Mips AB MIPS

Morningstar Rating
SEK 395.20 +8.60 (2.22%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MIPS is trading at a LOCK|bB@#h? premium.
Price
SEK 395.20
Fair Value
LOCK|>.c!!HR!P!
Uncertainty
LOCK|Hv
1-Star Price
LOCK|f.R?ch&!
5-Star Price
LOCK|^.^!c%n$bK
Economic Moat
LOCK|bgH!X
Capital Allocation
—

Trading Information

Previous Close Price
SEK 386.60
Day Range
SEK 386.60–403.40
52-Week Range
SEK 206.00–448.80
Bid/Ask
SEK 394.20 / SEK 395.20
Shares Outstanding
26.50M
Market Cap
SEK 10.47B
Volume/Avg
87,315 / 111,993

Key Statistics

Price/Earnings (Normalized)
57.95
Price/Sales
15.77
Dividend Yield (Trailing)
0.63%
Dividend Yield (Forward)
0.63%
Dividend Payment Schedule
Apr
Total Yield
0.63%

Company Profile

Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
Sector
Consumer Cyclical
Industry
Leisure
Stock Style Box
Small Growth
Total Number of Employees
127

Valuation

Metric
MIPS
Price/Earnings (Normalized)
57.95
Price/Book Value
16.83
Price/Sales
15.77
Price/Cash Flow
49.15
Price/Earnings
MIPS

Financial Strength

Metric
MIPS
Quick Ratio
2.56
Current Ratio
2.68
Interest Coverage
17.62
Quick Ratio
MIPS

Profitability

Metric
MIPS
Return on Assets (Normalized)
15.98%
Return on Equity (Normalized)
29.36%
Return on Invested Capital (Normalized)
23.30%
Return on Assets
MIPS

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