ScoreWhy is Mycronic AB ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 22.26%
- Healthy long term growth as Net Sales has grown by an annual rate of 14.40%
- Company has very low debt and has enough cash to service the debt requirements
2
The company has declared Positive results for the last 7 consecutive quarters
- ROCE(HY) Highest at 31.98%
- RAW MATERIAL COST(Y) Fallen by -4.41% (YoY)
- PRE-TAX PROFIT(Q) At SEK 617 MM has Grown at 59.02%
3
With ROE of 30.60%, it has a attractive valuation with a 5.85 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 13.09%, its profits have risen by 34.9%
4
Consistent Returns over the last 3 years
- Along with generating 13.09% 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, Medium Return
Absolute
Risk Adjusted
Volatility
Mycronic AB
13.09%
0.07
61.52%
OMX Stockholm 30
8.01%
0.44
18.11%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
14.40%
EBIT Growth (5y)
19.83%
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
43.49%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
43.43%
ROE (avg)
22.26%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
19
Industry P/E
Price to Book Value
5.85
EV to EBIT
14.79
EV to EBITDA
13.50
EV to Capital Employed
7.54
EV to Sales
4.69
PEG Ratio
NA
Dividend Yield
0.93%
ROCE (Latest)
50.97%
ROE (Latest)
30.60%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend5What is working for the Company
ROCE(HY)
Highest at 31.98%
RAW MATERIAL COST(Y)
Fallen by -4.41% (YoY
PRE-TAX PROFIT(Q)
At SEK 617 MM has Grown at 59.02%
NET PROFIT(Q)
At SEK 479.41 MM has Grown at 57.14%
-3What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at SEK 1,423 MM
DEBT-EQUITY RATIO
(HY)
Highest at -23.85 %
Here's what is working for Mycronic AB
Pre-Tax Profit
At SEK 617 MM has Grown at 59.02%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SEK MM)
Net Profit
At SEK 479.41 MM has Grown at 57.14%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
Raw Material Cost
Fallen by -4.41% (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 78 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
Operating Cash Flow
Lowest at SEK 1,423 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (SEK MM)
Debt-Equity Ratio
Highest at -23.85 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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