MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - NYSE:MIR - US60471A1016 - Common Stock
24.8 USD
+0.76 (+3.16%)
24.8 USD
0 (0%)
Taking everything into account, MIR scores 4 out of 10 in our fundamental rating. MIR was compared to 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 valied quite expensively at the moment, while 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.
In the past 5 years MIR always reported negative net income.
MIR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.37%, MIR is in line with its industry, outperforming 49.59% of the companies in the same industry.
With a Return On Equity value of 0.68%, MIR perfoms like the industry average, outperforming 51.22% of the companies in the same industry.
MIR has a Return On Invested Capital (1.50%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 0.68% | ||
| ROIC | 1.5% |
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 1.13%. This is comparable to the rest of the industry: MIR outperforms 51.22% of its industry peers.
MIR has a Operating Margin of 5.27%. This is in the better half of the industry: MIR outperforms 65.85% of its industry peers.
MIR's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 46.70%, MIR is in the better half of the industry, outperforming 78.86% of the companies in the same industry.
MIR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.27% | ||
| PM (TTM) | 1.13% | ||
| GM | 46.7% |
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.
Compared to 1 year ago, MIR has a worse debt to assets ratio.
2.2 Solvency
MIR has an Altman-Z score of 3.12. This indicates that MIR is financially healthy and has little risk of bankruptcy at the moment.
MIR has a Altman-Z score (3.12) which is in line with its industry peers.
The Debt to FCF ratio of MIR is 9.95, which is on the high side as it means it would take MIR, 9.95 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 9.95, MIR perfoms like the industry average, outperforming 52.03% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that MIR is somewhat dependend on debt financing.
MIR's Debt to Equity ratio of 0.57 is on the low side compared to the rest of the industry. MIR is outperformed by 73.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | 3.12 |
ROIC/WACC0.16
WACC9.21%
2.3 Liquidity
MIR has a Current Ratio of 2.54. This indicates that MIR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.54, MIR is in line with its industry, outperforming 55.28% of the companies in the same industry.
MIR has a Quick Ratio of 2.01. This indicates that MIR is financially healthy and has no problem in meeting its short term obligations.
MIR has a Quick ratio of 2.01. This is in the better half of the industry: MIR outperforms 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
MIR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.78%, which is quite impressive.
The Revenue has been growing slightly by 7.88% in the past 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)27.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10%
Revenue 1Y (TTM)7.88%
Revenue growth 3Y12.07%
Revenue growth 5Y14.36%
Sales Q2Q%7.63%
3.2 Future
MIR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.98% yearly.
Based on estimates for the next years, MIR will show a quite strong growth in Revenue. The Revenue will grow by 9.75% on average per year.
EPS Next Y19.31%
EPS Next 2Y18.85%
EPS Next 3Y18.98%
EPS Next 5YN/A
Revenue Next Year8.28%
Revenue Next 2Y13.45%
Revenue Next 3Y9.75%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
MIR is valuated quite expensively with a Price/Earnings ratio of 53.91.
The rest of the industry has a similar Price/Earnings ratio as MIR.
The average S&P500 Price/Earnings ratio is at 26.91. MIR is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 42.82, MIR can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as MIR.
The average S&P500 Price/Forward Earnings ratio is at 22.92. MIR is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.91 | ||
| Fwd PE | 42.82 |
4.2 Price Multiples
MIR's Enterprise Value to EBITDA ratio is in line with the industry average.
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 | 74.17 | ||
| EV/EBITDA | 35.09 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as MIR's earnings are expected to grow with 18.98% in the coming years.
PEG (NY)2.79
PEG (5Y)N/A
EPS Next 2Y18.85%
EPS Next 3Y18.98%
5. Dividend
5.1 Amount
MIR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.8
+0.76 (+3.16%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners90.02%
Inst Owner Change-0.07%
Ins Owners4.13%
Ins Owner Change-1.75%
Market Cap6.21B
Revenue(TTM)886.00M
Net Income(TTM)10.00M
Analysts83.64
Price Target24.48 (-1.29%)
Short Float %11.77%
Short Ratio6.02
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)17.49%
Min EPS beat(2)8.05%
Max EPS beat(2)26.94%
EPS beat(4)3
Avg EPS beat(4)9.22%
Min EPS beat(4)-11.99%
Max EPS beat(4)26.94%
EPS beat(8)6
Avg EPS beat(8)9.28%
EPS beat(12)8
Avg EPS beat(12)6.21%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.86%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)2.07%
Revenue beat(4)3
Avg Revenue beat(4)1.25%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)2.76%
Revenue beat(8)5
Avg Revenue beat(8)1.52%
Revenue beat(12)8
Avg Revenue beat(12)1.82%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)4.35%
PT rev (3m)16.5%
EPS NQ rev (1m)-2%
EPS NQ rev (3m)-4.85%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)1.28%
Revenue NQ rev (1m)-0.86%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.91 | ||
| Fwd PE | 42.82 | ||
| P/S | 7.01 | ||
| P/FCF | 74.17 | ||
| P/OCF | 49.31 | ||
| P/B | 4.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 35.09 |
EPS(TTM)0.46
EY1.85%
EPS(NY)0.58
Fwd EY2.34%
FCF(TTM)0.33
FCFY1.35%
OCF(TTM)0.5
OCFY2.03%
SpS3.54
BVpS5.84
TBVpS-1.54
PEG (NY)2.79
PEG (5Y)N/A
Graham Number7.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 0.68% | ||
| ROCE | 1.89% | ||
| ROIC | 1.5% | ||
| ROICexc | 1.68% | ||
| ROICexgc | 10.58% | ||
| OM | 5.27% | ||
| PM (TTM) | 1.13% | ||
| GM | 46.7% | ||
| FCFM | 9.45% |
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-Score8
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 9.95 | ||
| Debt/EBITDA | 4.44 | ||
| Cap/Depr | 29.99% | ||
| Cap/Sales | 4.76% | ||
| Interest Coverage | 0.96 | ||
| Cash Conversion | 67.18% | ||
| Profit Quality | 837% | ||
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.01 | ||
| Altman-Z | 3.12 |
F-Score8
WACC9.21%
ROIC/WACC0.16
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)27.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10%
EPS Next Y19.31%
EPS Next 2Y18.85%
EPS Next 3Y18.98%
EPS Next 5YN/A
Revenue 1Y (TTM)7.88%
Revenue growth 3Y12.07%
Revenue growth 5Y14.36%
Sales Q2Q%7.63%
Revenue Next Year8.28%
Revenue Next 2Y13.45%
Revenue Next 3Y9.75%
Revenue Next 5YN/A
EBIT growth 1Y1768%
EBIT growth 3Y33.25%
EBIT growth 5Y-1.65%
EBIT Next Year481.07%
EBIT Next 3Y96.8%
EBIT Next 5YN/A
FCF growth 1Y542.86%
FCF growth 3Y18.28%
FCF growth 5YN/A
OCF growth 1Y696.84%
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.