MIRION TECHNOLOGIES INC (MIR) Stock Fundamental Analysis
USA - NYSE:MIR - US60471A1016 - Common Stock
27.82 USD
-1.59 (-5.41%)
27.76 USD
-0.06 (-0.22%)
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
MIR had positive earnings in the past year.
MIR had a positive operating cash flow in the past year.
In the past 5 years MIR always reported negative net income.
MIR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MIR has a Return On Assets (0.76%) which is in line with its industry peers.
MIR has a Return On Equity of 1.44%. This is comparable to the rest of the industry: MIR outperforms 51.61% of its industry peers.
MIR's Return On Invested Capital of 1.38% is in line compared to the rest of the industry. MIR outperforms 49.19% 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
The Profit Margin of MIR (2.94%) is comparable to the rest of the industry.
Looking at the Operating Margin, with a value of 6.21%, MIR is in the better half of the industry, outperforming 66.94% of the companies in the same industry.
In the last couple of years the Operating Margin of MIR has declined.
MIR has a better Gross Margin (47.15%) than 79.84% 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.
MIR has more shares outstanding than it did 1 year ago.
MIR has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.00 indicates that MIR is not in any danger for bankruptcy at the moment.
MIR's Altman-Z score of 3.00 is in line compared to the rest of the industry. MIR outperforms 45.97% 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 of 12.91. This is comparable to the rest of the industry: MIR outperforms 51.61% 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 Debt to Equity ratio of 0.65. This is in the lower half of the industry: MIR underperforms 79.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 12.91 | ||
| Altman-Z | 3 |
ROIC/WACC0.15
WACC9.31%
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.
A Quick Ratio of 4.32 indicates that MIR has no problem at all paying its short term obligations.
MIR has a better Quick ratio (4.32) than 82.26% 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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.72% yearly.
The Revenue is expected to grow by 9.75% on average over the next years. This is quite good.
EPS Next Y21.03%
EPS Next 2Y21.73%
EPS Next 3Y18.72%
EPS Next 5YN/A
Revenue Next Year8.29%
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 55.64, the valuation of MIR can be described as expensive.
MIR's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of MIR to the average of the S&P500 Index (26.03), we can say MIR is valued expensively.
A Price/Forward Earnings ratio of 45.79 indicates a quite expensive valuation of MIR.
MIR's Price/Forward Earnings ratio is in line with the industry average.
MIR is valuated expensively when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.64 | ||
| Fwd PE | 45.79 |
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 | 75.05 | ||
| EV/EBITDA | 37.39 |
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 18.72% in the coming years.
PEG (NY)2.65
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 | N/A |
27.82
-1.59 (-5.41%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners90.02%
Inst Owner Change1.45%
Ins Owners4.13%
Ins Owner Change-1.75%
Market Cap6.96B
Revenue(TTM)902.30M
Net Income(TTM)26.50M
Analysts83.64
Price Target26.52 (-4.67%)
Short Float %10.7%
Short Ratio5.47
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)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)13.04%
PT rev (3m)26.21%
EPS NQ rev (1m)-2%
EPS NQ rev (3m)-8.41%
EPS NY rev (1m)-0.66%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.64 | ||
| Fwd PE | 45.79 | ||
| P/S | 7.72 | ||
| P/FCF | 75.05 | ||
| P/OCF | 53.12 | ||
| P/B | 3.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 37.39 |
EPS(TTM)0.5
EY1.8%
EPS(NY)0.61
Fwd EY2.18%
FCF(TTM)0.37
FCFY1.33%
OCF(TTM)0.52
OCFY1.88%
SpS3.6
BVpS7.36
TBVpS-0.26
PEG (NY)2.65
PEG (5Y)N/A
Graham Number9.1
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 | 3 |
F-Score6
WACC9.31%
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 Y21.03%
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 Year8.29%
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 Year481.07%
EBIT Next 3Y96.8%
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 5 / 10.