Cicor Technologies Ltd. provides production and service for electronic components and systems worldwide.
Reasonable growth potential with adequate balance sheet.
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: CRLN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CRLN matched the German Electronic industry which returned 9.5% over the past year.
Return vs Market: CRLN underperformed the German Market which returned 17.1% over the past year.
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
No news available
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: CRLN (€48.6) is trading above our estimate of fair value (€16.63)
Significantly Below Fair Value: CRLN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CRLN is good value based on its PE Ratio (16.3x) compared to the Electronic industry average (27.1x).
PE vs Market: CRLN is good value based on its PE Ratio (16.3x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: CRLN is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: CRLN is overvalued based on its PB Ratio (1.9x) compared to the DE Electronic industry average (1.8x).
How is Cicor Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRLN's forecast earnings growth (27.3% per year) is above the savings rate (0.2%).
Earnings vs Market: CRLN's earnings (27.3% per year) are forecast to grow faster than the German market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CRLN's revenue (5% per year) is forecast to grow faster than the German market (4.8% per year).
High Growth Revenue: CRLN's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CRLN's Return on Equity is forecast to be low in 3 years time (13%).
How has Cicor Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRLN has high quality earnings.
Growing Profit Margin: CRLN's current net profit margins (3.4%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: CRLN's earnings have grown significantly by 23.5% per year over the past 5 years.
Accelerating Growth: CRLN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRLN had negative earnings growth (-2.4%) over the past year, making it difficult to compare to the Electronic industry average (3.1%).
Return on Equity
High ROE: CRLN's Return on Equity (11.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Cicor Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: CRLN's short term assets (CHF127.6M) exceed its short term liabilities (CHF55.2M).
Long Term Liabilities: CRLN's short term assets (CHF127.6M) exceed its long term liabilities (CHF56.4M).
Debt to Equity History and Analysis
Debt Level: CRLN's debt to equity ratio (73%) is considered high.
Reducing Debt: CRLN's debt to equity ratio has increased from 33.7% to 73% over the past 5 years.
Debt Coverage: CRLN's debt is well covered by operating cash flow (21.5%).
Interest Coverage: CRLN's interest payments on its debt are well covered by EBIT (8.4x coverage).
Inventory Level: CRLN has a high level of physical assets or inventory.
Debt Coverage by Assets: CRLN's debt is covered by short term assets (assets are 2.3x debt).
What is Cicor Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CRLN's dividend (2.03%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: CRLN's dividend (2.03%) is low compared to the top 25% of dividend payers in the German market (3.53%).
Stability and Growth of Payments
Stable Dividend: CRLN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CRLN's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33%), CRLN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CRLN's dividends in 3 years are forecast to be well covered by earnings (36% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alexander Hagemann (57yo)
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 ($USD946.68K) is above average for companies of similar size in the German market ($USD425.50K).
Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.
|Vice Chairman||0yrs||CHF58.00k||0.18% CHF232.5k|
|Independent Director||10.7yrs||CHF49.00k||0.034% CHF45.4k|
Experienced Board: CRLN's board of directors are considered experienced (4.4 years average tenure).
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: CRLN
- Exchange: DB
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: CHF142.925m
- Listing Market Cap: CHF131.528m
- 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. provides production and service for electronic components and systems worldwide. The company operates through two segments, Advanced Microelectronics & Substrates, and Electronic Solutions. It also manufactures and processes rigid, flexible, and rigid-flexible printed circuit boards; and substrates using thin- and thick-film. The company provides outsourcing solutions for the development and manufacture of electronic modules, component, and electronic products. Its outsourcing solutions comprise production options for printed circuit board assembly, system assembly, box building, control cabinet construction, cable assembly, toolmaking, and injection molding. The company serves medical, industrial, watch and consumer, communication, automotive and transport, and aerospace and defense markets. Cicor Technologies Ltd. is headquartered in Boudry, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/25 20:59|
|End of Day Share Price||2019/06/28 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.