Cicor Technologies Ltd. engages in the development and manufacture of electronic components and systems worldwide.
Cicor Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CHF57.00|
|52 Week High||CHF39.20|
|52 Week Low||CHF64.60|
|1 Month Change||-3.39%|
|3 Month Change||-10.38%|
|1 Year Change||42.50%|
|3 Year Change||14.00%|
|5 Year Change||134.09%|
|Change since IPO||-87.60%|
Recent News & Updates
At CHF48.00, Is It Time To Put Cicor Technologies Ltd. (VTX:CICN) On Your Watch List?
Cicor Technologies Ltd. ( VTX:CICN ), might not be a large cap stock, but it received a lot of attention from a...
Cicor Technologies Ltd. (VTX:CICN) Is Yielding 2.1% - But Is It A Buy?
Dividend paying stocks like Cicor Technologies Ltd. ( VTX:CICN ) tend to be popular with investors, and for good reason...
|CICN||CH Electronic||CH Market|
Return vs Industry: CICN matched the Swiss Electronic industry which returned 41.6% over the past year.
Return vs Market: CICN exceeded the Swiss Market which returned 22.4% over the past year.
Stable Share Price: CICN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CICN's weekly volatility (4%) has been stable over the past year.
About the Company
Cicor Technologies Ltd. engages in the development and manufacture of electronic components and systems worldwide. The company operates in two divisions, AMS and ES. It develops and produces rigid, rigid-flexible, and flexible printed circuit boards; thin and thick-film substrates and hybrid circuits; and printed electronics.
Cicor Technologies Fundamentals Summary
|CICN fundamental statistics|
Is CICN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CICN income statement (TTM)|
|Cost of Revenue||CHF118.21m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 10, 2022
|Earnings per share (EPS)||2.64|
|Net Profit Margin||3.44%|
How did CICN perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
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 (CHF57) is trading above our estimate of fair value (CHF20.64)
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 (21.6x) compared to the Swiss Electronic industry average (27.1x).
PE vs Market: CICN is poor value based on its PE Ratio (21.6x) compared to the Swiss market (21x).
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 (2.1x) compared to the CH Electronic industry average (3.6x).
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 (-0.3%).
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 (7.3% per year) is forecast to grow faster than the Swiss market (5.1% per year).
High Growth Revenue: CICN's revenue (7.3% 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 (12.5%).
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 (3.4%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: CICN has become profitable over the past 5 years, growing earnings by 24.7% per year.
Accelerating Growth: CICN's earnings growth over the past year (22.9%) is below its 5-year average (24.7% per year).
Earnings vs Industry: CICN earnings growth over the past year (22.9%) underperformed the Electronic industry 46.6%.
Return on Equity
High ROE: CICN's Return on Equity (9.6%) is considered low.
How is Cicor Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: CICN's short term assets (CHF138.1M) exceed its short term liabilities (CHF50.5M).
Long Term Liabilities: CICN's short term assets (CHF138.1M) exceed its long term liabilities (CHF60.0M).
Debt to Equity History and Analysis
Debt Level: CICN's debt to equity ratio (67.9%) is considered high.
Reducing Debt: CICN's debt to equity ratio has reduced from 81.1% to 67.9% over the past 5 years.
Debt Coverage: CICN's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: CICN's interest payments on its debt are well covered by EBIT (110.9x 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 (1.75%) is higher than the bottom 25% of dividend payers in the Swiss market (1.38%).
High Dividend: CICN's dividend (1.75%) is low compared to the top 25% of dividend payers in the Swiss market (3.61%).
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 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38%), CICN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CICN's dividends in 3 years are forecast to be well covered by earnings (35.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alexander Hagemann (59 yo)
Mr. Alexander Hagemann has been Chief Executive Officer at Cicor Technologies Ltd. since September 01, 2016. Mr. Hagemann served as the Chief Executive Officer of Schaffner Holding AG since March 1, 2007 u...
CEO Compensation Analysis
Compensation vs Market: Alexander's total compensation ($USD830.24K) is about average for companies of similar size in the Swiss market ($USD713.17K).
Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.
Experienced Board: CICN's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
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 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: CHF165.413m
- Shares outstanding: 2.90m
- Website: https://www.cicor.com
Number of Employees
- Cicor Technologies Ltd.
- Route de l’Europe 8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:10|
|End of Day Share Price||2021/10/26 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.