MICLF (Mycronic AB) ROCE %: 42.06% (As of Mar. 2026)


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 ROCE %?

Mycronic AB MICLF +13.56% 91 ROCE % is 42.06% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Mycronic AB's annualized ROCE % for the quarter that ended in Mar. 2026 was 42.06%.

Mycronic AB  (OTCPK:MICLF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Mycronic AB ROCE % Related Terms

Mycronic AB ROCE % Historical Data

* Premium members only.

The historical data trend for Mycronic AB's ROCE % 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 ROCE % Chart

Mycronic AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.05 17.17 23.08 31.20 27.94

Mycronic AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 44.87 30.83 13.61 17.12 42.06
MICLF
91GF Score
Mycronic AB MICLF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mycronic AB ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=213.805/( ( (947.838 - 291.761) + (1175.23 - 301.071) )/ 2 )
=213.805/( (656.077+874.159)/ 2 )
=213.805/765.118
=27.94 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=385.952/( ( (1175.23 - 301.071) + (1281.179 - 320.053) )/ 2 )
=385.952/( ( 874.159 + 961.126 )/ 2 )
=385.952/917.6425
=42.06 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 42.06% mean?
Mycronic AB (MICLF) has a ROCE % of 42.06% as of Mar. 2026.
Is Mycronic AB's ROCE % too high?
Mycronic AB's current ROCE % is 42.06%. The Industrial Products industry median ROCE % is 7.10. Mycronic AB's value of 42.06% is 492.4% above this industry median. 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 ROCE % compare to GEV and ETN?
Mycronic AB's ROCE % of 42.06% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Mycronic AB's value of 42.06% is 492.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mycronic AB's current ROCE % of 42.06% is 492.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycronic AB's current ROCE % is 42.06%. 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 ROCE % is 42.06% and 492.4% above the Industrial Products industry median of 7.10. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Mycronic AB (MICLF), the current ROCE % is 42.06% 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:

  • ROCE %: 42.06%
  • GF Value™: $22.18 vs. price of $32.92 (48.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 492.4% above the Industrial Products median

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

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

$32.92
Price
$22.18
GF Value