Mips Valuation
Is MIPS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of MIPS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MIPS (SEK468.2) is trading above our estimate of fair value (SEK460.67)
Significantly Below Fair Value: MIPS is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MIPS?
Key metric: As MIPS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is MIPS's PE Ratio? | |
|---|---|
| PE Ratio | 119.3x |
| Earnings | SEK 104.00m |
| Market Cap | SEK 12.40b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 28.2x |
| Enterprise Value/EBITDA | 76.7x |
| PEG Ratio | 2.5x |
Price to Earnings Ratio vs Peers
How does MIPS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 53.6x | ||
THULE Thule Group | 31.4x | 22.0% | SEK 37.1b |
JM JM | 52.5x | 58.3% | SEK 11.5b |
NEWA B New Wave Group | 14.6x | 19.2% | SEK 13.2b |
WTG Wonderful Times Group | 115.9x | n/a | SEK 56.8m |
MIPS Mips | 119.3x | 48.5% | SEK 12.4b |
Price-To-Earnings vs Peers: MIPS is expensive based on its Price-To-Earnings Ratio (119.3x) compared to the peer average (53.6x).
Price to Earnings Ratio vs Industry
How does MIPS's PE Ratio compare vs other companies in the European Leisure Industry?
| 0 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 0 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: MIPS is expensive based on its Price-To-Earnings Ratio (119.3x) compared to the Global Leisure industry average (17.2x).
Price to Earnings Ratio vs Fair Ratio
What is MIPS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 119.3x |
| Fair PE Ratio | 49x |
Price-To-Earnings vs Fair Ratio: MIPS is expensive based on its Price-To-Earnings Ratio (119.3x) compared to the estimated Fair Price-To-Earnings Ratio (49x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | SEK 468.20 | SEK 617.00 +31.8% | 10.4% | SEK 680.00 | SEK 500.00 | n/a | 5 |
| Nov ’25 | SEK 518.50 | SEK 611.00 +17.8% | 10.9% | SEK 680.00 | SEK 500.00 | n/a | 5 |
| Oct ’25 | SEK 535.00 | SEK 589.00 +10.1% | 9.4% | SEK 650.00 | SEK 500.00 | n/a | 5 |
| Sep ’25 | SEK 582.00 | SEK 554.00 -4.8% | 21.5% | SEK 650.00 | SEK 325.00 | n/a | 5 |
| Aug ’25 | SEK 525.00 | SEK 554.00 +5.5% | 21.5% | SEK 650.00 | SEK 325.00 | n/a | 5 |
| Jul ’25 | SEK 416.20 | SEK 402.00 -3.4% | 18.0% | SEK 520.00 | SEK 325.00 | n/a | 5 |
| Jun ’25 | SEK 427.60 | SEK 375.00 -12.3% | 12.1% | SEK 435.00 | SEK 325.00 | n/a | 5 |
| May ’25 | SEK 376.20 | SEK 375.00 -0.3% | 12.1% | SEK 435.00 | SEK 325.00 | n/a | 5 |
| Apr ’25 | SEK 351.00 | SEK 370.00 +5.4% | 10.1% | SEK 420.00 | SEK 325.00 | n/a | 5 |
| Mar ’25 | SEK 308.30 | SEK 370.00 +20.0% | 10.1% | SEK 420.00 | SEK 325.00 | n/a | 5 |
| Feb ’25 | SEK 340.30 | SEK 361.00 +6.1% | 6.9% | SEK 400.00 | SEK 330.00 | n/a | 5 |
| Jan ’25 | SEK 364.50 | SEK 392.00 +7.5% | 13.2% | SEK 480.00 | SEK 330.00 | n/a | 5 |
| Dec ’24 | SEK 310.30 | SEK 392.00 +26.3% | 13.2% | SEK 480.00 | SEK 330.00 | n/a | 5 |
| Nov ’24 | SEK 272.60 | SEK 452.00 +65.8% | 13.0% | SEK 530.00 | SEK 360.00 | SEK 518.50 | 5 |
| Oct ’24 | SEK 370.80 | SEK 507.60 +36.9% | 7.6% | SEK 573.00 | SEK 475.00 | SEK 535.00 | 5 |
| Sep ’24 | SEK 403.60 | SEK 515.00 +27.6% | 10.0% | SEK 610.00 | SEK 475.00 | SEK 582.00 | 5 |
| Aug ’24 | SEK 480.40 | SEK 525.00 +9.3% | 9.1% | SEK 610.00 | SEK 480.00 | SEK 525.00 | 5 |
| Jul ’24 | SEK 534.20 | SEK 497.00 -7.0% | 22.1% | SEK 610.00 | SEK 295.00 | SEK 416.20 | 5 |
| Jun ’24 | SEK 555.00 | SEK 503.00 -9.4% | 22.7% | SEK 610.00 | SEK 295.00 | SEK 427.60 | 5 |
| May ’24 | SEK 552.60 | SEK 493.00 -10.8% | 23.1% | SEK 610.00 | SEK 295.00 | SEK 376.20 | 5 |
| Apr ’24 | SEK 523.60 | SEK 471.00 -10.0% | 20.9% | SEK 600.00 | SEK 295.00 | SEK 351.00 | 5 |
| Mar ’24 | SEK 465.80 | SEK 471.00 +1.1% | 20.9% | SEK 600.00 | SEK 295.00 | SEK 308.30 | 5 |
| Feb ’24 | SEK 407.40 | SEK 379.00 -7.0% | 24.2% | SEK 500.00 | SEK 290.00 | SEK 340.30 | 5 |
| Jan ’24 | SEK 429.90 | SEK 337.40 -21.5% | 8.4% | SEK 385.00 | SEK 310.00 | SEK 364.50 | 5 |
| Dec ’23 | SEK 420.50 | SEK 337.40 -19.8% | 8.4% | SEK 385.00 | SEK 310.00 | SEK 310.30 | 5 |
| Nov ’23 | SEK 348.70 | SEK 337.40 -3.2% | 8.4% | SEK 385.00 | SEK 310.00 | SEK 272.60 | 5 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.