MINEST Stock Overview
Operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
My Notes
Capture your thoughts, links and company narrative
Minesto AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 2.44 |
| 52 Week High | SEK 10.68 |
| 52 Week Low | SEK 1.27 |
| Beta | 1.17 |
| 1 Month Change | 0% |
| 3 Month Change | -7.40% |
| 1 Year Change | -71.56% |
| 3 Year Change | -87.28% |
| 5 Year Change | -84.30% |
| Change since IPO | -66.58% |
Recent News & Updates
Recent updates
Here's Why We're Watching Minesto's (STO:MINEST) Cash Burn Situation
Nov 28
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate
Feb 09Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Sep 21We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully
Aug 25At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?
Feb 01Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit
May 03The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted
Feb 28When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?
Feb 01
What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?
Jan 11Our View On Minesto's (STO:MINEST) CEO Pay
Dec 21Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Nov 23Shareholder Returns
| MINEST | SE Electrical | SE Market | |
|---|---|---|---|
| 7D | -14.5% | -2.3% | -2.7% |
| 1Y | -71.6% | 0.4% | 4.6% |
Return vs Industry: MINEST underperformed the Swedish Electrical industry which returned 0.4% over the past year.
Return vs Market: MINEST underperformed the Swedish Market which returned 4.6% over the past year.
Price Volatility
| MINEST volatility | |
|---|---|
| MINEST Average Weekly Movement | 11.3% |
| Electrical Industry Average Movement | 8.7% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SE Market | 11.3% |
| 10% least volatile stocks in SE Market | 3.2% |
Stable Share Price: MINEST's share price has been volatile over the past 3 months compared to the Swedish market.
Volatility Over Time: MINEST's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 49 | 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
| MINEST fundamental statistics | |
|---|---|
| Market cap | SEK 473.64m |
| Earnings (TTM) | -SEK 43.22m |
| Revenue (TTM) | SEK 26.31m |
18.0x
P/S Ratio-11.0x
P/E RatioIs MINEST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MINEST income statement (TTM) | |
|---|---|
| Revenue | SEK 26.31m |
| Cost of Revenue | SEK 17.53m |
| Gross Profit | SEK 8.78m |
| Other Expenses | SEK 52.00m |
| Earnings | -SEK 43.22m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.22 |
| Gross Margin | 33.37% |
| Net Profit Margin | -164.25% |
| Debt/Equity Ratio | 0.09% |
How did MINEST perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Minesto AB (publ) is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Johan Spetz | Pareto Securities |