Based on the key indicators related to Mirion Technologies' liquidity, profitability, solvency, and operating efficiency, Mirion Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in February. At this time, Mirion Technologies' Net Debt is relatively stable compared to the past year. As of 01/20/2025, Cash is likely to grow to about 155.5 M, while Other Liabilities is likely to drop slightly above 116.3 M. Key indicators impacting Mirion Technologies' financial strength include:
The financial analysis of Mirion Technologies is a critical element in measuring its lifeblood. Investors should not minimize Mirion Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Mirion Technologies competes with Enpro Industries, Graham, CSW Industrials, Gorman Rupp, and Hurco Companies. 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. Mirion Technologies, Inc. was incorporated in 2005 and is headquartered in Atlanta, Georgia. Mirion Technologies operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 2800 people.
The reason investors look at the income statement is to determine what Mirion Technologies' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Mirion Technologies's current stock value. Our valuation model uses many indicators to compare Mirion Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mirion Technologies competition to find correlations between indicators driving Mirion Technologies's intrinsic value. More Info.
Mirion Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Mirion Technologies' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Mirion Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Mirion Technologies Systematic Risk
Mirion Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mirion Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Mirion Technologies correlated with the market. If Beta is less than 0 Mirion Technologies generally moves in the opposite direction as compared to the market. If Mirion Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mirion Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mirion Technologies is generally in the same direction as the market. If Beta > 1 Mirion Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Mirion Technologies Thematic Clasifications
Mirion Technologies is part of Measuring and Control Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Measuring and Control Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Measuring and Control Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Mirion Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mirion Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mirion Technologies growth as a starting point in their analysis.
Mirion Technologies January 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mirion Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mirion Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mirion Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Mirion Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mirion Technologies's daily price indicators and compare them against related drivers.
When running Mirion Technologies' price analysis, check to measure Mirion Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirion Technologies is operating at the current time. Most of Mirion Technologies' value examination focuses on studying past and present price action to predict the probability of Mirion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirion Technologies' price. Additionally, you may evaluate how the addition of Mirion Technologies to your portfolios can decrease your overall portfolio volatility.