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
Positive results in Jun 26
- OPERATING CASH FLOW(Y) Highest at SEK 2,050 MM
- RAW MATERIAL COST(Y) Fallen by -7.04% (YoY)
- CASH AND EQV(HY) Highest at SEK 5,409 MM
5
With ROE of 22.99%, it has a expensive valuation with a 7.35 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 50.31%, its profits have fallen by -4.2%
6
Consistent Returns over the last 3 years
- Along with generating 50.31% returns in the last 1 year, the stock has outperformed OMX Stockholm 30 in each of the last 3 annual periods
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
50.31%
1.29
40.83%
OMX Stockholm 30
27.7%
1.79
15.50%
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
21.89%
Dividend Payout Ratio
40.67%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
39.95%
ROE (avg)
22.26%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
32
Industry P/E
Price to Book Value
7.35
EV to EBIT
24.36
EV to EBITDA
21.12
EV to Capital Employed
10.47
EV to Sales
6.65
PEG Ratio
NA
Dividend Yield
1.10%
ROCE (Latest)
42.97%
ROE (Latest)
22.99%
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 Trend4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at SEK 2,050 MM
RAW MATERIAL COST(Y)
Fallen by -7.04% (YoY
CASH AND EQV(HY)
Highest at SEK 5,409 MM
-5What is not working for the Company
INTEREST(9M)
At SEK 26 MM has Grown at inf%
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.2 times
Here's what is working for Mycronic AB
Operating Cash Flow
Highest at SEK 2,050 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (SEK MM)
Cash and Eqv
Highest at SEK 5,409 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -7.04% (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 98 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 26 MM has Grown at inf%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (SEK MM)
Debtors Turnover Ratio
Lowest at 4.2 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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