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Stock Comparison · Structural lead, mixed market

Garmin vs Mycronic AB (publ): Which Stock Looks Stronger in 2026?

Mycronic AB (publ) holds the cleaner structural position, with the lead spread across growth and profitability. Garmin still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (GRMN: Russell 1000, MYCR.ST: STOXX 600).

Updated 2026-06-14

The lead is spread across growth and profitability, rather than sitting in one isolated gap. The overall score gap is 9 points in favour of Mycronic AB (publ).

Trajectory Similarity
0.74
Similar
Peer-set rank: #10
within Garmin Ltd.'s functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

The match is driven mainly by capital structure and revenue growth trajectory.

Similarity drivers
capital structurerevenue growth trajectory
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
GRMN
Garmin Ltd.
51
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000
vs
MYCR.ST
Mycronic AB (publ)
60
Peer-Score
Signal qualityHigh
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: GRMN vs MYCR.ST Profitability 34 76 Stability 59 51 Valuation 70 37 Growth 38 80 GRMN MYCR.ST
Gap Ranking
#1 Growth +42
#2 Profitability +42
#3 Valuation +33
#4 Stability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for GRMN and MYCR.ST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer GRMNMYCR.ST Relative valuation Structural strength

The price setup looks more supportive for Mycronic AB (publ), but Garmin Ltd. still has the stronger structure.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
On growth, Mycronic AB (publ) ranks near the top of the group; Garmin Ltd. sits in the weaker half.
Profitability
On profitability, the gap still runs the same way: Mycronic AB (publ) sits near the top of the group, while Garmin Ltd. remains in the weaker half.
Growth — Dominant Gap
GRMN
38
MYCR.ST
80
Gap+42in favour of MYCR.ST

The current lead is backed by a stronger multi-year growth trajectory.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Garmin, with a trailing P/E that is 9.5 turns lower there.

What this means for the comparison

The lead is built on both growth and profitability — though valuation still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the GRMN vs MYCR.ST comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how GRMN and MYCR.ST each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.