Midsummer AB (publ) Logo

Midsummer AB (publ)

MIDS.ST

(1.5)
Stock Price

1,02 SEK

-51.91% ROA

-120.85% ROE

-1.01x PER

Market Cap.

226.071.692,00 SEK

227.28% DER

0% Yield

-455.15% NPM

Midsummer AB (publ) Stock Analysis

Midsummer AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Midsummer AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.26x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a reasonable amount of debt compared to its ownership (86%), suggesting a balanced financial position and a moderate level of risk.

3 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

4 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

5 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

6 ROE

The stock's ROE indicates a negative return (-85.64%) on shareholders' equity, suggesting poor financial performance.

7 ROA

The stock's ROA (-34.62%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (0), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Midsummer AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Midsummer AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Midsummer AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Midsummer AB (publ) Revenue
Year Revenue Growth
2012 14.897.421
2013 43.498.939 65.75%
2014 9.809.752 -343.43%
2015 30.910.342 68.26%
2016 59.352.000 47.92%
2017 115.009.000 48.39%
2018 218.156.095 47.28%
2019 184.466.724 -18.26%
2020 71.954.000 -156.37%
2021 94.406.000 23.78%
2022 53.376.000 -76.87%
2023 47.592.000 -12.15%
2023 49.630.000 4.11%
2024 48.876.000 -1.54%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Midsummer AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2012 6.314.432
2013 7.867.667 19.74%
2014 8.203.688 4.1%
2015 9.763.027 15.97%
2016 9.912.695 1.51%
2017 9.544.521 -3.86%
2018 12.320.358 22.53%
2019 13.551.000 9.08%
2020 9.798.000 -38.3%
2021 17.086.000 42.65%
2022 19.022.000 10.18%
2023 0 0%
2023 21.064.000 100%
2024 21.304.000 1.13%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Midsummer AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 9.494.000 100%
2017 11.414.000 16.82%
2018 19.611.768 41.8%
2019 18.627.417 -5.28%
2020 17.995.000 -3.51%
2021 33.969.000 47.03%
2022 0 0%
2023 0 0%
2023 0 0%
2024 113.508.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Midsummer AB (publ) EBITDA
Year EBITDA Growth
2012 -16.147.721
2013 9.329.517 273.08%
2014 -13.260.979 170.35%
2015 -1.605.960 -725.74%
2016 23.369.241 106.87%
2017 42.843.000 45.45%
2018 59.500.871 28%
2019 6.315.270 -842.17%
2020 -49.235.000 112.83%
2021 -70.831.000 30.49%
2022 -34.937.000 -102.74%
2023 -129.908.000 73.11%
2023 -134.229.000 3.22%
2024 -218.688.000 38.62%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Midsummer AB (publ) Gross Profit
Year Gross Profit Growth
2012 11.788.320
2013 21.841.885 46.03%
2014 1.104.761 -1877.07%
2015 -12.162.943 109.08%
2016 50.330.000 124.17%
2017 77.336.000 34.92%
2018 124.964.536 38.11%
2019 91.159.368 -37.08%
2020 54.317.000 -67.83%
2021 27.305.000 -98.93%
2022 -18.107.000 250.8%
2023 1.284.000 1510.2%
2023 -204.025.000 100.63%
2024 -14.316.000 -1325.15%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Midsummer AB (publ) Net Profit
Year Net Profit Growth
2012 -36.125.973
2013 10.120.742 456.95%
2014 -28.852.708 135.08%
2015 -8.264.658 -249.11%
2016 10.400.000 179.47%
2017 23.108.000 54.99%
2018 36.856.120 37.3%
2019 -40.291.841 191.47%
2020 -116.354.000 65.37%
2021 -129.512.000 10.16%
2022 -87.835.000 -47.45%
2023 -207.936.000 57.76%
2023 -222.214.000 6.43%
2024 -292.524.000 24.04%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Midsummer AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 -3
2013 1 0%
2014 -2 100%
2015 -9 77.78%
2016 0 0%
2017 1 0%
2018 1 0%
2019 -1 0%
2020 -2 100%
2021 -2 -100%
2022 -1 0%
2023 -2 100%
2023 -2 0%
2024 -1 -100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Midsummer AB (publ) Free Cashflow
Year Free Cashflow Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 -2.575.109 100%
2017 8.277.099 131.11%
2018 -60.169.190 113.76%
2019 -104.171.352 42.24%
2020 -132.694.000 21.5%
2021 -178.735.000 25.76%
2022 -171.169.000 -4.42%
2023 -73.792.000 -131.96%
2023 -134.919.000 45.31%
2024 62.892.000 314.52%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Midsummer AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 3.957.381 100%
2017 37.458.950 89.44%
2018 -49.603.098 175.52%
2019 -72.877.807 31.94%
2020 -79.694.000 8.55%
2021 -63.388.000 -25.72%
2022 -101.367.000 37.47%
2023 -73.792.000 -37.37%
2023 -71.015.000 -3.91%
2024 68.068.000 204.33%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Midsummer AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 6.532.490 100%
2017 29.181.851 77.61%
2018 10.566.092 -176.18%
2019 31.293.545 66.24%
2020 53.000.000 40.96%
2021 115.347.000 54.05%
2022 69.802.000 -65.25%
2023 0 0%
2023 63.904.000 100%
2024 5.176.000 -1134.62%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Midsummer AB (publ) Equity
Year Equity Growth
2012 39.502.014
2013 38.240.094 -3.3%
2014 12.701.895 -201.06%
2015 1.374.945 -823.81%
2016 11.775.000 88.32%
2017 34.884.000 66.25%
2018 163.075.494 78.61%
2019 100.271.298 -62.63%
2020 255.933.000 60.82%
2021 252.956.000 -1.18%
2022 183.482.000 -37.86%
2023 194.654.000 5.74%
2023 216.435.000 10.06%
2024 110.045.000 -96.68%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Midsummer AB (publ) Assets
Year Assets Growth
2012 52.660.545
2013 50.154.442 -5%
2014 25.455.410 -97.03%
2015 35.139.262 27.56%
2016 50.875.000 30.93%
2017 96.061.000 47.04%
2018 208.783.078 53.99%
2019 351.656.153 40.63%
2020 520.394.000 32.43%
2021 491.236.000 -5.94%
2022 469.424.000 -4.65%
2023 517.558.999 9.3%
2023 518.331.000 0.15%
2024 465.263.000 -11.41%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Midsummer AB (publ) Liabilities
Year Liabilities Growth
2012 13.158.531
2013 3.914.348 -236.16%
2014 12.753.515 69.31%
2015 33.764.317 62.23%
2016 39.100.000 13.65%
2017 61.177.000 36.09%
2018 45.707.584 -33.84%
2019 251.384.855 81.82%
2020 264.461.000 4.94%
2021 238.280.000 -10.99%
2022 285.942.000 16.67%
2023 322.905.000 11.45%
2023 301.896.000 -6.96%
2024 355.218.000 15.01%

Midsummer AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.23
Net Income per Share
-1.06
Price to Earning Ratio
-1.01x
Price To Sales Ratio
4.81x
POCF Ratio
-5.34
PFCF Ratio
-2.16
Price to Book Ratio
1.97
EV to Sales
8.09
EV Over EBITDA
-3.46
EV to Operating CashFlow
-9.37
EV to FreeCashFlow
-3.64
Earnings Yield
-0.99
FreeCashFlow Yield
-0.46
Market Cap
0,23 Bil.
Enterprise Value
0,38 Bil.
Graham Number
3.62
Graham NetNet
-0.96

Income Statement Metrics

Net Income per Share
-1.06
Income Quality
0.18
ROE
-1.21
Return On Assets
-0.46
Return On Capital Employed
-0.49
Net Income per EBT
0.99
EBT Per Ebit
1.23
Ebit per Revenue
-3.74
Effective Tax Rate
-0.03

Margins

Sales, General, & Administrative to Revenue
0.6
Research & Developement to Revenue
0.56
Stock Based Compensation to Revenue
0
Gross Profit Margin
-1.65
Operating Profit Margin
-3.74
Pretax Profit Margin
-4.62
Net Profit Margin
-4.55

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.2
Free CashFlow per Share
-0.52
Capex to Operating CashFlow
-1.57
Capex to Revenue
1.36
Capex to Depreciation
0.67
Return on Invested Capital
-0.5
Return on Tangible Assets
-0.52
Days Sales Outstanding
540.56
Days Payables Outstanding
60.87
Days of Inventory on Hand
78.26
Receivables Turnover
0.68
Payables Turnover
6
Inventory Turnover
4.66
Capex per Share
0.32

Balance Sheet

Cash per Share
0,48
Book Value per Share
0,55
Tangible Book Value per Share
0.28
Shareholders Equity per Share
0.55
Interest Debt per Share
1.47
Debt to Equity
2.27
Debt to Assets
0.54
Net Debt to EBITDA
-1.4
Current Ratio
1.75
Tangible Asset Value
0,06 Bil.
Net Current Asset Value
-0,16 Bil.
Invested Capital
355312000
Working Capital
0,08 Bil.
Intangibles to Total Assets
0.11
Average Receivables
0,07 Bil.
Average Payables
0,02 Bil.
Average Inventory
29913500
Debt to Market Cap
1.11

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Midsummer AB (publ) Dividends
Year Dividends Growth

Midsummer AB (publ) Profile

About Midsummer AB (publ)

Midsummer AB (publ) develops and supplies equipment for manufacturing CIGS thin film solar cells in Sweden. It offers Duo, a fully automatic deposition system for CIGS solar cell manufacturing; UNO, a platform for CIGS and CZTS solar cells; and flexible and lightweight modules for PV applications in membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers, or other infrastructure projects. The company is headquartered in Järfälla, Sweden.

CEO
Mr. Eric Jaremalm
Employee
127
Address
Elektronikhojden 6
Järfälla, 175 43

Midsummer AB (publ) Executives & BODs

Midsummer AB (publ) Executives & BODs
# Name Age
1 Ms. Asa Jynnesjo
Chief Financial Officer
70
2 Richard Jordberg
Head of Sustainability
70
3 Mr. Eric Jaremalm
Co-Founder & Chief Executive Officer
70
4 Mr. Sven Lindström
Co-Founder, Executive Vice President, Manager of Business Development & Product Portfolio and Director
70

Midsummer AB (publ) Competitors