Mühlbauer Holding AG/€MUB

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About Mühlbauer Holding AG

Mühlbauer Holding AG, founded in 1981 and headquartered in Roding, Germany, specializes in the development and production of automation and precision solutions for high-tech industries. The company operates through several business segments: **Automation**, which focuses on semiconductor backend, RFID/smart label, and flexible solar technologies; **Tecurity®**, offering comprehensive smart ID solutions including ID cards, e-passports, and border management systems; **Atech**, providing advanced manufacturing equipment for lithium-ion battery cells and fuel cell components; and **Precision Parts & Systems**, producing high-precision components for sectors such as aerospace and medical technology. With approximately 4,200 employees across 35 locations worldwide, Mühlbauer maintains a global presence. Its strategic positioning lies in delivering integrated, end-to-end solutions that encompass both hardware and software, catering to the specific needs of industries requiring high security and precision. (,)
Ticker
€MUB
Primary listing
XETRA
Employees
3,812
Headquarters
Roding, Germany

MUB Metrics

BasicAdvanced
€613M
17.45
€2.48
0.14
€1.50
3.47%

Bulls say / Bears say

In the first half of 2026, Mühlbauer’s consolidated revenue rose 21.1% year-on-year to €249.9 million while order intake doubled to €243.7 million, underscoring a strong demand recovery across its business lines. (Deutsche Börse)
The company achieved an EBIT margin of 8.8% in H1 2026 compared to 5.6% a year earlier, reflecting marked improvements in operational efficiency. (Deutsche Börse)
Automation segment order intake surged by 102.7% year-on-year in H1 2026, highlighting Mühlbauer’s leading position in semiconductor backend automation. (Deutsche Börse)
Full-year 2025 revenue declined by 7.3% to €484.6 million, signalling persistent demand headwinds despite diversification efforts. (Deutsche Börse)
The order backlog as of June 30, 2026, fell 10.5% year-on-year to €688.5 million, which may constrain revenue visibility for the second half. (Deutsche Börse)
Management’s 2026 guidance anticipates only a slight increase in orders and revenue, suggesting limited upside for the remainder of the year. (Deutsche Börse)
Data summarised monthly by Lightyear AI. Last updated on 26 Aug 2026.
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Market data provided by CBOE Europe and Deutsche Börse.