MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MIR - US60471A1016 - Common Stock
23.42 USD
-0.28 (-1.18%)
23.62 USD
+0.2 (+0.85%)
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 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.
In the past year MIR had a positive cash flow from operations.
In the past 5 years MIR always reported negative net income.
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 has a Return On Equity of 1.44%. This is comparable 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 50.81% 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
Looking at the Profit Margin, with a value of 2.94%, MIR is in the better half of the industry, outperforming 62.10% of the companies in the same industry.
Looking at the Operating Margin, with a value of 6.21%, MIR is in the better half of the industry, outperforming 68.55% of the companies in the same industry.
MIR's Operating Margin has declined in the last couple of years.
MIR has a Gross Margin of 47.15%. This is amongst the best in the industry. MIR outperforms 80.65% of its industry peers.
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
MIR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MIR has more shares outstanding than it did 1 year ago.
The debt/assets ratio for MIR is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.63 indicates that MIR is not a great score, but indicates only limited risk for bankruptcy at the moment.
MIR has a worse Altman-Z score (2.63) than 63.71% 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.
MIR has a Debt to FCF ratio of 12.91. This is comparable 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.
Looking at the Debt to Equity ratio, with a value of 0.65, MIR is doing worse than 79.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Altman-Z | 2.63 |
ROIC/WACC0.14
WACC9.58%
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.
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.
MIR has a better Quick ratio (4.32) than 80.65% 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.
Looking at the last year, MIR shows a small growth in Revenue. The Revenue has grown by 7.81% in the last year.
MIR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.36% yearly.
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 46.84, the valuation of MIR can be described as expensive.
MIR's Price/Earnings ratio is in line with the industry average.
MIR is valuated expensively when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
MIR is valuated quite expensively with a Price/Forward Earnings ratio of 38.51.
MIR's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.13. MIR is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.84 | ||
| Fwd PE | 38.51 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MIR.
MIR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.05 | ||
| EV/EBITDA | 32.1 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as MIR's earnings are expected to grow with 20.78% in the coming years.
PEG (NY)2.32
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% |
23.42
-0.28 (-1.18%)
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 Cap5.94B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target31.24 (33.39%)
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)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 | 46.84 | ||
| Fwd PE | 38.51 | ||
| P/S | 6.59 | ||
| P/FCF | 64.05 | ||
| P/OCF | 45.34 | ||
| P/B | 3.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 32.1 |
EPS(TTM)0.5
EY2.13%
EPS(NY)0.61
Fwd EY2.6%
FCF(TTM)0.37
FCFY1.56%
OCF(TTM)0.52
OCFY2.21%
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 | 2.63 |
F-Score6
WACC9.58%
ROIC/WACC0.14
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.