Mycronic ABMICLF +13.56%91 ROE % is 38.15% as of Mar. 2026, which is 48% above its 10-year median of 25.73. 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 3,009 Industrial Products companies, Mycronic AB ranks better than 92.42% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was $804.7 Mil. Therefore, Mycronic AB's annualized ROE % for the quarter that ended in Mar. 2026 was 38.15%.
The historical rank and industry rank for Mycronic AB's ROE % or its related term are showing as below:
MICLF'
s ROE % Range Over the Past 10 Years
Min: 17.2 Med: 25.73 Max: 39.28
Current: 23.23
During the past 13 years, Mycronic AB's highest ROE % was 39.28%. The lowest was 17.20%. And the median was 25.73%.
MICLF's ROE % is ranked better than 92.42% of 3009
companies
in the Industrial Products industry
Industry Median: 5.91
vs MICLF: 23.23
Mycronic AB (OTCPK:MICLF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Mycronic AB ROE % Related Terms
Mycronic AB ROE % Historical Data
* Premium members only.
The historical data trend for Mycronic AB's ROE % 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.
For the Specialty Industrial Machinery subindustry, Mycronic AB's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mycronic AB's ROE % distribution charts can be found below:
* The bar in red indicates where Mycronic AB's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Mycronic AB (MICLF) has a ROE % of 38.15% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mycronic AB and its competitors. This is 48% above median its historical median of 25.73. Over the past decade, Mycronic AB's ROE % has ranged from 17.20 to 39.28. According to the industry distribution chart, Mycronic AB ranks #228 out of 3009 companies in the Industrial Products industry, placing it in the top 7.6%.
Is Mycronic AB's ROE % too high?
Mycronic AB's current ROE % of 38.15% is 48% above median its 10-year median of 25.73. Over the past 10 years, this metric has ranged from a low of 17.20 to a high of 39.28. The Industrial Products industry median ROE % is 5.91. Mycronic AB's value of 38.15% is 545.5% above this industry median. Based on the distribution chart, Mycronic AB ranks #228 out of 3009 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 ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mycronic AB ranks #228 out of 3009 companies for ROE %. This places Mycronic AB in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 5.91. Mycronic AB's value of 38.15% is 545.5% above this benchmark. Historically, Mycronic AB's own ROE % has ranged from 17.20 to 39.28 over the past decade. While the company's 10-year median is 25.73 vs. the industry median of 5.91, 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mycronic AB's current ROE % of 38.15% is 545.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mycronic AB and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycronic AB's current ROE % is 38.15%, which is 48% above median its own 10-year median of 25.73. 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 ROE % is 38.15%, which is 48% above median its 10-year median of 25.73 and 545.5% above the Industrial Products industry median of 5.91. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Mycronic AB (MICLF), the current ROE % is 38.15% 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:
ROE %: 38.15% (48% above median its 10-year median of 25.73)
GF Value™: $22.18 vs. price of $32.92 (48.4% above fair value)
Industry Position: 545.5% above the Industrial Products median (#228 of 3009)
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 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
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