Minesto AB (ST:MINEST) — Market Cap & Net Worth

$32.75 Million USD  · Skr304.29 Million SEK  · Rank #23555

Market Cap & Net Worth: Minesto AB (MINEST)

Minesto AB (ST:MINEST) has a market capitalization of $32.75 Million (Skr304.29 Million) as of September 19, 2026. Listed on the ST stock exchange, this Sweden-based company holds position #23555 globally and #447 in its home market, demonstrating a -10.00% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Minesto AB's stock price Skr1.17 by its total outstanding shares 260081036 (260.08 Million). Also see Minesto AB total assets for a full breakdown of the balance sheet.

Minesto AB Market Cap History: 2015 to 2026

Minesto AB's market capitalization history from 2015 to 2026. Data shows change from $219.71 Million to $32.75 Million (-15.51% CAGR). Also see cash flow conversion of Minesto AB for how efficiently the company converts equity into cash flow.

Index Memberships

Minesto AB is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
First North Sweden PI
FNSESEKPI
$15.23 Billion 0.21% #81 of 281

Weight: Minesto AB's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Minesto AB Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Minesto AB'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. Check Minesto AB stock quote for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

880.72x

Minesto AB's market cap is 880.72 times its annual revenue

Industry average: 1.11x Higher than industry average

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
2016 $187.53 Million $27.65 Million -$12.93 Million 6.78x N/A
2017 $85.65 Million $33.43 Million -$7.87 Million 2.56x N/A
2018 $240.70 Million $34.55 Million -$11.00 Million 6.97x N/A
2019 $422.07 Million $35.75 Million -$99.96 Million 11.81x N/A
2020 $702.52 Million $40.06 Million -$13.30 Million 17.54x N/A
2021 $526.75 Million $38.76 Million -$14.93 Million 13.59x N/A
2022 $272.89 Million $42.82 Million -$84.44 Million 6.37x N/A
2023 $225.87 Million $391.00K -$27.12 Million 577.67x N/A
2024 $66.05 Million $75.00K -$36.10 Million 880.72x N/A

Competitor Companies of MINEST by Market Capitalization

Companies near Minesto AB in the global market cap rankings as of September 19, 2026. Review Minesto AB (MINEST) tangible net worth to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Minesto AB by market ranking:

  • China Yangtze Power Co Ltd (SHG:600900): Ranked #251 globally with a market cap of $101.22 Billion USD ( CN¥691.72 Billion CNY).
  • CN YANGT.PWR GDR REG S/A (F:CYZB): Ranked #403 globally with a market cap of $70.47 Billion USD ( €60.28 Billion EUR).
  • Orsted A/S (CO:ORSTED): Ranked #945 globally with a market cap of $28.24 Billion USD ( Dkr180.52 Billion DKK).
  • Huaneng Lancang River Hydropower Inc Class A (SHG:600025): Ranked #1020 globally with a market cap of $26.39 Billion USD ( CN¥180.35 Billion CNY).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#251 China Yangtze Power Co Ltd SHG:600900 $101.22 Billion CN¥28.27
#403 CN YANGT.PWR GDR REG S/A F:CYZB $70.47 Billion €31.80
#945 Orsted A/S CO:ORSTED $28.24 Billion Dkr136.65
#1020 Huaneng Lancang River Hydropower Inc Class A SHG:600025 $26.39 Billion CN¥9.68

Minesto AB Historical Marketcap From 2015 to 2026

Between 2015 and today, Minesto AB's market cap moved from $219.71 Million to $ 32.75 Million, with a yearly change of -15.51%.

Year Market Cap Change (%)
2026 Skr32.75 Million +58.54%
2025 Skr20.66 Million -68.73%
2024 Skr66.05 Million -70.76%
2023 Skr225.87 Million -17.23%
2022 Skr272.89 Million -48.19%
2021 Skr526.75 Million -25.02%
2020 Skr702.52 Million +66.45%
2019 Skr422.07 Million +75.35%
2018 Skr240.70 Million +181.05%
2017 Skr85.65 Million -54.33%
2016 Skr187.53 Million -14.65%
2015 Skr219.71 Million --

End of Day Market Cap According to Different Sources

On Sep 19th, 2026 the market cap of Minesto AB was reported to be:

Source Market Cap
Yahoo Finance $32.75 Million USD
MoneyControl $32.75 Million USD
MarketWatch $32.75 Million USD
marketcap.company $32.75 Million USD
Reuters $32.75 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Minesto AB

ST:MINEST Sweden Utilities - Renewable
Market Cap
$32.75 Million
Skr304.29 Million SEK
Market Cap Rank
#23555 Global
#447 in Sweden
Share Price
Skr1.17
Change (1 day)
-5.80%
52-Week Range
Skr0.54 - Skr2.21
All Time High
Skr35.25
About

Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan. The company offers kite system turbines, which produces electricity from tidal streams and ocean currents. It also provides site development, operations, and maintenance services. Minesto AB (publ) was incorporated in 2007 and is headquartered… Read more