AMEX:MICR

Stock Analysis Report

Executive Summary

Micron Solutions, Inc., through its subsidiary, Micron Products, Inc., operates as a contract manufacturing organization that produces medical device components requiring precision machining and injection molding in the United States and internationally.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Risks

  • Micron Solutions has significant price volatility in the past 3 months.
  • Micron Solutions is not covered by any analysts.

Share Price & News

How has Micron Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.3%

AMEX:MICR

-1.5%

US Healthcare Services

1.2%

US Market


1 Year Return

-36.0%

AMEX:MICR

4.8%

US Healthcare Services

1.7%

US Market

MICR underperformed the Healthcare Services industry which returned 4.9% over the past year.

MICR underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

MICRIndustryMarket
7 Day-1.3%-1.5%1.2%
30 Day-4.3%-4.8%4.9%
90 Day-18.5%-4.9%3.7%
1 Year-36.0%-36.0%4.9%4.8%3.9%1.7%
3 Year-48.5%-48.5%49.0%48.6%47.2%37.7%
5 Year-69.7%-69.7%46.4%45.5%60.0%42.4%

Price Volatility Vs. Market

How volatile is Micron Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Micron Solutions undervalued based on future cash flows and its price relative to the stock market?

1.95x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Micron Solutions to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Micron Solutions to establish if it is available at substantial discount.


Price Based on Earnings

Micron Solutions is loss making, we can't compare its value to the US Healthcare Services industry average.

Micron Solutions is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Micron Solutions, we can't assess if its growth is good value.


Price Based on Value of Assets

Micron Solutions is good value based on assets compared to the US Healthcare Services industry average.


Next Steps

Future Growth

How is Micron Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.0%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Micron Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Micron Solutions performed over the past 5 years?

-42.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Micron Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Micron Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Micron Solutions's 1-year growth to the US Healthcare Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Micron Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Micron Solutions has efficiently used its assets last year compared to the US Healthcare Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Micron Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Micron Solutions's financial position?


Financial Position Analysis

Micron Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Micron Solutions's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Micron Solutions's level of debt (184.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (69.2% vs 184.3% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Micron Solutions has less than a year of cash runway based on current free cash flow.

Micron Solutions has less than a year of cash runway if free cash flow continues to reduce at historical rates of -3.6% each year.


Next Steps

Dividend

What is Micron Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Micron Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Micron Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Micron Solutions has not reported any payouts.

Unable to verify if Micron Solutions's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Micron Solutions has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Micron Solutions's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average board tenure


CEO

Bill Laursen (48yo)

0.8yrs

Tenure

US$318,457

Compensation

Mr. William J. Laursen, also known as Bill, has been President, Chief Executive Officer and Director of Micron Solutions, Inc. since November 29, 2018. Mr. Laursen also served as Treasurer and Principal Ac ...


CEO Compensation Analysis

Bill's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Bill to compare compensation growth.


Board Age and Tenure

2.0yrs

Average Tenure

59yo

Average Age

The average tenure for the Micron Solutions board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$30,95926 Mar 19
Andrei Soran
EntityIndividual
Role
Chairman of the Board
Chairman
Shares10,000
Max PriceUS$3.10
BuyUS$67,16826 Mar 19
Jason Chambers
EntityIndividual
Role
Member of the Board of Directors
Director
Shares21,000
Max PriceUS$3.20
BuyUS$28,29427 Dec 18
Robert Mello
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares9,152
Max PriceUS$3.10

Ownership Breakdown


Management Team

  • Wayne Coll (55yo)

    Chief Financial Officer

    • Tenure: 0.2yrs
  • Bill Laursen (48yo)

    President

    • Tenure: 0.8yrs
    • Compensation: US$318.46k
  • Mike Simmons

    Senior Vice President of Operations

    • Tenure: 0yrs

Board Members

  • Robert Mello (65yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$30.00k
  • Lou Marinos (77yo)

    Director Emeritus

    • Tenure: 1.8yrs
    • Compensation: US$29.81k
  • Paul Walter (82yo)

    Director Emeritus

    • Tenure: 0.8yrs
    • Compensation: US$27.66k
  • Jason Chambers (41yo)

    Director

    • Tenure: 13.4yrs
    • Compensation: US$35.00k
  • Marco Benedetti (59yo)

    Director

    • Tenure: 4.2yrs
    • Compensation: US$34.00k
  • Andrei Soran (59yo)

    Chairman

    • Tenure: 0.3yrs
    • Compensation: US$30.00k
  • Rodd Friedman (53yo)

    Independent Director

    • Tenure: 2.2yrs
  • Bill Laursen (48yo)

    President

    • Tenure: 0.8yrs
    • Compensation: US$318.46k

Company Information

Micron Solutions, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Micron Solutions, Inc.
  • Ticker: MICR
  • Exchange: AMEX
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: US$6.343m
  • Shares outstanding: 2.88m
  • Website: https://www.micronsolutionsinc.com

Number of Employees


Location

  • Micron Solutions, Inc.
  • 25 Sawyer Passway
  • Fitchburg
  • Massachusetts
  • 1420
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MICRAMEX (NYSE MKT LLC)YesCommon StockUSUSDDec 1990
MPMDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1990

Biography

Micron Solutions, Inc., through its subsidiary, Micron Products, Inc., operates as a contract manufacturing organization that produces medical device components requiring precision machining and injection  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/14 23:31
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.