Minesto AB (MINEST) AI Stock Analysis

• Market Cap: kr984.26M
• Dividend Yield: N/A
• Average Volume (3M): 1.45M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.26
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SE
• Employees: 48
• Sector: Utilities
• Sector Strength: 68
• Industry: Renewable Utilities
• EPS (TTM): -0.06
• Shares Outstanding: 205,911,480
• 10 Day Avg. Volume: 1,067,788
• 30 Day Avg. Volume: 1,454,127
• PEG Ratio: -0.03
• Price to Book (P/B): 3.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.69
• 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

• Rating: 46 Neutral
• Price Target: ―

Minesto AB's overall stock score is primarily affected by weak financial performance and valuation metrics. The company's inability to generate profits and positive cash flow, combined with a downtrend in technical indicators, suggests caution. Although a strong balance sheet provides some stability, the absence of profitability and negative market momentum are significant concerns.

Minesto AB Business Overview & Revenue Model

Company Description

Minesto AB (MINEST) is a Swedish marine energy technology company that develops and commercializes a unique form of renewable energy technology called Deep Green. The company's technology harnesses the kinetic energy of ocean and tidal currents to generate electricity. Minesto is primarily focused on the renewable energy sector, with a mission to provide sustainable and predictable power generation solutions.

How the Company Makes Money

Minesto makes money through the development and commercialization of its Deep Green technology. The company generates revenue by selling and licensing its technology to utility companies and energy project developers who are looking to diversify their energy portfolios with renewable sources. Minesto may also earn income through strategic partnerships and joint ventures aimed at deploying Deep Green systems in various global locations. Additionally, Minesto could potentially receive government grants or subsidies aimed at supporting renewable energy initiatives, although this would depend on specific regional policies and programs.

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	75.00K	75.00K	391.00K	42.82M	38.76M	40.06M
Gross Profit	-7.07M	25.71M	41.78M	85.64M	77.53M	80.13M
EBITDA	-35.16M	-35.79M	-26.78M	-22.21M	-18.58M	-12.95M
Net Income	-35.37M	-36.10M	-27.12M	-84.44M	-14.93M	-13.30M
Balance Sheet
Total Assets	571.25M	586.19M	552.14M	486.18M	559.50M	430.14M
Cash, Cash Equivalents and Short-Term Investments	0.00	34.89M	15.16M	34.58M	150.89M	104.36M
Total Debt	0.00	0.00	500.00K	500.00K	500.00K	500.00K
Total Liabilities	13.53M	17.54M	29.40M	32.83M	21.75M	18.35M
Stockholders Equity	557.72M	568.65M	522.75M	453.34M	537.75M	411.78M
Cash Flow
Free Cash Flow	-91.95M	-62.54M	-116.74M	-116.77M	-94.87M	25.31M
Operating Cash Flow	-39.59M	-10.22M	-16.20M	-36.58M	-20.41M	86.41M
Investing Cash Flow	-45.39M	-52.29M	-100.54M	-80.18M	-74.45M	-61.10M
Financing Cash Flow	81.95M	81.95M	96.73M	0.00	140.26M	26.13M

Minesto AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.31
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MINEST, the sentiment is Positive. The current price of 4.31 is above the 20-day moving average (MA) of 3.37, above the 50-day MA of 2.47, and above the 200-day MA of 2.48, indicating a bullish trend. The MACD of 0.55 indicates Negative momentum. The RSI at 80.79 is Negative, neither overbought nor oversold. The STOCH value of 92.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:MINEST.

Minesto AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARISE	70 Outperform	kr1.53B	12.36	6.07%	35.12%	-12.77%	-39.82%
Sector *	58 Neutral	kr4.01B	2.39	68.32%	12.85%	78.50%	30.62%
CLIME.B	50 Neutral	kr183.00M	―	-44.77%	―	588.44%	59.64%
ORRON	48 Neutral	kr1.35B	―	-4.49%	―	-21.63%	-49.06%
MINEST	46 Neutral	kr984.26M	―	-6.48%	―	―	―