Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Midsummer AB (publ), headquartered in Järfälla, Sweden, specializes in creating and delivering machinery for the production of CIGS thin-film solar cells. The company's offerings include Duo, a fully automated deposition system specifically designed for CIGS solar cell fabrication, and UNO, a versatile platform supporting both CIGS and CZTS solar cell technologies. Additionally, Midsummer manufactures flexible and lightweight photovoltaic (PV) modules. These modules are well-suited for diverse applications such as integration into membrane roofs, powering portable facilities, marine installations, automotive use, landfill covers, and various other infrastructure projects.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'expensive' on P/E, undervalued on EV/EBITD.
Target Price
The average target price of MIDS.ST is 1.60 and suggests 29.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i