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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Midsummer AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 1.08 |
| 52 Week High | SEK 2.96 |
| 52 Week Low | SEK 0.82 |
| Beta | 0.31 |
| 11 Month Change | -14.83% |
| 3 Month Change | -43.75% |
| 1 Year Change | -50.57% |
| 33 Year Change | -90.32% |
| 5 Year Change | -96.87% |
| Change since IPO | -95.23% |
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 | 1.1% | -6.0% | -1.5% |
| 1Y | -50.6% | -33.0% | 18.7% |
Return vs Industry: MIDS underperformed the Swedish Semiconductor industry which returned -31.7% over the past year.
Return vs Market: MIDS underperformed the Swedish Market which returned 15.8% over the past year.
Price Volatility
| MIDS volatility | |
|---|---|
| MIDS Average Weekly Movement | 8.8% |
| Semiconductor Industry Average Movement | 6.5% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SE Market | 12.1% |
| 10% least volatile stocks in SE Market | 3.3% |
Stable Share Price: MIDS's share price has been volatile over the past 3 months.
Volatility Over Time: MIDS's weekly volatility (9%) 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 226.49m |
| Earnings (TTM) | -SEK 221.27m |
| Revenue (TTM) | SEK 65.69m |
3.4x
P/S Ratio-1.0x
P/E RatioIs MIDS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MIDS income statement (TTM) | |
|---|---|
| Revenue | SEK 65.69m |
| Cost of Revenue | SEK 7.37m |
| Gross Profit | SEK 58.32m |
| Other Expenses | SEK 279.59m |
| Earnings | -SEK 221.27m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.06 |
| Gross Margin | 88.79% |
| Net Profit Margin | -336.86% |
| Debt/Equity Ratio | 213.6% |
How did MIDS perform over the long term?
See historical performance and comparison