Miris Holding (MIR) Fair Value & Analysis
Technology · SE · Market cap 29.3M SEK
Fair value as of: Aug 2, 2026
From 1 valuation models · updated today
Share price −9.1% over the past month.
Below-average quality, and the price sits another 81% above our fair value.
What matters now
- The price sits above even our optimistic bull case (kr 5.31). The favourable scenario is already priced in.
- Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
- A fairly wide model range (kr 2.81 to kr 5.31) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.
How to read this chart
60‑month range kr 20.40 – kr 1,400 · fair‑value band kr 2.81 – kr 5.31 · the kr 22.00 price screens above the kr 4.25 fair value. Dashed = 300-day average. As of Aug 2, 2026.
Analysis
Miris Holding (MIR) currently trades at kr 22.00, while our model-based Fair Value estimate is kr 4.25, implying the stock looks roughly 80.7% overvalued today. We read business quality at 33/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).
Over the trailing twelve months, Miris Holding generated revenue of 18.0M SEK at a net margin of -29.8%. Revenue declined 17.4% year over year. It earns a return on equity of -58.2%. The stock trades on a trailing P/E of 4.8. Fundamentals as of Aug 2, 2026
Our scenario range runs from kr 2.81 (bear case) to kr 5.31 (bull case); at kr 22.00, the current price sits above that range. The share trades about 66% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -45% fair-value upside, at -81%, MIR screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 1 models by family
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 48 · Market factors (momentum, volatility) 18
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Miris Holding AB (publ) develops, manufactures, markets, and sells instruments and solutions for human milk analysis worldwide.
Full company description
Miris Holding AB (publ) develops, manufactures, markets, and sells instruments and solutions for human milk analysis worldwide. The company offers Miris HMA, a human milk analyzer to analyze breast milk for individual nutrition of preterm babies; Miris Ultrasonic Processor to prepare milk samples for macronutrient analysis; and Miris Heater, a water free system that warms milk and other solutions to be injected to Miris human milk analyzer. It also provides printers that automatically print the result of human milk analyzer; Miris Forte, a decision support software for the calculation and follow-up of nutrition and growth in children under neonatal care; MyMiris, an all-in-one solution for handling Miris instruments online; Miris Calibration Control Kit, such as Miris Calibration Control 1 and Miris Calibration Control 2 for daily validation of the internal calibration of the Miris HMA; Miris Check for validation of the preset internal calibration of the Miris HMA; and Miris Cleaner, a cleaning solution for the Miris HMA, as well as tubes and syringes. The company was founded in 2001 and is based in Uppsala, Sweden.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2025 · reported fiscal years
Miris Holding reported revenue of kr 17.5M in FY2025 versus kr 18.7M in FY2022, a compound −2.2%/yr. Reported net income was −kr 4.8M in FY2025.
MIR sits 81% above fair value. Compare with Keysight Technologies, Inc →
Peer Group
Scientific & Technical Instruments · 184 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Keysight Technologies, Inc KEYS | $315.90 | $84.16 | -73% |
| Garmin Ltd GRMN | $241.76 | $146.67 | -39% |
| Teledyne Technologies Incorporated TDY | $635.52 | $367.58 | -42% |
| Chroma ATE Inc 2360 | 1,905 TWD | 286.15 TWD | -85% |
| Hexagon AB HEXAB | kr 80.10 | kr 52.93 | -34% |
| MKS Inc MKSI | $324.69 | $77.46 | -76% |
| AVIC Chengdu Aircraft Company 302132 | ¥52.91 | ¥34.47 | -35% |
| Fortive Corporation FTV | $61.78 | $33.84 | -45% |
| Trimble Inc TRMB | $52.72 | $24.47 | -54% |
| Cognex Corporation CGNX | $64.07 | $13.75 | -79% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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