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Midsummer AB (publ) (MIDS.ST)

SEK1.30 +0.01 (+1.09%)
SE STO Energy Solar
Address Elektronikhojden 6 175 43
Järfälla, SE
CEO Eric Jaremalm
IPO 2018-06-21
ISIN SE0011281757

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Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK1.30 +0.01 (+1.09%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.59
Float Shares
368.34M
Free Float %
100.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.64% +3.33% -2.64% +18.15% -28.61% -15.86% +12.19% -58.15% -89.37% -94.80% -94.80%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.30
Ratings Trend (MoM)
Rating 2025-08 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.18
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Solar: +18.1%
    +215.6% Q1'26: +909.7% (vs Q1'25)
  • EPS growth Solar: +43.7%
    +65.1% Q1'26: +97.2% (vs Q1'25)
  • FCF margin FCF growth · Solar: +87.8%
    -87.2% Q1'26: +39.0% (vs Q1'25)
  • EBIT margin Solar: +4.0%
    -51.8% Q1'26: +30.0% (vs Q1'25)
  • ROIC Solar: +1.3%
    -26.8% Q1'26: +20.6% (vs Q1'25)
  • Share dilution Solar: 0.0%
    +65.2% Q1'26: +125.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Solar: 0.12×
    -2.76× Q1'26: 1.95× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.56) × ERP
WACC = 63% × Ke + 37% × Kd (13.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.30
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
94.41M
est: 113.65M (-16.9%)
53.38M
est: 137.33M (-61.1%)
49.63M
est: 65.69M (-24.4%)
52.08M
est: 70.50M (-26.1%)
164.34M
est: 159.00M (+3.4%)
308.00M
308.00M – 308.00M
+93.7% YoY
355.00M
355.00M – 355.00M
+15.3% YoY
EBITDA
-70.83M
est: -92.92M (+23.8%)
-34.94M
est: -112.29M (+68.9%)
-128.28M
est: -51.53M (-148.9%)
-96.58M
est: -55.31M (-74.6%)
-85.07M
est: -124.74M (+31.8%)
-241.63M
-241.63M – -241.63M
-93.7% YoY
-278.50M
-278.50M – -278.50M
-15.3% YoY
EBIT
-109.06M
est: -113.65M (+4.0%)
-69.29M
est: -137.33M (+49.5%)
-198.08M
est: -59.35M (-233.8%)
-96.58M
est: -63.70M (-51.6%)
-85.07M
est: -143.66M (+40.8%)
-278.29M
-278.29M – -278.29M
-93.7% YoY
-320.75M
-320.75M – -320.75M
-15.3% YoY
Net Income
-129.51M
est: -249.86M (+48.2%)
-87.84M
est: -8.22M (-968.5%)
-222.21M
est: -443.69M (+49.9%)
-129.45M
est: -160.25M (+19.2%)
-74.44M
est: -64.10M (-16.1%)
13.49M
13.49M – 13.49M
+121.1% YoY
33.74M
33.74M – 33.74M
+150.0% YoY
SGA
33.97M
est: 172.71M (-80.3%)
138.07M
est: 208.70M (-33.8%)
135.32M
est: 104.05M (+30.1%)
87.25M
est: 111.68M (-21.9%)
93.98M
est: 251.86M (-62.7%)
487.89M
487.89M – 487.89M
+93.7% YoY
562.34M
562.34M – 562.34M
+15.3% YoY
EPS
-1.50
est: -1.22 (-22.6%)
-0.90
est: -0.04 (-2,136.0%)
-2.15
est: -1.32 (-63.5%)
-0.63
est: -0.48 (-32.6%)
-0.22
est: -0.19 (-15.8%)
0.04
0.04 – 0.04
+121.1% YoY
0.10
0.10 – 0.10
+150.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-28 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-27 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-26 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-25 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-22 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-21 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-20 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-19 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-18 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-15 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-13 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-12 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-11 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
271.57M
OE per share TTM
0.72
Owner's Yield
49.90%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
157.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-669.9K
Shares Outstanding
368.34M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Eric Jaremalm Co-Founder & Chief Executive Officer 4M male
Asa Jynnesjo Chief Financial Officer 1M female
Klara Takei Head of Innovation female
Marcus Ek Head of Sales Europe male
Maria Huttunen Head of Design and Purchasing female
Alex Cheng Witt Operations Manager male
Richard Jordberg Head of Sustainability
Erik Olsson Head of Machinery Sales and Strategic Projects male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits