MICLF
Mycronic AB (publ)
Price Chart
Latest Quote
$23.50
Current Price| Previous Close | $21.12 |
| Open | $23.50 |
| Day High | $23.50 |
| Day Low | $23.50 |
| Volume | 150 |
Stock Information
Note: Financial values converted from SEK to USD
| Quarterly Dividend / Yield | $0.28 / 1.34% |
| Shares Outstanding | 195.27M |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Market Cap | $4.59B |
| P/E Ratio | 23.27 |
| EPS (TTM) | $1.01 |
| Exchange | PNK |
📊 Custom Metrics & Score
Score: 28/42| Debt to Equity | 0.03 |
| Debt to Earnings | 0.06 |
| Current Ratio | 2.15 |
| Quick Ratio | 0.94 |
| Avg Revenue Growth | 13.06% |
| Profit Margin | 23.85% |
| Return on Equity | 25.77% |
| Avg FCF Growth | 20.04% |
| FCF Yield | 35.65% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-01-30 | $21.12 | 0 |
| 2026-01-29 | $21.12 | 0 |
| 2026-01-28 | $21.12 | 0 |
| 2026-01-27 | $21.12 | 0 |
| 2026-01-26 | $21.12 | 0 |
| 2026-01-23 | $21.12 | 0 |
| 2026-01-22 | $21.12 | 0 |
| 2026-01-21 | $21.12 | 0 |
| 2026-01-20 | $21.12 | 0 |
| 2026-01-16 | $21.12 | 0 |
| 2026-01-15 | $21.12 | 0 |
| 2026-01-14 | $21.12 | 0 |
| 2026-01-13 | $21.12 | 0 |
| 2026-01-12 | $21.12 | 0 |
| 2026-01-09 | $21.12 | 0 |
| 2026-01-08 | $21.12 | 0 |
| 2026-01-07 | $21.12 | 0 |
| 2026-01-06 | $21.12 | 0 |
| 2026-01-05 | $21.12 | 0 |
About Mycronic AB (publ)
Mycronic AB (publ) 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. It 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 photomasks for displays and semiconductors. The High Flex segment develops, manufactures, and markets surface mount technology (SMT) and inspection equipment for flexible manufacture. The High-Volume segment develops, manufactures, and markets equipment for dispensing and conformal coating of circuit boards. The Global Technologies segment offers die bonding systems; and equipment for 3D nanoprinting of photonic interconnects, as well as equipment for electrical testing of bare board PCBs and substrates. It sells its products through agents and distributors. It serves consumer, aerospace, defense, medical, communication, computers, and industrial 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) was incorporated in 1989 and is headquartered in Täby, Sweden.
📰 Latest News
Mycronic AB (FRA:MLT0) Q3 2025 Earnings Call Highlights: Strong Order Intake Amid Sales Decline
GuruFocus.com • 2025-10-23T21:03:36Z
Mycronic AB (STU:MLT) Q1 2025 Earnings Call Highlights: Record EBIT and Strategic Acquisitions ...
GuruFocus.com • 2025-04-27T05:00:21Z
3 European Stocks Estimated To Be Up To 39.5% Below Intrinsic Value
Simply Wall St. • 2025-03-17T10:07:57Z
Exploring Three High Growth Tech Stocks For Potential Portfolio Strength
Simply Wall St. • 2025-02-26T17:02:31Z
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $3,338,000,000 | $2,850,000,000 | $2,831,000,000 | $2,351,000,000 |
| Cost Of Revenue | $3,338,000,000 | $2,850,000,000 | $2,831,000,000 | $2,351,000,000 |
| Total Revenue | $7,057,000,000 | $5,706,000,000 | $5,119,000,000 | $4,635,000,000 |
| Operating Revenue | $7,057,000,000 | $5,706,000,000 | $5,119,000,000 | $4,635,000,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $15,000,000 | $13,000,000 | $13,000,000 | $14,000,000 |
| Total Expenses | $5,044,000,000 | $4,454,000,000 | $4,224,000,000 | $3,614,000,000 |
| Net Non Operating Interest Income Expense | $63,000,000 | $27,000,000 | $-4,000,000 | $-3,000,000 |
| Interest Expense Non Operating | $15,000,000 | $13,000,000 | $13,000,000 | $14,000,000 |
| Operating Expense | $1,706,000,000 | $1,604,000,000 | $1,393,000,000 | $1,263,000,000 |
| Other Operating Expenses | $18,000,000 | $17,000,000 | - | $3,000,000 |
| Selling And Marketing Expense | $265,000,000 | $326,000,000 | $254,000,000 | $211,000,000 |
| General And Administrative Expense | $73,000,000 | $81,000,000 | $32,000,000 | $18,000,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $1,683,000,000 | $998,000,000 | $741,000,000 | $828,000,000 |
| Net Interest Income | $63,000,000 | $27,000,000 | $-4,000,000 | $-3,000,000 |
| Interest Income | $78,000,000 | $40,000,000 | $9,000,000 | $11,000,000 |
| Normalized Income | $1,683,000,000 | $998,000,000 | $741,000,000 | $828,000,000 |
| Net Income From Continuing And Discontinued Operation | $1,683,000,000 | $998,000,000 | $741,000,000 | $828,000,000 |
| Net Income Common Stockholders | $1,683,000,000 | $998,000,000 | $741,000,000 | $828,000,000 |
| Net Income | $1,683,000,000 | $998,000,000 | $741,000,000 | $828,000,000 |
| Net Income Including Noncontrolling Interests | $1,688,000,000 | $996,000,000 | $737,000,000 | $827,000,000 |
| Net Income Continuous Operations | $1,688,000,000 | $996,000,000 | $736,000,000 | $827,000,000 |
| Pretax Income | $2,084,000,000 | $1,262,000,000 | $890,000,000 | $1,046,000,000 |
| Interest Income Non Operating | $78,000,000 | $40,000,000 | $9,000,000 | $11,000,000 |
| Operating Income | $2,013,000,000 | $1,251,000,000 | $895,000,000 | $1,021,000,000 |
| Depreciation And Amortization In Income Statement | $67,000,000 | $75,000,000 | $78,000,000 | $58,000,000 |
| Depreciation Income Statement | $67,000,000 | $75,000,000 | $78,000,000 | $58,000,000 |
| Gross Profit | $3,719,000,000 | $2,855,000,000 | $2,288,000,000 | $2,284,000,000 |
| Total Operating Income As Reported | - | - | $894,000,000 | $1,049,000,000 |
| Special Income Charges | - | - | $23,000,000 | $0 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $8.62 | $5.11 | $3.79 | $4.24 |
| Basic EPS | $8.62 | $5.11 | $3.79 | $4.24 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $2,365,000,000 | $1,539,000,000 | $1,156,000,000 | $1,265,000,000 |
| Reconciled Depreciation | $266,000,000 | $264,000,000 | $253,000,000 | $205,000,000 |
| EBITDA (Bullshit earnings) | $2,365,000,000 | $1,539,000,000 | $1,156,000,000 | $1,265,000,000 |
| EBIT | $2,099,000,000 | $1,275,000,000 | $903,000,000 | $1,060,000,000 |
| Diluted Average Shares | $195,290,000 | $195,272,000 | $195,220,000 | $195,418,000 |
| Basic Average Shares | $195,180,000 | $195,220,000 | $195,194,000 | $195,298,000 |
| Diluted NI Availto Com Stockholders | $1,683,000,000 | $998,000,000 | $741,000,000 | $828,000,000 |
| Otherunder Preferred Stock Dividend | $0 | $0 | $0 | $0 |
| Minority Interests | $-5,000,000 | $2,000,000 | $4,000,000 | $1,000,000 |
| Tax Provision | $396,000,000 | $266,000,000 | $154,000,000 | $219,000,000 |
| Research And Development | $747,000,000 | $653,000,000 | $638,000,000 | $548,000,000 |
| Selling General And Administration | $338,000,000 | $407,000,000 | $286,000,000 | $229,000,000 |
| Total Unusual Items | - | - | $23,000,000 | $0 |
| Total Unusual Items Excluding Goodwill | - | - | $23,000,000 | $0 |
| Other Special Charges | - | - | $-23,000,000 | - |
| Write Off | - | - | $0 | $0 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $3,846,000,000 | $2,955,000,000 | $2,289,000,000 | $1,659,000,000 |
| Total Assets | $10,412,000,000 | $8,340,000,000 | $7,340,000,000 | $6,136,000,000 |
| Total Non Current Assets | $3,533,000,000 | $3,021,000,000 | $3,145,000,000 | $2,926,000,000 |
| Other Non Current Assets | $59,000,000 | $59,000,000 | $65,000,000 | $56,000,000 |
| Non Current Deferred Taxes Assets | $214,000,000 | $175,000,000 | $193,000,000 | $145,000,000 |
| Goodwill And Other Intangible Assets | $2,686,000,000 | $2,292,000,000 | $2,374,000,000 | $2,296,000,000 |
| Other Intangible Assets | $581,000,000 | $489,000,000 | $508,000,000 | $556,000,000 |
| Current Assets | $6,879,000,000 | $5,319,000,000 | $4,195,000,000 | $3,024,000,000 |
| Other Current Assets | $1,000,000 | $-2,000,000 | - | $-185,000,000 |
| Prepaid Assets | $73,000,000 | $55,000,000 | $61,000,000 | $45,000,000 |
| Inventory | $2,056,000,000 | $1,602,000,000 | $1,433,000,000 | $1,363,000,000 |
| Other Receivables | $199,000,000 | $214,000,000 | $236,000,000 | $181,000,000 |
| Taxes Receivable | $30,000,000 | $40,000,000 | $48,000,000 | $93,000,000 |
| Accounts Receivable | $1,507,000,000 | $1,270,000,000 | $1,143,000,000 | $658,000,000 |
| Allowance For Doubtful Accounts Receivable | $-46,000,000 | $-51,000,000 | $-47,000,000 | $-26,000,000 |
| Gross Accounts Receivable | $1,553,000,000 | $1,321,000,000 | $1,189,000,000 | $684,000,000 |
| Cash Cash Equivalents And Short Term Investments | $3,014,000,000 | $2,140,000,000 | $1,274,000,000 | $683,000,000 |
| Cash And Cash Equivalents | $3,014,000,000 | $2,140,000,000 | $1,274,000,000 | $683,000,000 |
| Assets Held For Sale Current | - | - | $0 | $186,000,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Debt | $219,000,000 | $228,000,000 | $270,000,000 | $243,000,000 |
| Long Term Debt And Capital Lease Obligation | $133,000,000 | $150,000,000 | $193,000,000 | $181,000,000 |
| Current Debt And Capital Lease Obligation | $86,000,000 | $78,000,000 | $77,000,000 | $62,000,000 |
| Current Debt | $4,000,000 | $0 | $0 | $8,000,000 |
| Long Term Debt | - | $0 | $7,000,000 | $0 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $3,837,000,000 | $3,057,000,000 | $2,637,000,000 | $2,139,000,000 |
| Total Non Current Liabilities Net Minority Interest | $632,000,000 | $550,000,000 | $575,000,000 | $595,000,000 |
| Other Non Current Liabilities | $50,000,000 | $-2,000,000 | $-1,000,000 | $37,000,000 |
| Non Current Deferred Taxes Liabilities | $405,000,000 | $359,000,000 | $335,000,000 | $329,000,000 |
| Current Liabilities | $3,205,000,000 | $2,507,000,000 | $2,062,000,000 | $1,544,000,000 |
| Other Current Liabilities | $204,000,000 | $122,000,000 | $155,000,000 | $103,000,000 |
| Payables | $821,000,000 | $476,000,000 | $360,000,000 | $319,000,000 |
| Total Tax Payable | $264,000,000 | $88,000,000 | $50,000,000 | $24,000,000 |
| Accounts Payable | $557,000,000 | $388,000,000 | $310,000,000 | $295,000,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $6,532,000,000 | $5,247,000,000 | $4,663,000,000 | $3,955,000,000 |
| Total Equity Gross Minority Interest | $6,575,000,000 | $5,283,000,000 | $4,703,000,000 | $3,997,000,000 |
| Stockholders Equity | $6,532,000,000 | $5,247,000,000 | $4,663,000,000 | $3,955,000,000 |
| Retained Earnings | $4,709,000,000 | $3,487,000,000 | $2,853,000,000 | $2,417,000,000 |
| Other Equity Interest | - | - | - | $-1,000,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Treasury Shares Number | $653,428 | - | $407,000 | - |
| Ordinary Shares Number | $195,179,590 | $195,194,818 | $195,426,018 | $195,833,018 |
| Share Issued | $195,833,018 | $195,194,818 | $195,833,018 | $195,833,018 |
| Tangible Book Value | $3,846,000,000 | $2,955,000,000 | $2,289,000,000 | $1,659,000,000 |
| Invested Capital | $6,536,000,000 | $5,247,000,000 | $4,670,000,000 | $3,963,000,000 |
| Working Capital | $3,674,000,000 | $2,812,000,000 | $2,133,000,000 | $1,480,000,000 |
| Capital Lease Obligations | $215,000,000 | $228,000,000 | $263,000,000 | $235,000,000 |
| Total Capitalization | $6,532,000,000 | $5,247,000,000 | $4,670,000,000 | $3,955,000,000 |
| Minority Interest | $43,000,000 | $36,000,000 | $40,000,000 | $42,000,000 |
| Additional Paid In Capital | $1,392,000,000 | $1,372,000,000 | $1,358,000,000 | $1,349,000,000 |
| Capital Stock | $98,000,000 | $98,000,000 | $98,000,000 | $98,000,000 |
| Common Stock | $98,000,000 | $98,000,000 | $98,000,000 | $98,000,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $32,000,000 | $33,000,000 | $36,000,000 | $41,000,000 |
| Long Term Capital Lease Obligation | $133,000,000 | $150,000,000 | $186,000,000 | $181,000,000 |
| Long Term Provisions | $12,000,000 | $10,000,000 | $12,000,000 | $7,000,000 |
| Current Capital Lease Obligation | $82,000,000 | $78,000,000 | $77,000,000 | $54,000,000 |
| Current Provisions | $86,000,000 | $74,000,000 | $86,000,000 | $74,000,000 |
| Goodwill | $2,105,000,000 | $1,803,000,000 | $1,866,000,000 | $1,740,000,000 |
| Net PPE | $574,000,000 | $495,000,000 | $513,000,000 | $429,000,000 |
| Accumulated Depreciation | $-795,000,000 | $-680,000,000 | $-570,000,000 | $-485,000,000 |
| Gross PPE | $1,369,000,000 | $1,175,000,000 | $1,083,000,000 | $914,000,000 |
| Construction In Progress | $116,000,000 | $41,000,000 | $10,000,000 | $9,000,000 |
| Other Properties | $31,000,000 | $25,000,000 | $23,000,000 | $22,000,000 |
| Machinery Furniture Equipment | $651,000,000 | $599,000,000 | $546,000,000 | $475,000,000 |
| Buildings And Improvements | $571,000,000 | $510,000,000 | $504,000,000 | $408,000,000 |
| Properties | $0 | $0 | $0 | $0 |
| Other Inventories | $-1,000,000 | - | - | $-1,000,000 |
| Finished Goods | $811,000,000 | $668,000,000 | $666,000,000 | $707,000,000 |
| Work In Process | $514,000,000 | $340,000,000 | $236,000,000 | $253,000,000 |
| Raw Materials | $732,000,000 | $594,000,000 | $531,000,000 | $404,000,000 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $1,636,000,000 | $1,416,000,000 | $712,000,000 | $908,000,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $1,874,000,000 | $1,608,000,000 | $853,000,000 | $998,000,000 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-238,000,000 | $-192,000,000 | $-141,000,000 | $-90,000,000 |
| Investing Cash Flow | $-500,000,000 | $-195,000,000 | $67,000,000 | $-1,223,000,000 |
| Net Other Investing Changes | $-4,000,000 | $2,000,000 | $-8,000,000 | $-16,000,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repurchase Of Capital Stock | $-19,000,000 | $-26,000,000 | $-16,000,000 | $-23,000,000 |
| Issuance Of Capital Stock | $0 | $9,000,000 | $5,000,000 | $10,000,000 |
| Financing Cash Flow | $-552,000,000 | $-447,000,000 | $-382,000,000 | $-437,000,000 |
| Cash Dividends Paid | $-441,000,000 | $-343,000,000 | $-294,000,000 | $-294,000,000 |
| Net Common Stock Issuance | $-19,000,000 | $-17,000,000 | $-11,000,000 | $-13,000,000 |
| Common Stock Issuance | $0 | $9,000,000 | $5,000,000 | $10,000,000 |
| Net Other Financing Charges | - | $1,000,000 | - | $-43,000,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-95,000,000 | $-88,000,000 | $-84,000,000 | $-83,000,000 |
| Issuance Of Debt | $3,000,000 | $0 | $7,000,000 | $0 |
| End Cash Position | $3,014,000,000 | $2,140,000,000 | $1,274,000,000 | $683,000,000 |
| Other Cash Adjustment Outside Changein Cash | $-1,000,000 | - | - | $-9,000,000 |
| Beginning Cash Position | $2,140,000,000 | $1,274,000,000 | $692,000,000 | $1,303,000,000 |
| Effect Of Exchange Rate Changes | $53,000,000 | $-100,000,000 | $44,000,000 | $51,000,000 |
| Changes In Cash | $822,000,000 | $966,000,000 | $538,000,000 | $-662,000,000 |
| Common Stock Payments | $-19,000,000 | $-26,000,000 | $-16,000,000 | $-23,000,000 |
| Net Issuance Payments Of Debt | $-92,000,000 | $-88,000,000 | $-77,000,000 | $-83,000,000 |
| Net Long Term Debt Issuance | $-92,000,000 | $-88,000,000 | $-77,000,000 | $-83,000,000 |
| Long Term Debt Payments | $-95,000,000 | $-88,000,000 | $-84,000,000 | $-83,000,000 |
| Long Term Debt Issuance | $3,000,000 | $0 | $7,000,000 | $0 |
| Net Business Purchase And Sale | $-258,000,000 | $-6,000,000 | $216,000,000 | $-1,117,000,000 |
| Purchase Of Business | $-258,000,000 | $-6,000,000 | $0 | $-1,117,000,000 |
| Net Intangibles Purchase And Sale | $-112,000,000 | $-89,000,000 | $-34,000,000 | $-48,000,000 |
| Purchase Of Intangibles | $-112,000,000 | $-89,000,000 | $-34,000,000 | $-48,000,000 |
| Net PPE Purchase And Sale | $-126,000,000 | $-102,000,000 | $-107,000,000 | $-42,000,000 |
| Sale Of PPE | $0 | $1,000,000 | $0 | $0 |
| Purchase Of PPE | $-126,000,000 | $-103,000,000 | $-107,000,000 | $-42,000,000 |
| Taxes Refund Paid | $-201,000,000 | $-188,000,000 | $-141,000,000 | $-181,000,000 |
| Change In Working Capital | $-324,000,000 | $138,000,000 | $-113,000,000 | $-68,000,000 |
| Change In Other Current Liabilities | $199,000,000 | $415,000,000 | $350,000,000 | $-95,000,000 |
| Change In Payable | $147,000,000 | $94,000,000 | $-2,000,000 | $-1,000,000 |
| Change In Inventory | $-433,000,000 | $-235,000,000 | $-26,000,000 | $-26,000,000 |
| Change In Receivables | $-237,000,000 | $-136,000,000 | $-435,000,000 | $54,000,000 |
| Other Non Cash Items | $30,000,000 | $21,000,000 | $8,000,000 | $3,000,000 |
| Provisionand Write Offof Assets | $10,000,000 | $1,000,000 | $1,000,000 | $3,000,000 |
| Depreciation And Amortization | $266,000,000 | $264,000,000 | $253,000,000 | $205,000,000 |
| Depreciation | $266,000,000 | $264,000,000 | $134,000,000 | $205,000,000 |
| Pension And Employee Benefit Expense | $-3,000,000 | $-6,000,000 | $-6,000,000 | $5,000,000 |
| Net Foreign Currency Exchange Gain Loss | $-29,000,000 | $80,000,000 | $-41,000,000 | $-34,000,000 |
| Net Income From Continuing Operations | $2,084,000,000 | $1,262,000,000 | $890,000,000 | $1,046,000,000 |
| Sale Of Business | - | $0 | $216,000,000 | $0 |
| Amortization Cash Flow | - | $109,000,000 | $119,000,000 | - |
| Gain Loss On Sale Of PPE | - | - | - | $2,000,000 |