Mips AB (MIPS) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

35.56 k

Shareholding (Dec 2023)

FII

0.00%

Held by 1 FIIs

DII

100.0%

Held by 0 DIIs

Promoter

0.00%

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 26.11%

Healthy long term growth as Net Sales has grown by an annual rate of 11.18% and Operating profit at 4.74%
Company has very low debt and has enough cash to service the debt requirements

The company has declared Positive results for the last 4 consecutive quarters

With ROE of 27.89%, it has a very expensive valuation with a 17.68 Price to Book Value

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Media & Entertainment

Market cap

SEK 8,324 Million (Small Cap)

P/E

63.00

Industry P/E

Dividend Yield

2.07%

Debt Equity

-0.51

Return on Equity

25.75%

Price to Book

15.53

Revenue and Profits:

Net Sales:

135 Million

(Quarterly Results - Jun 2025)

Net Profit:

32 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-22.18%

6 Months

-25.56%

1 Year

-35.94%

2 Years

-1.64%

3 Years

-25.85%

4 Years

-73.71%

5 Years

-29.68%

Mips AB for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

11.18%

EBIT Growth (5y)

4.74%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.62

Sales to Capital Employed (avg)

0.74

Tax Ratio

22.92%

Dividend Payout Ratio

122.12%

Pledged Shares

Institutional Holding

0.00%

ROCE (avg)

125.19%

ROE (avg)

26.11%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

17.68

EV to EBIT

49.07

EV to EBITDA

45.22

EV to Capital Employed

32.71

EV to Sales

16.71

PEG Ratio

0.90

Dividend Yield

1.94%

ROCE (Latest)

66.67%

ROE (Latest)

27.89%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2023

Shareholding Compare (%holding)

Majority shareholders

Foreign Institutions

Domestic Funds

Held in 0 Schemes (0%)

Foreign Institutions

Held by 1 Foreign Institutions (0.0%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 1.50% vs 30.39% in Jun 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -20.00% vs 100.00% in Jun 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "135.00",
          "val2": "133.00",
          "chgp": "1.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "42.00",
          "val2": "57.00",
          "chgp": "-26.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "32.00",
          "val2": "40.00",
          "chgp": "-20.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "274.10%",
          "val2": "391.00%",
          "chgp": "-11.69%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 35.29% vs -36.59% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 120.31% vs -63.43% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "483.00",
          "val2": "357.00",
          "chgp": "35.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "193.00",
          "val2": "103.00",
          "chgp": "87.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "2.00",
          "val2": "13.00",
          "chgp": "-84.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "141.00",
          "val2": "64.00",
          "chgp": "120.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "360.20%",
          "val2": "238.10%",
          "chgp": "12.21%",
          "chgp_class": "positive"
        }
      ]
    }
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]

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

135.00

133.00

1.50%

Operating Profit (PBDIT) excl Other Income

42.00

57.00

-26.32%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

32.00

40.00

-20.00%

Operating Profit Margin (Excl OI)

274.10%

391.00%

-11.69%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is 1.50% vs 30.39% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -20.00% vs 100.00% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

483.00

357.00

35.29%

Operating Profit (PBDIT) excl Other Income

193.00

103.00

87.38%

Interest

2.00

0.00

Exceptional Items

2.00

13.00

-84.62%

Consolidate Net Profit

141.00

64.00

120.31%

Operating Profit Margin (Excl OI)

360.20%

238.10%

12.21%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 35.29% vs -36.59% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 120.31% vs -63.43% in Dec 2023

All Annual Results

Company CV

About Mips AB

Mips AB

Media & Entertainment

Mips AB is a Sweden-based company, which specializes in helmet safety and brain protection. The Company offers its MIPS Brain Protection System (BPS) that implies solutions protecting against rotational motion transferred to the brain from angled impacts to the head. BPS is designed to add protection in helmets due to the low friction layer, which enables a relative movement between the head and the helmet, mimicking the brain’s own protection system. The technology implements into bicycle, snow, motorcycle and equestrian helmets. More than 40 helmet brands use BPS, including Bell, Fox Head, Giro, Scott, Smith and Trek, among others. The Company determines only one segment as operations solely comprise sales of the component kit included in consumer products.

Company Coordinates

Company Details

Kemistvagen 1 , TABY None : 183 79

Tel: 46 8 12864000

http://www.mipscorp.com/

Registrar Details