Cicor Technologies Valuation

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

CICN (CHF135) is trading above our estimate of [[fair value]] (CHF134.27)

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

Valuation Score

2/6

Valuation Score 2/6

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.

Discounted Cash Flow

Simply Wall St

CHF 134.27

Fair Value

0.5% overvalued

Number of Analysts

Below Fair Value: CICN (CHF135) is trading above our estimate of fair value (CHF134.27)

Significantly Below Fair Value: CICN is trading above our estimate of fair value.

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 Ratio	21.6x
Earnings	CHF 27.25m
Market Cap	CHF 587.89m

CICN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.3x
Enterprise Value/EBITDA	10.9x
PEG Ratio	1x

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.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	55.3x
LEHN LEM Holding	111.3x	47.99%	CHF 933.5m
ELMN Elma Electronic	30.1x	n/a	CHF 255.9m
IFCN INFICON Holding	27.3x	7.41%	CHF 2.5b
COTN Comet Holding	52.5x	37.28%	CHF 1.8b
CICN Cicor Technologies	21.6x	22.29%	CHF 587.9m

Price-To-Earnings vs Peers: CICN is good value based on its Price-To-Earnings Ratio (21.6x) compared to the peer average (55.3x).

Price to Earnings Ratio vs Industry

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

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CICN is expensive based on its Price-To-Earnings Ratio (21.6x) compared to the European Electronic industry average (20.8x).

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 Ratio	21.6x
Fair PE Ratio	26x

Price-To-Earnings vs Fair Ratio: CICN is good value based on its Price-To-Earnings Ratio (21.6x) compared to the estimated Fair Price-To-Earnings Ratio (26x).

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.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CHF 135.00	CHF 106.78 -20.90%	16.98%	CHF 135.00	CHF 85.90	n/a	5
Jun ’26	CHF 125.00	CHF 103.78 -16.98%	13.47%	CHF 120.00	CHF 85.90	n/a	5
May ’26	CHF 111.00	CHF 103.78 -6.50%	13.47%	CHF 120.00	CHF 85.90	n/a	5
Apr ’26	CHF 96.60	CHF 94.48 -2.20%	7.11%	CHF 102.00	CHF 85.90	n/a	4
Mar ’26	CHF 73.00	CHF 82.98 +13.66%	7.56%	CHF 90.00	CHF 73.00	n/a	4
Feb ’26	CHF 67.80	CHF 82.98 +22.38%	7.56%	CHF 90.00	CHF 73.00	n/a	4
Jan ’26	CHF 60.00	CHF 79.35 +32.25%	6.65%	CHF 85.90	CHF 73.00	n/a	4
Dec ’25	CHF 59.00	CHF 79.35 +34.49%	6.65%	CHF 85.90	CHF 73.00	n/a	4
Nov ’25	CHF 52.60	CHF 78.23 +48.72%	7.86%	CHF 85.90	CHF 70.00	n/a	4
Oct ’25	CHF 52.40	CHF 78.23 +49.28%	7.86%	CHF 85.90	CHF 70.00	n/a	4
Sep ’25	CHF 51.20	CHF 78.23 +52.78%	7.86%	CHF 85.90	CHF 70.00	n/a	4
Aug ’25	CHF 52.80	CHF 71.15 +34.75%	12.52%	CHF 82.00	CHF 57.60	n/a	4
Jul ’25	CHF 52.20	CHF 69.40 +32.95%	11.44%	CHF 80.00	CHF 57.60	n/a	4
Jun ’25	CHF 50.60	CHF 69.40 +37.15%	11.44%	CHF 80.00	CHF 57.60	CHF 125.00	4
May ’25	CHF 50.20	CHF 69.63 +38.70%	10.93%	CHF 80.00	CHF 58.50	CHF 111.00	4
Apr ’25	CHF 51.40	CHF 69.63 +35.46%	10.93%	CHF 80.00	CHF 58.50	CHF 96.60	4
Mar ’25	CHF 51.40	CHF 67.63 +31.57%	10.24%	CHF 78.00	CHF 58.50	CHF 73.00	4
Feb ’25	CHF 50.40	CHF 67.63 +34.18%	10.24%	CHF 78.00	CHF 58.50	CHF 67.80	4
Jan ’25	CHF 49.80	CHF 67.63 +35.79%	10.24%	CHF 78.00	CHF 58.50	CHF 60.00	4
Dec ’24	CHF 47.10	CHF 63.63 +35.08%	7.85%	CHF 70.00	CHF 58.50	CHF 59.00	4
Nov ’24	CHF 43.70	CHF 63.63 +45.59%	7.85%	CHF 70.00	CHF 58.50	CHF 52.60	4
Oct ’24	CHF 45.00	CHF 62.00 +37.78%	12.07%	CHF 70.00	CHF 52.00	CHF 52.40	3
Sep ’24	CHF 45.00	CHF 62.00 +37.78%	12.07%	CHF 70.00	CHF 52.00	CHF 51.20	3
Aug ’24	CHF 44.40	CHF 62.00 +39.64%	12.07%	CHF 70.00	CHF 52.00	CHF 52.80	3
Jul ’24	CHF 43.00	CHF 62.33 +44.96%	12.17%	CHF 70.00	CHF 52.00	CHF 52.20	3
Jun ’24	CHF 43.10	CHF 62.33 +44.62%	12.17%	CHF 70.00	CHF 52.00	CHF 50.60	3

AnalystConsensusTarget

Consensus Narrative from 5 Analysts

CHF 106.78

Fair Value

26.4% overvalued

Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/12 12:42
End of Day Share Price	2025/06/12 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cicor Technologies Ltd. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Volker Bosse	Baader Helvea Equity Research
Zana Mamelli	Baader Helvea Equity Research
Emrah Basic	Baader Helvea Equity Research