Mips AB

Chart & Performance

D1W1MN

P/E

195.31

P/S

35.01

EPS

2.42

Div Yield, %

1.15%

Shrs. gr., 5y

0.66%

Rev. gr., 5y

13.14%

Revenues

357m

-36.59%

Net income

64m

-63.43%

CFO

11m

-95.34%

Dividend

May 08, 20246 SEK/sh

Earnings

Feb 06, 2025

Profile

MIPS AB (publ) manufactures and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. It offers sports helmets for biking, skiing and snowboarding, equestrian, team sports, climbing, and white water rafting; and road motorcycle and motocross helmets. The company also provides safety helmets for industrial use, and legal enforcement and armed forces. MIPS AB (publ) was incorporated in 2001 and is headquartered in Täby, Sweden.

URL

https://mipscorp.com/

IPO date

Mar 23, 2017

Employees

102

Domiciled in

Incorporated in

Valuation

Order:

Title SEK in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SEK in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	357,000 -36.59%	563,000 -7.40%	608,000 66.58%
Cost of revenue	272,000	315,000	292,000
Unusual Expense (Income)
NOPBT	85,000	248,000	316,000
NOPBT Margin	23.81%	44.05%	51.97%
Operating Taxes	20,000	48,000	73,000
Tax Rate	23.53%	19.35%	23.10%
NOPAT	65,000	200,000	243,000
Net income	64,000 -63.43%	175,000 -31.37%	255,000 97.67%
Dividends	(144,000)	(131,000)	(92,000)
Dividend yield	1.50%	1.15%	0.29%
Proceeds from repurchase of equity	107,000
BB yield	-1.11%
Debt
Debt current	5,000	5,000	3,000
Long-term debt	23,000	29,000	11,000
Deferred revenue			(1,000)
Other long-term liabilities	9,000	10,000	1,000
Net debt	(460,000)	(499,000)	(431,925)
Cash flow
Cash from operating activities	11,000	236,000	277,000
CAPEX	(2,000)	(21,000)	(10,000)
Cash from investing activities	(89,000)	(22,000)	(11,000)
Cash from financing activities	(42,000)	(136,000)	(95,000)
FCF	(16,000)	227,000	281,000
Balance
Cash	408,000	533,000	450,000
Long term investments	80,000		(4,075)
Excess cash	470,150	504,850	415,525
Stockholders' equity	275,000	353,000	306,000
Invested Capital	405,000	252,000	221,000
ROIC	19.79%	84.57%	99.59%
ROCE	12.37%	40.86%	59.85%
EV
Common stock shares outstanding	26,398	26,411	26,490
Price	364.50 -15.21%	429.90 -63.78%	1,187.00 130.49%
Market cap	9,621,908 -15.26%	11,354,181 -63.89%	31,443,492 133.32%
EV	9,161,908	10,855,181	31,014,567
EBITDA	103,000	264,000	328,000
EV/EBITDA	88.95	41.12	94.56
Interest	1,000	1,000
Interest/NOPBT	1.18%	0.40%