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

CICNZ is good value based on its Price-To-Earnings Ratio (23.1x) compared to the peer average (26.7x).

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

CICNZ is expensive based on its Price-To-Earnings Ratio (23.1x) compared to the European Electronic industry average (19.2x).

What is CICNZ'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.

CICNZ is good value based on its Price-To-Earnings Ratio (23.1x) compared to the estimated Fair Price-To-Earnings Ratio (27.1x).

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

CICNZ (CHF55.8) is trading below our estimate of [[fair value]] (CHF111.6)

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

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

CICNZ Stock Overview

Develops and manufactures electronic components, devices, and systems worldwide. More details

CICNZ fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 50% below our estimate of its fair value

Earnings are forecast to grow 28.33% per year

Analysts in good agreement that stock price will rise by 42.2%

Risk Analysis

Has a high level of debt

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Cicor Technologies Ltd. Competitors

Gooch & Housego

AIM:GHH

UK£129.1m

Midwich Group

AIM:MIDW

UK£292.6m

Spectra Systems

AIM:SPSY

UK£113.8m

Big Technologies

AIM:BIG

UK£409.0m

Price History & Performance

Summary of share price highs, lows and changes for Cicor Technologies
Historical stock prices
Current Share Price	CHF 55.80
52 Week High	CHF 60.20
52 Week Low	CHF 48.60
Beta	0.62
1 Month Change	-2.11%
3 Month Change	3.72%
1 Year Change	14.11%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	57.18%

Recent updates

Shareholder Returns

	CICNZ	GB Electronic	GB Market
7D	-0.4%	-0.7%	-2.6%
1Y	14.1%	-3.3%	2.4%

Return vs Industry: CICNZ exceeded the UK Electronic industry which returned -3.3% over the past year.

Return vs Market: CICNZ exceeded the UK Market which returned 2.4% over the past year.

Price Volatility

Is CICNZ's price volatile compared to industry and market?
CICNZ volatility
CICNZ Average Weekly Movement	3.3%
Electronic Industry Average Movement	6.1%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: CICNZ has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: CICNZ's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1966	3,301	Alexander Hagemann	www.cicor.com

Cicor Technologies Ltd., together with its subsidiaries, develops and manufactures electronic components, devices, and systems worldwide. The company operates in two divisions, Electronic Manufacturing Services (EMS) and Advanced Substrates (AS). It offers engineering services, such as test engineering, product development, and process engineering services; electronic manufacturing services, including printed circuit boards (PCB) assembly, cable assembly, and box building, as well as microelectronic assembly comprising SMD, wire bonding, flip chip, etc.; precision plastics includes tool design and fabrication, plastic injection molding, and 3D-MID technology; hybrid circuits, such as thin-film and thick-film substrates; PCBs, including flexible, rigid-flexible, rigid, and DenciTec PCBs; and printed electronics.

Cicor Technologies Ltd. Fundamentals Summary

How do Cicor Technologies's earnings and revenue compare to its market cap?
CICNZ fundamental statistics
Market cap	CHF 236.95m
Earnings (TTM)	CHF 10.25m
Revenue (TTM)	CHF 422.04m

23.1x

P/E Ratio

0.6x

P/S Ratio

Is CICNZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CICNZ income statement (TTM)
Revenue	CHF 422.04m
Cost of Revenue	CHF 222.37m
Gross Profit	CHF 199.67m
Other Expenses	CHF 189.42m
Earnings	CHF 10.25m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.41
Gross Margin	47.31%
Net Profit Margin	2.43%
Debt/Equity Ratio	99.3%

How did CICNZ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:44
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Cicor Technologies Ltd. is covered by 9 analysts. 4 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
Emrah Basic	Baader Helvea Equity Research
Zana Mamelli	Baader Helvea Equity Research