Mycronic AB (0MQG) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Mycronic AB SEK 372, price SEK 359, upside +3.5%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Mycronic AB for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, PCB Assembly, High-Volume, and Global Technologies.
Show more
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, PCB Assembly, High-Volume, and Global Technologies. The Pattern Generators segment develops, manufactures, and markets mask writers and metrology systems for display manufacturing and production of semiconductors. The PCB Assembly segment develops, manufactures, and markets flexible PCB assembly solutions, including jet printing, stencil printing, 3D inspection, component placement, and automated storage solutions. The High-Volume segment develops, manufactures, and markets automated system for dispensing and conformal coating for high-volume electronics production. The Global Technologies segment offers die bonding, PCB test, photonic interconnects, magnetic test, and applied plasma. The company sells its products through agents and distributors. It serves aerospace, defense, medical, and industrial electronics 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.
Stock analysis
Mycronic AB (0MQG) currently trades at kr 359.00, while our model-based Fair Value estimate is kr 371.58, so the stock looks roughly fairly valued today (gap 3.4%).
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of kr 306.77 per share, and 1 of the 25 models we run sit above the kr 359.00 price.
Bear case: the Asset-Based group reads lowest at kr 44.29, and 24 of the 25 models stay below the price. Evidence for this calculation is low.
Scenario range: kr 278.67 (bear) to kr 530.83 (bull), the price of kr 359.00 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Mycronic AB reported revenue of 3.9B SEK in FY2020 versus 2.3B SEK in FY2016, a compound +13.7%/yr. Reported net income was 693M SEK in FY2020, compounding +7.1%/yr from FY2016.
Key figures
Market cap 18.3B SEK (≈ $1.8B) · P/S ratio 2.11 · Dividend yield 0.9% · Net margin 17.9% · Return on equity 23.7% · Return on assets (EBIT) 23.1% · Operating margin 28.9% · Revenue (TTM) 8.6B SEK.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 58 out of 100 (medium confidence).
What moves the price
The share trades at its 52-week high and 92% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −44% fair-value upside, at 4%, 0MQG screens cheaper than that median.
Fair Value models
Bear kr 278.67Fair Value kr 371.58Bull kr 530.83
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.74/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−9.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.0%
’16
’17
’18
’19
’20
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
29.8% (2016) → 23.1% (2020)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Machinery” was too small, so the broader sector is used.)Industrials · 5328 stocks
Beats the sector median on 9/10 measures
Overall it ranks above its sector peers.
Valuation
Quality Score61 · Above median
Fair Value upside+7.8% · Above median
Profitability
Return on equity (TTM)23.7% · Top 25%
Return on assets13.1% · Top 25%
Net margin (TTM)20.1% · Top 25%
Operating margin (TTM)28.9% · Top 25%
Growth and dividend
Revenue growth16.9% · Above median
Dividend yield (TTM)0.9% · Below median
Valuation Multiplesvs Industrials median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Mycronic AB Fair Value". https://www.fairvalue-calculator.com/stock/0MQG
Frequently asked questions
Is Mycronic AB (0MQG) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 371.58 versus a price of kr 359.00, about +4% upside (fairly valued).
What is the fair value of 0MQG?
Our model-based fair value for Mycronic AB is kr 371.58 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 359.00.
What is the quality score of 0MQG?
Mycronic AB has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Mycronic AB (0MQG)?
Our model-based price target is the fair value of kr 371.58 (as of Sep 24, 2026) from 25 valuation models. Cautious scenario kr 278.67, optimistic scenario kr 530.83. It is a calculation from audited fundamentals, not an analyst target.
What is the Mycronic AB stock forecast for 2026?
Our models put fair value at kr 371.58, about +4% upside versus a price of kr 359.00 (fairly valued). Cautious scenario kr 278.67, optimistic scenario kr 530.83. The calculation is refreshed regularly with new filings.
What is the revenue of Mycronic AB (0MQG)?
Mycronic AB reported trailing-twelve-month revenue of about 8.6B SEK (latest available figure, as of Sep 24, 2026).
Does Mycronic AB pay a dividend?
Mycronic AB currently shows a dividend yield of about 0.91% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Mycronic AB (0MQG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mycronic AB it is kr 371.58 per share (as of Sep 24, 2026), against a price of kr 359.00. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is Mycronic AB stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0MQG trades below its calculated fair value: price kr 359.00, fair value kr 371.58, a gap of about +4% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0MQG?
No. The price is what the market pays today (kr 359.00); the fair value is what the company's own numbers justify (kr 371.58). For Mycronic AB the two are kr 12.58 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mycronic AB worth?
The market values Mycronic AB at about 18.3B SEK (market capitalisation, as of Sep 24, 2026). Per share that is kr 359.00; our models calculate a fair value of kr 371.58 per share.
What do the bullish and bearish scenarios say about 0MQG?
Our models span a range for Mycronic AB: cautious scenario kr 278.67, base kr 371.58, optimistic kr 530.83 per share (as of Sep 24, 2026, price kr 359.00). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Mycronic AB (0MQG)?
Balance-sheet figures for Mycronic AB (as of Sep 24, 2026): return on equity 23.7%. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is 0MQG from its 52-week high?
Mycronic AB trades at kr 359.00, at its 52-week high of kr 359.00 and 92% above the low of kr 186.77 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of kr 371.58 is for.
Which stocks are comparable to Mycronic AB?
From the same area (Industrials) we also value CHEMTECH, INLCM, Contemporary Amperex Technology Co, Delta Electronics (Thailand) Public Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Mycronic AB stock attractive at the current price?
The data as of Sep 24, 2026: price kr 359.00, calculated fair value kr 371.58 (+4%), Quality Score 61/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0MQG calculated?
We run Mycronic AB through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 371.58, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Mycronic AB currently trades 3 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Mycronic AB (0MQG)?
The closing price on Oct 2, 2026 was kr 359.00. Our model-based fair value is kr 371.58, about +4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mycronic AB right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (kr 278.67 to kr 530.83) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Mycronic AB
How large is the market capitalisation of Mycronic AB (0MQG)?
The market capitalisation of Mycronic AB is 18.3B SEK (≈ $1.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Mycronic AB (0MQG)?
The price-to-sales ratio of Mycronic AB is 2.11 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Mycronic AB (0MQG)?
The dividend yield of Mycronic AB is 0.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Mycronic AB (0MQG)?
The net margin of Mycronic AB is 17.9% (fiscal year 2020). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Mycronic AB (0MQG)?
The return on equity (ROE) of Mycronic AB is 23.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Mycronic AB (0MQG)?
On an EBIT basis the return on assets of Mycronic AB is 23.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Mycronic AB (0MQG)?
The operating margin of Mycronic AB is 28.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mycronic AB (0MQG)?
Revenue at Mycronic AB is growing +16.9% versus a year earlier (3y avg +9.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Mycronic AB (0MQG)?
Earnings per share at Mycronic AB are growing +18.4% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Mycronic AB in the live analysis
One click puts Mycronic AB on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
