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Midsummer OM:MIDS Stock Report

Last Price

kr1.01

Market Cap

kr212.6m

7D

-0.2%

1Y

-89.0%

Updated

27 Feb, 2024

Data

Company Financials +

MIDS Stock Overview

Midsummer AB (publ) develops and supplies equipment for the production of flexible thin-film solar cells in Sweden, China, Hong Kong, the European Union, and internationally.

MIDS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Midsummer AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Midsummer
Historical stock prices
Current Share Pricekr1.01
52 Week Highkr9.65
52 Week Lowkr0.82
Beta0.20
1 Month Change-1.17%
3 Month Change-0.39%
1 Year Change-89.03%
3 Year Change-90.40%
5 Year Change-96.05%
Change since IPO-95.52%

Recent News & Updates

Recent updates

Would Midsummer (STO:MIDS) Be Better Off With Less Debt?

Aug 24
Would Midsummer (STO:MIDS) Be Better Off With Less Debt?

Does Midsummer (STO:MIDS) Have A Healthy Balance Sheet?

May 10
Does Midsummer (STO:MIDS) Have A Healthy Balance Sheet?

Is Midsummer (STO:MIDS) A Risky Investment?

Dec 07
Is Midsummer (STO:MIDS) A Risky Investment?

Is Midsummer (STO:MIDS) Using Debt In A Risky Way?

Mar 10
Is Midsummer (STO:MIDS) Using Debt In A Risky Way?

Midsummer's(STO:MIDS) Share Price Is Down 51% Over The Past Year.

Jan 16
Midsummer's(STO:MIDS) Share Price Is Down 51% Over The Past Year.

Here's Why Midsummer (STO:MIDS) Can Afford Some Debt

Nov 24
Here's Why Midsummer (STO:MIDS) Can Afford Some Debt

Shareholder Returns

MIDSSE SemiconductorSE Market
7D-0.2%3.6%1.1%
1Y-89.0%-63.9%5.4%

Return vs Industry: MIDS underperformed the Swedish Semiconductor industry which returned -63.9% over the past year.

Return vs Market: MIDS underperformed the Swedish Market which returned 5.5% over the past year.

Price Volatility

Is MIDS's price volatile compared to industry and market?
MIDS volatility
MIDS Average Weekly Movement13.6%
Semiconductor Industry Average Movement6.7%
Market Average Movement6.2%
10% most volatile stocks in SE Market13.0%
10% least volatile stocks in SE Market3.6%

Stable Share Price: MIDS's share price has been volatile over the past 3 months.

Volatility Over Time: MIDS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
2004114Eric Jaremalmhttps://www.midsummer.se

Midsummer AB (publ) develops and supplies equipment for the production of flexible thin-film solar cells in Sweden, China, Hong Kong, the European Union, and internationally. It offers Duo, a ready-made production system for the CIGS solar cell manufacturing; UNO, a generic tool used for solar cell research; Slim, combination of thin solar panels and a classic folded sheet metal roof; Wave, a solar panel used for roof tiles; and Bold, an ultra-light and flexible solar panel that prevents damage to the roof caused by UV light. The company also sells and installs panels and solar roofs, as well as replacement roofs.

Midsummer AB (publ) Fundamentals Summary

How do Midsummer's earnings and revenue compare to its market cap?
MIDS fundamental statistics
Market capkr212.65m
Earnings (TTM)-kr222.21m
Revenue (TTM)kr86.00m

2.5x

P/S Ratio

-1.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIDS income statement (TTM)
Revenuekr86.00m
Cost of Revenuekr34.51m
Gross Profitkr51.49m
Other Expenseskr273.70m
Earnings-kr222.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.06
Gross Margin59.87%
Net Profit Margin-258.40%
Debt/Equity Ratio112.5%

How did MIDS perform over the long term?

See historical performance and comparison
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