Midway Holding AB (publ) Logo

Midway Holding AB (publ)

MIDW-B.ST

(1.5)
Stock Price

20,80 SEK

4.89% ROA

6.79% ROE

16.2x PER

Market Cap.

743.122.353,00 SEK

61.58% DER

1.65% Yield

3.69% NPM

Midway Holding AB (publ) Stock Analysis

Midway Holding 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.

Midway Holding AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.75x) suggests it's undervalued, making it an attractive opportunity for investors.

2 ROE

ROE in an average range (6.79%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (4.22%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 DER

The stock has a reasonable amount of debt compared to its ownership (64%), suggesting a balanced financial position and a moderate level of risk.

5 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-11.684) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Midway Holding 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.

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

Midway Holding 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.

Midway Holding AB (publ) Revenue
Year Revenue Growth
2002 1.944.600.000
2003 1.949.100.000 0.23%
2004 2.082.200.000 6.39%
2005 2.070.900.000 -0.55%
2006 2.358.200.000 12.18%
2007 2.449.500.000 3.73%
2009 1.688.800.000 -45.04%
2010 2.031.800.000 16.88%
2011 2.243.400.000 9.43%
2012 2.311.600.000 2.95%
2013 2.377.100.000 2.76%
2014 2.365.400.000 -0.49%
2015 2.117.400.000 -11.71%
2016 1.670.800.000 -26.73%
2017 1.636.700.000 -2.08%
2018 1.165.200.000 -40.47%
2019 0 0%
2020 588.400.000 100%
2021 863.200.000 31.84%
2022 1.168.000.000 26.1%
2023 1.004.000.000 -16.33%
2023 1.188.000.000 15.49%
2024 968.000.000 -22.73%

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.

Midway Holding AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2002 4.100.000
2003 4.200.000 2.38%
2004 4.600.000 8.7%
2005 5.300.000 13.21%
2006 5.400.000 1.85%
2007 7.700.000 29.87%
2009 10.700.000 28.04%
2010 10.000.000 -7%
2011 11.200.000 10.71%
2012 9.500.000 -17.89%
2013 10.300.000 7.77%
2014 10.100.000 -1.98%
2015 10.300.000 1.94%
2016 10.600.000 2.83%
2017 10.400.000 -1.92%
2018 11.900.000 12.61%
2019 0 0%
2020 15.500.000 100%
2021 16.500.000 6.06%
2022 21.000.000 21.43%
2023 0 0%
2023 26.000.000 100%
2024 20.000.000 -30%

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.

Midway Holding AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 119.500.000
2003 114.900.000 -4%
2004 121.500.000 5.43%
2005 127.100.000 4.41%
2006 144.700.000 12.16%
2007 150.800.000 4.05%
2009 143.800.000 -4.87%
2010 146.500.000 1.84%
2011 161.200.000 9.12%
2012 169.000.000 4.62%
2013 178.000.000 5.06%
2014 173.300.000 -2.71%
2015 135.100.000 -28.28%
2016 102.200.000 -32.19%
2017 113.600.000 10.04%
2018 95.300.000 -19.2%
2019 0 0%
2020 62.200.000 100%
2021 71.900.000 13.49%
2022 99.000.000 27.37%
2023 88.000.000 -12.5%
2023 81.000.000 -8.64%
2024 80.000.000 -1.25%

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.

Midway Holding AB (publ) EBITDA
Year EBITDA Growth
2002 72.400.000
2003 75.600.000 4.23%
2004 12.200.000 -519.67%
2005 -57.000.000 121.4%
2006 -256.400.000 77.77%
2007 -126.200.000 -103.17%
2009 65.800.000 291.79%
2010 122.200.000 46.15%
2011 47.100.000 -159.45%
2012 61.000.000 22.79%
2013 68.200.000 10.56%
2014 98.800.000 30.97%
2015 116.900.000 15.48%
2016 100.900.000 -15.86%
2017 76.500.000 -31.9%
2018 72.900.000 -4.94%
2019 -2.300.000 3269.57%
2020 51.300.000 104.48%
2021 153.700.000 66.62%
2022 146.000.000 -5.27%
2023 76.000.000 -92.11%
2023 152.000.000 50%
2024 28.000.000 -442.86%

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.

Midway Holding AB (publ) Gross Profit
Year Gross Profit Growth
2002 377.200.000
2003 316.500.000 -19.18%
2004 358.600.000 11.74%
2005 402.300.000 10.86%
2006 490.100.000 17.91%
2007 513.400.000 4.54%
2009 297.200.000 -72.75%
2010 400.600.000 25.81%
2011 403.900.000 0.82%
2012 384.500.000 -5.05%
2013 437.100.000 12.03%
2014 422.700.000 -3.41%
2015 423.100.000 0.09%
2016 386.400.000 -9.5%
2017 325.100.000 -18.86%
2018 269.800.000 -20.5%
2019 0 0%
2020 173.000.000 100%
2021 276.700.000 37.48%
2022 361.000.000 23.35%
2023 332.000.000 -8.73%
2023 397.000.000 16.37%
2024 348.000.000 -14.08%

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.

Midway Holding AB (publ) Net Profit
Year Net Profit Growth
2002 10.400.000
2003 20.400.000 49.02%
2004 52.100.000 60.84%
2005 91.500.000 43.06%
2006 272.600.000 66.43%
2007 143.200.000 -90.36%
2009 -4.800.000 3083.33%
2010 36.500.000 113.15%
2011 -13.500.000 370.37%
2012 -14.700.000 8.16%
2013 -16.300.000 9.82%
2014 -51.600.000 68.41%
2015 15.900.000 424.53%
2016 -42.100.000 137.77%
2017 -18.700.000 -125.13%
2018 1.900.000 1084.21%
2019 0 0%
2020 -600.000 100%
2021 58.100.000 101.03%
2022 71.000.000 18.17%
2023 40.000.000 -77.5%
2023 62.000.000 35.48%
2024 16.000.000 -287.5%

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.

Midway Holding AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 1 0%
2004 2 100%
2005 4 33.33%
2006 11 72.73%
2007 6 -120%
2009 0 0%
2010 1 100%
2011 -1 0%
2012 -1 0%
2013 -1 0%
2014 -2 100%
2015 1 0%
2016 -2 100%
2017 -1 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 2 100%
2022 3 0%
2023 1 -100%
2023 2 50%
2024 1 0%

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.

Midway Holding AB (publ) Free Cashflow
Year Free Cashflow Growth
2002 108.800.000
2003 52.700.000 -106.45%
2004 110.100.000 52.13%
2005 175.500.000 37.26%
2006 152.700.000 -14.93%
2007 75.800.000 -101.45%
2009 62.500.000 -21.28%
2010 -44.200.000 241.4%
2011 -47.900.000 7.72%
2012 -49.100.000 2.44%
2013 -66.100.000 25.72%
2014 -29.300.000 -125.6%
2015 -138.700.000 78.88%
2016 35.600.000 489.61%
2017 37.000.000 3.78%
2018 98.500.000 62.44%
2019 0 0%
2020 22.300.000 100%
2021 -24.400.000 191.39%
2022 -108.000.000 77.41%
2023 4.000.000 2800%
2023 130.000.000 96.92%
2024 -22.000.000 690.91%

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.

Midway Holding AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2002 172.800.000
2003 115.700.000 -49.35%
2004 158.100.000 26.82%
2005 175.500.000 9.91%
2006 152.700.000 -14.93%
2007 160.300.000 4.74%
2009 120.000.000 -33.58%
2010 30.500.000 -293.44%
2011 25.400.000 -20.08%
2012 24.800.000 -2.42%
2013 3.000.000 -726.67%
2014 36.800.000 91.85%
2015 -37.900.000 197.1%
2016 115.500.000 132.81%
2017 106.500.000 -8.45%
2018 161.800.000 34.18%
2019 0 0%
2020 118.100.000 100%
2021 101.100.000 -16.82%
2022 -53.000.000 290.75%
2023 4.000.000 1425%
2023 153.000.000 97.39%
2024 -18.000.000 950%

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.

Midway Holding AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2002 64.000.000
2003 63.000.000 -1.59%
2004 48.000.000 -31.25%
2005 0 0%
2006 0 0%
2007 84.500.000 100%
2009 57.500.000 -46.96%
2010 74.700.000 23.03%
2011 73.300.000 -1.91%
2012 73.900.000 0.81%
2013 69.100.000 -6.95%
2014 66.100.000 -4.54%
2015 100.800.000 34.42%
2016 79.900.000 -26.16%
2017 69.500.000 -14.96%
2018 63.300.000 -9.79%
2019 0 0%
2020 95.800.000 100%
2021 125.500.000 23.67%
2022 55.000.000 -128.18%
2023 0 0%
2023 23.000.000 100%
2024 4.000.000 -475%

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.

Midway Holding AB (publ) Equity
Year Equity Growth
2002 496.100.000
2003 474.400.000 -4.57%
2004 499.900.000 5.1%
2005 559.900.000 10.72%
2006 756.700.000 26.01%
2007 789.500.000 4.15%
2009 627.400.000 -25.84%
2010 621.300.000 -0.98%
2011 563.700.000 -10.22%
2012 514.300.000 -9.61%
2013 492.600.000 -4.41%
2014 452.700.000 -8.81%
2015 452.300.000 -0.09%
2016 412.200.000 -9.73%
2017 389.400.000 -5.86%
2018 390.300.000 0.23%
2019 0 0%
2020 470.700.000 100%
2021 539.700.000 12.78%
2022 608.000.000 11.23%
2023 643.000.000 5.44%
2023 660.000.000 2.58%
2024 669.000.000 1.35%

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.

Midway Holding AB (publ) Assets
Year Assets Growth
2002 1.323.400.000
2003 1.197.700.000 -10.5%
2004 1.137.700.000 -5.27%
2005 1.254.700.000 9.32%
2006 1.364.000.000 8.01%
2007 1.403.300.000 2.8%
2009 1.168.000.000 -20.15%
2010 1.306.100.000 10.57%
2011 1.377.200.000 5.16%
2012 1.394.800.000 1.26%
2013 1.433.500.000 2.7%
2014 1.424.700.000 -0.62%
2015 1.456.200.000 2.16%
2016 1.185.900.000 -22.79%
2017 1.075.300.000 -10.29%
2018 879.100.000 -22.32%
2019 0 0%
2020 669.100.000 100%
2021 983.900.000 32%
2022 1.439.000.000 31.63%
2023 1.333.000.000 -7.95%
2023 1.410.000.000 5.46%
2024 1.361.000.000 -3.6%

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.

Midway Holding AB (publ) Liabilities
Year Liabilities Growth
2002 812.500.000
2003 707.700.000 -14.81%
2004 636.900.000 -11.12%
2005 692.600.000 8.04%
2006 604.500.000 -14.57%
2007 613.800.000 1.52%
2009 540.600.000 -13.54%
2010 677.300.000 20.18%
2011 804.700.000 15.83%
2012 870.800.000 7.59%
2013 929.900.000 6.36%
2014 960.800.000 3.22%
2015 993.200.000 3.26%
2016 773.500.000 -28.4%
2017 685.400.000 -12.85%
2018 488.800.000 -40.22%
2019 0 0%
2020 198.400.000 100%
2021 444.200.000 55.34%
2022 831.000.000 46.55%
2023 690.000.000 -20.43%
2023 750.000.000 8%
2024 692.000.000 -8.38%

Midway Holding AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
39.38
Net Income per Share
1.68
Price to Earning Ratio
16.2x
Price To Sales Ratio
0.69x
POCF Ratio
10.07
PFCF Ratio
10.62
Price to Book Ratio
1.11
EV to Sales
1.01
EV Over EBITDA
13.81
EV to Operating CashFlow
14.74
EV to FreeCashFlow
15.59
Earnings Yield
0.06
FreeCashFlow Yield
0.09
Market Cap
0,74 Bil.
Enterprise Value
1,09 Bil.
Graham Number
30.48
Graham NetNet
-17.07

Income Statement Metrics

Net Income per Share
1.68
Income Quality
1.3
ROE
0.07
Return On Assets
0.03
Return On Capital Employed
0.06
Net Income per EBT
0.76
EBT Per Ebit
0.71
Ebit per Revenue
0.07
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.07
Pretax Profit Margin
0.05
Net Profit Margin
0.04

Dividends

Dividend Yield
0.02
Dividend Yield %
1.65
Payout Ratio
0
Dividend Per Share
0.45

Operating Metrics

Operating Cashflow per Share
2.71
Free CashFlow per Share
2.56
Capex to Operating CashFlow
0.05
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.06
Return on Tangible Assets
0.05
Days Sales Outstanding
0
Days Payables Outstanding
45.17
Days of Inventory on Hand
168.22
Receivables Turnover
0
Payables Turnover
8.08
Inventory Turnover
2.17
Capex per Share
0.15

Balance Sheet

Cash per Share
2,34
Book Value per Share
24,51
Tangible Book Value per Share
9.08
Shareholders Equity per Share
24.51
Interest Debt per Share
15.2
Debt to Equity
0.62
Debt to Assets
0.3
Net Debt to EBITDA
4.41
Current Ratio
6.86
Tangible Asset Value
0,25 Bil.
Net Current Asset Value
-0,10 Bil.
Invested Capital
1266000000
Working Capital
0,51 Bil.
Intangibles to Total Assets
0.31
Average Receivables
0,00 Bil.
Average Payables
0,07 Bil.
Average Inventory
331000000
Debt to Market Cap
0.55

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.

Midway Holding AB (publ) Dividends
Year Dividends Growth
2000 1
2001 1 100%
2002 1 0%
2003 1 100%
2006 3 50%
2007 5 60%
2008 5 0%
2009 2 -150%
2010 1 -100%
2011 2 0%
2012 1 0%
2019 1 0%
2020 1 0%
2022 1 0%
2023 0 0%

Midway Holding AB (publ) Profile

About Midway Holding AB (publ)

Midway Holding AB (publ) offers scaffolding systems and services for complex projects in industry, infrastructure, and construction. It develops and delivers scaffolding systems, weather protection systems, hanging scaffolding, and stamping systems; develops, produces, and markets equipment for converting plastic materials to rolled products; operates as a subcontractor; and offers customized system solutions; and provides contract manufacturing for industrial customers. The company also imports and sells grinding and construction machines, lifting equipment, material handling equipment, air purifiers, industrial vacuums cleaners, and twister cleaning systems and lasers to construction industry. Midway Holding AB (publ) was founded in 1989 and is headquartered in Malmö, Sweden.

CEO
Mr. Sverker Lindberg
Employee
311
Address
Norra Vallgatan 70
Malmö, 211 22

Midway Holding AB (publ) Executives & BODs

Midway Holding AB (publ) Executives & BODs
# Name Age
1 Thomas Hilmarsson
Chief Financial Officer
70
2 Mr. Leif Göransson
Head of Asset Management
70
3 Ms. Åsa Olofsson
Head of Administration
70
4 Mr. Sverker Lindberg
Chief Executive Officer
70
5 Mr. Tomas Hilmarsson
Chief Financial Officer
70
6 Ms. Fia Lindgren
Chief Supply Chain Officer
70

Midway Holding AB (publ) Competitors