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%

OM:MYCR