Mips AB (publ)

BATS-CHIXE:MIPSS Stock Report

Market Cap: SEK 7.9b

Mips Past Earnings Performance

Past criteria checks 1/6

Mips has been growing earnings at an average annual rate of 13.5%, while the Leisure industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 17% per year. Mips's return on equity is 9.7%, and it has net margins of 17.9%.

Key information

13.5%

Earnings growth rate

13.0%

EPS growth rate

Leisure Industry Growth3.7%
Revenue growth rate17.0%
Return on equity9.7%
Net Margin17.9%
Next Earnings Update21 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Mips makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:MIPSS Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 233576413335
30 Sep 233736713034
30 Jun 234108213532
31 Mar 2351414113629
31 Dec 2256317513226
30 Sep 2265423513225
30 Jun 2272629512324
31 Mar 2266227111224
31 Dec 2160825510524
30 Sep 215502359223
30 Jun 214681888621
31 Mar 213921498019
31 Dec 203651297718
30 Sep 203131007616
30 Jun 20262747216
31 Mar 20279877015
31 Dec 19268856615
30 Sep 19242775514
30 Jun 19241775414
31 Mar 19214655214
31 Dec 18193564912
30 Sep 18171465111
30 Jun 18147304412
31 Mar 18128224210
31 Dec 17126164610
30 Sep 1711715459
30 Jun 1711017527
31 Mar 179713506
31 Dec 168714415
31 Dec 155019293
31 Dec 1415-13193

Quality Earnings: MIPSS has a high level of non-cash earnings.

Growing Profit Margin: MIPSS's current net profit margins (17.9%) are lower than last year (31.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MIPSS's earnings have grown by 13.5% per year over the past 5 years.

Accelerating Growth: MIPSS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MIPSS had negative earnings growth (-63.4%) over the past year, making it difficult to compare to the Leisure industry average (-14.1%).

Return on Equity

High ROE: MIPSS's Return on Equity (9.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/10 05:37
End of Day Share Price 2023/12/12 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mips AB (publ) is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel ThorssonABG Sundal Collier
Karl VikströmBerenberg
Emanuel JanssonDanske Bank