MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - NYSE:MIR - US60471A1016 - Common Stock
24.6 USD
+1.9 (+8.37%)
24.6 USD
0 (0%)
Overall MIR gets a fundamental rating of 3 out of 10. We evaluated MIR against 125 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of MIR get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, MIR is valued expensive at the moment.
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 (0.37%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 0.68%, MIR is in line with its industry, outperforming 52.80% of the companies in the same industry.
With a Return On Invested Capital value of 1.50%, MIR perfoms like the industry average, outperforming 53.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 0.68% | ||
| ROIC | 1.5% |
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 (1.13%) which is comparable to the rest of the industry.
The Operating Margin of MIR (5.27%) is better than 66.40% of its industry peers.
MIR's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 46.70%, MIR is in the better half of the industry, outperforming 79.20% 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 | 5.27% | ||
| PM (TTM) | 1.13% | ||
| GM | 46.7% |
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 3.00. This indicates that MIR is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MIR (3.00) is worse than 61.60% of its industry peers.
MIR has a debt to FCF ratio of 9.95. This is a negative value and a sign of low solvency as MIR would need 9.95 years to pay back of all of its debts.
MIR's Debt to FCF ratio of 9.95 is in line compared to the rest of the industry. MIR outperforms 53.60% of its industry peers.
MIR has a Debt/Equity ratio of 0.57. This is a neutral value indicating MIR is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.57, MIR is doing worse than 72.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | 3 |
ROIC/WACC0.16
WACC9.42%
2.3 Liquidity
MIR has a Current Ratio of 2.54. This indicates that MIR is financially healthy and has no problem in meeting its short term obligations.
MIR has a Current ratio (2.54) which is comparable to the rest of the industry.
MIR has a Quick Ratio of 2.01. This indicates that MIR is financially healthy and has no problem in meeting its short term obligations.
MIR has a Quick ratio of 2.01. This is in the better half of the industry: MIR outperforms 60.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
MIR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.78%, which is quite impressive.
The Revenue has been growing slightly by 7.88% in the past year.
The Revenue has been growing by 14.36% on average over the past years. This is quite good.
EPS 1Y (TTM)27.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10%
Revenue 1Y (TTM)7.88%
Revenue growth 3Y12.07%
Revenue growth 5Y14.36%
Sales Q2Q%7.63%
3.2 Future
The Earnings Per Share is expected to grow by 18.98% on average over the next years. This is quite good.
Based on estimates for the next years, MIR will show a small growth in Revenue. The Revenue will grow by 7.92% on average per year.
EPS Next Y19.62%
EPS Next 2Y18.44%
EPS Next 3Y18.98%
EPS Next 5YN/A
Revenue Next Year8.63%
Revenue Next 2Y8.31%
Revenue Next 3Y7.92%
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
The Price/Earnings ratio is 53.48, which means the current valuation is very expensive for 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 27.41, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 42.77, the valuation of MIR can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as MIR.
MIR's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.48 | ||
| Fwd PE | 42.77 |
4.2 Price Multiples
MIR's Enterprise Value to EBITDA is on the same level as the industry average.
MIR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.77 | ||
| EV/EBITDA | 33.69 |
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 18.98% in the coming years.
PEG (NY)2.73
PEG (5Y)N/A
EPS Next 2Y18.44%
EPS Next 3Y18.98%
5. Dividend
5.1 Amount
No dividends for MIR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.6
+1.9 (+8.37%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners84.58%
Inst Owner Change8.15%
Ins Owners4.41%
Ins Owner Change-2.08%
Market Cap5.76B
Analysts84
Price Target23.46 (-4.63%)
Short Float %6.53%
Short Ratio5.02
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)2
Avg EPS beat(2)17.49%
Min EPS beat(2)8.05%
Max EPS beat(2)26.94%
EPS beat(4)3
Avg EPS beat(4)9.22%
Min EPS beat(4)-11.99%
Max EPS beat(4)26.94%
EPS beat(8)6
Avg EPS beat(8)9.28%
EPS beat(12)8
Avg EPS beat(12)6.21%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.86%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)2.07%
Revenue beat(4)3
Avg Revenue beat(4)1.25%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)2.76%
Revenue beat(8)5
Avg Revenue beat(8)1.52%
Revenue beat(12)8
Avg Revenue beat(12)1.82%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)7.48%
PT rev (3m)22.34%
EPS NQ rev (1m)0.81%
EPS NQ rev (3m)-2.91%
EPS NY rev (1m)1.55%
EPS NY rev (3m)1.11%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)1.44%
Revenue NY rev (1m)1.66%
Revenue NY rev (3m)1.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.48 | ||
| Fwd PE | 42.77 | ||
| P/S | 6.5 | ||
| P/FCF | 68.77 | ||
| P/OCF | 45.72 | ||
| P/B | 3.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 33.69 |
EPS(TTM)0.46
EY1.87%
EPS(NY)0.58
Fwd EY2.34%
FCF(TTM)0.36
FCFY1.45%
OCF(TTM)0.54
OCFY2.19%
SpS3.79
BVpS6.25
TBVpS-1.65
PEG (NY)2.73
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 0.68% | ||
| ROCE | 1.89% | ||
| ROIC | 1.5% | ||
| ROICexc | 1.68% | ||
| ROICexgc | 10.58% | ||
| OM | 5.27% | ||
| PM (TTM) | 1.13% | ||
| GM | 46.7% | ||
| FCFM | 9.45% |
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
ROICexcg growth 3Y18.71%
ROICexcg 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-Score8
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 9.95 | ||
| Debt/EBITDA | 4.44 | ||
| Cap/Depr | 29.99% | ||
| Cap/Sales | 4.76% | ||
| Interest Coverage | 0.96 | ||
| Cash Conversion | 67.18% | ||
| Profit Quality | 837% | ||
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.01 | ||
| Altman-Z | 3 |
F-Score8
WACC9.42%
ROIC/WACC0.16
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)27.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10%
EPS Next Y19.62%
EPS Next 2Y18.44%
EPS Next 3Y18.98%
EPS Next 5YN/A
Revenue 1Y (TTM)7.88%
Revenue growth 3Y12.07%
Revenue growth 5Y14.36%
Sales Q2Q%7.63%
Revenue Next Year8.63%
Revenue Next 2Y8.31%
Revenue Next 3Y7.92%
Revenue Next 5YN/A
EBIT growth 1Y1768%
EBIT growth 3Y33.25%
EBIT growth 5Y-1.65%
EBIT Next Year481.98%
EBIT Next 3Y96.8%
EBIT Next 5YN/A
FCF growth 1Y542.86%
FCF growth 3Y18.28%
FCF growth 5YN/A
OCF growth 1Y696.84%
OCF growth 3Y22.74%
OCF growth 5Y46.47%