Mikron Holding AG (MIKN) AI Stock Analysis

• Market Cap: CHF343.87M
• Dividend Yield: 2.43%
• Average Volume (3M): 9.26K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 0.58
• Revenue Growth: -1.94%
• EPS Growth: 6.63%
• Country: CH
• Employees: 1,588
• Sector: General
• Sector Strength: N/A
• Industry: Industrial - Machinery
• EPS (TTM): 1.10
• Shares Outstanding: 16,712,744
• 10 Day Avg. Volume: 6,289
• 30 Day Avg. Volume: 9,263
• PEG Ratio: -2.97
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.64
• P/FCF Ratio: 4.79
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: CHF20.00 ▼(-4.31% Downside)

Mikron Holding AG's overall stock score is driven by its strong financial performance and reasonable valuation, which are offset by bearish technical indicators. The company's robust revenue growth and profitability are key strengths, while the current market momentum suggests caution. The absence of recent earnings call insights and corporate events limits additional context.

Positive Factors

Revenue Growth

The consistent increase in revenue over the years highlights Mikron's ability to expand its market presence and adapt to industry demands, ensuring long-term growth potential.

Profitability Margins

Improved profitability margins indicate effective cost management and pricing strategies, enhancing the company's competitive edge and financial sustainability.

Cash Flow Generation

Robust cash flow generation supports Mikron's ability to reinvest in growth opportunities, maintain financial flexibility, and provide shareholder returns.

Negative Factors

Increased Liabilities

Rising liabilities may strain the company's balance sheet, potentially affecting its ability to finance operations and invest in growth without increasing financial risk.

Capital Expenditure Volatility

Volatile capital expenditures can lead to inconsistent investment in growth initiatives, impacting long-term strategic planning and operational efficiency.

Revenue Growth Challenges

A negative revenue growth rate indicates potential challenges in maintaining sales momentum, which could affect future profitability and market competitiveness.

Mikron Holding AG Business Overview & Revenue Model

Company Description

Mikron Holding AG develops, produces, and markets automation and machining systems for precise and productive manufacturing processes worldwide. The company operates in two segments, Mikron Automation and Mikron Machining Solutions. The Mikron Automation segment manufactures scalable and customized assembly systems. Its solutions include automation assembly and testing systems; feeding systems; and spare parts, technical support, improvement, training, and partner support services. This segment serves the pharma/medtech, automotive, electric/electronics, and consumer goods markets. The Mikron Machining Solutions segment supplies machining systems for the manufacture of high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. It offers productive systems, writing industry equipment, and pre-machining equipment; and support services. This segment also develops and produces high-performance cutting tools. It serves the automotive, electric/electronics, writing, consumer goods, hydraulic/pneumatic, pharma/medtech, industrial/building, and others markets. Mikron Holding AG was founded in 1908 and is based in Biel, Switzerland.

How the Company Makes Money

Mikron Holding AG generates revenue through the sale of its machining and automation solutions, which include both products and services. Key revenue streams come from the direct sale of machinery and equipment, as well as from service contracts that provide ongoing maintenance and support. Additionally, the company benefits from custom engineering services that cater to specific client needs, which often result in higher-margin projects. Significant partnerships with manufacturers in various industries enhance its market reach and provide access to new customer segments. Factors contributing to its earnings include technological advancements and continuous innovation in manufacturing processes, as well as a solid reputation for quality and reliability in its offerings.

Mikron Holding AG Financial Statement Overview

Summary

Mikron Holding AG shows strong financial health with robust revenue and profit growth, efficient equity use, and solid cash flow generation. Key strengths include improved profitability margins and low leverage, though increased liabilities and capital expenditure volatility pose potential risks.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	375.23M	374.06M	370.24M	309.44M	289.45M	257.82M
Gross Profit	252.69M	246.45M	238.36M	62.12M	58.60M	21.51M
EBITDA	47.66M	40.68M	43.01M	35.00M	27.32M	-11.38M
Net Income	31.55M	27.88M	28.79M	24.20M	17.01M	-22.07M
Balance Sheet
Total Assets	391.69M	399.12M	374.21M	345.92M	300.04M	277.13M
Cash, Cash Equivalents and Short-Term Investments	105.77M	123.29M	84.02M	64.23M	54.35M	40.44M
Total Debt	2.78M	2.77M	3.79M	5.58M	7.71M	24.13M
Total Liabilities	160.97M	172.93M	170.41M	159.90M	134.97M	131.61M
Stockholders Equity	230.72M	226.19M	203.81M	186.02M	165.07M	145.52M
Cash Flow
Free Cash Flow	25.54M	49.97M	1.47M	16.27M	30.00M	-6.53M
Operating Cash Flow	50.94M	69.42M	10.47M	27.56M	50.35M	8.80M
Investing Cash Flow	-41.67M	20.31M	5.53M	-45.95M	-17.81M	-11.00M
Financing Cash Flow	-10.40M	-10.95M	-9.96M	-6.03M	-16.94M	2.51M

Mikron Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.90
• 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 20.9 is above the 20-day moving average (MA) of 20.71, above the 50-day MA of 20.33, and above the 200-day MA of 18.13, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 53.78 is Neutral, neither overbought nor oversold. The STOCH value of 63.76 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	67 Neutral	CHF343.87M	11.09	14.20%	2.43%	-1.94%	6.63%
FTON	56 Neutral	CHF162.08M	-3.48	-9.74%	―	-15.70%	-670.93%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
STGN	54 Neutral	CHF168.52M	-44.74	―	3.45%	-1.46%	-115.85%
KOMN	49 Neutral	CHF329.69M	-31.54	―	―	-13.64%	-281.19%
RIEN	45 Neutral	CHF442.56M	-11.27	―	7.53%	-28.40%	-117.97%