Industrial AutomationSensorsDetectors, Sensors and MemsDefenseTech3D PrintingConsumer ElectronicsElectronicsIndustrial ManufacturingManufacturing
Description
Mycronic AB (publ) designs, produces, and markets production equipment for the electronics industry, serving Sweden, the rest of Europe, the United States, other regions in the Americas, China, South Korea, the rest of Asia, and international markets…
Analysis
Quality compounder
Mycronic AB (publ) earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 33.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 13% a year, against analyst forecasts of 11%. The price, in other words, assumes less than the experts do.
Growth is moderate; the safety picture is sturdy. The company scores 14/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.
Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202315
90
2023202420252026
All-time high
96
Mar 2026
All-time low
15
Jan 2023
Average rank
77
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
7
9
22
31
Price/Earnings
19
38
38
36
Price/Book
19
23
25
37
Dividend Yield
59
46
54
59
Value (overall)
16
24
29
43
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.