Mycronic AB (publ)

OM:MYCR Stock Report

Market Cap: SEK 57.9b

Mycronic Management

Management criteria checks 3/4

Mycronic's CEO is Anders Lindqvist, appointed in May 2019, has a tenure of 7.17 years. total yearly compensation is SEK24.20M, comprised of 33.1% salary and 66.9% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth SEK14.84M. The average tenure of the management team and the board of directors is 6.8 years and 7.2 years respectively.

Key information

Anders Lindqvist

Chief executive officer

SEK 24.2m

Total compensation

CEO salary percentage33.06%
CEO tenure7.2yrs
CEO ownership0.03%
Management average tenure6.8yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Narrative Update • Jul 06

MYCR: Cautious Ratings And New Orders Will Shape Execution Focus

The analyst price target for Mycronic has been revised from SEK 255 to SEK 320, with analysts citing updated assumptions for revenue growth, profit margins and future P/E as they reassess the stock following a series of more cautious rating changes from SEB Equities, Nordea and DNB Carnegie. Analyst Commentary Recent commentary on Mycronic reflects a more cautious tone from several firms, yet the higher SEK 320 price target signals that some bullish analysts still see room for upside if the company delivers on the updated assumptions for revenue, margins and P/E.
Narrative Update • Jun 22

MYCR: Sector Downgrades And Execution Risks Will Restrain Future Upside

The latest Narrative Update on Mycronic reflects a reduced analyst price target of SEK260.25, as analysts factor in slightly lower revenue growth and profit margin assumptions, along with a modestly higher future P/E, in the context of several recent downgrades on the stock. Analyst Commentary Recent research on Mycronic points to a more cautious stance among several bearish analysts, who have downgraded the stock while reassessing revenue growth, margins, and valuation multiples.
Analysis Article • Jun 19

Mycronic (OM:MYCR) Stock Could Be 17.2% Overvalued After New SLX Order

Mycronic (OM:MYCR) stock is back in focus after the company reported a new European customer order for its SLX laser mask writer, valued at US$6 to 8 million with delivery planned in Q3 2026. See our latest analysis for Mycronic. The SLX order lands at a time when Mycronic’s short term share price momentum has been firm, with a 90 day share price return of 44.34%. The 1 year total shareholder return of 70.93% and 3 year total shareholder return of 151.03% point to strong long term...
Narrative Update • Jun 07

MYCR: Sector Downgrades And Higher Risk Perceptions Will Pressure Future Upside

Analysts have trimmed their stance on Mycronic, nudging the SEK 260.25 price target lower in line with a slightly higher discount rate and more cautious sector views following several recent rating downgrades. Analyst Commentary Recent research has taken a more cautious tone on Mycronic, with several downgrades pointing to higher required returns and more conservative sector assumptions feeding into valuation work.
Narrative Update • May 09

MYCR: Clustered Downgrades And Extended Deliveries Will Pressure Near Term Upside

The updated analyst price target for Mycronic has shifted from SEK 226.50 to SEK 260.25. Analysts cite changes in growth expectations and valuation assumptions, even as several firms have recently turned more cautious on the stock.
Analysis Article • Apr 29

Mycronic AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

It's been a good week for Mycronic AB (publ) ( STO:MYCR ) shareholders, because the company has just released its...
Narrative Update • Apr 24

MYCR: Extended Delivery Timeline For New Orders Will Restrain Near-Term Upside

Analysts have raised their price target on Mycronic to SEK226.50 from SEK213.67, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Order for a customized SLX mask writer from a new customer, valued between US$27 million and US$30 million, with delivery planned in 2028.
Narrative Update • Apr 09

MYCR: Asian Equipment Orders And 2026 Outlook Will Support Steady Dividend Profile

Analysts have slightly adjusted their price target on Mycronic from SEK 215 to about SEK 214. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples, while keeping their overall view broadly consistent.
Narrative Update • Mar 26

MYCR: Asian Orders And 2026 Guidance Will Underpin Stable Dividend Outlook

Analysts are maintaining their SEK 215.0 price target for Mycronic, noting only minor adjustments to inputs such as the discount rate, long-term revenue, profit margin and future P/E assumptions that do not materially change their valuation view. What's in the News Mycronic has issued earnings guidance for 2026, indicating expected net sales of SEK 8.25b for the period (Corporate Guidance).
Narrative Update • Mar 09

MYCR: Asian Orders And 2026 Guidance Will Support Steady Dividend Outlook

Analysts have maintained their SEK 215.00 price target for Mycronic. This reflects minor adjustments to assumptions regarding the discount rate, long-term growth and P/E, which did not meaningfully change their overall view of the shares.
Narrative Update • Feb 22

MYCR: Asian Orders And 2026 Guidance Will Shape Balanced Outlook

Analysts now keep their SEK 215.0 price target for Mycronic broadly unchanged, with slight adjustments in the discount rate, revenue growth expectations, profit margin assumptions, and future P/E multiples shaping the latest narrative update. What's in the News Mycronic issued earnings guidance for 2026, indicating expected net sales of SEK 8.25b for the period (company guidance).
Analysis Article • Feb 08

Analyst Estimates: Here's What Brokers Think Of Mycronic AB (publ) (STO:MYCR) After Its Full-Year Report

Mycronic AB (publ) ( STO:MYCR ) shareholders are probably feeling a little disappointed, since its shares fell 6.9% to...
Narrative Update • Feb 08

MYCR: Asian Orders And Higher Margins Will Support Bullish Outlook

Analysts have trimmed their price target on Mycronic to SEK215 from about SEK218.67, citing updated assumptions that include a slightly higher discount rate, adjusted revenue growth and profit margin expectations, and a lower future P/E multiple. What's in the News Mycronic announced an annual dividend of SEK 3.25 per share, with an ex dividend date set for May 7, 2026, a record date on May 8, 2026, and a payment date on May 13, 2026 (company announcement).
Narrative Update • Jan 24

MYCR: Asian Orders And Cautious Margins Will Support Stable Outlook

Analysts have kept their overall price target for Mycronic unchanged at SEK 218.67, with adjustments in the discount rate, profit margin and future P/E assumptions reflecting a more cautious margin outlook, offset by support from valuation multiples. What's in the News Mycronic received an order for an MMX metrology system from a new customer in Asia, valued in the range of US$2 million to US$4 million, with delivery planned for the current quarter (company announcement).
Analysis Article • Jan 23

Mycronic (STO:MYCR) Is Reinvesting To Multiply In Value

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Narrative Update • Jan 08

MYCR: Asian Equipment Orders And Higher Margins Will Support Steady Outlook

Analysts have left their fair value estimate for Mycronic unchanged at SEK 218.67. The latest price target is shaped mainly by slightly revised assumptions on discount rate, revenue growth, profit margin and future P/E, which together reflect a more balanced view of the company’s earnings profile and valuation risk.
Analysis Article • Dec 31

Estimating The Fair Value Of Mycronic AB (publ) (STO:MYCR)

Key Insights Mycronic's estimated fair value is kr215 based on 2 Stage Free Cash Flow to Equity Current share price of...
Narrative Update • Dec 13

MYCR: Expanding Asian Orders Will Support Steady Earnings And Balanced Prospects

Analysts have nudged their price target for Mycronic slightly higher to approximately SEK 219 per share, reflecting modestly increased discount rate and future P E assumptions, while maintaining a generally stable view on long term revenue growth and profitability. What's in the News Mycronic secured a new Asian customer for its SLX semiconductor mask writer, an energy efficient system with an order value between USD 5 million and 7 million, with revenue recognized in the current quarter (company announcement).
Narrative Update • Nov 27

MYCR: Growing Asian Orders And Margins Will Support Measured Gains Through 2025

Analysts have slightly increased their price target for Mycronic to SEK 218.67 from SEK 217.33. They cite improved revenue growth expectations and a marginally higher projected profit margin.
Narrative Update • Nov 07

MYCR: Net Profit Margins And Orders Will Support Steady Outlook Through 2025

Analysts have slightly raised their price target for Mycronic from SEK 216.67 to SEK 217.33. They cite improved profit margin forecasts and a more favorable future price-to-earnings outlook.
Analysis Article • Oct 28

Mycronic AB (publ) Just Beat Revenue Estimates By 9.4%

Mycronic AB (publ) ( STO:MYCR ) just released its quarterly report and things are looking bullish. The company beat...
Narrative Update • Oct 24

Upcoming Orders and Expansion Will Drive Global Technology Reach Forward

Analyst Price Target Update for Mycronic Analysts have raised their fair value estimate for Mycronic from SEK 207.00 to SEK 216.67. This update reflects improved revenue growth projections, even though there is a slightly higher discount rate and lower profit margin expectations.
Narrative Update • Oct 10

Acquisitions And Launches Will Expand Global Technology Reach

Narrative Update on Mycronic: Analyst Price Target Revision Analysts have revised their price target for Mycronic downward by SEK 31, from SEK 238 to SEK 207. This adjustment is based on updated forecasts for slower revenue growth and slightly softer profit margins.
Analysis Article • Sep 19

Estimating The Fair Value Of Mycronic AB (publ) (STO:MYCR)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Mycronic fair value estimate is kr235 With kr220 share price...
Narrative Update • Aug 27

Acquisitions And Launches Will Expand Global Technology Reach

The increase in Mycronic's consensus price target to SEK238.00 reflects improved revenue growth forecasts and a modestly higher future P/E multiple. What's in the News Mycronic updated its 2025 revenue guidance, reverting to its original estimate of SEK 7.5 billion in net sales, compared to the previous range of SEK 7.0 to 7.5 billion.
Analysis Article • Aug 23

Does Mycronic (STO:MYCR) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Aug 10

Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Jul 29

Mycronic (STO:MYCR) Is Achieving High Returns On Its Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
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New Narrative • Jun 24

Historically Cheap, but the Margin of Safety Is Still Thin

Electronics-complexity super-cycle — AI datacentres, EVs and advanced display / semiconductor nodes require ever-finer photomasks, ultra-precise die bonding and higher-reliability SMT lines, directly
User avatar
New Narrative • Dec 24

Modus Acquisition And Prexision 8000 Launch Will Propel High-Tech Growth And Sustainability

Strategic acquisitions and new product launches align with industry trends, potentially boosting revenue and expanding market presence across segments.

CEO Compensation Analysis

How has Anders Lindqvist's remuneration changed compared to Mycronic's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

SEK 2b

Dec 31 2025SEK 24mSEK 8m

SEK 2b

Sep 30 2025n/an/a

SEK 2b

Jun 30 2025n/an/a

SEK 2b

Mar 31 2025n/an/a

SEK 2b

Dec 31 2024SEK 20mSEK 7m

SEK 2b

Sep 30 2024n/an/a

SEK 2b

Jun 30 2024n/an/a

SEK 1b

Mar 31 2024n/an/a

SEK 1b

Dec 31 2023SEK 17mSEK 7m

SEK 998m

Sep 30 2023n/an/a

SEK 736m

Jun 30 2023n/an/a

SEK 685m

Mar 31 2023n/an/a

SEK 725m

Dec 31 2022SEK 16mSEK 7m

SEK 741m

Sep 30 2022n/an/a

SEK 669m

Jun 30 2022n/an/a

SEK 597m

Mar 31 2022n/an/a

SEK 603m

Dec 31 2021SEK 13mSEK 6m

SEK 828m

Sep 30 2021n/an/a

SEK 827m

Jun 30 2021n/an/a

SEK 1b

Mar 31 2021n/an/a

SEK 1b

Dec 31 2020SEK 8mSEK 5m

SEK 694m

Sep 30 2020n/an/a

SEK 670m

Jun 30 2020n/an/a

SEK 551m

Mar 31 2020n/an/a

SEK 581m

Dec 31 2019SEK 9mSEK 3m

SEK 855m

Compensation vs Market: Anders's total compensation ($USD2.50M) is about average for companies of similar size in the Swedish market ($USD2.08M).

Compensation vs Earnings: Anders's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Anders Lindqvist (59 yo)

7.2yrs
Tenure
SEK 24,200,000
Compensation

Mr. Anders Lindqvist is Independent Director of Silex Microsystems AB from July 23, 2025. Mr. Lindqvist has been an Independent Director of NCAB Group AB (publ) since May 08, 2024. He is a Director of Gunn...

Leadership Team

NamePositionTenureCompensationOwnership
Anders Lindqvist
President & CEO7.2yrsSEK 24.20m0.026%
SEK 14.8m
Pierre Brorsson
CFO & Senior VP of Corporate Development4.8yrsno data0.0026%
SEK 1.5m
Magnus Marthinsson
Senior Vice President of Global Technologies Division3.3yrsno data0.010%
SEK 6.0m
Sven Chetkovich
Director of Investor Relationsno datano datano data
Charlott Samuelsson
Senior Vice President of Pattern Generators Division30.5yrsno data0.025%
SEK 14.4m
Lena Bavegard
Senior Vice President of Global Functions8.5yrsno data0.0077%
SEK 4.5m
Clemens Jargon
Senior Vice President of PCB Assembly Solutions6.3yrsno data0.0013%
SEK 764.0k
Mikael Wahlsten
Head of Product Strategy & Development for Pattern Generatorsno datano datano data
Ivan Li
Senior Vice President of High Volume Division6.3yrsno datano data
Kristina Svanteson
Sustainability Managerno datano datano data
Anders Rudolfsson
Senior Equity Salesno datano datano data
6.8yrs
Average Tenure
58.5yo
Average Age

Experienced Management: MYCR's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Anna Belfrage
Independent Director8.2yrsSEK 570.00kno data
Johan Tigerschiold
Chairman of the Board17.5yrsSEK 1.16m0.067%
SEK 38.5m
Katarina Bonde
Independent Director16.3yrsSEK 505.00k0.0021%
SEK 1.2m
Staffan Dahlstrom
Independent Director7.2yrsSEK 505.00k0.017%
SEK 10.1m
Arun Bansal
Independent Board Member6.1yrsSEK 490.00kno data
Bo Risberg
Independent Director4.2yrsSEK 490.00k0.010%
SEK 5.9m
Jorgen Lundberg
Employee Representative Director7.2yrsno datano data
Jens Hinrichsen
Independent Director2.5yrsSEK 420.00kno data
Sahar Raouf
Employee Representative Director4.5yrsno datano data
7.2yrs
Average Tenure
62yo
Average Age

Experienced Board: MYCR's board of directors are considered experienced (7.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 00:36
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Mycronic AB (publ) 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.

AnalystInstitution
Nils SjogrenABG Sundal Collier Sponsored
Oliver WongBofA Global Research
Mikael LaséenCarnegie Investment Bank AB