MINEST Stock Overview
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 |
Rewards
Risk Analysis
+ 1 more risk
Minesto AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 3.29 |
| 52 Week High | SEK 10.68 |
| 52 Week Low | SEK 2.08 |
| Beta | 1.21 |
| 11 Month Change | 20.11% |
| 3 Month Change | 3.46% |
| 1 Year Change | -25.34% |
| 33 Year Change | -82.94% |
| 5 Year Change | -80.54% |
| Change since IPO | -55.00% |
Recent News & Updates
Recent updates
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate
Feb 09
Is 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 | 3.5% | 1.2% | -0.2% |
| 1Y | -25.3% | 15.1% | 28.4% |
Return vs Industry: MINEST underperformed the Swedish Electrical industry which returned 11.9% over the past year.
Return vs Market: MINEST underperformed the Swedish Market which returned 25.7% over the past year.
Price Volatility
| MINEST volatility | |
|---|---|
| MINEST Average Weekly Movement | 9.6% |
| Electrical Industry Average Movement | 8.4% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in SE Market | 11.4% |
| 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 (10%) 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 637.67m |
| Earnings (TTM) | -SEK 40.49m |
| Revenue (TTM) | SEK 32.37m |
19.7x
P/S Ratio-15.8x
P/E RatioIs MINEST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MINEST income statement (TTM) | |
|---|---|
| Revenue | SEK 32.37m |
| Cost of Revenue | SEK 18.35m |
| Gross Profit | SEK 14.02m |
| Other Expenses | SEK 54.51m |
| Earnings | -SEK 40.49m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.21 |
| Gross Margin | 43.32% |
| Net Profit Margin | -125.07% |
| Debt/Equity Ratio | 0.09% |
How did MINEST perform over the long term?
See historical performance and comparison