Mycronic AB (publ)
OM-MYCR
Company Overview
Mycronic AB (publ), together with its subsidiaries, develops, manufactures, and sells production equipment for electronics industry in Sweden, rest of Europe, the United States, other Americas, China, South Korea, rest of Asia, and internationally. The company operates through four segments: Pattern Generators, High Flex, High Volume, and Global Technologies. The Pattern Generators segment develops, manufactures, and markets mask writers and measuring machines for production of advanced photomasks for manufacturing of screens for TVs, cars, mobile phones, tablets, and computers, as well as the semiconductor components. The High Flex segment develops, manufactures, and markets surface mount technology (SMT) and inspection equipment for flexible printed circuit board (PCBs) assembly. This segment offers MYPro Line, which integrates advanced jet printing and dispensing, pick-and-place, advanced process control solutions, and 3D inspection systems; MYTower material handling systems; and MYSmart dispensing and coating solutions. The High Volume segment develops, manufactures, and markets equipment for dispensing and conformal coating of circuit boards for manufacturers of mobile phones, tablets, computers, and electronics for electric vehicles, as well as automated screen printers. The Global Technologies segment offers die-bonding services for microelectronics and optoelectronic applications; advanced electrical measurement of bare board PCBs and substrates; flying probe test system, an automated electrical measurement system for low to mid quantities and complex boards; and grid test systems for volume bare board verification. It sells its products through agents and distributors. The company serves industrial, aerospace, defense, automotive, energy, medical, and telecom sectors. The company was formerly known as Micronic Mydata AB (publ) and changed its name to Mycronic AB (publ) in June 2014. Mycronic AB (publ) is headquartered in Täby, Sweden.
Name
Mycronic AB (publ)
CEO
Mr. Anders Lindqvist
Website
www.mycronic.com
Sector
Electronic Equipment, Instruments and Components
Year Founded
1989
Profile
Market Cap
SEK 37.59B
EV
SEK 35.31B
Shares Out
97.6M
Revenue
SEK 6,461M
Employees
2,027
Margins
Gross
53.3%
EBITDA
30.65%
Operating
28.59%
Pre-Tax
29.16%
Net
23.06%
FCF
27.49%
Returns (5Yr Avg)
ROA
13.56%
ROTA
38.68%
ROE
21.89%
ROCE
24.58%
ROIC
18.43%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
SEK 475
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
SEK 2,535M
Net Debt
-SEK 2,322M
Debt/Equity
0.04
EBIT/Interest
142.08
Growth (CAGR)
Rev 3Yr
13.53%
Rev 5Yr
8.12%
Rev 10Yr
20.22%
Dil EPS 3Yr
13.79%
Dil EPS 5Yr
7.7%
Dil EPS 10Yr
44.66%
Rev Fwd 2Yr
12.95%
EBITDA Fwd 2Yr
25.99%
EPS Fwd 2Yr
32.53%
EPS LT Growth Est
59%
Dividends
Yield
—
Payout
29.47%
DPS
SEK 4.5
DPS Growth 3Yr
14.47%
DPS Growth 5Yr
8.45%
DPS Growth 10Yr
—
DPS Growth Fwd 2Yr
19.02%