Mirum Pharmaceuticals Stock Net Income
| MIRM Stock | USD 43.48 0.21 0.48% |
Mirum Pharmaceuticals fundamentals help investors to digest information that contributes to Mirum Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Mirum Stock. The fundamental analysis module provides a way to measure Mirum Pharmaceuticals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mirum Pharmaceuticals stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -164.2 M | -156 M | |
| Net Loss | -122.1 M | -128.2 M | |
| Net Loss | -163.4 M | -155.2 M | |
| Net Loss | (4.00) | (4.20) | |
| Net Income Per E B T | 1.01 | 1.09 |
Mirum | Net Income |
Mirum Pharmaceuticals Company Net Income Analysis
Mirum Pharmaceuticals' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Mirum Pharmaceuticals Net Income | (163.41 M) |
Most of Mirum Pharmaceuticals' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mirum Pharmaceuticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mirum Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Mirum Pharmaceuticals is extremely important. It helps to project a fair market value of Mirum Stock properly, considering its historical fundamentals such as Net Income. Since Mirum Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mirum Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mirum Pharmaceuticals' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Mirum Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Mirum Pharmaceuticals reported net income of (163.41 Million). This is 147.88% lower than that of the Biotechnology sector and significantly lower than that of the Health Care industry. The net income for all United States stocks is 128.62% higher than that of the company.
Mirum Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mirum Pharmaceuticals' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mirum Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Mirum Pharmaceuticals by comparing valuation metrics of similar companies.Mirum Pharmaceuticals is currently under evaluation in net income category among its peers.
Mirum Pharmaceuticals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mirum Pharmaceuticals from analyzing Mirum Pharmaceuticals' financial statements. These drivers represent accounts that assess Mirum Pharmaceuticals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mirum Pharmaceuticals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 563.7M | 440.9M | 483.6M | 1.2B | 1.1B | 1.1B | |
| Enterprise Value | 427.4M | 302.1M | 454.9M | 1.2B | 1.1B | 1.2B |
Mirum Pharmaceuticals ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mirum Pharmaceuticals' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mirum Pharmaceuticals' managers, analysts, and investors.Environmental | Governance | Social |
Mirum Pharmaceuticals Institutional Holders
Institutional Holdings refers to the ownership stake in Mirum Pharmaceuticals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mirum Pharmaceuticals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mirum Pharmaceuticals' value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.1 M | Franklin Resources Inc | 2024-06-30 | 941.6 K | Geode Capital Management, Llc | 2024-06-30 | 907.2 K | Pictet Asset Manangement Sa | 2024-06-30 | 875.1 K | Goldman Sachs Group Inc | 2024-06-30 | 759 K | Polar Capital Holdings Plc | 2024-06-30 | 741 K | Avidity Partners Management Lp | 2024-06-30 | 731.1 K | Clearbridge Advisors, Llc | 2024-06-30 | 699.9 K | First Turn Management Llc | 2024-09-30 | 647.6 K | Hhg Plc | 2024-06-30 | 5 M | Eventide Asset Management, Llc | 2024-06-30 | 3.6 M |
Mirum Fundamentals
| Return On Equity | -0.4 | ||||
| Return On Asset | -0.091 | ||||
| Profit Margin | (0.33) % | ||||
| Operating Margin | (0.14) % | ||||
| Current Valuation | 2.13 B | ||||
| Shares Outstanding | 48 M | ||||
| Shares Owned By Insiders | 2.24 % | ||||
| Shares Owned By Institutions | 97.76 % | ||||
| Number Of Shares Shorted | 6.85 M | ||||
| Price To Earning | (5.20) X | ||||
| Price To Book | 9.04 X | ||||
| Price To Sales | 6.83 X | ||||
| Revenue | 186.37 M | ||||
| Gross Profit | 64.69 M | ||||
| EBITDA | (136.49 M) | ||||
| Net Income | (163.41 M) | ||||
| Cash And Equivalents | 124.95 M | ||||
| Cash Per Share | 3.82 X | ||||
| Total Debt | 308.14 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 3.26 X | ||||
| Book Value Per Share | 4.84 X | ||||
| Cash Flow From Operations | (70.94 M) | ||||
| Short Ratio | 22.50 X | ||||
| Earnings Per Share | (2.08) X | ||||
| Target Price | 62.55 | ||||
| Number Of Employees | 311 | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 2.1 B | ||||
| Total Asset | 646.62 M | ||||
| Retained Earnings | (556.24 M) | ||||
| Working Capital | 300.48 M | ||||
| Current Asset | 106.8 M | ||||
| Current Liabilities | 11.7 M | ||||
| Net Asset | 646.62 M |
About Mirum Pharmaceuticals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mirum Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mirum Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mirum Pharmaceuticals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mirum Pharmaceuticals. If investors know Mirum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mirum Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.08) | Revenue Per Share 6.513 | Quarterly Revenue Growth 0.894 | Return On Assets (0.09) | Return On Equity (0.40) |
The market value of Mirum Pharmaceuticals is measured differently than its book value, which is the value of Mirum that is recorded on the company's balance sheet. Investors also form their own opinion of Mirum Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Mirum Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mirum Pharmaceuticals' market value can be influenced by many factors that don't directly affect Mirum Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mirum Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mirum Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirum Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.