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Mips AB (publ)OM:MIPS Stock Report

Market Cap SEK 7.2b
Share Price
SEK 272.20
SEK 492
44.7% undervalued intrinsic discount
1Y-25.6%
7D-3.5%
Portfolio Value
View

Mips AB (publ)

OM:MIPS Stock Report

Market Cap: SEK 7.2b

Mips (MIPS) Stock Overview

Develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. More details

MIPS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for MIPS from our risk checks.

MIPS Community Fair Values

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Mips AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mips
Historical stock prices
Current Share PriceSEK 272.20
52 Week HighSEK 474.40
52 Week LowSEK 206.00
Beta1.55
1 Month Change16.72%
3 Month Change-4.15%
1 Year Change-25.59%
3 Year Change-47.65%
5 Year Change-57.96%
Change since IPO428.54%

Recent News & Updates

Analysts Are Updating Their Mips AB (publ) (STO:MIPS) Estimates After Its First-Quarter Results

Apr 26
Analysts Are Updating Their Mips AB (publ) (STO:MIPS) Estimates After Its First-Quarter Results

MIPS: Dividend Policy And Headquarters Move Will Support Future Upside Potential

Analysts have trimmed their price target for Mips from SEK 496.25 to SEK 492.00, reflecting updated assumptions for revenue growth, profit margins and future P/E multiples. What's in the News Mips intends to relocate its head office to Solna, and the Annual General Meeting on April 23, 2026 resolved to amend the articles of association so that general meetings may also be held there, alongside existing locations.

MIPS: Future Dividend And Headquarters Move Will Support Upside Potential

Analysts have trimmed their price target on Mips by SEK 5, from SEK 501.25 to SEK 496.25, reflecting updated views on discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E levels. What's in the News Mips plans to ask shareholders at the Annual General Meeting on April 23, 2026, to amend its articles of association so that general meetings can also be held in Solna, as the company intends to move its headquarters there (Key Developments).

MIPS: Future Dividend And Headquarters Move Will Support Upside Potential

Analysts have trimmed their price target on Mips by SEK 15 to SEK 501.25, citing slightly lower fair value, profit margin and future P/E assumptions in their updated model. What's in the News Mips plans to move its headquarters to Solna and has proposed amending its articles of association so that future general meetings can be held in the city of its registered office, in Täby or in Solna, with the proposal to be voted on at the Annual General Meeting on April 23, 2026 (company AGM materials).

Recent updates

Analysts Are Updating Their Mips AB (publ) (STO:MIPS) Estimates After Its First-Quarter Results

Apr 26
Analysts Are Updating Their Mips AB (publ) (STO:MIPS) Estimates After Its First-Quarter Results

MIPS: Dividend Policy And Headquarters Move Will Support Future Upside Potential

Analysts have trimmed their price target for Mips from SEK 496.25 to SEK 492.00, reflecting updated assumptions for revenue growth, profit margins and future P/E multiples. What's in the News Mips intends to relocate its head office to Solna, and the Annual General Meeting on April 23, 2026 resolved to amend the articles of association so that general meetings may also be held there, alongside existing locations.

MIPS: Future Dividend And Headquarters Move Will Support Upside Potential

Analysts have trimmed their price target on Mips by SEK 5, from SEK 501.25 to SEK 496.25, reflecting updated views on discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E levels. What's in the News Mips plans to ask shareholders at the Annual General Meeting on April 23, 2026, to amend its articles of association so that general meetings can also be held in Solna, as the company intends to move its headquarters there (Key Developments).

MIPS: Future Dividend And Headquarters Move Will Support Upside Potential

Analysts have trimmed their price target on Mips by SEK 15 to SEK 501.25, citing slightly lower fair value, profit margin and future P/E assumptions in their updated model. What's in the News Mips plans to move its headquarters to Solna and has proposed amending its articles of association so that future general meetings can be held in the city of its registered office, in Täby or in Solna, with the proposal to be voted on at the Annual General Meeting on April 23, 2026 (company AGM materials).

MIPS: Future Dividend Policy Will Support Upside As Core Assumptions Hold Steady

Analysts have kept their SEK 516.25 price target for Mips unchanged, citing slightly revised assumptions for the discount rate, long-term revenue growth, profit margin and future P/E as the main factors behind their current view. What's in the News Mips AB (publ) announced an annual dividend of SEK 2.50 per share.

MIPS: Future Dividend Payout Will Support Upside Despite Higher Required Returns

Analysts now set their price target for Mips at SEK 516.25, compared with the prior SEK 522.50. This reflects updated assumptions for discount rate, revenue growth, profit margin and a higher future P/E multiple.

Mips AB (publ) Just Missed EPS By 5.9%: Here's What Analysts Think Will Happen Next

Feb 14
Mips AB (publ) Just Missed EPS By 5.9%: Here's What Analysts Think Will Happen Next

MIPS: Higher Growth Assumptions Will Support Future Upside Despite Richer Discount Rate

Analysts have slightly reduced their price target on Mips from SEK 525 to about SEK 522.50, reflecting updated assumptions around revenue growth, margins, the discount rate and future P/E levels. Valuation Changes Fair Value: Adjusted slightly from SEK 525 to SEK 522.50, a small reduction in the implied price level.

When Should You Buy Mips AB (publ) (STO:MIPS)?

Jan 30
When Should You Buy Mips AB (publ) (STO:MIPS)?

Safety Adoption And Smart Helmet Technology Will Drive Powerful Long Term Upside

Catalysts About Mips Mips develops and licenses helmet safety systems designed to reduce rotational forces in head impacts across sports, motorcycle and industrial safety helmets. What are the underlying business or industry changes driving this perspective?

Mips AB (publ)'s (STO:MIPS) P/E Is On The Mark

Jan 05
Mips AB (publ)'s (STO:MIPS) P/E Is On The Mark

MIPS: European Momentum Will Drive Future Upside Despite Ongoing U S Headwinds

Analysts have modestly lowered their price target on Mips to SEK 540 from SEK 580, reflecting reduced estimates after the latest Q3 report showed robust European momentum but ongoing U.S. headwinds. Analyst Commentary Analysts characterize the latest move as a fine tuning of expectations rather than a fundamental shift in the investment case.

MIPS: Strong European Demand Will Drive Gains Despite U S Weakness

Narrative Update on Mips: Analyst Price Target Revised Analysts have lowered their price target for Mips from SEK 580 to SEK 540, citing continued strength in Europe along with ongoing challenges in the U.S. following the company’s latest quarterly report. Analyst Commentary Bullish Takeaways Bullish analysts highlight robust momentum in European markets, indicating strong brand presence and execution in the region.

MIPS: European Momentum Will Offset Continued U S Market Headwinds

Narrative Update on Mips Analyst Price Target Analysts have revised Mips' price target downward from SEK 580 to SEK 540. They cite continued European strength, but point to ongoing challenges in the U.S. market as key drivers for the adjustment.

Analyst Commentary Highlights Lower Price Target and Shifting Valuation Trends for Mips

Narrative Update on Mips Analyst Price Target The analyst price target for Mips has been reduced from SEK 575 to SEK 525. This adjustment reflects recent updates which cite strong performance in Europe but ongoing challenges in the U.S. as key factors.

Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?

Sep 13
Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?

Mips AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jul 19
Mips AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Mips (STO:MIPS) Is Reinvesting To Multiply In Value

Jul 12
Mips (STO:MIPS) Is Reinvesting To Multiply In Value

Earnings Tell The Story For Mips AB (publ) (STO:MIPS)

Jun 25
Earnings Tell The Story For Mips AB (publ) (STO:MIPS)

Is There Now An Opportunity In Mips AB (publ) (STO:MIPS)?

Jun 10
Is There Now An Opportunity In Mips AB (publ) (STO:MIPS)?

Mips (STO:MIPS) Will Pay A Larger Dividend Than Last Year At SEK6.50

May 08
Mips (STO:MIPS) Will Pay A Larger Dividend Than Last Year At SEK6.50

We Think Mips' (STO:MIPS) Robust Earnings Are Conservative

May 05
We Think Mips' (STO:MIPS) Robust Earnings Are Conservative

Increases to CEO Compensation Might Be Put On Hold For Now at Mips AB (publ) (STO:MIPS)

May 01
Increases to CEO Compensation Might Be Put On Hold For Now at Mips AB (publ) (STO:MIPS)

Mips' (STO:MIPS) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 03
Mips' (STO:MIPS) Shareholders Will Receive A Bigger Dividend Than Last Year

Mips AB (publ) (STO:MIPS) Shares Could Be 38% Below Their Intrinsic Value Estimate

Apr 01
Mips AB (publ) (STO:MIPS) Shares Could Be 38% Below Their Intrinsic Value Estimate

Mips (STO:MIPS) Will Be Hoping To Turn Its Returns On Capital Around

Mar 05
Mips (STO:MIPS) Will Be Hoping To Turn Its Returns On Capital Around

Mips' (STO:MIPS) Dividend Will Be Increased To SEK6.50

Feb 13
Mips' (STO:MIPS) Dividend Will Be Increased To SEK6.50
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Expansion Into New Markets Will Strengthen Safety Systems' Global Presence By 2029

Mips' strategic expansion into new markets and sales channels aims to boost revenue through increased market penetration and share.

Mips AB (publ)'s (STO:MIPS) P/S Still Appears To Be Reasonable

Feb 05
Mips AB (publ)'s (STO:MIPS) P/S Still Appears To Be Reasonable

What Is Mips AB (publ)'s (STO:MIPS) Share Price Doing?

Jan 22
What Is Mips AB (publ)'s (STO:MIPS) Share Price Doing?

Additional Considerations Required While Assessing Mips' (STO:MIPS) Strong Earnings

Nov 03
Additional Considerations Required While Assessing Mips' (STO:MIPS) Strong Earnings

Mips AB (publ) (STO:MIPS) Just Reported And Analysts Have Been Lifting Their Price Targets

Oct 27
Mips AB (publ) (STO:MIPS) Just Reported And Analysts Have Been Lifting Their Price Targets

Are Mips AB (publ) (STO:MIPS) Investors Paying Above The Intrinsic Value?

Sep 16
Are Mips AB (publ) (STO:MIPS) Investors Paying Above The Intrinsic Value?

Investors Could Be Concerned With Mips' (STO:MIPS) Returns On Capital

Sep 03
Investors Could Be Concerned With Mips' (STO:MIPS) Returns On Capital

After Leaping 25% Mips AB (publ) (STO:MIPS) Shares Are Not Flying Under The Radar

Jul 23
After Leaping 25% Mips AB (publ) (STO:MIPS) Shares Are Not Flying Under The Radar

Results: Mips AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Jul 21
Results: Mips AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Mips AB (publ)'s (STO:MIPS) CEO Might Not Expect Shareholders To Be So Generous This Year

May 01
Mips AB (publ)'s (STO:MIPS) CEO Might Not Expect Shareholders To Be So Generous This Year

Mips (STO:MIPS) Will Pay A Larger Dividend Than Last Year At SEK6.00

Apr 17
Mips (STO:MIPS) Will Pay A Larger Dividend Than Last Year At SEK6.00

Mips' (STO:MIPS) Dividend Will Be Increased To SEK6.00

Mar 31
Mips' (STO:MIPS) Dividend Will Be Increased To SEK6.00

There Are Reasons To Feel Uneasy About Mips' (STO:MIPS) Returns On Capital

Mar 01
There Are Reasons To Feel Uneasy About Mips' (STO:MIPS) Returns On Capital

Mips' (STO:MIPS) Weak Earnings May Only Reveal A Part Of The Whole Picture

Feb 16
Mips' (STO:MIPS) Weak Earnings May Only Reveal A Part Of The Whole Picture

Earnings Miss: Mips AB (publ) Missed EPS By 9.1% And Analysts Are Revising Their Forecasts

Feb 11
Earnings Miss: Mips AB (publ) Missed EPS By 9.1% And Analysts Are Revising Their Forecasts

Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?

Feb 06
Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?

Mips AB (publ) (STO:MIPS) Analysts Just Slashed Next Year's Estimates

Jan 24
Mips AB (publ) (STO:MIPS) Analysts Just Slashed Next Year's Estimates

Mips AB (publ)'s (STO:MIPS) Price In Tune With Revenues

Dec 24
Mips AB (publ)'s (STO:MIPS) Price In Tune With Revenues

Is Mips AB (publ) (STO:MIPS) Trading At A 37% Discount?

Nov 24
Is Mips AB (publ) (STO:MIPS) Trading At A 37% Discount?

Shareholder Returns

MIPSSE LeisureSE Market
7D-3.5%-1.1%-1.9%
1Y-25.6%1.3%11.0%

Return vs Industry: MIPS underperformed the Swedish Leisure industry which returned 1.3% over the past year.

Return vs Market: MIPS underperformed the Swedish Market which returned 11% over the past year.

Price Volatility

Is MIPS's price volatile compared to industry and market?
MIPS volatility
MIPS Average Weekly Movement7.7%
Leisure Industry Average Movement5.5%
Market Average Movement6.6%
10% most volatile stocks in SE Market13.1%
10% least volatile stocks in SE Market3.8%

Stable Share Price: MIPS has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: MIPS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996125Max Strandwitzmipscorp.com

Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. The company provides sport helmets, which include bike, snow, equestrian, and team sports helmets, as well as other helmets, such as climbing, snowmobiling, and white-water rafting helmets; moto helmets comprising on-road and off-road helmets, including scooter, snowmobiling, car driving, and other helmets for travel and high speed activities; and safety helmets for construction, manufacturing, mining, and oil industries, as well as military, police force, and rescue services. Mips AB (publ) company was founded in 1996 and is headquartered in Täby, Sweden.

Mips AB (publ) Fundamentals Summary

How do Mips's earnings and revenue compare to its market cap?
MIPS fundamental statistics
Market capSEK 7.21b
Earnings (TTM)SEK 130.00m
Revenue (TTM)SEK 568.00m
55.5x
P/E Ratio
12.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIPS income statement (TTM)
RevenueSEK 568.00m
Cost of RevenueSEK 154.00m
Gross ProfitSEK 414.00m
Other ExpensesSEK 284.00m
EarningsSEK 130.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 16, 2026

Earnings per share (EPS)4.91
Gross Margin72.89%
Net Profit Margin22.89%
Debt/Equity Ratio42.0%

How did MIPS perform over the long term?

See historical performance and comparison

Dividends

0.9%
Current Dividend Yield
51%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 07:52
End of Day Share Price 2026/04/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Mips AB (publ) is covered by 6 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
null nullABG Sundal Collier
Emanuel JanssonDanske Bank
Erik GranströmDNB Carnegie