Mikron Holding AG

BATS-CHIXE:MIKNz Stock Report

Market Cap: CHF 225.9m

Mikron Holding Valuation

Is MIKNz 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 MIKNz when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MIKNz (CHF13.65) is trading above our estimate of fair value (CHF10.53)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MIKNz. This is calculated by dividing MIKNz's market cap by their current earnings.
What is MIKNz's PE Ratio?
PE Ratio7.7x
EarningsCHF 29.49m
Market CapCHF 225.86m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MIKNz vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.7x
PRV Porvair
19.6x6.1%UK£301.8m
MPAC Mpac Group
23.6x20.0%UK£146.6m
AVG Avingtrans
34.3x38.0%UK£125.8m
LSC London Security
17.4xn/aUK£398.4m
MIKNz Mikron Holding
7.7xn/aCHF 225.9m

Price-To-Earnings vs Peers: MIKNz is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (23.7x).

Price to Earnings Ratio vs Industry

How does MIKNz's PE Ratio compare vs other companies in the European Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies31PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MIKNz is good value based on its Price-To-Earnings Ratio (7.7x) compared to the European Machinery industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is MIKNz'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.

MIKNz PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MIKNz's Price-To-Earnings Fair Ratio for valuation analysis.

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 MIKNz forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 13.65
CHF 22.00
+61.2%
9.1%CHF 24.00CHF 20.00n/a2
Nov ’25CHF 14.33
CHF 22.00
+53.6%
9.1%CHF 24.00CHF 20.00n/a2
Oct ’25CHF 17.85
CHF 25.00
+40.1%
20.0%CHF 30.00CHF 20.00n/a2
Sep ’25CHF 18.55
CHF 25.00
+34.8%
20.0%CHF 30.00CHF 20.00n/a2
Aug ’25CHF 19.10
CHF 25.00
+30.9%
20.0%CHF 30.00CHF 20.00n/a2
Jul ’25CHF 19.70
CHF 23.75
+20.6%
15.8%CHF 27.50CHF 20.00n/a2
Jun ’25CHF 18.40
CHF 23.75
+29.1%
15.8%CHF 27.50CHF 20.00n/a2
May ’25CHF 18.00
CHF 23.75
+31.9%
15.8%CHF 27.50CHF 20.00n/a2
Apr ’25CHF 18.50
CHF 23.75
+28.4%
15.8%CHF 27.50CHF 20.00n/a2
Mar ’25CHF 16.90
CHF 21.00
+24.3%
4.8%CHF 22.00CHF 20.00n/a2
Feb ’25CHF 17.00
CHF 21.00
+23.5%
4.8%CHF 22.00CHF 20.00n/a2
Jan ’25CHF 15.15
CHF 18.00
+18.8%
5.6%CHF 19.00CHF 17.00n/a2
Dec ’24CHF 14.10
CHF 18.00
+27.7%
5.6%CHF 19.00CHF 17.00n/a2
Nov ’24CHF 13.90
CHF 18.00
+29.5%
5.6%CHF 19.00CHF 17.00CHF 14.332
Oct ’24CHF 13.25
CHF 18.00
+35.8%
5.6%CHF 19.00CHF 17.00CHF 17.852
Sep ’24CHF 12.90
CHF 18.00
+39.5%
5.6%CHF 19.00CHF 17.00CHF 18.552
Aug ’24CHF 13.05
CHF 18.00
+37.9%
5.6%CHF 19.00CHF 17.00CHF 19.102
Jul ’24CHF 11.15
CHF 15.85
+42.2%
5.4%CHF 16.70CHF 15.00CHF 19.702
Jun ’24CHF 11.60
CHF 15.85
+36.6%
5.4%CHF 16.70CHF 15.00CHF 18.402
May ’24CHF 11.85
CHF 15.85
+33.8%
5.4%CHF 16.70CHF 15.00CHF 18.002
Apr ’24CHF 11.95
CHF 15.85
+32.6%
5.4%CHF 16.70CHF 15.00CHF 18.502
Mar ’24CHF 11.35
CHF 14.85
+30.8%
12.5%CHF 16.70CHF 13.00CHF 16.902
Feb ’24CHF 9.88
CHF 11.70
+18.4%
11.1%CHF 13.00CHF 10.40CHF 17.002
Jan ’24CHF 8.88
CHF 10.70
+20.5%
2.8%CHF 11.00CHF 10.40CHF 15.152
Dec ’23CHF 8.94
CHF 10.70
+19.7%
2.8%CHF 11.00CHF 10.40CHF 14.102
Nov ’23CHF 8.74
CHF 10.70
+22.4%
2.8%CHF 11.00CHF 10.40CHF 13.902

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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