Minesto AB (MINEST) AI Stock Analysis

• Market Cap: kr181.08M
• Dividend Yield: N/A
• Average Volume (3M): 2.66M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.11
• Revenue Growth: -100.00%
• EPS Growth: 31.68%
• Country: SE
• Employees: 48
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -0.04
• Shares Outstanding: 259,425,000
• 10 Day Avg. Volume: 7,072,954
• 30 Day Avg. Volume: 2,663,807
• PEG Ratio: -1.08
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 6108.18
• P/FCF Ratio: -7.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: kr0.50 ▼(-28.57% Downside)

Minesto AB's overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. The company's strong equity position is overshadowed by its inability to generate profits and positive cash flow. The negative P/E ratio and lack of dividend yield further contribute to a low valuation score, reflecting significant risks for investors.

Positive Factors

Innovative Technology

Minesto's proprietary Deep Green technology positions it as a leader in marine energy, offering a sustainable and innovative approach to renewable power generation.

Strong Equity Position

A high equity ratio and low debt enhance financial stability, providing Minesto with flexibility to invest in growth and weather financial challenges.

Cost Management Efficiency

Effective cost management ensures that Minesto can maintain profitability at the gross level, supporting long-term operational sustainability.

Negative Factors

Profitability Challenges

Persistent losses undermine financial health, limiting reinvestment capacity and posing risks to long-term viability unless profitability improves.

Negative Cash Flow

Ongoing negative cash flow from operations indicates difficulties in sustaining business activities without external financing, impacting long-term liquidity.

Revenue Growth Decline

Inconsistent revenue growth challenges Minesto's ability to scale operations and achieve market penetration, affecting future revenue potential.

Minesto AB Business Overview & Revenue Model

Company Description

Minesto AB (MINEST) is a Swedish company specializing in the development of renewable energy solutions, particularly focused on tidal and ocean current energy technologies. The company is known for its innovative product, the Deep Green system, which harnesses energy from underwater currents to generate electricity. Minesto operates in the renewable energy sector, aiming to provide sustainable energy solutions while contributing to the global shift towards cleaner energy sources.

How the Company Makes Money

Minesto generates revenue primarily through the sale of its Deep Green technology and related services. The company's revenue model includes the development and deployment of its tidal energy systems in various markets, where it enters into contracts with utility companies and energy developers. Key revenue streams include the sale of energy generated by its installations, project financing, government grants, and partnerships with other renewable energy firms. Significant partnerships with industry players and governmental support for renewable energy projects also contribute to Minesto's earnings, allowing for sustained growth and expansion in new markets.

Minesto AB Financial Statement Overview

Summary

Minesto AB faces significant challenges with profitability and cash generation, impacting overall financial health. While the company boasts a strong equity position with no significant leverage, its inability to generate positive net income and free cash flow presents risks. Continued focus on revenue growth and cost management is essential to improve financial performance.

Income Statement

Minesto AB has struggled with profitability as evidenced by negative EBIT and net income margins over recent years. The revenue growth rate has been inconsistent, with a significant drop in 2024 compared to previous years. Despite these challenges, gross profit margins remain positive, indicating cost management efficiency relative to revenue.

Balance Sheet

The company maintains a strong equity position with a high equity ratio and no significant debt, resulting in a favorable debt-to-equity ratio. However, the return on equity remains negative due to persistent net losses, which undermines the overall financial stability.

Cash Flow

Cash flow from operations has been consistently negative, reflecting challenges in generating cash. However, financing activities have been a source of cash, which has helped maintain liquidity. The free cash flow trend is concerning, given its negative trajectory over the past few years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.23M	75.00K	391.00K	42.82M	38.76M	40.06M
Gross Profit	1.07M	25.71M	41.78M	85.64M	77.53M	80.13M
EBITDA	-33.31M	-35.79M	-26.78M	-22.21M	-18.58M	-12.95M
Net Income	-34.73M	-36.10M	-27.12M	-84.44M	-14.93M	-13.30M
Balance Sheet
Total Assets	597.81M	586.19M	552.14M	486.18M	559.50M	430.14M
Cash, Cash Equivalents and Short-Term Investments	30.24M	34.89M	15.16M	34.58M	150.89M	104.36M
Total Debt	500.00K	500.00K	500.00K	500.00K	500.00K	500.00K
Total Liabilities	35.16M	17.54M	29.40M	32.83M	21.75M	18.35M
Stockholders Equity	562.66M	568.65M	522.75M	453.34M	537.75M	411.78M
Cash Flow
Free Cash Flow	-18.97M	-62.54M	-116.74M	-116.77M	-94.87M	25.31M
Operating Cash Flow	-18.64M	-10.22M	-16.20M	-36.58M	-20.41M	86.41M
Investing Cash Flow	-42.95M	-52.29M	-100.54M	-80.18M	-74.45M	-61.10M
Financing Cash Flow	15.94M	81.95M	96.73M	0.00	140.26M	26.13M

Minesto AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MINEST, the sentiment is Negative. The current price of 0.7 is below the 20-day moving average (MA) of 0.73, below the 50-day MA of 1.14, and below the 200-day MA of 2.29, indicating a bearish trend. The MACD of -0.12 indicates Negative momentum. The RSI at 28.14 is Positive, neither overbought nor oversold. The STOCH value of 33.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:MINEST.

Minesto AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
ORRON	57 Neutral	kr1.38B	-4.05	-9.16%	―	-3.20%	-2418.83%
ARISE	55 Neutral	kr1.95B	101.39	0.94%	2.85%	-3.73%	-91.74%
MINEST	44 Neutral	kr181.08M	-4.23	-5.97%	―	-100.00%	31.68%
CLIME.B	38 Underperform	kr153.93M	-0.94	-47.34%	―	-36.89%	33.50%