Cicor Technologies Ltd. develops and manufactures electronic and plastic components worldwide. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Cicor Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CICN is more volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CICN's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Swiss stocks.
7 Day Return
1 Year Return
Return vs Industry: CICN underperformed the Swiss Electronic industry which returned 10.2% over the past year.
Return vs Market: CICN underperformed the Swiss Market which returned 1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cicor Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StCicor Technologies (VTX:CICN) Has A Somewhat Strained Balance Sheet
2 weeks ago | Simply Wall StCicor Technologies Ltd.'s (VTX:CICN) Stock Is Going Strong: Is the Market Following Fundamentals?
4 weeks ago | Simply Wall StIs Now An Opportune Moment To Examine Cicor Technologies Ltd. (VTX:CICN)?
Is Cicor Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CICN (CHF46.2) is trading above our estimate of fair value (CHF18.04)
Significantly Below Fair Value: CICN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CICN is good value based on its PE Ratio (21.4x) compared to the CH Electronic industry average (31.2x).
PE vs Market: CICN is good value based on its PE Ratio (21.4x) compared to the Swiss market (22.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CICN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CICN is good value based on its PB Ratio (1.8x) compared to the CH Electronic industry average (3.2x).
How is Cicor Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CICN's forecast earnings growth is above the savings rate (-0.2%).
Earnings vs Market: Insufficient data to determine if CICN's earnings are forecast to grow faster than the Swiss market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CICN's revenue (3.5% per year) is forecast to grow slower than the Swiss market (4.7% per year).
High Growth Revenue: CICN's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CICN's Return on Equity is forecast to be low in 3 years time (10.2%).
How has Cicor Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CICN has high quality earnings.
Growing Profit Margin: CICN's current net profit margins (2.7%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: CICN's earnings have grown significantly by 42.7% per year over the past 5 years.
Accelerating Growth: CICN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CICN had negative earnings growth (-29.1%) over the past year, making it difficult to compare to the Electronic industry average (-7.9%).
Return on Equity
High ROE: CICN's Return on Equity (8.4%) is considered low.
How is Cicor Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: CICN's short term assets (CHF127.9M) exceed its short term liabilities (CHF49.5M).
Long Term Liabilities: CICN's short term assets (CHF127.9M) exceed its long term liabilities (CHF60.0M).
Debt to Equity History and Analysis
Debt Level: CICN's debt to equity ratio (77.7%) is considered high.
Reducing Debt: CICN's debt to equity ratio has reduced from 78.7% to 77.7% over the past 5 years.
Debt Coverage: CICN's debt is well covered by operating cash flow (37.3%).
Interest Coverage: CICN's interest payments on its debt are well covered by EBIT (30x coverage).
What is Cicor Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CICN's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Swiss market (1.88%).
High Dividend: CICN's dividend (3.25%) is low compared to the top 25% of dividend payers in the Swiss market (3.69%).
Stability and Growth of Payments
Stable Dividend: CICN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CICN's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.5%), CICN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CICN's dividends in 3 years are forecast to be well covered by earnings (35.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Alexander Hagemann (58 yo)
Mr. Alexander Hagemann has been Chief Executive Officer at Cicor Technologies Ltd. since September 2016. Mr. Hagemann served as the Chief Executive Officer of Schaffner Holding AG since March 1, 2007 until...
CEO Compensation Analysis
Compensation vs Market: Alexander's total compensation ($USD1.02M) is above average for companies of similar size in the Swiss market ($USD482.89K).
Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cicor Technologies Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Cicor Technologies Ltd.
- Ticker: CICN
- Exchange: SWX
- Founded: 1966
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: CHF132.374m
- Shares outstanding: 2.90m
- Website: https://www.cicor.com
Number of Employees
- Cicor Technologies Ltd.
- Route de l’Europe 8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CICN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Apr 1998|
|CRLN||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Apr 1998|
|0QPR||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Apr 1998|
Cicor Technologies Ltd. develops and manufactures electronic and plastic components worldwide. The company operates in two divisions, AMS and ES. It manufactures and processes rigid, flexible, and rigid-fl...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/23 22:02|
|End of Day Share Price||2020/11/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.