Risk factor
High price volatility
Profitability factor
Favourable analyst view
About
MIPS AB (publ) engineers, manufactures, and distributes sophisticated helmet-based safety systems globally, with a presence spanning North America, Europe, Asia, Australia, and its home country, Sweden. The company's diverse product line includes protective headgear designed for various sports, such as cycling, skiing, snowboarding, horseback riding, team sports, climbing, and white water rafting, in addition to helmets for both on-road and off-road motorcycling. Furthermore, MIPS provides specialized safety helmets for industrial use and for personnel in law enforcement and the armed forces. Incorporated in 2001, the firm is headquartered in Täby, Sweden.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
Target Price
The average target price of MIPS.ST is 497 and suggests 101% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc