Mirion Technologies, Inc.

Mirion Technologies, Inc.

MIRยทNYSE

$18.24

+0.94%
IndustrialsIndustrial - Machinery

Mirion Technologies, Inc. provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, and Japan. It operates through two segments, Medical and Industrial. The medical segment offers radiation oncology quality assurance and dosimetry solutions; patient safety solutions for diagnostic imaging and radiation therapy centers; radiation therapy quality assurance solutions for calibrating and verifying imaging and treatment accuracy; and radionuclide therapy products for nuclear medicine applications, such as shielding, product handling, medical imaging furniture, and rehabilitation products. This segment supports applications in medical diagnostics, cancer treatment, practitioner safety, and rehabilitation. The Industrial segment focuses on addressing critical radiation safety, measurement, and analysis applications; and provides personal radiation detection, identification equipment, and analysis tools. The company's products and solutions also include nuclear medicines, dosimeters, contamination and clearance monitors, reactor instrumentation and control equipment and systems, medical and industrial imaging systems and related accessories, alpha spectroscopy instruments, alpha/beta counting instruments, and gamma spectroscopy detector systems; and electrical penetration, cancer diagnostics, software, and other services. It serves hospitals, clinics and urgent care facilities, dental and veterinary offices, radiation treatment facilities, OEMs for radiation therapy, laboratories, military organizations, government agencies, industrial companies, power and utility companies, reactor design firms, and NPPs. The company was formerly known as Global Monitoring Systems, Inc. and changed its name to Mirion Technologies, Inc. in January 2006. Mirion Technologies, Inc. was incorporated in 2005 and is headquartered in Atlanta, Georgia.

At a Glance

Live Snapshot
Market Cap$4.46B
EPS0.1300
P/E Ratio140.31
Earnings Date07/30/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 140.3).

Valuation inputs: P/E 140.3, earnings yield +0.7%, momentum +0.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +1.5%, ROIC +1.4%).

Profitability stack: net margin +3.1%, ROE +1.5%, ROIC +1.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +46.6%, momentum +0.9%, net margin +3.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Mirion Technologies, Inc. Market vs Earnings Trajectory

MIR ยท NYSE

Loading price and EPS data...

Mirion Technologies, Inc.

Mirion Technologies, Inc. Fair Value Envelope

MIR ยท NYSE

Our analysis suggests that MIR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $18.24, this represents a potential HIDDEN relative to our calculated worth for Mirion Technologies, Inc..

Intrinsic Value
Current Price: $18.24
3Y-108.0%
5Y-127.0%
10Y-
3Y+29.0%
5Y-
10Y+108.0%
3Y-110.0%
5Y-164.0%
10Y-128.0%
3Y+264.0%
5Y+263.0%
10Y+819.0%
3Y+1956.0%
5Y+445.0%
10Y+3463.0%
3Y+31.0%
5Y+188.0%
10Y+71761900.0%
Mirion Technologies, Inc.

Mirion Technologies, Inc. Profit Bridge

MIR ยท NYSE
Revenue925.40M
Cost of Goods Sold (486.80M)
Gross Profit438.60M
Operating Expenses (387.10M)
Operating Income51.50M
Interest Expense (42.20M)
Other Income/Expense-18.80M
Pretax Income32.70M
Income Tax (2.90M)
Net Income28.80M
Net Income
28.80M

Profitability Analysis

Gross Margin

47.4%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

5.6%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.1%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

8.9%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

47.40%
Gross Profit Margin
2%
3Y+7.0%
5Y-
10Y+25.0%
5.57%
Operating Profit Margin
93%
3Y-113.0%
5Y-
10Y-626.0%
3.11%
Net Profit Margin
-174%
3Y-108.0%
5Y-
10Y-113.0%
1.54%
Return on Equity
-164%
3Y-108.0%
5Y-75.0%
10Y-100.0%
0.80%
Return on Assets
-159%
3Y-108.0%
5Y-122.0%
10Y-100.0%
1.43%
Return on Invested Capital
37%
3Y-113.0%
5Y-747.0%
10Y-100.0%
MIR

Mirion Technologies, Inc. Cash Conversion Engine

MIR ยท NYSE
Net Income28.80M
Depreciation & Amortization138.00M
Stock-Based Compensation15.20M
Change in Working Capital-15.70M
Others-700.00K
Capital Expenditures-36.40M
Free Cash Flow106.90M

Cash Flow Quality Analysis

FCF Conversion Rate

371.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

25.4%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+112.5%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$15.70M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Mirion Technologies, Inc. Funding & Solvency Profile

MIR ยท NYSE
Cash & Cash Equivalents397.90M
Net Receivables280.40M
Inventory157.90M
Other Current Assets54.70M
Total Current Assets891 M
Property, Plant & Equipment183.40M
Goodwill & Intangible Assets2.44B
Long-Term Investments0.00
Other Non-Current Assets25.20M
Total Non-Current Assets209 M
Total Assets
3.54B

Financial Health Analysis

Current Ratio

3.19x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.87x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

612 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

25% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Mirion Technologies, Inc. Street Expectations Map

MIR ยท NYSE

Wall Street analysts project that MIR stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 28.25, with estimates ranging from a low of 27.00 to a high of 29.00.

Lowest Target
27.00
48.03%
Consensus Target
28.25
54.88%
Highest Target
29.00
58.99%

The consensus 1-year price target stands at 28.25, with estimates ranging from a low of 27.00 to a high of 29.00.

Analyst Consensus Analysis

Upside Potential

+54.9%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

7.1% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Mirion Technologies, Inc. Insider Positioning

MIR ยท NYSE

During the last 12 months, insiders have sold $31.71M worth of MIR shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

8.4K

164.98K

Net Activity

-165K

-$165K

3-6 Months

Bought

0

0.00

Sold

350.0K

8.65M

Net Activity

-8.7M

-$8.65M

6-9 Months

Bought

0

0.00

Sold

407.5K

10.10M

Net Activity

-10.1M

-$10.10M

9-12 Months

Bought

0

0.00

Sold

597.2K

12.79M

Net Activity

-12.8M

-$12.79M

Top Buyers

No buying activity

Top Sellers

1
KLD

Kingsley Lawrence D

Director

650.0K sharesโ€ข2 transactions

$15.80M

2
LTD

Logan Thomas D

Director, Officer: Chief Executive Officer

500.0K sharesโ€ข2 transactions

$10.74M

3
SB

Schopfer Brian

Officer: Chief Financial Officer

125.0K sharesโ€ข2 transactions

$2.96M

4
EL

Eloy Loic

Officer: Nuclear & Safety President

67.2K sharesโ€ข2 transactions

$1.70M

5
LE

Lee Emmanuelle

Officer: Chief Legal Officer

12.5K sharesโ€ข1 transactions

$343K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $31.71M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$165K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

MIR has not reported any dividend yield values in the available annual periods.

ย 

mir Dividend History

MIR
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%