MIDS Stock Overview
Develops and supplies equipment for the production of flexible thin-film solar cells in Sweden, China, Hong Kong, the European Union, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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Midsummer AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 1.51 |
| 52 Week High | SEK 2.96 |
| 52 Week Low | SEK 0.86 |
| Beta | 0.29 |
| 1 Month Change | 46.99% |
| 3 Month Change | 49.31% |
| 1 Year Change | 57.71% |
| 3 Year Change | -90.24% |
| 5 Year Change | -94.34% |
| Change since IPO | -93.32% |
Recent News & Updates
Recent updates
Is Midsummer (STO:MIDS) A Risky Investment?
Sep 04
Would Midsummer (STO:MIDS) Be Better Off With Less Debt?
Aug 24Does Midsummer (STO:MIDS) Have A Healthy Balance Sheet?
May 10Is Midsummer (STO:MIDS) A Risky Investment?
Dec 07Is Midsummer (STO:MIDS) Using Debt In A Risky Way?
Mar 10Midsummer's(STO:MIDS) Share Price Is Down 51% Over The Past Year.
Jan 16
Here's Why Midsummer (STO:MIDS) Can Afford Some Debt
Nov 24Shareholder Returns
| MIDS | SE Semiconductor | SE Market | |
|---|---|---|---|
| 7D | 8.3% | 15.3% | -2.0% |
| 1Y | 57.7% | -37.1% | 4.4% |
Return vs Industry: MIDS exceeded the Swedish Semiconductor industry which returned -37.1% over the past year.
Return vs Market: MIDS exceeded the Swedish Market which returned 4.4% over the past year.
Price Volatility
| MIDS volatility | |
|---|---|
| MIDS Average Weekly Movement | 13.1% |
| Semiconductor Industry Average Movement | 7.9% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SE Market | 11.4% |
| 10% least volatile stocks in SE Market | 3.2% |
Stable Share Price: MIDS's share price has been volatile over the past 3 months compared to the Swedish market.
Volatility Over Time: MIDS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 127 | Eric Jaremalm | 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
| MIDS fundamental statistics | |
|---|---|
| Market cap | SEK 317.51m |
| Earnings (TTM) | -SEK 171.97m |
| Revenue (TTM) | SEK 81.13m |
3.9x
P/S Ratio-1.8x
P/E RatioIs MIDS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MIDS income statement (TTM) | |
|---|---|
| Revenue | SEK 81.13m |
| Cost of Revenue | -SEK 867.00k |
| Gross Profit | SEK 82.00m |
| Other Expenses | SEK 253.97m |
| Earnings | -SEK 171.97m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.82 |
| Gross Margin | 101.07% |
| Net Profit Margin | -211.96% |
| Debt/Equity Ratio | 242.1% |
How did MIDS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:43 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Midsummer AB (publ) is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Orjan Roden | Penser Access |