MIPS AB
Research MIPS AB (MIPS) on Bullrun: valuation model: 25.7% overvalued, market cap SEK 9.96B, P/E 60.4, dividend yield 0.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMIPS
- ExchangeST
- CountrySweden
- SectorConsumer Cyclical
- IndustryLeisure
- CurrencySEK
- Valuation signal25.7% overvalued
- Market capSEK 9.96B
- P/E60.4
- Dividend yield0.7%
- Financial periodQ2 2026
- RevenueSEK 232.00M
- Net incomeSEK 68.00M
- Free cash flowSEK 58.00M
- Gross margin74.1%
Valuation Snapshot
Bullrun's latest valuation model marks MIPS AB as 25.7% overvalued; latest market cap is SEK 9.96B; P/E is 60.4; dividend yield is 0.7%.
Peer valuation comparison
Latest P/E is 60.37x versus a Consumer Cyclical sector median of 17.59x (243.3% above).
Latest dividend yield is 0.68% versus a Consumer Cyclical sector median of 2.89% (76.5% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 533.00M | SEK 120.00M | n/a | 73.2% | n/a | SEK 214.00M | SEK 327.00M | SEK 562.00M |
| FY2024 | SEK 483.00M | SEK 141.00M | SEK 138.00M | 72.5% | 5.32 | SEK 382.00M | SEK 12.00M | SEK 641.00M |
| FY2023 | SEK 357.00M | SEK 64.00M | SEK 9.00M | 70.9% | 2.42 | SEK 408.00M | n/a | SEK 657.00M |
| FY2022 | SEK 563.00M | SEK 175.00M | SEK 230.00M | 72.1% | 6.63 | SEK 532.00M | n/a | SEK 626.00M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-23 | SEK 9.96B | 60.4 | 0.6% | 2.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.5 SEK, yield 0.7%.
| Year | Dividends/share |
|---|---|
| FY2024 | 6 SEK |
| FY2023 | 5.5 SEK |
| FY2022 | 5 SEK |
About MIPS AB
Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. The company provides sport helmets, which include bike, snow, equestrian, and team sports helmets, as well as other helmets, such as climbing, snowmobiling, and white-water rafting helmets; moto helmets comprising on-road and off-road helmets, including scooter, snowmobiling, car driving, and other helmets for travel and high speed activities;
Related stock research
Other Consumer Cyclical stocks
Frequently asked questions
Is MIPS AB overvalued or undervalued?
Bullrun's valuation model currently marks MIPS AB as 25.7% overvalued.
What is MIPS AB's market cap?
MIPS AB's market capitalization is SEK 9.96B.
What is MIPS AB's P/E ratio?
MIPS AB's price-to-earnings (P/E) ratio is 60.4.
Does MIPS AB pay a dividend?
MIPS AB has a dividend yield of 0.7%.
What does MIPS AB do?
Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia.