM) | €3.59m |
10.7x
P/S Ratio-16.5x
P/E RatioIs 7MN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 7MN income statement (TTM) | |
|---|---|
| Revenue | kr41.78m |
| Cost of Revenue | kr17.53m |
| Gross Profit | kr24.25m |
| Other Expenses | kr51.37m |
| Earnings | -kr27.12m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Aug 22, 2024
| Earnings per share (EPS) | -0.14 |
| Gross Margin | 58.04% |
| Net Profit Margin | -64.91% |
| Debt/Equity Ratio | 0.1% |
How did 7MN perform over the long term?
See historical performance and comparison