MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
NYSE:MIR - New York Stock Exchange, Inc. - US60471A1016 - Common Stock
We assign a fundamental rating of 4 out of 10 to MIR. MIR was compared to 126 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.
MIR had a positive operating cash flow in the past year.
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 of -2.50%. This is comparable to the rest of the industry: MIR outperforms 43.80% of its industry peers.
Looking at the Return On Equity, with a value of -4.37%, MIR is in line with its industry, outperforming 45.45% of the companies in the same industry.
MIR has a Return On Invested Capital (0.40%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.5% | ||
| ROE | -4.37% | ||
| ROIC | 0.4% |
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 has a Operating Margin (1.45%) which is comparable to the rest of the industry.
Looking at the Gross Margin, with a value of 46.11%, MIR belongs to the top of the industry, outperforming 80.17% of the companies in the same industry.
In the last couple of years the Gross Margin of MIR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.45% | ||
| PM (TTM) | N/A | ||
| GM | 46.11% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MIR is destroying value.
Compared to 1 year ago, MIR has more shares outstanding
MIR has a better debt/assets ratio than last year.
2.2 Solvency
MIR has an Altman-Z score of 2.17. 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 has a worse Altman-Z score (2.17) than 66.94% of its industry peers.
MIR has a debt to FCF ratio of 12.17. This is a negative value and a sign of low solvency as MIR would need 12.17 years to pay back of all of its debts.
With a Debt to FCF ratio value of 12.17, MIR perfoms like the industry average, outperforming 51.24% of the companies in the same industry.
MIR has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MIR (0.45) is worse than 69.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 12.17 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.04
WACC10.38%
2.3 Liquidity
A Current Ratio of 2.16 indicates that MIR has no problem at all paying its short term obligations.
MIR has a Current ratio of 2.16. This is comparable to the rest of the industry: MIR outperforms 43.80% of its industry peers.
MIR has a Quick Ratio of 1.55. This is a normal value and indicates that MIR is financially healthy and should not expect problems in meeting its short term obligations.
MIR has a Quick ratio (1.55) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
MIR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.00%, which is quite impressive.
Looking at the last year, MIR shows a small growth in Revenue. The Revenue has grown by 6.15% in the last year.
Measured over the past years, MIR shows a quite strong growth in Revenue. The Revenue has been growing by 18.76% on average per year.
EPS 1Y (TTM)30%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
Revenue 1Y (TTM)6.15%
Revenue growth 3Y18.76%
Revenue growth 5YN/A
Sales Q2Q%8.16%
3.2 Future
The Earnings Per Share is expected to grow by 25.98% on average over the next years. This is a very strong growth
Based on estimates for the next years, MIR will show a small growth in Revenue. The Revenue will grow by 6.94% on average per year.
EPS Next Y15.85%
EPS Next 2Y22.66%
EPS Next 3Y25.98%
EPS Next 5YN/A
Revenue Next Year7.87%
Revenue Next 2Y6.72%
Revenue Next 3Y6.94%
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
Based on the Price/Earnings ratio of 42.44, the valuation of MIR can be described as expensive.
MIR's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.96. MIR is valued rather expensively when compared to this.
MIR is valuated quite expensively with a Price/Forward Earnings ratio of 32.35.
The rest of the industry has a similar Price/Forward Earnings ratio as MIR.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.11, MIR is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.44 | ||
| Fwd PE | 32.35 |
4.2 Price Multiples
MIR's Enterprise Value to EBITDA ratio is in line with the industry average.
MIR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.28 | ||
| EV/EBITDA | 25.71 |
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 25.98% in the coming years.
PEG (NY)2.68
PEG (5Y)N/A
EPS Next 2Y22.66%
EPS Next 3Y25.98%
5. Dividend
5.1 Amount
No dividends for MIR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MIRION TECHNOLOGIES INC
NYSE:MIR (1/17/2025, 8:14:53 PM)
After market: 16.55 0 (0%)16.55
+0.29 (+1.78%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners88.45%
Inst Owner Change0%
Ins Owners0.61%
Ins Owner Change17.32%
Market Cap3.84B
Analysts84.44
Price Target19.58 (18.31%)
Short Float %2.26%
Short Ratio2.13
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)1
Avg EPS beat(2)10.01%
Min EPS beat(2)-11.99%
Max EPS beat(2)32.01%
EPS beat(4)2
Avg EPS beat(4)6.26%
Min EPS beat(4)-11.99%
Max EPS beat(4)32.01%
EPS beat(8)5
Avg EPS beat(8)9.12%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.09%
Min Revenue beat(2)-2.72%
Max Revenue beat(2)0.53%
Revenue beat(4)2
Avg Revenue beat(4)0.42%
Min Revenue beat(4)-2.72%
Max Revenue beat(4)4.22%
Revenue beat(8)6
Avg Revenue beat(8)2.28%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)23.87%
PT rev (3m)51.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.39%
EPS NY rev (1m)0.65%
EPS NY rev (3m)-0.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.62%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.44 | ||
| Fwd PE | 32.35 | ||
| P/S | 4.59 | ||
| P/FCF | 68.28 | ||
| P/OCF | 36.5 | ||
| P/B | 2.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 25.71 |
EPS(TTM)0.39
EY2.36%
EPS(NY)0.51
Fwd EY3.09%
FCF(TTM)0.24
FCFY1.46%
OCF(TTM)0.45
OCFY2.74%
SpS3.6
BVpS6.54
TBVpS-1.64
PEG (NY)2.68
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.5% | ||
| ROE | -4.37% | ||
| ROCE | 0.5% | ||
| ROIC | 0.4% | ||
| ROICexc | 0.42% | ||
| ROICexgc | 2.64% | ||
| OM | 1.45% | ||
| PM (TTM) | N/A | ||
| GM | 46.11% | ||
| FCFM | 6.73% |
ROA(3y)-7.97%
ROA(5y)N/A
ROE(3y)N/A
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.6%
GM growth 5YN/A
F-Score5
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 12.17 | ||
| Debt/EBITDA | 4.08 | ||
| Cap/Depr | 31.45% | ||
| Cap/Sales | 5.85% | ||
| Interest Coverage | 0.21 | ||
| Cash Conversion | 62.72% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z | 2.17 |
F-Score5
WACC10.38%
ROIC/WACC0.04
Cap/Depr(3y)23.38%
Cap/Depr(5y)24.59%
Cap/Sales(3y)4.4%
Cap/Sales(5y)4.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)30%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
EPS Next Y15.85%
EPS Next 2Y22.66%
EPS Next 3Y25.98%
EPS Next 5YN/A
Revenue 1Y (TTM)6.15%
Revenue growth 3Y18.76%
Revenue growth 5YN/A
Sales Q2Q%8.16%
Revenue Next Year7.87%
Revenue Next 2Y6.72%
Revenue Next 3Y6.94%
Revenue Next 5YN/A
EBIT growth 1Y142.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year900.94%
EBIT Next 3Y135.27%
EBIT Next 5YN/A
FCF growth 1Y1017.31%
FCF growth 3Y43.65%
FCF growth 5YN/A
OCF growth 1Y141.62%
OCF growth 3Y34.07%
OCF growth 5YN/A