MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MIR - US60471A1016 - Common Stock
23.22 USD
+0.24 (+1.04%)
23.68 USD
+0.46 (+1.98%)
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 an average financial health and profitability rating. 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
The Return On Assets of MIR (0.76%) is comparable to the rest of the industry.
MIR has a Return On Equity (1.44%) which is in line with its industry peers.
The Return On Invested Capital of MIR (1.38%) 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 60.48% of its industry peers.
The Operating Margin of MIR (6.21%) is better than 67.74% of its industry peers.
In the last couple of years the Operating Margin of MIR has declined.
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.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MIR 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 2.61. 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.
With a Altman-Z score value of 2.61, MIR is not doing good in the industry: 64.52% of the companies in the same industry are doing better.
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.
MIR has a worse Debt to Equity ratio (0.65) than 79.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Altman-Z | 2.61 |
ROIC/WACC0.15
WACC9.21%
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.
Looking at the Current ratio, with a value of 4.83, MIR belongs to the top of the industry, outperforming 81.45% of the companies in the same industry.
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 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
The Earnings Per Share has grown by an impressive 28.21% over the past year.
The Revenue has been growing slightly by 7.81% in the past 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
The Earnings Per Share is expected to grow by 18.72% on average over the next years. This is quite good.
The Revenue is expected to grow by 9.75% on average over the next years. This is quite good.
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
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 46.44, the valuation of MIR can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as MIR.
MIR is valuated expensively when we compare the Price/Earnings ratio to 26.26, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 38.22, which means the current valuation is very expensive for MIR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MIR is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.68. MIR is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.44 | ||
| Fwd PE | 38.22 |
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 | 63.5 | ||
| EV/EBITDA | 31.84 |
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)2.29
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% |
23.22
+0.24 (+1.04%)
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 Cap5.89B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target31.62 (36.18%)
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)-1.3%
EPS NQ rev (3m)-8.14%
EPS NY rev (1m)-0.58%
EPS NY rev (3m)0.58%
Revenue NQ rev (1m)0.5%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.44 | ||
| Fwd PE | 38.22 | ||
| P/S | 6.53 | ||
| P/FCF | 63.5 | ||
| P/OCF | 44.95 | ||
| P/B | 3.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 31.84 |
EPS(TTM)0.5
EY2.15%
EPS(NY)0.61
Fwd EY2.62%
FCF(TTM)0.37
FCFY1.57%
OCF(TTM)0.52
OCFY2.22%
SpS3.56
BVpS7.25
TBVpS-0.26
PEG (NY)2.29
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 | 2.61 |
F-Score6
WACC9.21%
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.