Midsummer AB (publ) (ST:MIDS) — Market Cap & Net Worth
Market Cap & Net Worth: Midsummer AB (publ) (MIDS)
Midsummer AB (publ) (ST:MIDS) has a market capitalization of $60.40 Million (Skr561.28 Million) as of May 2, 2026. Listed on the ST stock exchange, this Sweden-based company holds position #21148 globally and #382 in its home market, demonstrating a 26.44% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Midsummer AB (publ)'s stock price Skr1.21 by its total outstanding shares 463867930 (463.87 Million). Analyse Midsummer AB (publ) (MIDS) cash conversion ratio to see how efficiently the company converts income to cash.
Midsummer AB (publ) Market Cap History: 2018 to 2026
Midsummer AB (publ)'s market capitalization history from 2018 to 2026. Data shows change from $718.73 Million to $60.40 Million (-25.89% CAGR).
Midsummer AB (publ) Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Midsummer AB (publ)'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.41x
Midsummer AB (publ)'s market cap is 1.41 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $718.73 Million | $218.16 Million | $36.86 Million | 3.29x | 19.50x |
| 2019 | $752.19 Million | $184.47 Million | -$40.29 Million | 4.08x | N/A |
| 2020 | $342.64 Million | $71.95 Million | -$116.35 Million | 4.76x | N/A |
| 2021 | $485.41 Million | $94.41 Million | -$129.51 Million | 5.14x | N/A |
| 2022 | $366.12 Million | $53.38 Million | -$87.83 Million | 6.86x | N/A |
| 2023 | $57.21 Million | $49.63 Million | -$222.21 Million | 1.15x | N/A |
| 2024 | $73.58 Million | $52.08 Million | -$129.45 Million | 1.41x | N/A |
Competitor Companies of MIDS by Market Capitalization
Companies near Midsummer AB (publ) in the global market cap rankings as of May 2, 2026.
Key companies related to Midsummer AB (publ) by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1225 globally with a market cap of $20.97 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1448 globally with a market cap of $17.18 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2015 globally with a market cap of $11.44 Billion USD ( CN¥78.20 Billion CNY).
- Waaree Energies Limited (NSE:WAAREEENER): Ranked #2282 globally with a market cap of $9.70 Billion USD ( Rs897.09 Billion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1225 | First Solar Inc | NASDAQ:FSLR | $20.97 Billion | $211.71 |
| #1448 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $17.18 Billion | $119.93 |
| #2015 | Tongwei Co Ltd | SHG:600438 | $11.44 Billion | CN¥17.37 |
| #2282 | Waaree Energies Limited | NSE:WAAREEENER | $9.70 Billion | Rs3118.80 |
Midsummer AB (publ) Historical Marketcap From 2018 to 2026
Between 2018 and today, Midsummer AB (publ)'s market cap moved from $718.73 Million to $ 60.40 Million, with a yearly change of -25.89%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Skr60.40 Million | -12.06% |
| 2025 | Skr68.69 Million | -6.65% |
| 2024 | Skr73.58 Million | +28.62% |
| 2023 | Skr57.21 Million | -84.37% |
| 2022 | Skr366.12 Million | -24.57% |
| 2021 | Skr485.41 Million | +41.67% |
| 2020 | Skr342.64 Million | -54.45% |
| 2019 | Skr752.19 Million | +4.66% |
| 2018 | Skr718.73 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Midsummer AB (publ) was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $60.40 Million USD |
| MoneyControl | $60.40 Million USD |
| MarketWatch | $60.40 Million USD |
| marketcap.company | $60.40 Million USD |
| Reuters | $60.40 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Midsummer AB (publ)
Midsummer AB (publ) develops, manufactures, and sells solar panels to industrial and commercial properties, public sector organizations, private individuals, and roof and solar cell installers. It offers Midsummer DUO, a ready-made manufacturing system to produce cadmium-free thin-film solar cells; Midsummer UNO, a tool for thin films used for solar cell research; Midsummer SLIM, a solar roof tha… Read more