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.
Silex Microsystems AB is a Sweden-based semiconductor company specializing in pure-play foundry services for micro-electro-mechanical systems (MEMS). Headquartered in Järfälla, Sweden and founded in 2000, the company provides advanced engineering and manufacturing capabilities that enable customers to develop and produce customized MEMS devices. Its services span process development, prototyping, and high-volume wafer-level manufacturing, supporting applications in sectors such as medical technology, consumer electronics, telecommunications, and automotive systems. Silex Microsystems AB focuses on customer-specific device designs rather than standardized end products, working as an outsourced manufacturing partner for OEMs and technology firms. The company’s offering includes critical MEMS fabrication processes such as lithography, etching, thin-film deposition, wafer bonding, and testing on silicon wafers. By operating as a dedicated MEMS foundry, Silex Microsystems AB plays an important role in the microelectronics supply chain, helping customers translate novel sensor, actuator, and microstructure concepts into reliable, scalable components used in a wide range of high-performance electronic systems.
kr 15.45
+kr 1.02 (+7.07%)
EOD Jun 25, 2026 · Twelve Data
Margins and capital returns are both well above average: 26.43% operating margin, ROIC at 15.72%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 13.0% YoY with margins expanding 4.2pp. However, free cash flow softened 47%, worth monitoring whether this is timing or structural.
Free cash flow declined 47% versus the prior year, cash generation momentum has weakened.
6.9x earnings, 11.7x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 1.39B
▲ +13.0% YoY
Net Income (TTM)
kr 269M
▼ -1.5% YoY
Op. Margin
26.43%
▲ +4.2pp YoY
ROIC
15.72%
▲ +4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 158M
▼ -47.2% YoY
Op. Cash Flow (TTM)
kr 353M
▲ +9.6% YoY
Net Debt
kr 101M
Cash & Equiv.
kr 266M
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At a P/E of 6.9 and a price-to-free-cash-flow of 11.7, Silex Microsystems AB (SILEX.XSTO) trades below a two-stage DCF intrinsic value of about SEK 22.05 per share, so at SEK 15.45 the stock looks undervalued (42.7% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Silex Microsystems AB scores 76/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 13.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SEK 22.05 per share for SILEX.XSTO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SEK 16.54. At today's SEK 15.45, that puts the stock about 42.7% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Silex Microsystems AB scores 76 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 26.4% operating margin and a 15.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Silex Microsystems AB pays a regular dividend of about SEK 2.09 per share per year (typically in quarterly installments), a yield of roughly 13.5% at the current price. That is a payout ratio of about 92.9% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For SILEX.XSTO's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. SILEX.XSTO currently trades below its estimated intrinsic value and scores 76/100 on quality (solid). It also yields about 13.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.