Minesto AB (ST:MINEST) — Market Cap & Net Worth
Market Cap & Net Worth: Minesto AB (MINEST)
Minesto AB (ST:MINEST) has a market capitalization of $42.93 Million (Skr398.96 Million) as of August 4, 2026. Listed on the ST stock exchange, this Sweden-based company holds position #22426 globally and #426 in its home market, demonstrating a -24.43% 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 Skr1.53 by its total outstanding shares 260081036 (260.08 Million). See MINEST capital expenditure intensity to understand how much of operating cash flow is reinvested back into capital assets.
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 $42.93 Million (-13.52% CAGR).
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
|
$15.92 Billion | 0.27% | #73 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.
Latest Price to Sales (P/S) Ratio
880.72x
Minesto AB's market cap is 880.72 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 |
|---|---|---|---|---|---|
| 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 August 4, 2026.
Key companies related to Minesto AB by market ranking:
- China Yangtze Power Co Ltd (SHG:600900): Ranked #236 globally with a market cap of $104.01 Billion USD ( CN¥710.80 Billion CNY).
- CN YANGT.PWR GDR REG S/A (F:CYZB): Ranked #395 globally with a market cap of $70.47 Billion USD ( €60.28 Billion EUR).
- Orsted A/S (CO:ORSTED): Ranked #892 globally with a market cap of $29.80 Billion USD ( Dkr190.50 Billion DKK).
- Huaneng Lancang River Hydropower Inc Class A (SHG:600025): Ranked #968 globally with a market cap of $27.59 Billion USD ( CN¥188.55 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #236 | China Yangtze Power Co Ltd | SHG:600900 | $104.01 Billion | CN¥29.05 |
| #395 | CN YANGT.PWR GDR REG S/A | F:CYZB | $70.47 Billion | €31.60 |
| #892 | Orsted A/S | CO:ORSTED | $29.80 Billion | Dkr144.20 |
| #968 | Huaneng Lancang River Hydropower Inc Class A | SHG:600025 | $27.59 Billion | CN¥10.12 |
Minesto AB Historical Marketcap From 2015 to 2026
Between 2015 and today, Minesto AB's market cap moved from $219.71 Million to $ 42.93 Million, with a yearly change of -13.52%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Skr42.93 Million | +107.86% |
| 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 Aug 4th, 2026 the market cap of Minesto AB was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $42.93 Million USD |
| MoneyControl | $42.93 Million USD |
| MarketWatch | $42.93 Million USD |
| marketcap.company | $42.93 Million USD |
| Reuters | $42.93 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Minesto AB
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