Mikron Holding AG (MIKN) AI Stock Analysis

• Market Cap: CHF295.73M
• Dividend Yield: 5.54%
• Average Volume (3M): 10.31K
• Price to Earnings (P/E): 9.5
• Beta (1Y): 0.51
• Revenue Growth: -1.94%
• EPS Growth: 6.63%
• Country: CH
• Employees: 1,588
• Sector: Industrials
• Sector Strength: 89
• Industry: Industrial - Machinery
• EPS (TTM): 1.10
• Shares Outstanding: 16,712,744
• 10 Day Avg. Volume: 22,822
• 30 Day Avg. Volume: 10,309
• PEG Ratio: -2.22
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 81 Outperform
• Price Target: CHF21.00 ▲(24.56%Upside)

Mikron Holding AG has a strong overall stock score driven primarily by its robust financial performance and attractive valuation. The positive technical indicators further support the stock's upward momentum. Key strengths include strong revenue growth, profitability improvements, and a low P/E ratio, while potential risks are increased liabilities and capital expenditure volatility.

Mikron Holding AG Business Overview & Revenue Model

Company Description

Mikron Holding AG (MIKN) is a Switzerland-based company that specializes in providing high-precision manufacturing and automation solutions. The company operates in two primary segments: Mikron Automation and Mikron Machining. Mikron Automation focuses on developing and producing scalable and customized automation solutions for the assembly and testing of intricate devices in various sectors, including the automotive, medical, and consumer goods industries. Mikron Machining offers highly specialized, high-performance machining systems and tools, catering primarily to the automotive and industrial sectors.

How the Company Makes Money

Mikron Holding AG generates revenue through its two core segments: Mikron Automation and Mikron Machining. The Mikron Automation segment earns money by designing and delivering custom automation solutions that meet the specific needs of its clients, often through long-term contracts. This segment benefits from partnerships with global corporations in industries such as pharmaceuticals, consumer goods, and automotive, which require precise automation systems for assembly and testing. The Mikron Machining segment generates income by producing high-precision machining systems and cutting tools, which are essential for manufacturing components with exacting standards. This segment serves industries that demand high-performance machining capabilities, such as automotive, aerospace, and electronics. Revenue streams are bolstered by after-sales services, including maintenance and support, which provide ongoing income post-installation. Mikron's ability to innovate and adapt its solutions to the evolving needs of these industries is a significant factor contributing to its financial performance.

Mikron Holding AG Financial Statement Overview

Summary

Mikron Holding AG demonstrates strong financial health with robust revenue growth and improved profitability margins. The income statement shows resilience and recovery, while the balance sheet remains solid with low leverage. The cash flow statement indicates effective cash management, despite some volatility in capital expenditures.

Income Statement

Mikron Holding AG has demonstrated strong revenue growth, increasing from CHF 257.8M in 2020 to CHF 374.1M in 2024, showing resilience and recovery from previous losses. The gross profit margin has improved significantly, reflecting operational efficiency. The EBIT and EBITDA margins have stabilized, contributing to overall profitability, and net profit margin recovery is commendable. This upward trajectory signals robust financial health in the income statement.

Balance Sheet

The company's financial position is solid with a low debt-to-equity ratio, indicating conservative leverage. Stockholders' equity has shown consistent growth, enhancing the equity ratio. The return on equity has remained positive, demonstrating effective use of shareholders' funds. However, the total liabilities have increased, which could pose risks if not managed properly.

Cash Flow

Mikron Holding AG's cash flow statement reflects strong operating cash flow growth, leading to substantial free cash flow improvements. The free cash flow to net income ratio indicates efficient cash flow management. However, fluctuations in capital expenditures and financing cash flows suggest the need for careful capital allocation strategies.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	374.06M	370.24M	309.44M	289.45M	257.82M
Gross Profit	246.45M	238.36M	62.12M	58.60M	21.51M
EBITDA	40.68M	43.01M	35.00M	27.32M	-11.38M
Net Income	27.88M	28.79M	24.20M	17.01M	-22.07M
Balance Sheet
Total Assets	399.12M	374.21M	345.92M	300.04M	277.13M
Cash, Cash Equivalents and Short-Term Investments	123.29M	84.02M	64.23M	54.35M	40.44M
Total Debt	2.77M	3.79M	5.58M	7.71M	24.13M
Total Liabilities	172.93M	170.41M	159.90M	134.97M	131.61M
Stockholders Equity	226.19M	203.81M	186.02M	165.07M	145.52M
Cash Flow
Free Cash Flow	49.97M	1.47M	16.27M	30.00M	-6.53M
Operating Cash Flow	69.42M	10.47M	27.56M	50.35M	8.80M
Investing Cash Flow	20.31M	5.53M	-45.95M	-17.81M	-11.00M
Financing Cash Flow	-10.95M	-9.96M	-6.03M	-16.94M	2.99M

Mikron Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:MIKN, the sentiment is Positive. The current price of 16.86 is above the 20-day moving average (MA) of 16.56, above the 50-day MA of 16.57, and above the 200-day MA of 15.20, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 65.84 is Neutral, neither overbought nor oversold. The STOCH value of 69.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:MIKN.

Mikron Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MIKN	81 Outperform	CHF295.73M	9.54	14.20%	5.54%	-1.94%	6.63%
OERL	68 Neutral	CHF1.26B	19.09		5.16%	-11.92%	100.79%
Sector *	67 Neutral	CHF6.97B	25.37	14.57%	3.61%	-2.17%	-30.07%
KOMN	61 Neutral	CHF539.40M	99.21		2.84%	-16.31%	-107.34%
FTON	57 Neutral	CHF176.81M	―	-9.50%	2.83%	-15.11%	-421.52%
RIEN	52 Neutral	CHF304.60M	30.04		2.93%	-28.40%	-117.97%

Mikron Holding AG Corporate Events

Mikron Holding AG Reports Strong Profit Margin Growth in H1 2025

Mikron Holding AG reported a significant improvement in its operating profit margin for the first half of 2025, reaching 11.3% compared to 7.8% in the same period of 2024. This increase is attributed to a strategic shift in revenue distribution across its business segments and locations, reflecting the company’s strong operational performance and potential positive implications for stakeholders.

The most recent analyst rating on (CH:MIKN) stock is a Buy with a CHF30.00 price target. To see the full list of analyst forecasts on Mikron Holding AG stock, see the CH:MIKN Stock Forecast page.

Takeover Commission Issues Order on Mikron Holding Share Acquisition

The Takeover Commission has issued a declaratory order regarding the acquisition of Mikron Holding shares by Ammann Group Holding AG and their transfer to AFC Beteiligungen AG. The order clarifies that these transactions do not necessitate a public purchase offer to Mikron Holding AG’s shareholders, and stakeholders with a significant shareholding can object within five trading days.

The most recent analyst rating on (CH:MIKN) stock is a Buy with a CHF30.00 price target. To see the full list of analyst forecasts on Mikron Holding AG stock, see the CH:MIKN Stock Forecast page.