Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Memscap SA is a France-based company specializing in high-value Micro-Electro-Mechanical Systems (MEMS) technology, recognized as a leader in providing innovative products and solutions. Founded in 1997, it designs, manufactures, and markets ultra-high precision and stability pressure sensors primarily for the avionics, aerospace, defense, and medical markets, with applications in air data computers, cabin pressure systems, patient monitoring in intensive care units, and dialysis equipment. The company also supplies Variable Optical Attenuator (VOA) chips for fiber optics and optical communications networks, alongside royalties from trademarks like IOMA®. Operating in high-growth segments including medical/biomedical and adaptive optics, Memscap SA emphasizes miniaturization, reliability, low power consumption, and cost efficiency, supported by one of the world's largest MEMS intellectual property portfolios. With over 20 years of experience, its sensors equip most civil aircraft, helicopters, and drones, positioning it as the number one supplier of pressure sensors for air data computers and a top player in aerospace and telecom markets. Memscap SA maintains a 'fablite' model, focusing on design and key manufacturing while securing strategic supply agreements.
Operating margin is thin at 8.35%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 5.3% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
€12M
▼ -5.3% YoY
Net Income (TTM)
€894K
▼ -34.9% YoY
Op. Margin
8.35%
▼ -0.9pp YoY
ROIC
4.27%
▼ -0.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1M
▲ +269.9% YoY
Op. Cash Flow (TTM)
€1M
▲ +137.2% YoY
Net Debt
€21K
Cash & Equiv.
€4M
3Y CAGR: +8.7%
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