Cicor Technologies Ltd.

SWX:CICN Stock Report

Market Cap: CHF 183.5m

Cicor Technologies Valuation

Is CICN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CICN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CICN (CHF56.8) is trading below our estimate of fair value (CHF142.93)

Significantly Below Fair Value: CICN is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CICN?

Key metric: As CICN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CICN. This is calculated by dividing CICN's market cap by their current earnings.
What is CICN's PE Ratio?
PE Ratio17.8x
EarningsCHF 10.25m
Market CapCHF 183.47m

Price to Earnings Ratio vs Peers

How does CICN's PE Ratio compare to its peers?

The above table shows the PE ratio for CICN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.9x
DCN Datacolor
12.5xn/aCHF 120.6m
ELMN Elma Electronic
26.5xn/aCHF 237.6m
SAHN Schaffner Holding
15.6xn/aCHF 312.9m
LEHN LEM Holding
28.9x36.9%CHF 912.3m
CICN Cicor Technologies
17.8x28.3%CHF 183.5m

Price-To-Earnings vs Peers: CICN is good value based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (20.9x).

Price to Earnings Ratio vs Industry

How does CICN's PE Ratio compare vs other companies in the European Electronic Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CICN 17.8xIndustry Avg. 17.7xNo. of Companies18PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CICN is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the European Electronic industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is CICN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CICN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.8x
Fair PE Ratio21.8x

Price-To-Earnings vs Fair Ratio: CICN is good value based on its Price-To-Earnings Ratio (17.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CICN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 56.80
CHF 79.35
+39.7%
6.6%CHF 85.90CHF 73.00n/a4
Nov ’25CHF 52.60
CHF 78.23
+48.7%
7.9%CHF 85.90CHF 70.00n/a4
Oct ’25CHF 52.40
CHF 78.23
+49.3%
7.9%CHF 85.90CHF 70.00n/a4
Sep ’25CHF 51.20
CHF 78.23
+52.8%
7.9%CHF 85.90CHF 70.00n/a4
Aug ’25CHF 52.80
CHF 71.15
+34.8%
12.5%CHF 82.00CHF 57.60n/a4
Jul ’25CHF 52.20
CHF 69.40
+33.0%
11.4%CHF 80.00CHF 57.60n/a4
Jun ’25CHF 50.60
CHF 69.40
+37.2%
11.4%CHF 80.00CHF 57.60n/a4
May ’25CHF 50.20
CHF 69.63
+38.7%
10.9%CHF 80.00CHF 58.50n/a4
Apr ’25CHF 51.40
CHF 69.63
+35.5%
10.9%CHF 80.00CHF 58.50n/a4
Mar ’25CHF 51.40
CHF 67.63
+31.6%
10.2%CHF 78.00CHF 58.50n/a4
Feb ’25CHF 50.40
CHF 67.63
+34.2%
10.2%CHF 78.00CHF 58.50n/a4
Jan ’25CHF 49.80
CHF 67.63
+35.8%
10.2%CHF 78.00CHF 58.50n/a4
Dec ’24CHF 47.10
CHF 63.63
+35.1%
7.8%CHF 70.00CHF 58.50n/a4
Nov ’24CHF 43.70
CHF 63.63
+45.6%
7.8%CHF 70.00CHF 58.50CHF 52.604
Oct ’24CHF 45.00
CHF 62.00
+37.8%
12.1%CHF 70.00CHF 52.00CHF 52.403
Sep ’24CHF 45.00
CHF 62.00
+37.8%
12.1%CHF 70.00CHF 52.00CHF 51.203
Aug ’24CHF 44.40
CHF 62.00
+39.6%
12.1%CHF 70.00CHF 52.00CHF 52.803
Jul ’24CHF 43.00
CHF 62.33
+45.0%
12.2%CHF 70.00CHF 52.00CHF 52.203
Jun ’24CHF 43.10
CHF 62.33
+44.6%
12.2%CHF 70.00CHF 52.00CHF 50.603
May ’24CHF 44.40
CHF 62.33
+40.4%
12.2%CHF 70.00CHF 52.00CHF 50.203
Apr ’24CHF 45.50
CHF 62.33
+37.0%
12.2%CHF 70.00CHF 52.00CHF 51.403
Mar ’24CHF 45.00
CHF 60.67
+34.8%
12.1%CHF 70.00CHF 52.00CHF 51.403
Feb ’24CHF 47.70
CHF 65.00
+36.3%
7.7%CHF 70.00CHF 60.00CHF 50.402
Jan ’24CHF 42.90
CHF 65.00
+51.5%
7.7%CHF 70.00CHF 60.00CHF 49.802
Dec ’23CHF 43.00
CHF 65.00
+51.2%
7.7%CHF 70.00CHF 60.00CHF 47.102

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Lenovo Group

HK$113.8b

An investment holding company, develops, manufactures, and markets technology products and services.

LEN

HK$0.81

7D

0%

1Y

1.3%

Landis+Gyr Group

CHF 1.9b

Provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

LAND

CHF 65.30

7D

-2.0%

1Y

-11.9%

Jenoptik

€1.2b

Provides advanced photonic solutions and smart mobility solutions in Germany and internationally.

JEN

€37.10

7D

0%

1Y

0%