MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - NYSE:MIR - US60471A1016 - Common Stock
23.86 USD
-0.53 (-2.17%)
23.86 USD
0 (0%)
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. Both the profitability and the financial health of MIR get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, MIR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year MIR was profitable.
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
MIR's Return On Assets of 0.76% is in line compared to the rest of the industry. MIR outperforms 49.59% of its industry peers.
The Return On Equity of MIR (1.44%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 1.38%, MIR perfoms like the industry average, outperforming 49.59% of the companies in the same industry.
| 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
Looking at the Profit Margin, with a value of 2.94%, MIR is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
The Operating Margin of MIR (6.21%) is better than 67.48% of its industry peers.
MIR's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 47.15%, MIR belongs to the best 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MIR is destroying value.
MIR has more shares outstanding than it did 1 year ago.
MIR has a worse debt/assets ratio than last year.
2.2 Solvency
MIR has an Altman-Z score of 2.64. 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.
MIR's Altman-Z score of 2.64 is on the low side compared to the rest of the industry. MIR is outperformed by 61.79% of its industry peers.
MIR has a debt to FCF ratio of 12.91. This is a negative value and a sign of low solvency as MIR would need 12.91 years to pay back of all of its debts.
The Debt to FCF ratio of MIR (12.91) is comparable to the rest of the industry.
MIR has a Debt/Equity ratio of 0.65. This is a neutral value indicating MIR is somewhat dependend on debt financing.
MIR's Debt to Equity ratio of 0.65 is on the low side compared to the rest of the industry. MIR is outperformed by 79.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Altman-Z | 2.64 |
ROIC/WACC0.15
WACC9.29%
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.
The Current ratio of MIR (4.83) is better 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 better Quick ratio (4.32) than 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.
MIR shows a small growth in Revenue. In the last year, the Revenue has grown by 7.81%.
Measured over the past years, MIR shows a quite strong growth in Revenue. The Revenue has been growing by 14.36% on average per year.
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
Based on estimates for the next years, MIR will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.72% on average per year.
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 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
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
A Price/Earnings ratio of 47.72 indicates a quite expensive valuation of MIR.
The rest of the industry has a similar Price/Earnings ratio as MIR.
The average S&P500 Price/Earnings ratio is at 25.51. MIR is valued rather expensively when compared to this.
MIR is valuated quite expensively with a Price/Forward Earnings ratio of 39.27.
The rest of the industry has a similar Price/Forward Earnings ratio as MIR.
MIR's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.72 | ||
| Fwd PE | 39.27 |
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 | 64.37 | ||
| EV/EBITDA | 32.26 |
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.
A more expensive valuation may be justified as MIR's earnings are expected to grow with 18.72% in the coming years.
PEG (NY)2.27
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 |
23.86
-0.53 (-2.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners90.02%
Inst Owner Change30.28%
Ins Owners4.13%
Ins Owner Change-4.3%
Market Cap5.97B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target26.52 (11.15%)
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)8.33%
PT rev (3m)21.5%
EPS NQ rev (1m)-4.88%
EPS NQ rev (3m)-7.93%
EPS NY rev (1m)1.44%
EPS NY rev (3m)2.74%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-0.55%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.72 | ||
| Fwd PE | 39.27 | ||
| P/S | 6.62 | ||
| P/FCF | 64.37 | ||
| P/OCF | 45.56 | ||
| P/B | 3.24 | ||
| P/tB | N/A | ||
| EV/EBITDA | 32.26 |
EPS(TTM)0.5
EY2.1%
EPS(NY)0.61
Fwd EY2.55%
FCF(TTM)0.37
FCFY1.55%
OCF(TTM)0.52
OCFY2.19%
SpS3.6
BVpS7.36
TBVpS-0.26
PEG (NY)2.27
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 | 2.64 |
F-Score6
WACC9.29%
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.