XSTOMYCR
Market cap3.53bUSD
Dec 20, Last price
398.60SEK
1D
0.10%
1Q
3.91%
Jan 2017
306.73%
Name
Mycronic AB (publ)
Chart & Performance
Profile
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.
Valuation
Title SEK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 5,706,000 11.47% | 5,119,000 10.44% | 4,635,000 19.40% | |||||||
Cost of revenue | 4,574,000 | 3,755,000 | 3,127,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,132,000 | 1,364,000 | 1,508,000 | |||||||
NOPBT Margin | 19.84% | 26.65% | 32.54% | |||||||
Operating Taxes | 266,000 | 154,000 | 219,000 | |||||||
Tax Rate | 23.50% | 11.29% | 14.52% | |||||||
NOPAT | 866,000 | 1,210,000 | 1,289,000 | |||||||
Net income | 998,000 34.68% | 741,000 -10.51% | 828,000 19.31% | |||||||
Dividends | (342,000) | (294,000) | (294,000) | |||||||
Dividend yield | 1.22% | 1.54% | 1.43% | |||||||
Proceeds from repurchase of equity | (26,000) | (11,000) | (13,000) | |||||||
BB yield | 0.09% | 0.06% | 0.06% | |||||||
Debt | ||||||||||
Debt current | 166,000 | 77,000 | 62,000 | |||||||
Long-term debt | 378,000 | 456,000 | 416,000 | |||||||
Deferred revenue | 48,000 | |||||||||
Other long-term liabilities | 400,000 | 47,000 | 12,000 | |||||||
Net debt | (1,596,000) | (741,000) | (205,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,608,000 | 853,000 | 998,000 | |||||||
CAPEX | (194,000) | (141,000) | (90,000) | |||||||
Cash from investing activities | (195,000) | 67,000 | (1,223,000) | |||||||
Cash from financing activities | (447,000) | (382,000) | (437,000) | |||||||
FCF | 983,000 | 1,024,000 | 1,267,000 | |||||||
Balance | ||||||||||
Cash | 2,140,000 | 1,274,000 | 683,000 | |||||||
Long term investments | ||||||||||
Excess cash | 1,854,700 | 1,018,050 | 451,250 | |||||||
Stockholders' equity | 3,911,000 | 3,345,000 | 2,649,000 | |||||||
Invested Capital | 4,056,300 | 3,951,950 | 3,824,750 | |||||||
ROIC | 21.63% | 31.12% | 40.63% | |||||||
ROCE | 19.15% | 25.71% | 32.75% | |||||||
EV | ||||||||||
Common stock shares outstanding | 97,636 | 97,610 | 97,709 | |||||||
Price | 287.40 46.78% | 195.80 -7.20% | 211.00 -14.02% | |||||||
Market cap | 28,060,586 46.82% | 19,112,038 -7.30% | 20,616,599 -14.07% | |||||||
EV | 26,500,586 | 18,411,038 | 20,453,599 | |||||||
EBITDA | 1,396,000 | 1,617,000 | 1,713,000 | |||||||
EV/EBITDA | 18.98 | 11.39 | 11.94 | |||||||
Interest | 13,000 | 14,000 | ||||||||
Interest/NOPBT | 0.95% | 0.93% |