MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MIR - US60471A1016 - Common Stock
25.2 USD
+0.55 (+2.23%)
25.3 USD
+0.1 (+0.4%)
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 an average financial health and profitability rating. MIR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MIR was profitable.
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 0.76%. This is comparable to the rest of the industry: MIR outperforms 48.39% of its industry peers.
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 (1.38%) which is comparable to the rest of the 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
MIR has a Profit Margin of 2.94%. This is in the better half of the industry: MIR outperforms 62.10% of its industry peers.
MIR has a better Operating Margin (6.21%) than 68.55% of its industry peers.
In the last couple of years the Operating Margin of MIR has declined.
MIR's Gross Margin of 47.15% is amongst the best of the industry. MIR outperforms 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
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
The debt/assets ratio for MIR is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.74 indicates that MIR is not a great score, but indicates only limited risk for bankruptcy at the moment.
MIR has a Altman-Z score of 2.74. This is in the lower half of the industry: MIR underperforms 61.29% of its industry peers.
The Debt to FCF ratio of MIR is 12.91, which is on the high side as it means it would take MIR, 12.91 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MIR (12.91) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.65 indicates that MIR is somewhat dependend on debt financing.
The Debt to Equity ratio of MIR (0.65) is worse than 79.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Altman-Z | 2.74 |
ROIC/WACC0.15
WACC9.49%
2.3 Liquidity
A Current Ratio of 4.83 indicates that MIR has no problem at all paying its short term obligations.
MIR has a better Current ratio (4.83) than 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.
Looking at the Quick ratio, with a value of 4.32, MIR belongs to the top 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.
The Revenue has been growing by 14.36% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 20.78% on average over the next years. This is a very strong growth
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
A Price/Earnings ratio of 50.40 indicates a quite expensive valuation of MIR.
MIR's Price/Earnings ratio is in line with the industry average.
MIR is valuated expensively when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
MIR is valuated quite expensively with a Price/Forward Earnings ratio of 41.43.
MIR's Price/Forward Earnings is on the same level as the industry average.
MIR is valuated expensively when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.4 | ||
| Fwd PE | 41.43 |
4.2 Price Multiples
MIR's Enterprise Value to EBITDA ratio is in line with the industry average.
MIR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.92 | ||
| EV/EBITDA | 33.72 |
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 20.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.49
PEG (5Y)N/A
EPS Next 2Y21.79%
EPS Next 3Y20.78%
5. Dividend
5.1 Amount
MIR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
25.2
+0.55 (+2.23%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.33%
Inst Owner Change0%
Ins Owners3.73%
Ins Owner Change-4.05%
Market Cap6.40B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target31.24 (23.97%)
Short Float %8.85%
Short Ratio6.02
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)27.6%
EPS NQ rev (1m)-0.88%
EPS NQ rev (3m)-8.45%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)0.76%
Revenue NQ rev (1m)1.34%
Revenue NQ rev (3m)1.23%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.4 | ||
| Fwd PE | 41.43 | ||
| P/S | 7.09 | ||
| P/FCF | 68.92 | ||
| P/OCF | 48.79 | ||
| P/B | 3.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 33.72 |
EPS(TTM)0.5
EY1.98%
EPS(NY)0.61
Fwd EY2.41%
FCF(TTM)0.37
FCFY1.45%
OCF(TTM)0.52
OCFY2.05%
SpS3.56
BVpS7.25
TBVpS-0.26
PEG (NY)2.49
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 | 2.74 |
F-Score6
WACC9.49%
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.
Can you provide the valuation status for MIRION TECHNOLOGIES INC?
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.