Mycronic AB (MICLF) fair value: what the stock is really worth
As of Aug 21, 2026: fair value of Mycronic AB $34.38, price $32.50, upside +5.8%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Mycronic AB
MICLF · USNeutralQuality growthThe stock looks roughly fairly valued with average quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Sep 23, 2026.
How to read this chart
60‑month range $4.30 – $32.92 · fair‑value band $22.48 – $48.80 · the $32.50 price screens below the $34.38 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Sep 23, 2026.
Company profile
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.
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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 (MICLF) currently trades at $32.50, while our model-based Fair Value estimate is $34.38, so the stock looks roughly fairly valued today (gap 5.5%).
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Valuation
Bull case: the DCF Models group reads highest at a median of $18.93 per share, and 0 of the 26 models we run sit above the $32.50 price.
Bear case: the Dividend Discount group reads lowest at $5.65, and 26 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $22.48 (bear) to $48.80 (bull), the price of $32.50 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 58/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Mycronic AB reported revenue of 7.9B SEK in FY2025 versus 4.6B SEK in FY2021, a compound +14.3%/yr. Reported net income was 1.6B SEK in FY2025, compounding +17.1%/yr from FY2021.
Key figures
Market cap $6.3B · P/E ratio 36.1 · P/S ratio 7.10 · EPS (TTM) $0.9000 · Net margin 19.7% · Return on equity 22.2% · Return on assets (EBIT) 16.1% · Revenue (TTM) 7.5B 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 about 1% below its 52-week high and 58% above its 52-week low.
For context, the median of 10 Industrials peers we cover trades at −49% fair-value upside, at 6%, MICLF screens cheaper than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 91
Revenue & earnings trend
Growth Forecast
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Earlier news
- Mycronic AB (MICLF) Q2 2026 Earnings Call Highlights: Record Order Intake and Strong Margins ...
- Mycronic (OM:MYCR) Stock After 52% One-Year Gain Is The Current Price Justified
- Mycronic AB (FRA:MLT0) Q4 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
- Mycronic AB (FRA:MLT0) Q3 2025 Earnings Call Highlights: Strong Order Intake Amid Sales Decline
Compare Mycronic AB with another stock
Price, fair value, quality and upside side by side.
Context: sector, industry, market
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.
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| Parker-Hannifin Corporation PH | $970.37 | $494.81 | −49% |
| Emerson Electric Co EMR | $155.10 | $62.54 | −60% |
| Illinois Tool Works Inc ITW | $257.28 | $153.33 | −40% |
| Cummins Inc CMI | $516.57 | $359.11 | −30% |
| AMETEK, Inc AME | $250.74 | $125.77 | −50% |
| Rockwell Automation, Inc ROK | $442.45 | $139.31 | −69% |
| Sandvik AB SAND | kr 362.00 | kr 193.59 | −47% |
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Key figures of Mycronic AB
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