Valuation: Minesto AB

Market Cap 19Cr 1.99Cr 1.74Cr 1.61Cr 1.48Cr 2.82Cr 189.9Cr 2.86Cr 7.54Cr 94Cr 7.48Cr 7.31Cr 321.61Cr P/E 2023
-46.2x
P/E 2024 -12.2x
Enterprise Value 16Cr 1.63Cr 1.43Cr 1.32Cr 1.22Cr 2.31Cr 155.88Cr 2.35Cr 6.19Cr 77Cr 6.14Cr 6Cr 263.98Cr EV / Sales 2023
30.7x
EV / Sales 2024 16.5x
Free-Float
86.67%
Yield 2023 *
-
Yield 2024 -
1 day+17.88%
1 week+46.73%
Current month+50.71%
1 month+88.39%
3 months+210.29%
6 months+198.44%
Current year+185.91%
1 week 1.44
Extreme 1.44
2.2
1 month 0.96
Extreme 0.965
2.2
Current year 0.5
Extreme 0.502
2.2
1 year 0.5
Extreme 0.502
4.5
3 years 0.5
Extreme 0.502
10.68
5 years 0.5
Extreme 0.502
23
10 years 0.5
Extreme 0.502
36.35
Manager TitleAgeSince
Chief Executive Officer 57 03/02/2016
Director of Finance/CFO - 01/10/2025
Chief Operating Officer - 07/06/2023
Director TitleAgeSince
Director/Board Member 64 13/07/2009
Chairman 57 01/01/2008
Chairman 65 -
Date Insider Type Main position Quantity % Market Cap.
29/25/29Buy

Chief Executive Officer

94,287 0.0469%
28/25/28Fiscal year

Executive/Senior Manager

684 0.0003%
28/25/28Fiscal year

Executive/Senior Manager

684 0.0003%
Change 5-day change 1-year change 3-year change Capi.($)
+17.88%+46.73%-43.66%-38.30% 5.69Cr
+1.30%-4.49% - - 2.88TCr
+3.36%-1.26%+54.40%+59.21% 2.65TCr
+0.21%+4.68%+1.80%+37.63% 2.64TCr
0.00%-4.31%+34.67%-21.29% 1.65TCr
+1.63%-2.16%+198.09%+289.84% 1.16TCr
+0.67%-2.96%-0.25%+105.25% 782.32Cr
-0.74%+4.48%+13.06%+6.17% 750.74Cr
-4.36%-13.10%+75.06%+96.81% 438.79Cr
+0.05%+3.16%-2.76%-14.80% 410.96Cr
Average +2.00%+2.94%+36.71%+57.83% 1.34TCr
Weighted average by Cap. +0.99%-1.26%+45.42%+64.77%

Financials

2023 2024
Net sales 4.18Cr 43.34L 37.91L 34.97L 32.3L 61.29L 41Cr 62.32L 1.64Cr 20Cr 1.63Cr 1.59Cr 70Cr 2.57Cr 26.67L 23.33L 21.52L 19.87L 37.71L 25Cr 38.35L 1.01Cr 13Cr 1Cr 97.96L 43Cr
Net income -2.71Cr -28.14L -24.61L -22.7L -20.97L -39.78L -27Cr -40.45L -1.07Cr -13Cr -1.06Cr -1.03Cr -45Cr -3.61Cr -37.45L -32.76L -30.22L -27.91L -52.96L -36Cr -53.85L -1.42Cr -18Cr -1.41Cr -1.38Cr -60Cr
Net Debt -1.47Cr -15.21L -13.3L -12.27L -11.33L -21.5L -15Cr -21.86L -57.57L -7.15Cr -57.1L -55.86L -25Cr -3.44Cr -35.67L -31.2L -28.78L -26.58L -50.44L -34Cr -51.29L -1.35Cr -17Cr -1.34Cr -1.31Cr -58Cr
Logo Minesto AB
Minesto AB is a Sweden-based company engaged in the development of tidal energy devices. The Company's product Deep Green, is a power plant that converts energy from tidal stream flows into electricity by way somewhat similar to the posture of a wind kite. The kite assembly, consisting of a wing and turbine, is attached by a tether to a fixed point on the ocean bed. As water flows over the hydrodynamic wind, a lift force is generated which allows the device to move smoothly through the water and for the turbine to rotate hence generating electricity. The Company has offices in Sweden, North Ireland and the United Kingdom. The Company is co-owned by SAAB, BGA Invest, Verdane Capital, Encubator and Midroc.
Employees
36
Date Price Change Volume
10/26/10 SEK 2.110 +17.88% 30,56,733
09/26/09 SEK 1.790 +5.67% 7,68,781
08/26/08 SEK 1.694 -4.08% 16,31,458
07/26/07 SEK 1.766 +19.32% 34,87,266
06/26/06 SEK 1.480 +2.92% 6,47,701

Annual profits - Rate of surprise

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