Mycronic AB (publ)
Mycronic AB (publ) develops, manufactures, and sells production equipment for electronics industry in Sweden, rest of Europe, the United States, other Americas, China, South Korea, rest of Asia, and internationally. It operates through four segments: Pattern Generators, High Flex, High Volume, and Global Technologies. The Pattern Generators segment develops, manufactures, and markets mask writers… Read more
Mycronic AB (publ) (MICLF) - Net Assets
Latest net assets as of June 2025: $6.78 Billion USD
Based on the latest financial reports, Mycronic AB (publ) (MICLF) has net assets worth $6.78 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.35 Billion) and total liabilities ($3.57 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.78 Billion |
| % of Total Assets | 65.49% |
| Annual Growth Rate | 11.24% |
| 5-Year Change | 94.64% |
| 10-Year Change | 418.44% |
| Growth Volatility | 12.62 |
Mycronic AB (publ) - Net Assets Trend (2002–2024)
This chart illustrates how Mycronic AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mycronic AB (publ) (2002–2024)
The table below shows the annual net assets of Mycronic AB (publ) from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.58 Billion | +24.46% |
| 2023-12-31 | $5.28 Billion | +12.33% |
| 2022-12-31 | $4.70 Billion | +17.66% |
| 2021-12-31 | $4.00 Billion | +18.32% |
| 2020-12-31 | $3.38 Billion | +13.43% |
| 2019-12-31 | $2.98 Billion | +25.18% |
| 2018-12-31 | $2.38 Billion | +32.14% |
| 2017-12-31 | $1.80 Billion | +27.54% |
| 2016-12-31 | $1.41 Billion | +11.31% |
| 2015-12-31 | $1.27 Billion | +5.06% |
| 2014-12-31 | $1.21 Billion | +3.58% |
| 2013-12-31 | $1.17 Billion | -0.24% |
| 2012-12-31 | $1.17 Billion | -5.15% |
| 2011-12-31 | $1.23 Billion | -6.31% |
| 2010-12-31 | $1.31 Billion | +25.55% |
| 2009-12-31 | $1.05 Billion | +17.85% |
| 2008-12-31 | $888.58 Million | -2.08% |
| 2007-12-31 | $907.46 Million | -18.24% |
| 2006-12-31 | $1.11 Billion | +8.25% |
| 2005-12-31 | $1.03 Billion | +12.91% |
| 2004-12-31 | $908.00 Million | +13.72% |
| 2003-12-31 | $798.44 Million | +26.47% |
| 2002-12-31 | $631.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mycronic AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 477237800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.71 Billion | 72.09% |
| Common Stock | $98.00 Million | 1.50% |
| Other Comprehensive Income | $333.00 Million | 5.10% |
| Other Components | $1.39 Billion | 21.31% |
| Total Equity | $6.53 Billion | 100.00% |
Mycronic AB (publ) Competitors by Market Cap
The table below lists competitors of Mycronic AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sphere Entertainment Co.
NYSE:SPHR
|
$2.71 Billion |
|
Lion Corporation
PINK:LIOPY
|
$2.71 Billion |
|
SL Green Realty Corp
NYSE:SLG
|
$2.71 Billion |
|
SHREE CEMENT LIMITED
NSE:SHREECEM
|
$2.71 Billion |
|
Consol Energy Inc
NYSE:CEIX
|
$2.71 Billion |
|
Yonghui Superstores Co Ltd
SHG:601933
|
$2.71 Billion |
|
American Eagle Outfitters Inc
NYSE:AEO
|
$2.70 Billion |
|
IOI Corporation Bhd
KLSE:1961
|
$2.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mycronic AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,247,000,000 to 6,532,000,000, a change of 1,285,000,000 (24.5%).
- Net income of 1,683,000,000 contributed positively to equity growth.
- Dividend payments of 441,000,000 reduced retained earnings.
- Share repurchases of 19,000,000 reduced equity.
- Other comprehensive income increased equity by 43,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.68 Billion | +25.77% |
| Dividends Paid | $441.00 Million | -6.75% |
| Share Repurchases | $19.00 Million | -0.29% |
| Other Comprehensive Income | $43.00 Million | +0.66% |
| Other Changes | $19.00 Million | +0.29% |
| Total Change | $- | 24.49% |
Book Value vs Market Value Analysis
This analysis compares Mycronic AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.54x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.55x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $23.38 | $36.20 | x |
| 2003-12-31 | $20.92 | $36.20 | x |
| 2004-12-31 | $18.22 | $36.20 | x |
| 2005-12-31 | $21.05 | $36.20 | x |
| 2006-12-31 | $22.87 | $36.20 | x |
| 2007-12-31 | $18.70 | $36.20 | x |
| 2008-12-31 | $18.31 | $36.20 | x |
| 2009-12-31 | $16.17 | $36.20 | x |
| 2010-12-31 | $15.93 | $36.20 | x |
| 2011-12-31 | $12.58 | $36.20 | x |
| 2012-12-31 | $11.93 | $36.20 | x |
| 2013-12-31 | $11.90 | $36.20 | x |
| 2014-12-31 | $12.33 | $36.20 | x |
| 2015-12-31 | $12.95 | $36.20 | x |
| 2016-12-31 | $14.42 | $36.20 | x |
| 2017-12-31 | $18.39 | $36.20 | x |
| 2018-12-31 | $24.27 | $36.20 | x |
| 2019-12-31 | $30.36 | $36.20 | x |
| 2020-12-31 | $34.41 | $36.20 | x |
| 2021-12-31 | $40.48 | $36.20 | x |
| 2022-12-31 | $47.77 | $36.20 | x |
| 2023-12-31 | $53.74 | $36.20 | x |
| 2024-12-31 | $66.93 | $36.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mycronic AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.85%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.59x
- Recent ROE (25.77%) is above the historical average (11.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -10.04% | -12.78% | 0.39x | 2.02x | $-126.51 Million |
| 2003 | -19.87% | -37.08% | 0.26x | 2.05x | $-238.51 Million |
| 2004 | 12.10% | 13.08% | 0.53x | 1.73x | $19.04 Million |
| 2005 | 11.45% | 9.20% | 0.68x | 1.82x | $14.90 Million |
| 2006 | 8.37% | 7.72% | 0.70x | 1.54x | $-18.08 Million |
| 2007 | -22.87% | -39.68% | 0.35x | 1.66x | $-298.29 Million |
| 2008 | 3.45% | 5.39% | 0.41x | 1.55x | $-58.21 Million |
| 2009 | -13.76% | -17.38% | 0.59x | 1.34x | $-248.81 Million |
| 2010 | 2.80% | 2.85% | 0.75x | 1.30x | $-94.71 Million |
| 2011 | -7.21% | -7.42% | 0.75x | 1.29x | $-212.00 Million |
| 2012 | -3.76% | -3.25% | 0.92x | 1.26x | $-160.80 Million |
| 2013 | 1.18% | 1.38% | 0.71x | 1.20x | $-102.80 Million |
| 2014 | 22.06% | 18.05% | 0.92x | 1.33x | $145.54 Million |
| 2015 | 34.89% | 24.38% | 1.04x | 1.37x | $315.65 Million |
| 2016 | 37.28% | 22.69% | 0.84x | 1.95x | $385.14 Million |
| 2017 | 34.78% | 20.87% | 0.93x | 1.80x | $446.22 Million |
| 2018 | 33.23% | 20.88% | 0.90x | 1.77x | $551.93 Million |
| 2019 | 28.77% | 19.85% | 0.90x | 1.62x | $557.80 Million |
| 2020 | 20.63% | 17.88% | 0.73x | 1.58x | $357.60 Million |
| 2021 | 20.94% | 17.86% | 0.76x | 1.55x | $432.50 Million |
| 2022 | 15.89% | 14.48% | 0.70x | 1.57x | $274.70 Million |
| 2023 | 19.02% | 17.49% | 0.68x | 1.59x | $473.30 Million |
| 2024 | 25.77% | 23.85% | 0.68x | 1.59x | $1.03 Billion |
Industry Comparison
This section compares Mycronic AB (publ)'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mycronic AB (publ) (MICLF) | $6.78 Billion | -10.04% | 0.53x | $2.71 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |