MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MIR - US60471A1016 - Common Stock
23.75 USD
-0.22 (-0.92%)
23.75 USD
0 (0%)
MIR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. MIR has only an average score on both its financial health and profitability. 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.
MIR had negative earnings in each of the past 5 years.
Each year in the past 5 years MIR had a positive operating cash flow.
1.2 Ratios
MIR has a Return On Assets (0.76%) which is comparable to the rest of the industry.
MIR's Return On Equity of 1.44% is in line compared to the rest of the industry. MIR outperforms 50.00% of its industry peers.
MIR has a Return On Invested Capital of 1.38%. This is comparable to the rest of the industry: MIR outperforms 50.00% of 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 better Profit Margin (2.94%) than 61.29% of its industry peers.
MIR has a better Operating Margin (6.21%) than 67.74% of its industry peers.
MIR's Operating Margin has declined in the last couple of years.
The Gross Margin of MIR (47.15%) is better than 80.65% of its industry peers.
In the last couple of years the Gross Margin of MIR has grown nicely.
| 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
MIR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, MIR has more shares outstanding
The debt/assets ratio for MIR is higher compared to a year ago.
2.2 Solvency
MIR has an Altman-Z score of 2.66. 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.
The Altman-Z score of MIR (2.66) is worse than 63.71% 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.
MIR's Debt to FCF ratio of 12.91 is in line compared to the rest of the industry. MIR outperforms 52.42% of its industry peers.
MIR has a Debt/Equity ratio of 0.65. This is a neutral value indicating MIR is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.65, MIR is not doing good in the industry: 79.84% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Altman-Z | 2.66 |
ROIC/WACC0.15
WACC9.02%
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's Current ratio of 4.83 is amongst the best of the industry. MIR outperforms 80.65% of its industry peers.
A Quick Ratio of 4.32 indicates that MIR has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 4.32, MIR belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
| 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.
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
MIR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.78% yearly.
The Revenue is expected to grow by 13.15% on average over the next years. This is quite good.
EPS Next Y20.21%
EPS Next 2Y21.79%
EPS Next 3Y20.78%
EPS Next 5YN/A
Revenue Next Year8.85%
Revenue Next 2Y15.79%
Revenue Next 3Y13.15%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 47.50, the valuation of MIR can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as MIR.
MIR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.92.
With a Price/Forward Earnings ratio of 39.05, MIR can be considered very expensive at the moment.
MIR's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, MIR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.5 | ||
| Fwd PE | 39.05 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MIR.
The rest of the industry has a similar Price/Free Cash Flow ratio as MIR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.95 | ||
| EV/EBITDA | 32.54 |
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 20.78% in the coming years.
PEG (NY)2.35
PEG (5Y)N/A
EPS Next 2Y21.79%
EPS Next 3Y20.78%
5. Dividend
5.1 Amount
No dividends for MIR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
23.75
-0.22 (-0.92%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.68%
Inst Owner Change30%
Ins Owners3.76%
Ins Owner Change-3.7%
Market Cap6.03B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target31.24 (31.54%)
Short Float %10.77%
Short Ratio6.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-2.11%
PT rev (3m)33.15%
EPS NQ rev (1m)-0.44%
EPS NQ rev (3m)-8.95%
EPS NY rev (1m)-0.67%
EPS NY rev (3m)0.76%
Revenue NQ rev (1m)1.85%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)0.51%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.5 | ||
| Fwd PE | 39.05 | ||
| P/S | 6.68 | ||
| P/FCF | 64.95 | ||
| P/OCF | 45.98 | ||
| P/B | 3.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 32.54 |
EPS(TTM)0.5
EY2.11%
EPS(NY)0.61
Fwd EY2.56%
FCF(TTM)0.37
FCFY1.54%
OCF(TTM)0.52
OCFY2.17%
SpS3.56
BVpS7.25
TBVpS-0.26
PEG (NY)2.35
PEG (5Y)N/A
Graham Number9.03
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 | 2.66 |
F-Score6
WACC9.02%
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 Y20.21%
EPS Next 2Y21.79%
EPS Next 3Y20.78%
EPS Next 5YN/A
Revenue 1Y (TTM)7.81%
Revenue growth 3Y12.07%
Revenue growth 5Y14.36%
Sales Q2Q%7.88%
Revenue Next Year8.85%
Revenue Next 2Y15.79%
Revenue Next 3Y13.15%
Revenue Next 5YN/A
EBIT growth 1Y362.81%
EBIT growth 3Y33.25%
EBIT growth 5Y-1.65%
EBIT Next Year481.12%
EBIT Next 3Y104.61%
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.