Valuation: Minesto AB

Market Cap 192M 20.31M 17.42M 16.27M 14.92M 28.06M 1.94B 28.53M 75.16M 974M 76.25M 74.59M 3.22B P/E 2023
-46.2x
P/E 2024 -12.2x
Enterprise Value 158M 16.67M 14.3M 13.35M 12.25M 23.04M 1.59B 23.42M 61.69M 799M 62.59M 61.23M 2.64B EV / Sales 2023
30.7x
EV / Sales 2024 16.5x
Free-Float
86.67%
Yield 2023 *
-
Yield 2024 -
1 day+2.06%
1 week-3.98%
Current month+5.81%
1 month-6.00%
3 months+111.61%
6 months+205.82%
Current year+142.01%
1 week 1.65
Extreme 1.65
1.9
1 month 1.5
Extreme 1.502
2.25
Current year 0.5
Extreme 0.502
2.4
1 year 0.5
Extreme 0.502
3.72
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 2016-02-02
Director of Finance/CFO - 2025-09-30
Chief Tech/Sci/R&D Officer - 2017-09-14
Director TitleAgeSince
Director/Board Member 64 2009-07-12
Chairman 57 2007-12-31
Chairman 65 -
Date Insider Type Main position Quantity % Market Cap.
10/29/25 Buy

Chief Executive Officer

94,287 0.0469%
3/28/25 Fiscal year

Executive/Senior Manager

684 0.0003%
3/28/25 Fiscal year

Executive/Senior Manager

684 0.0003%
Change 5-day change 1-year change 3-year change Capi.($)
+2.06%-3.98%-49.04%-57.53% 48.16M
+1.14%+0.72%+6.55%+34.62% 27.01B
-3.23%-7.36%-39.44% - 24.17B
-3.31%-6.13% - - 23.69B
+0.68%-1.30%+33.39%+27.62% 22.28B
+0.60%-2.60%+28.63%-19.14% 16.57B
+0.87%-4.71%+166.59%+276.71% 11.25B
-1.57%-5.62%-5.62%+80.76% 7.76B
-17.59%-1.38%-1.16%-6.78% 7.58B
+1.76%-4.58%+64.49%+69.97% 4.09B
Average -1.86%-4.72%+22.71%+50.78% 14.44B
Weighted average by Cap. -1.59%-4.02%+20.91%+53.88%

Financials

2023 2024
Net sales 41.78M 4.42M 3.79M 3.54M 3.25M 6.11M 423M 6.21M 16.36M 212M 16.6M 16.24M 701M 25.71M 2.72M 2.33M 2.18M 2M 3.76M 260M 3.82M 10.07M 130M 10.21M 9.99M 431M
Net income -27.12M -2.87M -2.46M -2.3M -2.11M -3.97M -274M -4.03M -10.62M -138M -10.78M -10.54M -455M -36.1M -3.82M -3.28M -3.06M -2.81M -5.28M -365M -5.37M -14.14M -183M -14.34M -14.03M -605M
Net Debt -14.66M -1.55M -1.33M -1.24M -1.14M -2.14M -148M -2.18M -5.74M -74.35M -5.82M -5.7M -246M -34.39M -3.64M -3.12M -2.91M -2.67M -5.03M -348M -5.11M -13.47M -174M -13.66M -13.36M -577M
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
26-08-20 SEK 1.786 +2.06% 362,497
26-08-19 SEK 1.750 +2.82% 494,321
26-08-18 SEK 1.702 -1.96% 572,577
26-08-17 SEK 1.736 -4.82% 645,331
26-08-14 SEK 1.824 -1.94% 283,335

Annual profits - Rate of surprise

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