Micware Co. vs Strattec Security
Strattec Security is the larger business, with $579m of revenue in fiscal 2026 against $146m for Micware Co. (4.0 times as much). Micware Co. grew faster (5.5% against 2.5%). Micware Co. kept more of each dollar of sales as profit: a net margin of 7.3% against 3.6%.
| Latest fiscal year | Micware Co.MWC, 2026 | Strattec SecuritySTRT, 2026 |
|---|---|---|
| Revenue | $146m | $579m |
| Revenue growth | 5.5% | 2.5% |
| Net income | $10.7m | $20.6m |
| Operating margin | — | 4.6% |
| Net margin | 7.3% | 3.6% |
| Return on equity | 22.6% | 9.0% |
| Free cash flow | $12.1m | $39.0m |
| Cash | $52.9m | $108m |
| Total debt | $34.5m | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $7.4m |
| Employees | — | 2,654 |
| Market value | $79.4m | $255m |
| Price vs our value range | — | Below our value range |
| Moat score | — | 29 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 4 buys, 1 sales |