EN DE

Silex Microsystems AB (SILEX) Fair Value & Analysis

Technology · SE · Market cap 20.6B SEK (≈ $2.2B) · ISIN SE0028000190

What is Silex Microsystems AB really worth?

SM Silex Microsystems AB SILEX · ST
Pricekr 173.60
Fair Valuekr 64.10
Upside−63.1%
Quality72/100

A solid business, but trading 171% above our fair value of kr 64.10.

Watch Silex Microsystems AB for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Healthy Growth (revenue YoY +13.0 %/yr)
Highly profitable · 25.0% net margin
Low debt · generates free cash flow
Wide moat 96/100

Risks

!Mixed vs. peers (6/14)
!Weak on dividend: 24 out of 100
Evidence: High Range kr 32.72 – kr 85.72

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 22 days ago

Share price +0.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • A high-quality business (quality 72/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (kr 85.72). The favourable scenario is already priced in.
  • The model range is unusually wide (kr 32.72 to kr 85.72). The outcome hinges heavily on assumptions, so read the point estimate with caution.

Price vs Fair Value (4 months)

kr 311.00 kr 160.45 Fair Value kr 64.10 May 2026 Sep 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

4‑month range kr 160.45 – kr 311.00 · fair‑value band kr 32.72 – kr 85.72 · the kr 173.60 price screens above the kr 64.10 fair value. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Silex Microsystems AB (SILEX) currently trades at kr 173.60, while our model-based Fair Value estimate is kr 64.10, implying the stock looks roughly 170.9% overvalued today. The Quality Score stands at 72/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of kr 56.91 per share, and 0 of the 24 models we run sit above the kr 173.60 price. Bear case: the Asset-Based group reads lowest at kr 8.74, and 24 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Silex Microsystems AB generated revenue of 1.5B SEK at a net margin of 25.0%. Revenue grew 27.6% year over year. The stock trades on a trailing P/E of 49.9 (as of Aug 2, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 32.72 (bear case) to kr 85.72 (bull case); at kr 173.60, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 52% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −71% fair-value upside, at −63%, SILEX screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly kr 2.33 per share, which is 3.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EPV kr 25.86 kr 30.04 kr 33.70 71
FCF DCF kr 19.73 kr 35.94 kr 64.73 70
Growth DCF kr 19.52 kr 34.19 kr 59.43 68
All 24 models by family
DCF Models
FCF DCF kr 19.73 kr 35.94 kr 64.73 70
Owner Earnings kr 24.65 kr 45.06 kr 81.33 66
5Y Revenue Exit kr 27.40 kr 51.14 kr 84.20 64
5Y EBITDA Exit kr 45.08 kr 88.16 kr 143.71 66
5Y P/E Exit kr 39.42 kr 76.31 kr 119.55 62
10Y Revenue Exit kr 23.64 kr 45.49 kr 80.54 58
10Y EBITDA Exit kr 36.50 kr 72.86 kr 131.11 59
10Y P/E Exit kr 32.72 kr 64.10 kr 110.58 55
Earnings-Based
Graham-Dodd kr 16.65 kr 81.42 kr 112.21 57
Lynch FV kr 21.86 kr 31.23 kr 40.60 55
PEG = 1.0 kr 21.86 kr 31.23 kr 40.60 52
EPV kr 25.86 kr 30.04 kr 33.70 71
Multiples
P/E Multiple kr 51.43 kr 68.58 kr 85.72 63
P/S Multiple kr 31.23 kr 41.64 kr 52.05 58
P/B Multiple kr 31.23 kr 41.64 kr 52.05 55
EV/EBIT kr 60.77 kr 80.77 kr 100.76 66
EV/EBITDA kr 61.14 kr 81.26 kr 101.38 67
EV/Revenue kr 31.12 kr 44.11 kr 57.11 54
Asset-Based
NCAV (Graham) kr 6.52 kr 8.74 kr 13.04 54
Growth DCF
Growth DCF kr 19.52 kr 34.19 kr 59.43 68
Rev-Margin DCF kr 27.40 kr 50.19 kr 80.10 64
Economic Profit
Residual Income kr 16.09 kr 21.26 kr 78.94 57
ROIC Compounder kr 29.59 kr 39.88 kr 53.31 65
Growth Earnings
Growth-Adj P/E kr 39.84 kr 56.91 kr 73.98 61

Widest divergence: Growth Earnings (kr 56.91) versus Asset-Based (kr 8.74). Highest evidence: EPV (71).

Notify me when SILEX reaches fair value

Put SILEX on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 49.9 as of Aug 2, 2026
P/S ratio 9.68 P/E × margin
EPS (TTM) kr 3.45 price ÷ EPS = P/E 49.9
Dividend yield 1.2% payout 61.2%
Net margin 19.4% FY2025
Return on assets (EBIT) 12.9% avg 3y
More key figures
Profitability
Operating margin 29.3% TTM
Growth
Revenue (TTM) 1.5B SEK TTM
Revenue growth (YoY) +27.6%
EPS growth (YoY) +124%
Balance sheet & cash flow
Free cash flow 158M SEK FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 72/100

Of which business quality 68 · Market factors (momentum, volatility) 24

Profitability 72
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Silex Microsystems AB (publ) manufactures and sells foundry services for micro-electro-mechanical systems (MEMS). It offers services, including MEMS engineering, manufacturing, and wafer-level processing. The company was incorporated in 2000 and is based in Järfälla, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2023 – FY2025 · reported fiscal years

Silex Microsystems AB reported revenue of 1.4B SEK in FY2025 versus 1.1B SEK in FY2023, a compound +12.5%/yr. Reported net income was 269M SEK in FY2025, compounding +12.1%/yr from FY2023.

Growth Quality 93/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.4B SEK
Latest YoY
+13.0%
Value creation/yr We only publish this rate when it is defensible. Reason: only 3 usable fiscal years, at least 4 required
not computed
Revenue +12.5%/yr
FY23 1.1B SEK
FY24 1.2B SEK
FY25 1.4B SEK
Net income +12.1%/yr
FY23 214M SEK
FY24 273M SEK
FY25 269M SEK

SILEX screens 171% overvalued. Compare with ASML Holding →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Silex Microsystems AB Fair Value". https://www.fairvalue-calculator.com/stock/SILEX

Peer Group

Semiconductor Equipment & Materials · 213 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 72 · Top 25%
Fair Value upside −63% · Below median
Return on assets 0% · Bottom 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 29% · Top 25%
Revenue growth 28% · Above median
Dividend yield (TTM) 1.2% · Above median
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/E (TTM) 49.9× · Cheaper than median
P/B 14.36× · Pricier than 75% of peers
P/S (TTM) 13.62× · Pricier than 75% of peers
P/FCF 13.6× · Pricier than median
EV/EBITDA 37.2× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 59
PAST0 · sector 30
HEALTH94 · sector 96
DIVIDEND24 · sector 17

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML €1,494 €604.27 −60%
Applied Materials, Inc AMAT $482.36 $183.10 −62%
Lam Research Corporation LRCX $301.90 $91.80 −70%
KLA Corporation KLAC $175.54 $74.58 −58%
NAURA Technology Group 002371 ¥707.90 ¥205.30 −71%
Teradyne, Inc TER $354.97 $65.80 −81%
Advanced Micro-Fabrication Equipment Inc 688012 ¥380.95 ¥55.05 −86%
Piotech Inc 688072 ¥685.11 ¥89.27 −87%
Hon. Precision, Inc 7769 6,445 TWD 1,804 TWD −72%
Hangzhou Changchuan Technology Co 300604 ¥284.80 ¥46.26 −84%

Compare Silex Microsystems AB with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Silex Microsystems AB (SILEX) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 64.10 versus a price of kr 173.60, about −63% upside (overvalued).
What is the fair value of SILEX?
Our model-based fair value for Silex Microsystems AB is kr 64.10 (as of Aug 13, 2026), built from audited fundamentals. The current price: kr 173.60.
What is the quality score of SILEX?
Silex Microsystems AB has a Quality Score of 72/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Silex Microsystems AB (SILEX)?
Silex Microsystems AB reported trailing-twelve-month revenue of about 1.5B SEK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SILEX?
The net profit margin of Silex Microsystems AB is about 25.0%, meaning it keeps roughly 25.0% of revenue as net income. Based on the latest reported figures.
Does Silex Microsystems AB pay a dividend?
Silex Microsystems AB currently shows a dividend yield of about 1.22% relative to its recent price (as of Aug 13, 2026).
Free · no account needed

Watch Silex Microsystems AB in the live analysis

One click puts Silex Microsystems AB on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.