MICLF (Mycronic AB) ROA %: 24.99% (As of Mar. 2026) — 53% Above Median


MICLF Mycronic AB MICLF
91 GF Score
Price $32.92
GF Value $22.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mycronic AB ROA %?

Mycronic AB MICLF +13.56% 91 ROA % is 24.99% as of Mar. 2026, which is 53% above its 10-year median of 16.29. GuruFocus rates MICLF with a GF Score™ of 91/100 and a GF Value™ of $22.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,081 Industrial Products companies, Mycronic AB ranks better than 95.59% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mycronic AB's annualized Net Income for the quarter that ended in Mar. 2026 was $307.0 Mil. Mycronic AB's average Total Assets over the quarter that ended in Mar. 2026 was $1,228.2 Mil. Therefore, Mycronic AB's annualized ROA % for the quarter that ended in Mar. 2026 was 24.99%.

The historical rank and industry rank for Mycronic AB's ROA % or its related term are showing as below:

MICLF' s ROA % Range Over the Past 10 Years
Min: 11   Med: 16.29   Max: 23.4
Current: 15.23

During the past 13 years, Mycronic AB's highest ROA % was 23.40%. The lowest was 11.00%. And the median was 16.29%.

MICLF's ROA % is ranked better than
95.59% of 3081 companies
in the Industrial Products industry
Industry Median: 3.06 vs MICLF: 15.23

Mycronic AB  (OTCPK:MICLF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=306.96/1228.2045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(306.96 / 1074.572)*(1074.572 / 1228.2045)
=Net Margin %*Asset Turnover
=28.57 %*0.8749
=24.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Mycronic AB ROA % Related Terms


Mycronic AB ROA % Historical Data

* Premium members only.

The historical data trend for Mycronic AB's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mycronic AB ROA % Chart

Mycronic AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.90 10.33 12.80 17.40 15.81

Mycronic AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.64 17.60 8.36 10.33 24.99

MICLF vs GEV, ETN, PH: ROA % Comparison

For the Specialty Industrial Machinery subindustry, Mycronic AB's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mycronic AB ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mycronic AB's ROA % distribution charts can be found below:

* The bar in red indicates where Mycronic AB's ROA % falls into.


MICLF
91GF Score
Mycronic AB MICLF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mycronic AB ROA % Calculation

Mycronic AB's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=167.859/( (947.838+1175.23)/ 2 )
=167.859/1061.534
=15.81 %

Mycronic AB's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=306.96/( (1175.23+1281.179)/ 2 )
=306.96/1228.2045
=24.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 24.99% mean?
Mycronic AB (MICLF) has a ROA % of 24.99% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mycronic AB and its competitors. This is 53% above median its historical median of 16.29. Over the past decade, Mycronic AB's ROA % has ranged from 11.00 to 23.40. According to the industry distribution chart, Mycronic AB ranks #136 out of 3081 companies in the Industrial Products industry, placing it in the top 4.4%.
Is Mycronic AB's ROA % too high?
Mycronic AB's current ROA % of 24.99% is 53% above median its 10-year median of 16.29. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 23.40. The Industrial Products industry median ROA % is 3.06. Mycronic AB's value of 24.99% is 716.7% above this industry median. Based on the distribution chart, Mycronic AB ranks #136 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mycronic AB has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mycronic AB's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mycronic AB ranks #136 out of 3081 companies for ROA %. This places Mycronic AB in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 3.06. Mycronic AB's value of 24.99% is 716.7% above this benchmark. Historically, Mycronic AB's own ROA % has ranged from 11.00 to 23.40 over the past decade. While the company's 10-year median is 16.29 vs. the industry median of 3.06, Mycronic AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,081 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mycronic AB's current ROA % of 24.99% is 716.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mycronic AB and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycronic AB's current ROA % is 24.99%, which is 53% above median its own 10-year median of 16.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycronic AB stock overvalued right now?
Based on GuruFocus' analysis, Mycronic AB (MICLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.18, compared to a current price of $32.92 — trading 48.4% above its estimated fair value. The current ROA % is 24.99%, which is 53% above median its 10-year median of 16.29 and 716.7% above the Industrial Products industry median of 3.06. Mycronic AB's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Mycronic AB (MICLF), the current ROA % is 24.99% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mycronic AB (MICLF) Overvalued in 2026?

Based on GuruFocus' analysis, Mycronic AB stock appears to be overvalued. The current stock price of $32.92 is trading 48.4% above its estimated GF Value™ of $22.18. GuruFocus considers Mycronic AB to be Significantly Overvalued.

Key valuation signals for MICLF:

  • ROA %: 24.99% (53% above median its 10-year median of 16.29)
  • GF Value™: $22.18 vs. price of $32.92 (48.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 716.7% above the Industrial Products median (#136 of 3081)

No single metric tells the full story. See the MICLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mycronic AB Business Description

Address Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, & markets mask writers & measuring machines for the production of photomasks for displays; The PCB Assembly Solutions division develops, manufactures, and markets flexible PCB assembly solutions, including jet printing, stencil printing, 3D inspection, component placement, and automated storage solutions. The High Volume division develops, manufactures, & markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation. The majority of its revenue is generated from the PCB Generators segment.
91GF Score

Get the complete analysis for MICLF

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.92
Price
$22.18
GF Value