Mycronic AB (publ)
MYCR
Rank in Stocks
#2998
Mycronic AB (publ), based in Täby, Sweden, is a global entity dedicated to the... Mycronic AB (publ), based in Täby, Sweden, is a global entity dedicated to the creation, production, and sale of advanced manufacturing machinery for the electronics sector. The company operates extensively across Sweden, wider Europe, North and South America, and significant parts of Asia, including China and South Korea. Its comprehensive business is divided into four main divisions: Pattern Generators, High Flex, High Volume, and Global Technologies. The Pattern Generators division specializes in developing and manufacturing high-precision mask writers and measurement devices. These instruments are essential for producing sophisticated photomasks, which are critical components for screens found in televisions, cars, mobile phones, tablets, and computers, as well as for semiconductor fabrication. Within the High Flex segment, Mycronic provides surface mount technology (SMT) and inspection systems engineered for the assembly of flexible printed circuit boards (PCBs). Its offerings include the MYPro Line, which integrates cutting-edge jet printing, dispensing, pick-and-place capabilities, advanced process control, and 3D inspection. This segment also delivers MYTower material handling systems and MYSmart dispensing and coating solutions. The High Volume division focuses on delivering equipment for dispensing and conformal coating of circuit boards for mass production. These systems are utilized by manufacturers of mobile phones, tablets, computers, and electronic systems for electric vehicles. Additionally, this segment supplies automated screen printers. The Global Technologies segment offers specialized services like die-bonding for microelectronics and optoelectronic applications. It also provides advanced electrical measurement solutions for bare board PCBs and substrates, including flying probe test systems for complex, lower-to-mid volume boards, and grid test systems for high-volume bare board verification. Mycronic's products reach customers worldwide via a network of agents and distributors, serving a diverse range of industries such as industrial, aerospace, defense, automotive, energy, medical, and telecommunications. The company rebranded from Micronic Mydata AB (publ) to Mycronic AB (publ) in June 2014.
Share Price
$30.76
Market Cap
$6.01B
Change (1 day)
3.19%
Change (1 year)
46.28%
Country
SE
Trade Mycronic AB (publ) (MYCR)
Category
Industrials
P/E ratio for Mycronic AB (publ) (MYCR)
P/E ratio as of October 2026 TTM: 34.29
According to Mycronic AB (publ) latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.29. At the end of 2024 the company had a P/E ratio of 11.58.
P/E ratio history for Mycronic AB (publ) from 2002 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 34.29 | 22.71% |
| 2025 | 27.94 | 141.29% |
| 2024 | 11.58 | -17.64% |
| 2023 | 14.06 | 9.05% |
| 2022 | 12.89 | 3.64% |
| 2021 | 12.44 | -28.00% |
| 2020 | 17.28 | 63.08% |
| 2019 | 10.60 | 44.82% |
| 2018 | 7.32 | 6.41% |
| 2017 | 6.88 | -24.57% |
| 2016 | 9.12 | 0.16% |
| 2015 | 9.10 | 99.58% |
| 2014 | 4.56 | -89.67% |
| 2013 | 44.17 | -475.66% |
| 2012 | -11.76 | 82.96% |
| 2011 | -6.43 | -132.35% |
| 2010 | 19.87 | -866.28% |
| 2009 | -2.59 | -169.97% |
| 2008 | 3.71 | -216.87% |
| 2007 | -3.17 | -119.86% |
| 2006 | 15.97 | -14.89% |
| 2005 | 18.76 | 57.63% |
| 2004 | 11.90 | -259.27% |
| 2003 | -7.47 | 70.79% |
| 2002 | -4.38 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 35.44 | 3.36% |
US
|
|
| 24.92 | -27.31% |
DE
|
|
| - | - |
FR
|
|
| 40.86 | 19.17% |
DE
|
|
| 30.90 | -9.87% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.