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← CockpitCompetitor Analysis › CICN.SW Cicor TechnologiesOpen in the cockpit ↗

Cicor TechnologiesCICN.SWCompetitor analysis, valuation and peers

Switzerland · CHF·Information Technology›Electronic Components
Momentum weak 29
Mkt cap
$758M
US dollars, full cap
Free float
51%
of shares outstanding
$/day
$1.80M
20-day average traded
Fwd P/E
18.2×
forward earnings
ROIC−WACC
+3.9 pp
WACC 5.0%
Hurdle
-18 pp
Req g minus delivered
Next earnings
125 days
11 Mar 2027
Close · CHFCHF 132.40
1D+4.9%
1W+0.8%
1M-4.8%
3M+2.0%
6M-5.7%
YTD+4.2%
1Y-36.4%
ATR %4.5%
52w lowhigh36.0% off high

What Cicor Technologies does

Employees: 4,524

Cicor Technologies at a glance

Size Cicor Technologies (CICN.SW) is a Switzerland Information Technology company (Electronic Components) with a market value of $758M, the 127th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 132.40 on 6 Nov 2026.

Performance Over six months the shares fell 5.7%, against -17.0% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 26.3% over the last twelve months (peer median +9.5%); the operating margin is 4.0% (peer median 7.6%).

Valuation It trades at 18.2× forward earnings against a peer median of 18.4× (8th cheapest of 15).

Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -18 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.9 points above its cost of capital (5.0% WACC).

Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026CICN.SW 94Peer median 81
Six months, rebased to 100: Cicor Technologies against the median of its 20 peers (local-currency closes).

Cicor Technologies financials

Reported figures in CHF; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCHF 670MCHF 616MCHF 481MCHF 390MCHF 313M
Revenue growth—+28%+23%+24%—
Gross profitCHF 93.4MCHF 90.8MCHF 83.3MCHF 64.2MCHF 41.8M
EBITDACHF 54.5MCHF 53.9MCHF 57.6MCHF 43.7MCHF 31.7M
Net incomeCHF 14.9MCHF 16.9MCHF 27.3MCHF 11.8MCHF 3.82M
Free cash flowCHF 28.7MCHF 49.9MCHF 61.7MCHF 26.4M-CHF 21.3M
Capital expenditureCHF 17.6MCHF 13.9MCHF 13.9MCHF 12.7MCHF 11.4M
Total debtn/aCHF 170MCHF 124MCHF 160MCHF 179M

Quarterly statements and history in the cockpit →

Cicor Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-20%0%69963011322472LEHN351530018368756884163008026002376888166886553003512367300964HTROBSL3605600817002885CICN.SW6-month return →1-month return →
Up and to the right = strong over both horizons. Cicor Technologies is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×20×40×69962472LEHN351568756884163008026002373003512367HTROBSL3605600817CICN.SWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Cicor Technologies is the large dot.

Capital: growth delivered against growth the price implies

0%+10%+20%+30%0%20%69962472LEHN688416300802600237688816HTROBSL600817002885CICN.SWGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Cicor Technologies is the large dot.

Cicor Technologies competitors and peer comparison

How Cicor Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Cicor Technologies against its 20 peers (data as of 6 Nov 2026)
MeasureCICN.SWPeer medianRank in peer set
1-month return-4.8%-18.0%3rd highest of 21
6-month return-5.7%-17.0%5th highest of 21
Distance from 52-week high-36.0%-43.3%7th highest of 21
Revenue growth (TTM)+26.3%+9.5%7th highest of 21
Operating margin4.0%7.6%7th lowest of 21
Forward P/E18.2×18.4×8th cheapest of 15
Growth the price implies (Req g, 7 yrs)5.8%19.8%2nd least demanding of 12
Growth delivered (Del g)+23.5%+10.0%3rd highest of 12
Hurdle (Req g minus delivered)-17.7 pp+7.3 ppleast demanding of 12
ROIC minus cost of capital+3.9 pp-0.4 pp6th highest of 21
EV / EBITDA12.9×12.1×5th cheapest of 9
Net debt / EBITDA1.5×-0.2×4th most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Cicor Technologies CICN.SWSwitzerland$758M-6%+26%4%18.2×5.8%+23.5%
Nichicon 6996.TJapan$758M-27%0%5%13.0×15.3%+7.9%
Ji'an Mankun Technology 301132.SZChina$751M+38%+32%9%n/an/an/a
Lelon Electronics 2472.TWTaiwan$750M-20%+10%20%10.9×8.2%+7.6%
LEM LEHN.SWSwitzerland$768M+74%-6%9%20.0×6.4%-0.9%
ASRock 3515.TWTaiwan$747M-16%+29%7%8.9×n/an/a
Qingdao Eastsoft Communication Technology 300183.SZChina$745M-23%+4%-6%n/an/an/a
Megachips 6875.TJapan$772M-17%+2%1%3.4×n/an/a
Zbit Semiconductor 688416.SSChina$798M-34%+122%19%27.3×30.7%+13.5%
Jutze Intelligent Technology 300802.SZChina$801M-6%+18%12%39.4×32.6%+10.0%
Anhui Tongfeng Electronics 600237.SSChina$714M-15%-6%10%32.8×19.8%+10.7%
Isvision (Hangzhou) Technology 688816.SSChina$713M-23%+14%11%n/a27.0%+26.3%
Shenzhen Xunjiexing Technology 688655.SSChina$810M-13%+70%0%n/an/an/a
Zhejiang Yonggui Electric Equipment 300351.SZChina$703M-47%+15%-1%30.9×n/an/a
Unitech Printed Circuit Board 2367.TWTaiwan$701M-46%-13%-5%45.8×n/an/a
Jiangsu Allfavor Intelligent Circuits Technology 300964.SZChina$821M+1%+78%8%n/an/an/a
Hexatronic HTRO.STSweden$821M-17%+7%6%15.0×12.9%+28.3%
Basler BSL.DEGermany$823M-7%+31%15%19.1×23.8%+5.7%
ACES Electronics 3605.TWTaiwan$689M+43%+9%6%17.7×n/an/a
Yutong Heavy Industries 600817.SSChina$685M-25%-13%9%16.1×-4.9%+0.1%
Shenzhen Jingquanhua Electronics 002885.SZChina$840M-34%+9%4%n/a27.6%+20.6%

Questions

Which companies are Cicor Technologies's closest peers?
The cockpit's peer set: Nichicon (6996.T), Ji'an Mankun Technology (301132.SZ), Lelon Electronics (2472.TW), LEM (LEHN.SW), ASRock (3515.TW), Qingdao Eastsoft Communication Technology (300183.SZ), Megachips (6875.T), Zbit Semiconductor (688416.SS).
Is Cicor Technologies expensive compared with its peers?
On forward p/e it trades at 18.2× against a peer median of 18.4×, 8th cheapest of 15 in its peer set. For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -18 pp: the price already allows for a slowdown.
How has Cicor Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned -5.7% against -17.0% for the median peer; over one year -36.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.