MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MIR - US60471A1016 - Common Stock
25.42 USD
+0.49 (+1.97%)
24.92 USD
-0.5 (-1.97%)
Overall MIR gets a fundamental rating of 4 out of 10. We evaluated MIR against 123 industry peers in the Electronic Equipment, Instruments & Components industry. MIR has only an average score on both its financial health and profitability. MIR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MIR was profitable.
MIR had a positive operating cash flow in the past year.
In the past 5 years MIR always reported negative net income.
In the past 5 years MIR always reported a positive cash flow from operatings.
1.2 Ratios
MIR has a Return On Assets (0.76%) which is in line with its industry peers.
MIR has a Return On Equity (1.44%) which is in line with its industry peers.
MIR has a Return On Invested Capital (1.38%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 1.44% | ||
| ROIC | 1.38% |
ROA(3y)-5.01%
ROA(5y)-6.97%
ROE(3y)-9.58%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MIR has a Profit Margin of 2.94%. This is in the better half of the industry: MIR outperforms 60.16% of its industry peers.
Looking at the Operating Margin, with a value of 6.21%, MIR is in the better half of the industry, outperforming 67.48% of the companies in the same industry.
In the last couple of years the Operating Margin of MIR has declined.
Looking at the Gross Margin, with a value of 47.15%, MIR belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
MIR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.21% | ||
| PM (TTM) | 2.94% | ||
| GM | 47.15% |
OM growth 3Y18.9%
OM growth 5Y-14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.09%
GM growth 5Y1.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MIR is destroying value.
The number of shares outstanding for MIR has been increased compared to 1 year ago.
MIR has a worse debt/assets ratio than last year.
2.2 Solvency
MIR has an Altman-Z score of 2.74. This is not the best score and indicates that MIR is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.74, MIR is doing worse than 60.16% of the companies in the same industry.
The Debt to FCF ratio of MIR is 12.91, which is on the high side as it means it would take MIR, 12.91 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 12.91, MIR perfoms like the industry average, outperforming 52.85% of the companies in the same industry.
MIR has a Debt/Equity ratio of 0.65. This is a neutral value indicating MIR is somewhat dependend on debt financing.
The Debt to Equity ratio of MIR (0.65) is worse than 79.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Altman-Z | 2.74 |
ROIC/WACC0.15
WACC9.33%
2.3 Liquidity
MIR has a Current Ratio of 4.83. This indicates that MIR is financially healthy and has no problem in meeting its short term obligations.
MIR has a better Current ratio (4.83) than 80.49% of its industry peers.
A Quick Ratio of 4.32 indicates that MIR has no problem at all paying its short term obligations.
MIR has a Quick ratio of 4.32. This is amongst the best in the industry. MIR outperforms 80.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.83 | ||
| Quick Ratio | 4.32 |
3. Growth
3.1 Past
MIR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.21%, which is quite impressive.
Looking at the last year, MIR shows a small growth in Revenue. The Revenue has grown by 7.81% in the last year.
MIR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.36% yearly.
EPS 1Y (TTM)28.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%50%
Revenue 1Y (TTM)7.81%
Revenue growth 3Y12.07%
Revenue growth 5Y14.36%
Sales Q2Q%7.88%
3.2 Future
The Earnings Per Share is expected to grow by 18.72% on average over the next years. This is quite good.
MIR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.75% yearly.
EPS Next Y21.03%
EPS Next 2Y21.73%
EPS Next 3Y18.72%
EPS Next 5YN/A
Revenue Next Year8.29%
Revenue Next 2Y13.5%
Revenue Next 3Y9.75%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 50.84, MIR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of MIR is on the same level as its industry peers.
MIR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.98.
The Price/Forward Earnings ratio is 41.84, which means the current valuation is very expensive for MIR.
MIR's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, MIR is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.84 | ||
| Fwd PE | 41.84 |
4.2 Price Multiples
MIR's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as MIR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.57 | ||
| EV/EBITDA | 33.64 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MIR's earnings are expected to grow with 18.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.42
PEG (5Y)N/A
EPS Next 2Y21.73%
EPS Next 3Y18.72%
5. Dividend
5.1 Amount
No dividends for MIR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
25.42
+0.49 (+1.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners90.02%
Inst Owner Change29.99%
Ins Owners4.13%
Ins Owner Change-3.96%
Market Cap6.36B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target31.91 (25.53%)
Short Float %9.63%
Short Ratio4.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.64%
Min EPS beat(2)8.05%
Max EPS beat(2)21.24%
EPS beat(4)4
Avg EPS beat(4)17.53%
Min EPS beat(4)8.05%
Max EPS beat(4)26.94%
EPS beat(8)6
Avg EPS beat(8)11.89%
EPS beat(12)9
Avg EPS beat(12)11.92%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.75%
Min Revenue beat(2)-0.57%
Max Revenue beat(2)2.07%
Revenue beat(4)2
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-0.57%
Max Revenue beat(4)2.76%
Revenue beat(8)4
Avg Revenue beat(8)0.7%
Revenue beat(12)8
Avg Revenue beat(12)1.85%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)30.36%
PT rev (3m)46.19%
EPS NQ rev (1m)-6.53%
EPS NQ rev (3m)-9.54%
EPS NY rev (1m)2.11%
EPS NY rev (3m)1.17%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-0.55%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.84 | ||
| Fwd PE | 41.84 | ||
| P/S | 7.05 | ||
| P/FCF | 68.57 | ||
| P/OCF | 48.54 | ||
| P/B | 3.46 | ||
| P/tB | N/A | ||
| EV/EBITDA | 33.64 |
EPS(TTM)0.5
EY1.97%
EPS(NY)0.61
Fwd EY2.39%
FCF(TTM)0.37
FCFY1.46%
OCF(TTM)0.52
OCFY2.06%
SpS3.6
BVpS7.36
TBVpS-0.26
PEG (NY)2.42
PEG (5Y)N/A
Graham Number9.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 1.44% | ||
| ROCE | 1.75% | ||
| ROIC | 1.38% | ||
| ROICexc | 1.95% | ||
| ROICexgc | 12.22% | ||
| OM | 6.21% | ||
| PM (TTM) | 2.94% | ||
| GM | 47.15% | ||
| FCFM | 10.28% |
ROA(3y)-5.01%
ROA(5y)-6.97%
ROE(3y)-9.58%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y18.71%
ROICexgc growth 5YN/A
ROICexc growth 3Y10.74%
ROICexc growth 5YN/A
OM growth 3Y18.9%
OM growth 5Y-14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.09%
GM growth 5Y1.66%
F-Score6
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Debt/EBITDA | 6.2 | ||
| Cap/Depr | 27.96% | ||
| Cap/Sales | 4.24% | ||
| Interest Coverage | 1.32 | ||
| Cash Conversion | 67.93% | ||
| Profit Quality | 350.19% | ||
| Current Ratio | 4.83 | ||
| Quick Ratio | 4.32 | ||
| Altman-Z | 2.74 |
F-Score6
WACC9.33%
ROIC/WACC0.15
Cap/Depr(3y)24.94%
Cap/Depr(5y)26.34%
Cap/Sales(3y)5.02%
Cap/Sales(5y)4.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%50%
EPS Next Y21.03%
EPS Next 2Y21.73%
EPS Next 3Y18.72%
EPS Next 5YN/A
Revenue 1Y (TTM)7.81%
Revenue growth 3Y12.07%
Revenue growth 5Y14.36%
Sales Q2Q%7.88%
Revenue Next Year8.29%
Revenue Next 2Y13.5%
Revenue Next 3Y9.75%
Revenue Next 5YN/A
EBIT growth 1Y362.81%
EBIT growth 3Y33.25%
EBIT growth 5Y-1.65%
EBIT Next Year481.07%
EBIT Next 3Y96.8%
EBIT Next 5YN/A
FCF growth 1Y455.69%
FCF growth 3Y18.28%
FCF growth 5YN/A
OCF growth 1Y145.51%
OCF growth 3Y22.74%
OCF growth 5Y46.47%
MIRION TECHNOLOGIES INC / MIR FAQ
What is the fundamental rating for MIR stock?
ChartMill assigns a fundamental rating of 4 / 10 to MIR.
What is the valuation status for MIR stock?
ChartMill assigns a valuation rating of 2 / 10 to MIRION TECHNOLOGIES INC (MIR). This can be considered as Overvalued.
How profitable is MIRION TECHNOLOGIES INC (MIR) stock?
MIRION TECHNOLOGIES INC (MIR) has a profitability rating of 4 / 10.
What is the financial health of MIRION TECHNOLOGIES INC (MIR) stock?
The financial health rating of MIRION TECHNOLOGIES INC (MIR) is 4 / 10.