MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MIR - US60471A1016 - Common Stock
23.55 USD
+0.33 (+1.42%)
23.55 USD
0 (0%)
Overall MIR gets a fundamental rating of 4 out of 10. We evaluated MIR against 124 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
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
Looking at the Return On Assets, with a value of 0.76%, MIR is in line with its industry, outperforming 46.77% of the companies in the same industry.
Looking at the Return On Equity, with a value of 1.44%, MIR is in line with its industry, outperforming 49.19% of the companies in the same industry.
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's Profit Margin of 2.94% is fine compared to the rest of the industry. MIR outperforms 60.48% of its industry peers.
MIR has a Operating Margin of 6.21%. This is in the better half of the industry: MIR outperforms 67.74% 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 80.65% 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 | 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
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.
The Altman-Z score of MIR (2.64) is worse than 64.52% 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 has a Debt to FCF ratio (12.91) which is in line with 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 | 2.64 |
ROIC/WACC0.15
WACC9.22%
2.3 Liquidity
A Current Ratio of 4.83 indicates that MIR has no problem at all paying its short term obligations.
MIR's Current ratio of 4.83 is amongst the best of the industry. MIR outperforms 81.45% of its industry peers.
MIR has a Quick Ratio of 4.32. This indicates that MIR is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 4.32, MIR belongs to the best of the industry, outperforming 81.45% 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
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 Y20.32%
EPS Next 2Y21.73%
EPS Next 3Y18.72%
EPS Next 5YN/A
Revenue Next Year8.24%
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
Based on the Price/Earnings ratio of 47.10, the valuation of MIR can be described as expensive.
MIR's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.39, MIR is valued quite expensively.
The Price/Forward Earnings ratio is 38.76, which means the current valuation is very expensive for MIR.
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 23.84, MIR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.1 | ||
| Fwd PE | 38.76 |
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 | 64.41 | ||
| EV/EBITDA | 32.28 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MIR's earnings are expected to grow with 18.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.32
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 | 0% |
23.55
+0.33 (+1.42%)
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-4.05%
Market Cap5.98B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target31.62 (34.27%)
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)19.23%
PT rev (3m)34.78%
EPS NQ rev (1m)-0.44%
EPS NQ rev (3m)-8.95%
EPS NY rev (1m)-0.58%
EPS NY rev (3m)0.58%
Revenue NQ rev (1m)1.27%
Revenue NQ rev (3m)0.6%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.1 | ||
| Fwd PE | 38.76 | ||
| P/S | 6.62 | ||
| P/FCF | 64.41 | ||
| P/OCF | 45.59 | ||
| P/B | 3.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 32.28 |
EPS(TTM)0.5
EY2.12%
EPS(NY)0.61
Fwd EY2.58%
FCF(TTM)0.37
FCFY1.55%
OCF(TTM)0.52
OCFY2.19%
SpS3.56
BVpS7.25
TBVpS-0.26
PEG (NY)2.32
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 | 2.64 |
F-Score6
WACC9.22%
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 Y20.32%
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 Year8.24%
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 Year479.24%
EBIT Next 3Y100.86%
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.