Added to YB: 2024-02-12
Pitch date: 2024-02-09
MIPS.ST [bullish]
Mips AB (publ)
+3.41%
current return
Author Info
Sleep Well Investments shares deep dives into time-tested businesses with high reinvestment potential. Get their premium stock pitches for 20% off.
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 325.89
Price Target
N/A
Dividend
1.71%
EV/EBITDA
52.30
P/E
72.11
EV/Sales
18.98
Sector
Leisure Products
Category
growth
MIPS AB Showing Growth
MIPS.ST Q4 shows recovery signs ahead of industry, -15% sales & profit decline rate. Moat: universal safety tech, 90%+ market share, strong in pro cycling & growth potential in motor, safety, Asia. Historically strong growth: 49% rev, 62% EPS, 39% FCF/shr CAGRs since '14. Owner bullish.
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