company background image
MIPS logo

Mips OM:MIPS Stock Report

Last Price

kr365.00

Market Cap

kr9.7b

7D

2.1%

1Y

-35.9%

Updated

25 Apr, 2024

Data

Company Financials +

MIPS Stock Overview

Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia.

MIPS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance1/6
Financial Health6/6
Dividends1/6

Mips AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mips
Historical stock prices
Current Share Pricekr365.00
52 Week Highkr599.00
52 Week Lowkr240.00
Beta1.18
1 Month Change5.19%
3 Month Change11.55%
1 Year Change-35.92%
3 Year Change-46.05%
5 Year Change131.89%
Change since IPO608.74%

Recent News & Updates

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

Recent updates

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?

Capital Allocation Trends At Mips (STO:MIPS) Aren't Ideal

Nov 09
Capital Allocation Trends At Mips (STO:MIPS) Aren't Ideal

A Look At The Intrinsic Value Of Mips AB (publ) (STO:MIPS)

Aug 04
A Look At The Intrinsic Value Of Mips AB (publ) (STO:MIPS)

News Flash: 4 Analysts Think Mips AB (publ) (STO:MIPS) Earnings Are Under Threat

Jul 22
News Flash: 4 Analysts Think Mips AB (publ) (STO:MIPS) Earnings Are Under Threat

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

Jul 14
Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?

Investors Shouldn't Overlook Mips' (STO:MIPS) Impressive Returns On Capital

Jun 13
Investors Shouldn't Overlook Mips' (STO:MIPS) Impressive Returns On Capital

Mips (STO:MIPS) Is Increasing Its Dividend To SEK5.50

Apr 16
Mips (STO:MIPS) Is Increasing Its Dividend To SEK5.50

Mips AB (publ) (STO:MIPS) Shares Could Be 26% Above Their Intrinsic Value Estimate

Apr 06
Mips AB (publ) (STO:MIPS) Shares Could Be 26% Above Their Intrinsic Value Estimate

Is Mips AB (publ) (STO:MIPS) Potentially Undervalued?

Mar 22
Is Mips AB (publ) (STO:MIPS) Potentially Undervalued?

Why The 35% Return On Capital At Mips (STO:MIPS) Should Have Your Attention

Feb 27
Why The 35% Return On Capital At Mips (STO:MIPS) Should Have Your Attention

Mips' (STO:MIPS) Dividend Will Be Increased To SEK5.50

Feb 14
Mips' (STO:MIPS) Dividend Will Be Increased To SEK5.50

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

Dec 16
Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?

Calculating The Intrinsic Value Of Mips AB (publ) (STO:MIPS)

Dec 02
Calculating The Intrinsic Value Of Mips AB (publ) (STO:MIPS)

Mips (STO:MIPS) Is Investing Its Capital With Increasing Efficiency

Nov 14
Mips (STO:MIPS) Is Investing Its Capital With Increasing Efficiency

Here's Why We Think MIPS (STO:MIPS) Is Well Worth Watching

Sep 23
Here's Why We Think MIPS (STO:MIPS) Is Well Worth Watching

Is There An Opportunity With MIPS AB (publ)'s (STO:MIPS) 24% Undervaluation?

Aug 09
Is There An Opportunity With MIPS AB (publ)'s (STO:MIPS) 24% Undervaluation?

Should You Investigate MIPS AB (publ) (STO:MIPS) At kr496?

Jul 27
Should You Investigate MIPS AB (publ) (STO:MIPS) At kr496?

Here's Why We Think MIPS (STO:MIPS) Is Well Worth Watching

Jun 14
Here's Why We Think MIPS (STO:MIPS) Is Well Worth Watching

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

May 04
MIPS' (STO:MIPS) Shareholders Will Receive A Bigger Dividend Than Last Year

Calculating The Intrinsic Value Of MIPS AB (publ) (STO:MIPS)

May 03
Calculating The Intrinsic Value Of MIPS AB (publ) (STO:MIPS)

MIPS' (STO:MIPS) Upcoming Dividend Will Be Larger Than Last Year's

Apr 14
MIPS' (STO:MIPS) Upcoming Dividend Will Be Larger Than Last Year's

I Ran A Stock Scan For Earnings Growth And MIPS (STO:MIPS) Passed With Ease

Mar 02
I Ran A Stock Scan For Earnings Growth And MIPS (STO:MIPS) Passed With Ease

MIPS' (STO:MIPS) Dividend Will Be Increased To kr5.00

Feb 13
MIPS' (STO:MIPS) Dividend Will Be Increased To kr5.00

Shareholder Returns

MIPSSE LeisureSE Market
7D2.1%-1.4%0.9%
1Y-35.9%-2.2%10.3%

Return vs Industry: MIPS underperformed the Swedish Leisure industry which returned -2.2% over the past year.

Return vs Market: MIPS underperformed the Swedish Market which returned 10.3% 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 Movement4.5%
Market Average Movement6.1%
10% most volatile stocks in SE Market13.0%
10% least volatile stocks in SE Market3.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
1996105Max Strandwitzmipscorp.com

Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. It offers 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, mobiling, car driving, and other helmets that involves 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) 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 capkr9.67b
Earnings (TTM)kr64.00m
Revenue (TTM)kr357.00m

151.1x

P/E Ratio

27.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIPS income statement (TTM)
Revenuekr357.00m
Cost of Revenuekr104.00m
Gross Profitkr253.00m
Other Expenseskr189.00m
Earningskr64.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Jul 18, 2024

Earnings per share (EPS)2.42
Gross Margin70.87%
Net Profit Margin17.93%
Debt/Equity Ratio0%

How did MIPS perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

246%

Payout Ratio

Does MIPS pay a reliable dividends?

See MIPS dividend history and benchmarks
When do you need to buy MIPS by to receive an upcoming dividend?
Mips dividend dates
Ex Dividend DateMay 08 2024
Dividend Pay DateMay 15 2024
Days until Ex dividend12 days
Days until Dividend pay date19 days

Does MIPS pay a reliable dividends?

See MIPS dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.