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MIPS Valuation Multiples
Discover revenue and EBITDA valuation multiples for MIPS and similar public comparables like Harvia, Genda, Giant Manufacturing Co., Roland and more.
MIPS Overview
About MIPS
Mips AB manufactures and sells helmet-based safety and brain protection products in Sweden. The company sells MIPS Brain Protection System for helmet solutions in the consumer market, such as bicycles, winter sports, motorcycles, horse riding, team sports, and others; and in commercial markets such as military, police, and rescue services. The main component of the Mips safety system is the Mips low-friction layer, which imitates the brain’s protection system and enables a relative motion between the head and the helmet.
Founded
2001
HQ
Employees
109
Website
Sectors
Financials (LTM)
EV
$817M
MIPS Financials
MIPS reported last 12-month revenue of $68M and EBITDA of $26M.
In the same LTM period, MIPS generated $49M in gross profit, $26M in EBITDA, and $17M in net income.
Revenue (LTM)
MIPS P&L
In the most recent fiscal year, MIPS reported revenue of $60M and EBITDA of $22M.
MIPS expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $68M | XXX | $60M | XXX | XXX | XXX |
| Gross Profit | $49M | XXX | $43M | XXX | XXX | XXX |
| Gross Margin | 73% | XXX | 71% | XXX | XXX | XXX |
| EBITDA | $26M | XXX | $22M | XXX | XXX | XXX |
| EBITDA Margin | 38% | XXX | 36% | XXX | XXX | XXX |
| EBIT Margin | 34% | XXX | 31% | XXX | XXX | XXX |
| Net Profit | $17M | XXX | $13M | XXX | XXX | XXX |
| Net Margin | 25% | XXX | 22% | XXX | XXX | XXX |
| Net Debt | — | — | $10M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
MIPS Stock Performance
MIPS has current market cap of $805M, and enterprise value of $817M.
Market Cap Evolution
MIPS's stock price is $30.37.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $817M | $805M | 0.3% | XXX | XXX | XXX | $0.51 |
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Start Free TrialMIPS Valuation Multiples
MIPS trades at 12.0x EV/Revenue multiple, and 31.3x EV/EBITDA.
EV / Revenue (LTM)
MIPS Financial Valuation Multiples
As of April 19, 2026, MIPS has market cap of $805M and EV of $817M.
Equity research analysts estimate MIPS's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
MIPS has a P/E ratio of 47.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $805M | XXX | $805M | XXX | XXX | XXX |
| EV (current) | $817M | XXX | $817M | XXX | XXX | XXX |
| EV/Revenue | 12.0x | XXX | 13.6x | XXX | XXX | XXX |
| EV/EBITDA | 31.3x | XXX | 37.9x | XXX | XXX | XXX |
| EV/EBIT | 35.5x | XXX | 43.3x | XXX | XXX | XXX |
| EV/Gross Profit | 16.5x | XXX | 19.1x | XXX | XXX | XXX |
| P/E | 47.7x | XXX | 59.9x | XXX | XXX | XXX |
| EV/FCF | (289.3x) | XXX | 56.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified MIPS Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
MIPS Margins & Growth Rates
MIPS's revenue in the last 12 month grew by 39%.
MIPS's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.2M for the same period.
MIPS's rule of 40 is 92% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
MIPS's rule of X is 165% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
MIPS Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 39% | XXX | 44% | XXX | XXX | XXX |
| EBITDA Margin | 38% | XXX | 36% | XXX | XXX | XXX |
| EBITDA Growth | 60% | XXX | 71% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 92% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 165% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 14% | XXX | 15% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 18% | XXX | 19% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 6% | XXX | 7% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 40% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
MIPS Public Comps
See public comps and valuation multiples for other Sports & Leisure comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| MIPS | XXX | XXX | XXX | XXX | XXX | XXX |
| Harvia | XXX | XXX | XXX | XXX | XXX | XXX |
| Genda | XXX | XXX | XXX | XXX | XXX | XXX |
| Giant Manufacturing Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| Roland | XXX | XXX | XXX | XXX | XXX | XXX |
| Beneteau | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
MIPS M&A Activity
MIPS acquired XXX companies to date.
Last acquisition by MIPS was on XXXXXXXX, XXXXX. MIPS acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by MIPS
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialMIPS Investment Activity
MIPS invested in XXX companies to date.
MIPS made its latest investment on XXXXXXXX, XXXXX. MIPS invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by MIPS
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout MIPS
| When was MIPS founded? | MIPS was founded in 2001. |
| Where is MIPS headquartered? | MIPS is headquartered in Sweden. |
| How many employees does MIPS have? | As of today, MIPS has over 109 employees. |
| Who is the CEO of MIPS? | MIPS's CEO is Max Strandwitz. |
| Is MIPS publicly listed? | Yes, MIPS is a public company listed on Nasdaq Stockholm. |
| What is the stock symbol of MIPS? | MIPS trades under MIPS ticker. |
| When did MIPS go public? | MIPS went public in 2017. |
| Who are competitors of MIPS? | MIPS main competitors are Harvia, Genda, Giant Manufacturing Co., Roland. |
| What is the current market cap of MIPS? | MIPS's current market cap is $805M. |
| What is the current revenue of MIPS? | MIPS's last 12 months revenue is $68M. |
| What is the current revenue growth of MIPS? | MIPS revenue growth (NTM/LTM) is 39%. |
| What is the current EV/Revenue multiple of MIPS? | Current revenue multiple of MIPS is 12.0x. |
| Is MIPS profitable? | Yes, MIPS is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of MIPS? | MIPS's last 12 months EBITDA is $26M. |
| What is MIPS's EBITDA margin? | MIPS's last 12 months EBITDA margin is 38%. |
| What is the current EV/EBITDA multiple of MIPS? | Current EBITDA multiple of MIPS is 31.3x. |
| What is the current FCF of MIPS? | MIPS's last 12 months FCF is ($3M). |
| What is MIPS's FCF margin? | MIPS's last 12 months FCF margin is (4%). |
| What is the current EV/FCF multiple of MIPS? | Current FCF multiple of MIPS is (289.3x). |
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