MIRION TECHNOLOGIES INC (MIR)
US60471A1016 - Common Stock
Taking everything into account, MIR scores 3 out of 10 in our fundamental rating. MIR was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. MIR may be in some trouble as it scores bad on both profitability and health. MIR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
MIR had positive earnings in the past year.
In the past year MIR had a positive cash flow from operations.
MIR had negative earnings in each of the past 5 years.
MIR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MIR (-3.05%) is comparable to the rest of the industry.
MIR has a Return On Equity of -5.54%. This is comparable to the rest of the industry: MIR outperforms 43.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.05% | ||
| ROE | -5.54% | ||
| ROIC | N/A |
ROA(3y)-7.97%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MIR's Gross Margin of 44.91% is fine compared to the rest of the industry. MIR outperforms 77.60% of its industry peers.
In the last couple of years the Gross Margin of MIR has grown nicely.
The Profit Margin and Operating Margin are not available for MIR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.91% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.6%
GM growth 5YN/A
2. Health
2.1 Basic Checks
MIR does not have a ROIC to compare to the WACC, probably because it is not profitable.
MIR has more shares outstanding than it did 1 year ago.
The debt/assets ratio for MIR has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.35, we must say that MIR is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.35, MIR is doing worse than 69.60% of the companies in the same industry.
MIR has a debt to FCF ratio of 11.15. This is a negative value and a sign of low solvency as MIR would need 11.15 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.15, MIR is in line with its industry, outperforming 51.20% of the companies in the same industry.
MIR has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MIR (0.47) is worse than 71.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 11.15 | ||
| Altman-Z | 1.35 |
ROIC/WACCN/A
WACC9.34%
2.3 Liquidity
A Current Ratio of 2.19 indicates that MIR has no problem at all paying its short term obligations.
MIR has a Current ratio of 2.19. This is comparable to the rest of the industry: MIR outperforms 43.20% of its industry peers.
A Quick Ratio of 1.57 indicates that MIR should not have too much problems paying its short term obligations.
MIR has a Quick ratio (1.57) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
MIR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.03%.
The Revenue has grown by 10.14% in the past year. This is quite good.
MIR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.76% yearly.
EPS 1Y (TTM)3.03%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q0%
Revenue 1Y (TTM)10.14%
Revenue growth 3Y18.76%
Revenue growth 5YN/A
Revenue growth Q2Q5.77%
3.2 Future
The Earnings Per Share is expected to grow by 19.26% on average over the next years. This is quite good.
MIR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.78% yearly.
EPS Next Y16.84%
EPS Next 2Y20.15%
EPS Next 3Y19.26%
EPS Next 5YN/A
Revenue Next Year7.46%
Revenue Next 2Y6.41%
Revenue Next 3Y5.78%
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
Based on the Price/Earnings ratio of 30.65, the valuation of MIR can be described as expensive.
MIR's Price/Earnings ratio is in line with the industry average.
MIR is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.83, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 21.23, MIR is valued on the expensive side.
MIR's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of MIR to the average of the S&P500 Index (20.47), we can say MIR is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.65 | ||
| Fwd PE | 21.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MIR is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MIR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.37 | ||
| EV/EBITDA | 19.18 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MIR does not grow enough to justify the current Price/Earnings ratio.
MIR's earnings are expected to grow with 19.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.82
PEG (5Y)N/A
EPS Next 2Y20.15%
EPS Next 3Y19.26%
5. Dividend
5.1 Amount
MIR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MIRION TECHNOLOGIES INC
NYSE:MIR (5/16/2024, 7:04:20 PM)
After market: 10.42 0 (0%)10.42
-0.15 (-1.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.36B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.65 | ||
| Fwd PE | 21.23 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.82
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.05% | ||
| ROE | -5.54% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.91% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)3.03%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y16.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.14%
Revenue growth 3Y18.76%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y