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Employees: 1,570
Size Mikron (MIKN.SW) is a Switzerland Industrials company (Industrial Machinery) with a market value of $313M, the 157th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 15.60 on 6 Nov 2026.
Performance Over six months the shares fell 3.4%, against -28.8% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue fell 1.2% over the last twelve months (peer median +19.3%); the operating margin is 9.2% (peer median 5.8%).
Valuation It trades at 10.3× forward earnings against a peer median of 11.0× (4th cheapest of 8).
Price implies For today's price to make sense, revenue must grow about -17% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -25 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 14.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 5 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CHF 371M | CHF 382M | CHF 374M | CHF 370M | CHF 309M |
| Revenue growth | — | +2% | +1% | +20% | — |
| Gross profit | CHF 88.6M | CHF 87.9M | CHF 78.2M | CHF 78.9M | CHF 62.1M |
| EBITDA | CHF 44.0M | CHF 46.9M | CHF 36.9M | CHF 40.7M | CHF 32.3M |
| Net income | CHF 28.1M | CHF 32.5M | CHF 27.9M | CHF 28.8M | CHF 24.2M |
| Free cash flow | CHF 5.21M | -CHF 12.0M | CHF 50.8M | CHF 2.88M | CHF 16.6M |
| Capital expenditure | CHF 21.4M | CHF 25.7M | CHF 21.3M | CHF 9.01M | CHF 11.3M |
| Total debt | n/a | CHF 2.06M | CHF 2.77M | CHF 3.79M | CHF 5.58M |
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.
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.
| Measure | MIKN.SW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.3% | -15.8% | highest of 21 |
| 6-month return | -3.4% | -28.8% | 3rd highest of 21 |
| Distance from 52-week high | -27.8% | -43.2% | 3rd highest of 21 |
| Revenue growth (TTM) | -1.2% | +19.3% | 4th lowest of 21 |
| Operating margin | 9.2% | 5.8% | 7th highest of 21 |
| Forward P/E | 10.3× | 11.0× | 4th cheapest of 8 |
| Growth the price implies (Req g, 7 yrs) | -17.2% | 7.9% | least demanding of 10 |
| Growth delivered (Del g) | +8.2% | +11.4% | 5th lowest of 10 |
| Hurdle (Req g minus delivered) | -25.4 pp | +1.2 pp | 2nd least demanding of 10 |
| ROIC minus cost of capital | +14.0 pp | -3.8 pp | 2nd highest of 20 |
| EV / EBITDA | 3.6× | 13.7× | cheapest of 10 |
| Net debt / EBITDA | -2.2× | -0.7× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mikron MIKN.SW | Switzerland | $313M | -3% | -1% | 9% | 10.3× | -17.2% | +8.2% |
| Shandong Zhangqiu Blower 002598.SZ | China | $313M | -17% | -7% | 5% | n/a | 3.8% | +11.4% |
| Ningbo Water Meter 603700.SS | China | $314M | -19% | +20% | 1% | n/a | n/a | n/a |
| Symtek Automation Asia 6438.TW | Taiwan | $314M | -30% | +18% | 9% | 14.9× | n/a | n/a |
| SNTEnergy 100840.KS | South Korea | $311M | -59% | +7% | 20% | 5.8× | n/a | n/a |
| Qingdao Guolin Technology 300786.SZ | China | $311M | -31% | +39% | -4% | n/a | n/a | n/a |
| Zhejiang Taifu Pump 300992.SZ | China | $311M | -29% | +21% | 3% | n/a | 27.1% | +17.1% |
| Xian Typical Industries 600302.SS | China | $310M | -37% | -16% | -57% | n/a | n/a | n/a |
| Protec 053610.KS | South Korea | $316M | -42% | +47% | 25% | 8.5× | n/a | n/a |
| Desiccant Technology 5292.TW | Taiwan | $306M | +5% | +5% | 18% | n/a | -5.2% | +20.8% |
| HLE Glascoat HLEGLAS.NS | India | $306M | +16% | +26% | 6% | n/a | 37.3% | +22.8% |
| Shenzhen Intelligent Precision Instrument 301512.SZ | China | $320M | -20% | 0% | 5% | n/a | n/a | n/a |
| Shanghai CEO Technology 688335.SS | China | $321M | -55% | +29% | -8% | n/a | n/a | n/a |
| Jiangsu Liance Electromechanical Technology 688113.SS | China | $321M | -23% | +10% | 18% | n/a | 7.9% | +6.7% |
| Windsor Machines WINDMACHIN.NS | India | $322M | -7% | +36% | 0% | n/a | n/a | n/a |
| JPP 5284.TW | Taiwan | $323M | -47% | +50% | 22% | 10.1× | -0.6% | +21.0% |
| Qingdao Daneng Environmental Protection Equipment 688501.SS | China | $323M | -29% | -15% | 9% | 14.1× | n/a | n/a |
| Asahi Diamond Industrial 6140.T | Japan | $302M | -24% | +5% | 8% | 12.5× | 13.8% | +6.9% |
| Guangdong Jialong Food 002495.SZ | China | $302M | -21% | +10% | 5% | n/a | 16.8% | +0.4% |
| HANGZHOU INNOVER TECHNOLOGY 002767.SZ | China | $325M | -30% | +25% | 1% | n/a | n/a | n/a |
| Technoflex 3449.T | Japan | $326M | -41% | +22% | 19% | 11.0× | 3.0% | +6.8% |