View ValuationCicor Technologies 将来の成長Future 基準チェック /46Cicor Technologies利益と収益がそれぞれ年間31.5%と9.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に18.8% 31.4%なると予測されています。主要情報31.5%収益成長率31.39%EPS成長率Electronic 収益成長18.1%収益成長率9.5%将来の株主資本利益率18.76%アナリストカバレッジGood最終更新日27 Apr 2026今後の成長に関する最新情報お知らせ • Jul 26Cicor Technologies Ltd. Increases Earnings Guidance for the Year 2023Cicor Technologies Ltd. increased earnings guidance for the year 2023. For the year, the company expected from formerly CHF 360 million to CHF 400 million to now CHF 380 million to CHF 410 million. So the lower end, company has raised CHF 20 million. The upper end, company has raised CHF 10 million. Operating results expected to achieve CHF 40 million to CHF 45 million, which is an increase to the previous guidance of 10.3% of sales. Company also expect second half to be -- to deliver about the same profitability as the first half.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CHF141, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 228% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF152 per share.New Risk • Mar 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 5.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).お知らせ • Mar 25Cicor Technologies Ltd., Annual General Meeting, Apr 15, 2026Cicor Technologies Ltd., Annual General Meeting, Apr 15, 2026, at 14:00 W. Europe Standard Time.Reported Earnings • Mar 07Full year 2025 earnings releasedFull year 2025 results: Revenue: CHF616.5m (up 28% from FY 2024). Net income: CHF32.7m (up 20% from FY 2024). Profit margin: 5.3% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in the United Kingdom.New Risk • Mar 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk High level of debt (49% net debt to equity).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CHF134, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 188% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF152 per share.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CHF148, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 214% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF127 per share.Buy Or Sell Opportunity • Feb 09Now 21% overvaluedOver the last 90 days, the stock has fallen 26% to CHF139. The fair value is estimated to be CHF114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 82% in the next 2 years.お知らせ • Jan 13+ 3 more updatesCicor Technologies Ltd. to Report Q1, 2026 Results on Apr 14, 2026Cicor Technologies Ltd. announced that they will report Q1, 2026 results on Apr 14, 2026Buy Or Sell Opportunity • Jan 12Now 21% overvaluedOver the last 90 days, the stock has fallen 33% to CHF131. The fair value is estimated to be CHF108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 105% in the next 2 years.New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (6.7% average weekly change).Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CHF133, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electronic industry in the United Kingdom. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF156 per share.Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CHF184, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 331% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF165 per share.お知らせ • Oct 30Cicor Technologies Ltd. (SWX:CICN) agreed to acquire TT Electronics plc (LSE:TTG) from Aberforth Partners LLP and others for approximately £290 million.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire TT Electronics plc (LSE:TTG) from Aberforth Partners LLP and others for approximately £290 million on October 30, 2025. A cash consideration valued at £1 per share will be paid by Cicor Technologies Ltd. 0.0028 New Cicor Shares will be paid for each TT Electronics plc share. The Offer Value of 155 pence per TT Share, consisting of 100 pence per share in cash and 55 pence per share in New Cicor Shares. The cash consideration payable pursuant to the Acquisition will be financed by debt to be incurred by Cicor under the bridge Facilities Agreement pursuant to a £195 million senior term facility A available thereunder The Acquisition will be subject to approval by the requisite majorities of TT Electronics plc shareholders, sanction of the Scheme by the Court, the SIX Exchange Regulation, the Acquisition becoming Effective by no later than the Long Stop Date, receipt of certain antitrust and other regulatory approvals, including merger control approvals in Australia, Germany, Mexico, the United Kingdom and the United States, and foreign investment approvals in France, Italy, the United Kingdom and the United States. No consent, approval, waiver or resolution of the shareholders of Cicor Technologies Ltd. is required to implement the Acquisition. The deal has been unanimously approved by the board. The expected completion of the transaction is January 1, 2026 to June 30, 2026. Tommy Hadewicz and Raffael Huber of UBS Group AG acted as financial advisor for Cicor Technologies Ltd. Joe Hannon, Ben Edenharder and Anisah Mahomed of UBS AG, London Branch acted as financial advisor for Cicor Technologies Ltd. Freshfields LLP acted as legal advisor for Cicor Technologies Ltd. Baker & McKenzie acted as legal advisor for Cicor Technologies Ltd. Allen Overy Shearman Sterling LLP acted as legal advisor for TT Electronics plc. Schellenberg Wittmer acted as legal advisor for TT Electronics plc. James Dawson, Jeremy Stamper and Ruaridh Duff of Gleacher Shacklock LLP, Investment Banking Arm acted as financial advisor for TT Electronics plc. Ravi Gupta, Neil Thwaites and Matthew Price of N.M. Rothschild & Sons Limited acted as financial advisor for TT Electronics plc.Buy Or Sell Opportunity • Sep 26Now 22% undervaluedOver the last 90 days, the stock has risen 19% to CHF183. The fair value is estimated to be CHF236, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 111% in the next 2 years.Buy Or Sell Opportunity • Aug 15Now 23% undervaluedOver the last 90 days, the stock has risen 48% to CHF191. The fair value is estimated to be CHF248, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 116% in the next 2 years.お知らせ • Aug 05Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT).Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on April 4, 2025. As part of the acquisition, Cicor Technologies Ltd will acquire 100% stake in Malaga Aerospace, Defense and Electronics Systems, S.A.U. The transaction will be financed from existing credit lines. For the period ending December 31, 2024, Malaga Aerospace, Defense and Electronics Systems, S.A.U. reported total revenue of €29 million. The transaction is subject to regulatory filings and approvals in the relevant jurisdictions, including the approval by the Spanish Council of Ministers pursuant to defense foreign direct investment regulations. The transaction is is expected in the second half of 2025. Lincoln International SAS acted as financial advisor to Latécoère S.A. Baker & McKenzie SCP acted as legal advisor to Latécoère S.A. CMS Albiñana & Suárez de Lezo, S.L.P. led by Luis Miguel de Dios acted as legal advisor for Cicor Technologies Ltd. Crowe Spain led by Fernando Segú and Jaime Peiro acted as due diligence provider for Cicor Technologies Ltd. CMS Hasche Sigle Partnerschaft von Rechtsanwälten und Steuerberatern mbB led by Hendrick Hirsch acted as legal advisor for Cicor Technologies Ltd. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on August 4, 2025. following the fulfillment of all conditions precedent to the closing of the transaction, Latecoere (Paris:LAT) confirms the completion of the sale to the Cicor Group.New Risk • Jul 24New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Minor Risk High level of debt (49% net debt to equity).Reported Earnings • Jul 24First half 2025 earnings released: EPS: CHF1.94 (vs CHF2.69 in 1H 2024)First half 2025 results: EPS: CHF1.94 (down from CHF2.69 in 1H 2024). Revenue: CHF280.7m (up 21% from 1H 2024). Net income: CHF8.48m (down 29% from 1H 2024). Profit margin: 3.0% (down from 5.1% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CHF162, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 206% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CHF124 per share.Buy Or Sell Opportunity • Jun 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to CHF152. The fair value is estimated to be CHF124, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.お知らせ • Jun 04Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. on April 15, 2025. Mercury and Cicor have jointly decided to relocate production to the Cicor sites in Newport, United Kingdom, and Bronschhofen, Switzerland, within the next 18 months. As part of the agreement, Mercury will purchase boards from Cicor, as well continue to source boards from Mercury’s U.S. operations, to ensure a robust supply chain. Both parties intend to further expand the strategic business relationship in the coming years. The transaction is expected to be completed within approximately one month, subject to customary closing conditions including end customer consents. Hubertus Hillerström, Mark A. Reutter and Laura Luongo acted as legal advisors to Mercury Mission Systems International S.A. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Manufacturing operation of Mercury Mission Systems International S.A. on June 3, 2025お知らせ • Apr 16Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. on April 15, 2025. Mercury and Cicor have jointly decided to relocate production to the Cicor sites in Newport, United Kingdom, and Bronschhofen, Switzerland, within the next 18 months. As part of the agreement, Mercury will purchase boards from Cicor, as well continue to source boards from Mercury’s U.S. operations, to ensure a robust supply chain. Both parties intend to further expand the strategic business relationship in the coming years. The transaction is expected to be completed within approximately one month, subject to customary closing conditions including end customer consents.お知らせ • Apr 04Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT).Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on April 4, 2025. As part of the acquisition, Cicor Technologies Ltd will acquire 100% stake in Malaga Aerospace, Defense and Electronics Systems, S.A.U. The transaction will be financed from existing credit lines. For the period ending December 31, 2024, Malaga Aerospace, Defense and Electronics Systems, S.A.U. reported total revenue of €29 million. The transaction is subject to regulatory filings and approvals in the relevant jurisdictions, including the approval by the Spanish Council of Ministers pursuant to defense foreign direct investment regulations. The transaction is is expected in the second half of 2025. Lincoln International SAS acted as financial advisor to Latécoère S.A. Baker & McKenzie SCP acted as legal advisor to Latécoère S.A.お知らせ • Mar 26Cicor Technologies Ltd., Annual General Meeting, Apr 16, 2025Cicor Technologies Ltd., Annual General Meeting, Apr 16, 2025, at 14:00 W. Europe Standard Time.New Risk • Mar 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk High level of debt (45% net debt to equity).Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CHF83.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF107 per share.お知らせ • Mar 07Cicor Technologies Ltd. (SWX:CICN) proposed to acquire Five manufacturing sites in France and two sites in Morocco from Eolane France.Cicor Technologies Ltd. (SWX:CICN) proposed to acquire Five manufacturing sites in France and two sites in Morocco from Eolane France on March 6, 2025. On March 3, 2025, the Paris Court has opened the judicial reorganisation proceedings for Éolane France. The offers of Cicor and other bidders received have been filed with the Court. The full content of the offers will be published shortly on the website of the Paris Court registry.お知らせ • Feb 12+ 2 more updatesCicor Technologies Ltd. to Report Q1, 2025 Results on Apr 15, 2025Cicor Technologies Ltd. announced that they will report Q1, 2025 results on Apr 15, 2025お知らせ • Jan 28Cicor Eyes Certain Operations of French éolaneCicor Group (SWX:CICN) on January 22, 2025 confirmed after media reports that it has started talks with éolane, SAS France about the potential acquisition of certain businesses of the French electronic equipment maker. "There can be no assurance that these discussions will result in a transaction or other agreement,” the suitor noted in a brief press statement, adding that it would not comment any further on the matter. Eolane offers electronic manufacturer services (EMS), design, manufacturing, production and maintenance of electronic assemblies and sub-assemblies. It also has expertise in original design manufacturing and contract design manufacturing. The company is active in eight main markets -- defense, industry, telecom, railway, automotive, medical, energy and aerospace.New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk High level of debt (61% net debt to equity).お知らせ • Jan 13Cicor Technologies Ltd. to Report Fiscal Year 2024 Results on Mar 06, 2025Cicor Technologies Ltd. announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Mar 06, 2025お知らせ • Jan 06Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Profectus GmbH Electronic Solutions.Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions on December 2, 2024. Cicor will continue to operate the site in Suhl unchanged and with the existing staff. Profectus GmbH Electronic Solutions has reported sales of around €25 million in the last financial year ending September 30, 2024. The transaction is subject to the usual regulatory and other closing conditions and is expected to be completed in early 2025. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Profectus GmbH Electronic Solutions on January 06, 2025.お知らせ • Dec 13Oep 80 B.V. proposed to acquire 59% stake in Cicor Technologies Ltd. (SWX:CICN).Oep 80 B.V. proposed to acquire 59% stake in Cicor Technologies Ltd. (SWX:CICN) on December 12, 2024. The consideration consists of common equity of Oep 80 B.V. to be issued for common equity of Cicor Technologies Ltd. As part of consideration, an undisclosed value is paid towards common equity of Cicor Technologies Ltd. The transaction is subject to de-listing of company stock. Helvetische Bank AG acted as financial advisor for Oep 80 B.V.New Risk • Dec 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 34% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Shareholders have been diluted in the past year (34% increase in shares outstanding).お知らせ • Dec 03Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions.Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions on December 2, 2024. Cicor will continue to operate the site in Suhl unchanged and with the existing staff. Profectus GmbH Electronic Solutions has reported sales of around €25 million in the last financial year ending September 30, 2024. The transaction is subject to the usual regulatory and other closing conditions and is expected to be completed in early 2025.お知らせ • Nov 09Cicor Technologies Ltd. (SWX:CICN) acquired Nordic Engineering Partner Ab.Cicor Technologies Ltd. (SWX:CICN) acquired Nordic Engineering Partner Ab on November 7, 2024. For the period ending June 30, 2024, Nordic Engineering Partner Ab reported total revenue of SEK 52 million. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Nordic Engineering Partner Ab on November 7, 2024.Reported Earnings • Jul 27First half 2024 earnings released: EPS: CHF2.69 (vs CHF1.74 in 1H 2023)First half 2024 results: EPS: CHF2.69 (up from CHF1.74 in 1H 2023). Revenue: CHF231.3m (up 16% from 1H 2023). Net income: CHF11.9m (up 54% from 1H 2023). Profit margin: 5.1% (up from 3.9% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding).Board Change • Jun 13Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman of the Board Daniel Frutig was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 02Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG).Cicor Technologies Ltd. (SWX:CICN) has reached an agreement to acquire Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG) for £20.8 million on March 4, 2024. Cash consideration of £20.8 million on a cash and debt free basis, subject to normal completion account adjustments. The Transaction is expected to complete by the end of Q1 2024 subject to the completion of certain organization restructuring steps. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG) on April 2, 2024.Reported Earnings • Mar 08Full year 2023 earnings released: EPS: CHF1.37 (vs CHF1.03 in FY 2022)Full year 2023 results: EPS: CHF1.37 (up from CHF1.03 in FY 2022). Revenue: CHF389.9m (up 25% from FY 2022). Net income: CHF6.08m (up 59% from FY 2022). Profit margin: 1.6% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Feb 28Cicor Technologies Ltd acquired 100% stake in Evolution Medtec Srl.Cicor Technologies Ltd acquired 100% stake in Evolution Medtec Srl on February 28, 2024. With the acquisition of Evolution Medtec, Cicor further strengthens its engineering expertise and capacity in the strategically important medical technology market. Cicor will continue to provide first-class development services at Evolution Medtec's existing site under the leadership of the existing management team.Cicor Technologies Ltd completed the acquisition of 100% stake in Evolution Medtec Srl on February 28, 2024.Board Change • Feb 05No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.お知らせ • Jan 25Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of STS Defence Ltd from Key Technologies Ltd.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd on October 18, 2023. STS Defence generated sales of GBP 27.5 million in the fiscal year ended on June 30, 2023. Closing of the transaction is subject to regulatory approvals and other customary closing conditions, and is expected to close within 2023. The closing of the acquisition will have a positive impact on Cicor Group's EBITDA margin by approximately 0.4 percentage points. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of STS Defence Ltd from Key Technologies Ltd on January 24, 2024.お知らせ • Jan 05+ 2 more updatesCicor Technologies Ltd. to Report Fiscal Year 2023 Results on Mar 06, 2024Cicor Technologies Ltd. announced that they will report fiscal year 2023 results on Mar 06, 2024Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CHF51.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 11% over the past three years.お知らせ • Oct 19Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd on October 18, 2023. STS Defence generated sales of GBP 27.5 million in the fiscal year ended on June 30, 2023. Closing of the transaction is subject to regulatory approvals and other customary closing conditions, and is expected to close within 2023. The closing of the acquisition will have a positive impact on Cicor Group's EBITDA margin by approximately 0.4 percentage points.Board Change • Oct 05No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.New Risk • Jul 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Shares are highly illiquid.Reported Earnings • Jul 29First half 2023 earnings released: EPS: CHF1.11 (vs CHF0.23 in 1H 2022)First half 2023 results: EPS: CHF1.11 (up from CHF0.23 in 1H 2022). Revenue: CHF199.2m (up 26% from 1H 2022). Net income: CHF4.89m (up CHF4.08m from 1H 2022). Profit margin: 2.5% (up from 0.5% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Jul 26Cicor Technologies Ltd. Increases Earnings Guidance for the Year 2023Cicor Technologies Ltd. increased earnings guidance for the year 2023. For the year, the company expected from formerly CHF 360 million to CHF 400 million to now CHF 380 million to CHF 410 million. So the lower end, company has raised CHF 20 million. The upper end, company has raised CHF 10 million. Operating results expected to achieve CHF 40 million to CHF 45 million, which is an increase to the previous guidance of 10.3% of sales. Company also expect second half to be -- to deliver about the same profitability as the first half.Board Change • Jun 02No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Board Change • May 03No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Mar 06Full year 2022 earnings released: EPS: CHF1.03 (vs CHF2.57 in FY 2021)Full year 2022 results: EPS: CHF1.03 (down from CHF2.57 in FY 2021). Revenue: CHF313.2m (up 31% from FY 2021). Net income: CHF3.82m (down 49% from FY 2021). Profit margin: 1.2% (down from 3.1% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Jan 25Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG.Cicor Technologies Ltd. agreed to acquire Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG on November 15, 2022. The German sites will be integrated into the organizational unit "Cicor Germany" of the Electronic Manufacturing Services (EMS) Division. The Tunisian site will also become part of the global production network of the EMS Division. The transaction will be financed by funds from the issued mandatory convertible bond (MCB). The transaction is subject to customary closing conditions and is expected to close within the next 2 to 4 months. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG on January 23, 2023.お知らせ • Jan 19Cicor Technologies Ltd. to Report Q3, 2023 Results on Oct 16, 2023Cicor Technologies Ltd. announced that they will report Q3, 2023 results on Oct 16, 2023お知らせ • Jan 05+ 1 more updateCicor Technologies Ltd. to Report First Half, 2023 Results on Jul 25, 2023Cicor Technologies Ltd. announced that they will report first half, 2023 results on Jul 25, 2023Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Board Change • Sep 05No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Aug 13First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down CHF5.16m from profit in 1H 2021). Profit margin: (down from 4.4% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 20%, compared to a 8.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Board Change • Aug 02No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Board Change • Jul 12No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Board Change • May 17No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Board Change • Apr 28No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Mar 12Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: CHF239.0m (up 11% from FY 2020). Net income: CHF7.48m (up 79% from FY 2020). Profit margin: 3.1% (up from 1.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 12%, compared to a 7.6% growth forecast for the industry in the United Kingdom.Executive Departure • Jul 23Director Rudiger Merz has left the companyOn the 16th of July, Rudiger Merz's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rudiger's name. A total of 2 executives have left over the last 12 months.Executive Departure • Jul 23Director Rudiger Merz has left the companyOn the 16th of July, Rudiger Merz's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rudiger's name. A total of 2 executives have left over the last 12 months.Executive Departure • Apr 17Non-Executive Chairman of the Board Robert Demuth has left the companyOn the 15th of April, Robert Demuth's tenure as Non-Executive Chairman of the Board ended after less than a year in the role. As of December 2020, Robert personally held 5.12k shares (CHF239k worth at the time). Robert is the only executive to leave the company over the last 12 months.Upcoming Dividend • Apr 13Upcoming dividend of CHF1.00 per shareEligible shareholders must have bought the stock before 20 April 2021. Payment date: 22 April 2021. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (4.2%). Higher than average of industry peers (1.0%).Reported Earnings • Mar 12Full year 2020 earnings released: EPS CHF1.44 (vs CHF2.90 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CHF214.9m (down 15% from FY 2019). Net income: CHF4.17m (down 50% from FY 2019). Profit margin: 1.9% (down from 3.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 12Revenue beats expectationsRevenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 7.4%, compared to a 6.5% growth forecast for the Electronic industry in the United Kingdom.Valuation Update With 7 Day Price Move • Dec 10Market bids up stock over the past weekAfter last week's 29% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 16.9x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 36%.Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 29% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 21.9x, up from the previous P/E ratio of 17x. This compares to an average P/E of 29x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 36%.Valuation Update With 7 Day Price Move • Nov 26Market bids up stock over the past weekAfter last week's 31% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 16.6x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 28%.Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 54% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 18.5x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 25%.お知らせ • Nov 02Cicor Technologies Ltd. Announces Executive ChangesThe Board of Directors of Cicor Technologies Ltd. has the painful obligation to inform that the current Chairman Heinrich J. Essing has passed away unexpectedly. Heinrich J. Essing joined Cicor's Board of Directors in 2009 and was its Chairman since 2015. The current Vice Chairman, Robert Demuth, will take over the position as Chairman of the Board of Directors for the remaining period of office until the next ordinary General Assembly.業績と収益の成長予測LSE:0QPR - アナリストの将来予測と過去の財務データ ( )CHF Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028847504165912/31/20277854236561112/31/20267173227431112/31/2025616174963N/A9/30/2025573204963N/A6/30/2025530244964N/A3/31/2025506265569N/A12/31/2024481276175N/A9/30/2024451225165N/A6/30/2024422164254N/A3/31/2024406143447N/A12/31/2023390122639N/A9/30/2023372111628N/A6/30/202335511618N/A3/31/20233347-84N/A12/31/20223134-21-10N/A9/30/20222973-20-10N/A6/30/20222803-19-9N/A3/31/20222605-90N/A12/31/2021239719N/A9/30/20212318310N/A6/30/20212238511N/A3/31/20212196612N/A12/31/20202154714N/A9/30/20202235918N/A6/30/202023161221N/A3/31/202024271325N/A12/31/201925481429N/A9/30/20192559N/A20N/A6/30/20192579N/A12N/A3/31/20192539N/A11N/A12/31/201824810N/A10N/A9/30/20182399N/A18N/A6/30/20182319N/A26N/A3/31/20182248N/A18N/A12/31/20172177N/A9N/A9/30/20172115N/A5N/A6/30/20172063N/A0N/A3/31/20171982N/A4N/A12/31/20161890N/A7N/A9/30/2016185-2N/A9N/A6/30/2016181-5N/A11N/A3/31/2016181-5N/A10N/A12/31/2015181-4N/A8N/A9/30/20151861N/A12N/A6/30/20151925N/A17N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0QPRの予測収益成長率 (年間31.5% ) は 貯蓄率 ( 3.4% ) を上回っています。収益対市場: 0QPRの収益 ( 31.5% ) はUK市場 ( 12.2% ) よりも速いペースで成長すると予測されています。高成長収益: 0QPRの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 0QPRの収益 ( 9.5% ) UK市場 ( 4.4% ) よりも速いペースで成長すると予測されています。高い収益成長: 0QPRの収益 ( 9.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 0QPRの 自己資本利益率 は、3年後には低くなると予測されています ( 18.8 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 09:09終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cicor Technologies Ltd. 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。13 アナリスト機関Emrah BasicBaader Helvea Equity ResearchZana MamelliBaader Helvea Equity ResearchVolker BosseBaader Helvea Equity Research10 その他のアナリストを表示
お知らせ • Jul 26Cicor Technologies Ltd. Increases Earnings Guidance for the Year 2023Cicor Technologies Ltd. increased earnings guidance for the year 2023. For the year, the company expected from formerly CHF 360 million to CHF 400 million to now CHF 380 million to CHF 410 million. So the lower end, company has raised CHF 20 million. The upper end, company has raised CHF 10 million. Operating results expected to achieve CHF 40 million to CHF 45 million, which is an increase to the previous guidance of 10.3% of sales. Company also expect second half to be -- to deliver about the same profitability as the first half.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CHF141, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 228% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF152 per share.
New Risk • Mar 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 5.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).
お知らせ • Mar 25Cicor Technologies Ltd., Annual General Meeting, Apr 15, 2026Cicor Technologies Ltd., Annual General Meeting, Apr 15, 2026, at 14:00 W. Europe Standard Time.
Reported Earnings • Mar 07Full year 2025 earnings releasedFull year 2025 results: Revenue: CHF616.5m (up 28% from FY 2024). Net income: CHF32.7m (up 20% from FY 2024). Profit margin: 5.3% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in the United Kingdom.
New Risk • Mar 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk High level of debt (49% net debt to equity).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CHF134, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 188% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF152 per share.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CHF148, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 214% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF127 per share.
Buy Or Sell Opportunity • Feb 09Now 21% overvaluedOver the last 90 days, the stock has fallen 26% to CHF139. The fair value is estimated to be CHF114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 82% in the next 2 years.
お知らせ • Jan 13+ 3 more updatesCicor Technologies Ltd. to Report Q1, 2026 Results on Apr 14, 2026Cicor Technologies Ltd. announced that they will report Q1, 2026 results on Apr 14, 2026
Buy Or Sell Opportunity • Jan 12Now 21% overvaluedOver the last 90 days, the stock has fallen 33% to CHF131. The fair value is estimated to be CHF108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 105% in the next 2 years.
New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (6.7% average weekly change).
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CHF133, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electronic industry in the United Kingdom. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF156 per share.
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CHF184, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 331% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF165 per share.
お知らせ • Oct 30Cicor Technologies Ltd. (SWX:CICN) agreed to acquire TT Electronics plc (LSE:TTG) from Aberforth Partners LLP and others for approximately £290 million.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire TT Electronics plc (LSE:TTG) from Aberforth Partners LLP and others for approximately £290 million on October 30, 2025. A cash consideration valued at £1 per share will be paid by Cicor Technologies Ltd. 0.0028 New Cicor Shares will be paid for each TT Electronics plc share. The Offer Value of 155 pence per TT Share, consisting of 100 pence per share in cash and 55 pence per share in New Cicor Shares. The cash consideration payable pursuant to the Acquisition will be financed by debt to be incurred by Cicor under the bridge Facilities Agreement pursuant to a £195 million senior term facility A available thereunder The Acquisition will be subject to approval by the requisite majorities of TT Electronics plc shareholders, sanction of the Scheme by the Court, the SIX Exchange Regulation, the Acquisition becoming Effective by no later than the Long Stop Date, receipt of certain antitrust and other regulatory approvals, including merger control approvals in Australia, Germany, Mexico, the United Kingdom and the United States, and foreign investment approvals in France, Italy, the United Kingdom and the United States. No consent, approval, waiver or resolution of the shareholders of Cicor Technologies Ltd. is required to implement the Acquisition. The deal has been unanimously approved by the board. The expected completion of the transaction is January 1, 2026 to June 30, 2026. Tommy Hadewicz and Raffael Huber of UBS Group AG acted as financial advisor for Cicor Technologies Ltd. Joe Hannon, Ben Edenharder and Anisah Mahomed of UBS AG, London Branch acted as financial advisor for Cicor Technologies Ltd. Freshfields LLP acted as legal advisor for Cicor Technologies Ltd. Baker & McKenzie acted as legal advisor for Cicor Technologies Ltd. Allen Overy Shearman Sterling LLP acted as legal advisor for TT Electronics plc. Schellenberg Wittmer acted as legal advisor for TT Electronics plc. James Dawson, Jeremy Stamper and Ruaridh Duff of Gleacher Shacklock LLP, Investment Banking Arm acted as financial advisor for TT Electronics plc. Ravi Gupta, Neil Thwaites and Matthew Price of N.M. Rothschild & Sons Limited acted as financial advisor for TT Electronics plc.
Buy Or Sell Opportunity • Sep 26Now 22% undervaluedOver the last 90 days, the stock has risen 19% to CHF183. The fair value is estimated to be CHF236, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 111% in the next 2 years.
Buy Or Sell Opportunity • Aug 15Now 23% undervaluedOver the last 90 days, the stock has risen 48% to CHF191. The fair value is estimated to be CHF248, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 116% in the next 2 years.
お知らせ • Aug 05Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT).Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on April 4, 2025. As part of the acquisition, Cicor Technologies Ltd will acquire 100% stake in Malaga Aerospace, Defense and Electronics Systems, S.A.U. The transaction will be financed from existing credit lines. For the period ending December 31, 2024, Malaga Aerospace, Defense and Electronics Systems, S.A.U. reported total revenue of €29 million. The transaction is subject to regulatory filings and approvals in the relevant jurisdictions, including the approval by the Spanish Council of Ministers pursuant to defense foreign direct investment regulations. The transaction is is expected in the second half of 2025. Lincoln International SAS acted as financial advisor to Latécoère S.A. Baker & McKenzie SCP acted as legal advisor to Latécoère S.A. CMS Albiñana & Suárez de Lezo, S.L.P. led by Luis Miguel de Dios acted as legal advisor for Cicor Technologies Ltd. Crowe Spain led by Fernando Segú and Jaime Peiro acted as due diligence provider for Cicor Technologies Ltd. CMS Hasche Sigle Partnerschaft von Rechtsanwälten und Steuerberatern mbB led by Hendrick Hirsch acted as legal advisor for Cicor Technologies Ltd. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on August 4, 2025. following the fulfillment of all conditions precedent to the closing of the transaction, Latecoere (Paris:LAT) confirms the completion of the sale to the Cicor Group.
New Risk • Jul 24New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Minor Risk High level of debt (49% net debt to equity).
Reported Earnings • Jul 24First half 2025 earnings released: EPS: CHF1.94 (vs CHF2.69 in 1H 2024)First half 2025 results: EPS: CHF1.94 (down from CHF2.69 in 1H 2024). Revenue: CHF280.7m (up 21% from 1H 2024). Net income: CHF8.48m (down 29% from 1H 2024). Profit margin: 3.0% (down from 5.1% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CHF162, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 206% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CHF124 per share.
Buy Or Sell Opportunity • Jun 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to CHF152. The fair value is estimated to be CHF124, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
お知らせ • Jun 04Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. on April 15, 2025. Mercury and Cicor have jointly decided to relocate production to the Cicor sites in Newport, United Kingdom, and Bronschhofen, Switzerland, within the next 18 months. As part of the agreement, Mercury will purchase boards from Cicor, as well continue to source boards from Mercury’s U.S. operations, to ensure a robust supply chain. Both parties intend to further expand the strategic business relationship in the coming years. The transaction is expected to be completed within approximately one month, subject to customary closing conditions including end customer consents. Hubertus Hillerström, Mark A. Reutter and Laura Luongo acted as legal advisors to Mercury Mission Systems International S.A. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Manufacturing operation of Mercury Mission Systems International S.A. on June 3, 2025
お知らせ • Apr 16Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. on April 15, 2025. Mercury and Cicor have jointly decided to relocate production to the Cicor sites in Newport, United Kingdom, and Bronschhofen, Switzerland, within the next 18 months. As part of the agreement, Mercury will purchase boards from Cicor, as well continue to source boards from Mercury’s U.S. operations, to ensure a robust supply chain. Both parties intend to further expand the strategic business relationship in the coming years. The transaction is expected to be completed within approximately one month, subject to customary closing conditions including end customer consents.
お知らせ • Apr 04Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT).Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on April 4, 2025. As part of the acquisition, Cicor Technologies Ltd will acquire 100% stake in Malaga Aerospace, Defense and Electronics Systems, S.A.U. The transaction will be financed from existing credit lines. For the period ending December 31, 2024, Malaga Aerospace, Defense and Electronics Systems, S.A.U. reported total revenue of €29 million. The transaction is subject to regulatory filings and approvals in the relevant jurisdictions, including the approval by the Spanish Council of Ministers pursuant to defense foreign direct investment regulations. The transaction is is expected in the second half of 2025. Lincoln International SAS acted as financial advisor to Latécoère S.A. Baker & McKenzie SCP acted as legal advisor to Latécoère S.A.
お知らせ • Mar 26Cicor Technologies Ltd., Annual General Meeting, Apr 16, 2025Cicor Technologies Ltd., Annual General Meeting, Apr 16, 2025, at 14:00 W. Europe Standard Time.
New Risk • Mar 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk High level of debt (45% net debt to equity).
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CHF83.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF107 per share.
お知らせ • Mar 07Cicor Technologies Ltd. (SWX:CICN) proposed to acquire Five manufacturing sites in France and two sites in Morocco from Eolane France.Cicor Technologies Ltd. (SWX:CICN) proposed to acquire Five manufacturing sites in France and two sites in Morocco from Eolane France on March 6, 2025. On March 3, 2025, the Paris Court has opened the judicial reorganisation proceedings for Éolane France. The offers of Cicor and other bidders received have been filed with the Court. The full content of the offers will be published shortly on the website of the Paris Court registry.
お知らせ • Feb 12+ 2 more updatesCicor Technologies Ltd. to Report Q1, 2025 Results on Apr 15, 2025Cicor Technologies Ltd. announced that they will report Q1, 2025 results on Apr 15, 2025
お知らせ • Jan 28Cicor Eyes Certain Operations of French éolaneCicor Group (SWX:CICN) on January 22, 2025 confirmed after media reports that it has started talks with éolane, SAS France about the potential acquisition of certain businesses of the French electronic equipment maker. "There can be no assurance that these discussions will result in a transaction or other agreement,” the suitor noted in a brief press statement, adding that it would not comment any further on the matter. Eolane offers electronic manufacturer services (EMS), design, manufacturing, production and maintenance of electronic assemblies and sub-assemblies. It also has expertise in original design manufacturing and contract design manufacturing. The company is active in eight main markets -- defense, industry, telecom, railway, automotive, medical, energy and aerospace.
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk High level of debt (61% net debt to equity).
お知らせ • Jan 13Cicor Technologies Ltd. to Report Fiscal Year 2024 Results on Mar 06, 2025Cicor Technologies Ltd. announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Mar 06, 2025
お知らせ • Jan 06Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Profectus GmbH Electronic Solutions.Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions on December 2, 2024. Cicor will continue to operate the site in Suhl unchanged and with the existing staff. Profectus GmbH Electronic Solutions has reported sales of around €25 million in the last financial year ending September 30, 2024. The transaction is subject to the usual regulatory and other closing conditions and is expected to be completed in early 2025. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Profectus GmbH Electronic Solutions on January 06, 2025.
お知らせ • Dec 13Oep 80 B.V. proposed to acquire 59% stake in Cicor Technologies Ltd. (SWX:CICN).Oep 80 B.V. proposed to acquire 59% stake in Cicor Technologies Ltd. (SWX:CICN) on December 12, 2024. The consideration consists of common equity of Oep 80 B.V. to be issued for common equity of Cicor Technologies Ltd. As part of consideration, an undisclosed value is paid towards common equity of Cicor Technologies Ltd. The transaction is subject to de-listing of company stock. Helvetische Bank AG acted as financial advisor for Oep 80 B.V.
New Risk • Dec 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 34% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Shareholders have been diluted in the past year (34% increase in shares outstanding).
お知らせ • Dec 03Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions.Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions on December 2, 2024. Cicor will continue to operate the site in Suhl unchanged and with the existing staff. Profectus GmbH Electronic Solutions has reported sales of around €25 million in the last financial year ending September 30, 2024. The transaction is subject to the usual regulatory and other closing conditions and is expected to be completed in early 2025.
お知らせ • Nov 09Cicor Technologies Ltd. (SWX:CICN) acquired Nordic Engineering Partner Ab.Cicor Technologies Ltd. (SWX:CICN) acquired Nordic Engineering Partner Ab on November 7, 2024. For the period ending June 30, 2024, Nordic Engineering Partner Ab reported total revenue of SEK 52 million. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Nordic Engineering Partner Ab on November 7, 2024.
Reported Earnings • Jul 27First half 2024 earnings released: EPS: CHF2.69 (vs CHF1.74 in 1H 2023)First half 2024 results: EPS: CHF2.69 (up from CHF1.74 in 1H 2023). Revenue: CHF231.3m (up 16% from 1H 2023). Net income: CHF11.9m (up 54% from 1H 2023). Profit margin: 5.1% (up from 3.9% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
Board Change • Jun 13Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman of the Board Daniel Frutig was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 02Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG).Cicor Technologies Ltd. (SWX:CICN) has reached an agreement to acquire Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG) for £20.8 million on March 4, 2024. Cash consideration of £20.8 million on a cash and debt free basis, subject to normal completion account adjustments. The Transaction is expected to complete by the end of Q1 2024 subject to the completion of certain organization restructuring steps. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG) on April 2, 2024.
Reported Earnings • Mar 08Full year 2023 earnings released: EPS: CHF1.37 (vs CHF1.03 in FY 2022)Full year 2023 results: EPS: CHF1.37 (up from CHF1.03 in FY 2022). Revenue: CHF389.9m (up 25% from FY 2022). Net income: CHF6.08m (up 59% from FY 2022). Profit margin: 1.6% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 28Cicor Technologies Ltd acquired 100% stake in Evolution Medtec Srl.Cicor Technologies Ltd acquired 100% stake in Evolution Medtec Srl on February 28, 2024. With the acquisition of Evolution Medtec, Cicor further strengthens its engineering expertise and capacity in the strategically important medical technology market. Cicor will continue to provide first-class development services at Evolution Medtec's existing site under the leadership of the existing management team.Cicor Technologies Ltd completed the acquisition of 100% stake in Evolution Medtec Srl on February 28, 2024.
Board Change • Feb 05No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
お知らせ • Jan 25Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of STS Defence Ltd from Key Technologies Ltd.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd on October 18, 2023. STS Defence generated sales of GBP 27.5 million in the fiscal year ended on June 30, 2023. Closing of the transaction is subject to regulatory approvals and other customary closing conditions, and is expected to close within 2023. The closing of the acquisition will have a positive impact on Cicor Group's EBITDA margin by approximately 0.4 percentage points. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of STS Defence Ltd from Key Technologies Ltd on January 24, 2024.
お知らせ • Jan 05+ 2 more updatesCicor Technologies Ltd. to Report Fiscal Year 2023 Results on Mar 06, 2024Cicor Technologies Ltd. announced that they will report fiscal year 2023 results on Mar 06, 2024
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CHF51.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 11% over the past three years.
お知らせ • Oct 19Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd.Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd on October 18, 2023. STS Defence generated sales of GBP 27.5 million in the fiscal year ended on June 30, 2023. Closing of the transaction is subject to regulatory approvals and other customary closing conditions, and is expected to close within 2023. The closing of the acquisition will have a positive impact on Cicor Group's EBITDA margin by approximately 0.4 percentage points.
Board Change • Oct 05No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
New Risk • Jul 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Shares are highly illiquid.
Reported Earnings • Jul 29First half 2023 earnings released: EPS: CHF1.11 (vs CHF0.23 in 1H 2022)First half 2023 results: EPS: CHF1.11 (up from CHF0.23 in 1H 2022). Revenue: CHF199.2m (up 26% from 1H 2022). Net income: CHF4.89m (up CHF4.08m from 1H 2022). Profit margin: 2.5% (up from 0.5% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Jul 26Cicor Technologies Ltd. Increases Earnings Guidance for the Year 2023Cicor Technologies Ltd. increased earnings guidance for the year 2023. For the year, the company expected from formerly CHF 360 million to CHF 400 million to now CHF 380 million to CHF 410 million. So the lower end, company has raised CHF 20 million. The upper end, company has raised CHF 10 million. Operating results expected to achieve CHF 40 million to CHF 45 million, which is an increase to the previous guidance of 10.3% of sales. Company also expect second half to be -- to deliver about the same profitability as the first half.
Board Change • Jun 02No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Board Change • May 03No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Mar 06Full year 2022 earnings released: EPS: CHF1.03 (vs CHF2.57 in FY 2021)Full year 2022 results: EPS: CHF1.03 (down from CHF2.57 in FY 2021). Revenue: CHF313.2m (up 31% from FY 2021). Net income: CHF3.82m (down 49% from FY 2021). Profit margin: 1.2% (down from 3.1% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Jan 25Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG.Cicor Technologies Ltd. agreed to acquire Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG on November 15, 2022. The German sites will be integrated into the organizational unit "Cicor Germany" of the Electronic Manufacturing Services (EMS) Division. The Tunisian site will also become part of the global production network of the EMS Division. The transaction will be financed by funds from the issued mandatory convertible bond (MCB). The transaction is subject to customary closing conditions and is expected to close within the next 2 to 4 months. Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG on January 23, 2023.
お知らせ • Jan 19Cicor Technologies Ltd. to Report Q3, 2023 Results on Oct 16, 2023Cicor Technologies Ltd. announced that they will report Q3, 2023 results on Oct 16, 2023
お知らせ • Jan 05+ 1 more updateCicor Technologies Ltd. to Report First Half, 2023 Results on Jul 25, 2023Cicor Technologies Ltd. announced that they will report first half, 2023 results on Jul 25, 2023
Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Board Change • Sep 05No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Aug 13First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down CHF5.16m from profit in 1H 2021). Profit margin: (down from 4.4% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 20%, compared to a 8.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Board Change • Aug 02No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Board Change • Jul 12No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Board Change • May 17No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Board Change • Apr 28No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Mar 12Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: CHF239.0m (up 11% from FY 2020). Net income: CHF7.48m (up 79% from FY 2020). Profit margin: 3.1% (up from 1.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 12%, compared to a 7.6% growth forecast for the industry in the United Kingdom.
Executive Departure • Jul 23Director Rudiger Merz has left the companyOn the 16th of July, Rudiger Merz's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rudiger's name. A total of 2 executives have left over the last 12 months.
Executive Departure • Jul 23Director Rudiger Merz has left the companyOn the 16th of July, Rudiger Merz's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rudiger's name. A total of 2 executives have left over the last 12 months.
Executive Departure • Apr 17Non-Executive Chairman of the Board Robert Demuth has left the companyOn the 15th of April, Robert Demuth's tenure as Non-Executive Chairman of the Board ended after less than a year in the role. As of December 2020, Robert personally held 5.12k shares (CHF239k worth at the time). Robert is the only executive to leave the company over the last 12 months.
Upcoming Dividend • Apr 13Upcoming dividend of CHF1.00 per shareEligible shareholders must have bought the stock before 20 April 2021. Payment date: 22 April 2021. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (4.2%). Higher than average of industry peers (1.0%).
Reported Earnings • Mar 12Full year 2020 earnings released: EPS CHF1.44 (vs CHF2.90 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CHF214.9m (down 15% from FY 2019). Net income: CHF4.17m (down 50% from FY 2019). Profit margin: 1.9% (down from 3.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 12Revenue beats expectationsRevenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 7.4%, compared to a 6.5% growth forecast for the Electronic industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Dec 10Market bids up stock over the past weekAfter last week's 29% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 16.9x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 36%.
Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 29% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 21.9x, up from the previous P/E ratio of 17x. This compares to an average P/E of 29x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 36%.
Valuation Update With 7 Day Price Move • Nov 26Market bids up stock over the past weekAfter last week's 31% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 16.6x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 28%.
Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 54% share price gain to CHF61.00, the stock is trading at a trailing P/E ratio of 18.5x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 25%.
お知らせ • Nov 02Cicor Technologies Ltd. Announces Executive ChangesThe Board of Directors of Cicor Technologies Ltd. has the painful obligation to inform that the current Chairman Heinrich J. Essing has passed away unexpectedly. Heinrich J. Essing joined Cicor's Board of Directors in 2009 and was its Chairman since 2015. The current Vice Chairman, Robert Demuth, will take over the position as Chairman of the Board of Directors for the remaining period of office until the next ordinary General Assembly.