Silex Microsystems AB (SILEX) fair value: what the stock is really worth
As of Oct 30, 2026: fair value (intrinsic value) of Silex Microsystems AB stock SEK 111, price SEK 150, upside -25.8%, quality 71 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 31, 2026.
How to read this chart
6‑month range kr 136.75 – kr 311.00 · fair‑value band kr 58.18 – kr 147.96 · the kr 149.65 price screens above the kr 111.10 fair value. As of Oct 31, 2026.
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Silex Microsystems AB (publ) manufactures and sells foundry services for micro-electro-mechanical systems (MEMS). It offers services, including MEMS engineering, manufacturing, and wafer-level processing. The company was incorporated in 2000 and is based in Järfälla, Sweden.
Stock analysis
Silex Microsystems AB (SILEX) currently trades at kr 149.65, while our model-based Fair Value estimate is kr 111.10, 25.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of kr 68.58 per share, and 0 of the 26 models we run sit above the kr 149.65 price.
Bear case: the Economic Profit group reads lowest at kr 16.80, and 26 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 58.18 (bear) to kr 147.96 (bull), the price of kr 149.65 sits above 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 71/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Silex Microsystems AB reported revenue of 1.4B SEK in FY2025 versus 1.1B SEK in FY2023, a compound +12.5%/yr. Reported net income was 269M SEK in FY2025, compounding +12.1%/yr from FY2023.
Key figures
Market cap 16.4B SEK (≈ $1.7B) Small · P/E ratio 47.1 · P/S ratio 10.9 · EPS (TTM) kr 3.18 · Dividend yield 1.6% · Net margin 25.0% · Return on assets (EBIT) 12.9% · Operating margin 29.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 84 out of 100 (low confidence).
What moves the price
For context, the median of 10 Technology peers we cover trades at −13% fair-value upside, at −26%, SILEX screens richer than that median.
Fair Value models
Bearkr 58.18Fair Value kr 111.10Bullkr 147.96
Price kr 149.65 · Upside -25.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 2.65 per share) are deliberately not added.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.Coverage ⓘCoverage = 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.93/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: only 3 usable fiscal years, at least 4 required
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+46.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+17.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +43.2% a year for the price and +15.1% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductor Equipment & Materials · 238 stocks
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). "Silex Microsystems AB Fair Value". https://www.fairvalue-calculator.com/stock/SILEX
Frequently asked questions
Is Silex Microsystems AB (SILEX) overvalued or undervalued?
As of Oct 31, 2026, our model estimates a fair value of kr 111.10 versus a price of kr 149.65, about −26% upside (overvalued).
What is the fair value of SILEX?
Our model-based fair value for Silex Microsystems AB is kr 111.10 (as of Oct 31, 2026), built from audited fundamentals. The current price: kr 149.65.
What is the quality score of SILEX?
Silex Microsystems AB has a Quality Score of 71/100. 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 Silex Microsystems AB (SILEX)?
Our model-based price target is the fair value of kr 111.10 (as of Oct 31, 2026) from 26 valuation models. Cautious scenario kr 58.18, optimistic scenario kr 147.96. It is a calculation from audited fundamentals, not an analyst target.
What is the Silex Microsystems AB stock forecast for 2026?
Our models put fair value at kr 111.10, about −26% upside versus a price of kr 149.65 (overvalued). Cautious scenario kr 58.18, optimistic scenario kr 147.96. The calculation is refreshed regularly with new filings.
What is the revenue of Silex Microsystems AB (SILEX)?
Silex Microsystems AB reported trailing-twelve-month revenue of about 1.5B SEK (latest available figure, as of Oct 31, 2026).
Does Silex Microsystems AB pay a dividend?
Silex Microsystems AB currently shows a dividend yield of 1.58% relative to its recent price (as of Oct 31, 2026).
What growth is priced into Silex Microsystems AB (SILEX)?
For today's price to be fair in a discounted-cash-flow model, Silex Microsystems AB would have to grow free cash flow by +46.0 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 2 years revenue grew +12.5 % per year. As of Oct 31, 2026.
What discount rate (WACC) does the fair value of SILEX use?
Our models discount Silex Microsystems AB at 11.0 %: a base by market capitalisation (small), country premium for Sweden. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Silex Microsystems AB that is +46.0 % per year a year over ten years, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Silex Microsystems AB (SILEX) delivered so far?
Over the past 2 years revenue at Silex Microsystems AB grew +12.5 % a year. The price currently implies +46.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Silex Microsystems AB (SILEX) growing?
The median revenue growth in the sector is +15.9 % a year. That is the yardstick for the growth priced into Silex Microsystems AB (+46.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Silex Microsystems AB (SILEX)?
The free-cash-flow yield on the price is 0.96 %: that much free cash flow Silex Microsystems AB produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Silex Microsystems AB (SILEX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Silex Microsystems AB it is kr 111.10 per share (as of Oct 31, 2026), against a price of kr 149.65. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Silex Microsystems AB stock overvalued or undervalued in 2026?
As of Oct 31, 2026, SILEX trades above its calculated fair value: price kr 149.65, fair value kr 111.10, a gap of about −26% (overvalued). 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 SILEX?
No. The price is what the market pays today (kr 149.65); the fair value is what the company's own numbers justify (kr 111.10). For Silex Microsystems AB the two are kr 38.55 per share apart. That gap is exactly why we show both numbers side by side.
How much is Silex Microsystems AB worth?
The market values Silex Microsystems AB at about 16.4B SEK (market capitalisation, as of Oct 31, 2026). Per share that is kr 149.65; our models calculate a fair value of kr 111.10 per share.
What do the bullish and bearish scenarios say about SILEX?
Our models span a range for Silex Microsystems AB: cautious scenario kr 58.18, base kr 111.10, optimistic kr 147.96 per share (as of Oct 31, 2026, price kr 149.65). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SILEX?
Silex Microsystems AB trades at a price-to-earnings ratio of 47.1 (as of Oct 31, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 111.10 is built from several models across several years. Other multiples: P/B 11.5, P/S 10.9, EV/EBITDA 29.7.
How solid is the balance sheet of Silex Microsystems AB (SILEX)?
Balance-sheet figures for Silex Microsystems AB (as of Oct 31, 2026): debt of 0.13 per unit of equity. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
Which stocks are comparable to Silex Microsystems AB?
From the same area (Technology) we also value ASML Holding, Applied Materials, Inc, Lam Research Corporation, KLA Corporation, 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 Silex Microsystems AB stock attractive at the current price?
The data as of Oct 31, 2026: price kr 149.65, calculated fair value kr 111.10 (−26%), Quality Score 71/100, from 26 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 SILEX calculated?
We run Silex Microsystems AB through 26 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 111.10, 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 13.4 % above its aggregate fair value. Silex Microsystems AB itself currently trades above fair value. 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 Silex Microsystems AB (SILEX)?
The closing price on Oct 30, 2026 was kr 149.65. Our model-based fair value is kr 111.10, about −26% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Silex Microsystems AB right now?
A high-quality business (quality 71/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. A fairly wide model range (kr 58.18 to kr 147.96) leaves room in how you read the outcome.
Key figures of Silex Microsystems AB
How large is the market capitalisation of Silex Microsystems AB (SILEX)?
The market capitalisation of Silex Microsystems AB is 16.4B SEK (≈ $1.7B). 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 Silex Microsystems AB (SILEX)?
The price-to-sales ratio of Silex Microsystems AB is 10.9 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Silex Microsystems AB (SILEX)?
Earnings per share at Silex Microsystems AB are kr 3.18 (price ÷ EPS = P/E 47.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Silex Microsystems AB (SILEX)?
The dividend yield of Silex Microsystems AB is 1.6% (payout 74.4%). 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 Silex Microsystems AB (SILEX)?
The net margin of Silex Microsystems AB is 25.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Silex Microsystems AB (SILEX)?
On an EBIT basis the return on assets of Silex Microsystems AB is 12.9% (avg 3y). 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 Silex Microsystems AB (SILEX)?
The operating margin of Silex Microsystems AB is 29.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Silex Microsystems AB (SILEX)?
Revenue at Silex Microsystems AB is growing +27.6% versus a year earlier. 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 Silex Microsystems AB (SILEX)?
Earnings per share at Silex Microsystems AB are growing +124% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Oct 31, 2026