ScoreWhy is Mycronic AB ?
1
High Management Efficiency with a high ROE of 22.26%
2
Company has very low debt and has enough cash to service the debt requirements
3
Healthy long term growth as Net Sales has grown by an annual rate of 15.38%
4
Flat results in Mar 26
- ROCE(HY) Lowest at 22.23%
- DEBTORS TURNOVER RATIO(HY) Lowest at 4.18 times
- INTEREST(Q) Highest at SEK 19 MM
5
With ROE of 23.60%, it has a expensive valuation with a 6.02 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 56.95%, its profits have fallen by -4%
6
Market Beating performance in long term as well as near term
- Along with generating 56.95% returns in the last 1 year, the stock has outperformed OMX Stockholm 30 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Mycronic AB should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Mycronic AB for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Mycronic AB
56.95%
1.25
36.57%
OMX Stockholm 30
30.13%
1.89
15.95%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
15.38%
EBIT Growth (5y)
16.98%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.41
Sales to Capital Employed (avg)
1.10
Tax Ratio
19.21%
Dividend Payout Ratio
40.67%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
43.43%
ROE (avg)
22.26%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
Price to Book Value
6.02
EV to EBIT
19.21
EV to EBITDA
17.27
EV to Capital Employed
7.96
EV to Sales
5.15
PEG Ratio
NA
Dividend Yield
0.86%
ROCE (Latest)
41.43%
ROE (Latest)
23.60%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend7What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 1.04% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 1.83 times
NET SALES(Q)
Highest at SEK 2,503 MM
OPERATING PROFIT(Q)
Highest at SEK 1,010 MM
PRE-TAX PROFIT(Q)
Highest at SEK 937 MM
NET PROFIT(Q)
Highest at SEK 729 MM
EPS(Q)
Highest at SEK 3.66
-10What is not working for the Company
ROCE(HY)
Lowest at 22.23%
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.18 times
INTEREST(Q)
Highest at SEK 19 MM
Here's what is working for Mycronic AB
Net Sales
Highest at SEK 2,503 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (SEK MM)
Operating Profit
Highest at SEK 1,010 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (SEK MM)
Pre-Tax Profit
Highest at SEK 937 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SEK MM)
Net Profit
Highest at SEK 729 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
EPS
Highest at SEK 3.66
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (SEK)
Inventory Turnover Ratio
Highest at 1.83 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by 1.04% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at SEK 93 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (SEK MM)
Here's what is not working for Mycronic AB
Interest
At SEK 19 MM has Grown at inf%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (SEK MM)
Interest
Highest at SEK 19 MM
in the last five periods and Increased by inf% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (SEK MM)
Debtors Turnover Ratio
Lowest at 4.18 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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