Mycronic AB Fair Value
MI
The fair market value of MICLF stock is 42.64 USD. Relative to the market price of 36.2 USD Mycronic AB is undervalued by 17.8%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Mycronic AB Valuation
Current MICLF share ticker price is 36.2 USD.
The fair value level of 42.64 USD can be considered as an effective entry point for long-term investors to start investing in MICLF stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 18% lower its fair value
Current price is 7% higher its minimum value
Current price is 47% lower its maximum value
Market price:
MICLF stock is undervalued
It means the current price may concern as a Moderate Risk Entry Point
Mycronic AB (publ) Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
32.8
2
Median P/E over 5 years
26.31
3
Minimum P/E over 5 years
20.8
4
Earning per share (last 12 months)
17.67 SEK
Maximum value
1
x
4
=
53.16 USD
Fair value
2
x
4
=
42.64 USD
Minimum value
3
x
4
=
33.7 USD
Mycronic AB (publ) price metrics
21.12
Annual return (geometric mean)
38.84
Risk (standard deviation) of returns
β
0.83
Beta (volatility compared to market)