Added to YB: 2025-09-18
Pitch date: 2025-09-16
MIPS.ST [neutral]
Mips AB (publ)
-11.5%
current return
Author Info
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Company Info
Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia.
Market Cap
SEK 10.1B
Pitch Price
SEK 380.80
Price Target
600.00 (+78%)
Dividend
1.71%
EV/EBITDA
52.30
P/E
72.11
EV/Sales
18.98
Sector
Leisure Products
Category
growth
Mips AB - A Stock Analysis
MIPS.ST (deep dive): Swedish helmet safety tech leader w/ patented rotational impact protection system. 2024: +35% revenue to SEK 483M, 36% EBIT margin. Dominates premium helmets (91/100 top models use MIPS). Expanding into motorcycle/industrial segments. Targets >SEK 2B revenue by 2029 (4x growth). Risks: high 60-70x P/E, customer concentration, patent expiry, tariff headwinds in Q2 2025.
Read full article (24 min)