Mirum Pharmaceuticals Net Worth

Mirum Pharmaceuticals Net Worth Breakdown

  MIRM
The net worth of Mirum Pharmaceuticals is the difference between its total assets and liabilities. Mirum Pharmaceuticals' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Mirum Pharmaceuticals' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Mirum Pharmaceuticals' net worth can be used as a measure of its financial health and stability which can help investors to decide if Mirum Pharmaceuticals is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Mirum Pharmaceuticals stock.

Mirum Pharmaceuticals Net Worth Analysis

Mirum Pharmaceuticals' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Mirum Pharmaceuticals' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Mirum Pharmaceuticals' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Mirum Pharmaceuticals' net worth analysis. One common approach is to calculate Mirum Pharmaceuticals' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Mirum Pharmaceuticals' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Mirum Pharmaceuticals' net worth. This approach calculates the present value of Mirum Pharmaceuticals' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Mirum Pharmaceuticals' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Mirum Pharmaceuticals' net worth. This involves comparing Mirum Pharmaceuticals' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Mirum Pharmaceuticals' net worth relative to its peers.

Enterprise Value

1.16 Billion

To determine if Mirum Pharmaceuticals is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Mirum Pharmaceuticals' net worth research are outlined below:
The company reported the previous year's revenue of 186.37 M. Net Loss for the year was (163.41 M) with profit before overhead, payroll, taxes, and interest of 223.14 M.
Mirum Pharmaceuticals currently holds about 124.95 M in cash with (70.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.82.
Over 98.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Disposition of 6969 shares by Quan Joanne of Mirum Pharmaceuticals at 45.86 subject to Rule 16b-3
Mirum Pharmaceuticals uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Mirum Pharmaceuticals. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mirum Pharmaceuticals' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
13th of March 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Mirum Pharmaceuticals Target Price Consensus

Mirum target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Mirum Pharmaceuticals' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   10  Strong Buy
Most Mirum analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Mirum stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Mirum Pharmaceuticals, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Mirum Pharmaceuticals Target Price Projection

Mirum Pharmaceuticals' current and average target prices are 47.71 and 62.30, respectively. The current price of Mirum Pharmaceuticals is the price at which Mirum Pharmaceuticals is currently trading. On the other hand, Mirum Pharmaceuticals' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Mirum Pharmaceuticals Market Quote on 23rd of January 2025

Low Price46.72Odds
High Price47.71Odds

47.71

Target Price

Analyst Consensus On Mirum Pharmaceuticals Target Price

Low Estimate56.69Odds
High Estimate69.15Odds

62.3

Historical Lowest Forecast  56.69 Target Price  62.3 Highest Forecast  69.15
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Mirum Pharmaceuticals and the information provided on this page.

Know Mirum Pharmaceuticals' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Mirum Pharmaceuticals is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mirum Pharmaceuticals backward and forwards among themselves. Mirum Pharmaceuticals' institutional investor refers to the entity that pools money to purchase Mirum Pharmaceuticals' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2024-09-30
936.2 K
Pictet Asset Manangement Sa2024-09-30
895.7 K
Clearbridge Advisors, Llc2024-09-30
889.1 K
Lord, Abbett & Co Llc2024-09-30
741.4 K
Avidity Partners Management Lp2024-09-30
731.1 K
Polar Capital Holdings Plc2024-09-30
675 K
First Turn Management Llc2024-09-30
647.6 K
Goldman Sachs Group Inc2024-09-30
638 K
Morgan Stanley - Brokerage Accounts2024-09-30
625.9 K
Hhg Plc2024-09-30
4.5 M
Eventide Asset Management, Llc2024-09-30
3.4 M
Note, although Mirum Pharmaceuticals' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Mirum Pharmaceuticals' market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.24 B.

Market Cap

1.14 Billion

Project Mirum Pharmaceuticals' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.48)(0.50)
Return On Capital Employed(0.22)(0.24)
Return On Assets(0.23)(0.24)
Return On Equity(0.76)(0.72)
The company has Profit Margin (PM) of (0.33) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.14) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.14.
When accessing Mirum Pharmaceuticals' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Mirum Pharmaceuticals' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Mirum Pharmaceuticals' profitability and make more informed investment decisions.

Evaluate Mirum Pharmaceuticals' management efficiency

Mirum Pharmaceuticals has return on total asset (ROA) of (0.091) % which means that it has lost $0.091 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3984) %, meaning that it created substantial loss on money invested by shareholders. Mirum Pharmaceuticals' management efficiency ratios could be used to measure how well Mirum Pharmaceuticals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of January 2025, Return On Tangible Assets is likely to drop to -0.5. In addition to that, Return On Capital Employed is likely to drop to -0.24. At this time, Mirum Pharmaceuticals' Debt To Assets are very stable compared to the past year. As of the 23rd of January 2025, Fixed Asset Turnover is likely to grow to 88.50, while Other Assets are likely to drop 1.09.
Last ReportedProjected for Next Year
Book Value Per Share 5.47  3.50 
Tangible Book Value Per Share(0.12)(0.11)
Enterprise Value Over EBITDA(8.10)(8.51)
Price Book Value Ratio 4.37  4.59 
Enterprise Value Multiple(8.10)(8.51)
Price Fair Value 4.37  4.59 
Enterprise Value1.1 B1.2 B
The strategic initiatives led by Mirum Pharmaceuticals' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue
7.6099
Revenue
307 M
Quarterly Revenue Growth
0.894
Revenue Per Share
6.513
Return On Equity
(0.40)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mirum Pharmaceuticals insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mirum Pharmaceuticals' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mirum Pharmaceuticals insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Quan Joanne few days ago
Disposition of 6969 shares by Quan Joanne of Mirum Pharmaceuticals at 45.86 subject to Rule 16b-3
 
Pamela Vig over a week ago
Disposition of 1379 shares by Pamela Vig of Mirum Pharmaceuticals at 20.6223 subject to Rule 16b-3
 
Howe Jolanda over two weeks ago
Disposition of 750 shares by Howe Jolanda of Mirum Pharmaceuticals at 42.8153 subject to Rule 16b-3
 
Longpre Lara over a month ago
Acquisition by Longpre Lara of 434 shares of Mirum Pharmaceuticals at 22.287 subject to Rule 16b-3
 
Grey Michael G over three months ago
Disposition of 102788 shares by Grey Michael G of Mirum Pharmaceuticals subject to Rule 16b-3
 
Heron Patrick J over three months ago
Acquisition by Heron Patrick J of 115 shares of Mirum Pharmaceuticals at 37.4 subject to Rule 16b-3
 
Bjerkholt Eric over three months ago
Disposition of 18334 shares by Bjerkholt Eric of Mirum Pharmaceuticals subject to Rule 16b-3
 
Christopher Peetz over six months ago
Acquisition by Christopher Peetz of 34013 shares of Mirum Pharmaceuticals at 2.936 subject to Rule 16b-3
 
Howe Jolanda over six months ago
Disposition of 375 shares by Howe Jolanda of Mirum Pharmaceuticals at 34.0 subject to Rule 16b-3
 
Howe Jolanda over six months ago
Disposition of 1042 shares by Howe Jolanda of Mirum Pharmaceuticals subject to Rule 16b-3
 
Pamela Vig over six months ago
Disposition of 30559 shares by Pamela Vig of Mirum Pharmaceuticals at 34.0 subject to Rule 16b-3
 
Baskett Forest over six months ago
Disposition of 2000000 shares by Baskett Forest of Mirum Pharmaceuticals subject to Rule 16b-3

Mirum Pharmaceuticals Corporate Filings

F4
21st of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
13th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
10th of July 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
Mirum Pharmaceuticals time-series forecasting models is one of many Mirum Pharmaceuticals' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mirum Pharmaceuticals' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Mirum Pharmaceuticals Earnings Estimation Breakdown

The calculation of Mirum Pharmaceuticals' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Mirum Pharmaceuticals is estimated to be -0.3555 with the future projection ranging from a low of -0.44 to a high of -0.095. Please be aware that this consensus of annual earnings estimates for Mirum Pharmaceuticals is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.3
-0.44
Lowest
Expected EPS
-0.3555
-0.1
Highest

Mirum Pharmaceuticals Earnings Projection Consensus

Suppose the current estimates of Mirum Pharmaceuticals' value are higher than the current market price of the Mirum Pharmaceuticals stock. In this case, investors may conclude that Mirum Pharmaceuticals is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Mirum Pharmaceuticals' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
1069.66%
-0.2979
-0.3555
-2.08

Mirum Pharmaceuticals Earnings per Share Projection vs Actual

Actual Earning per Share of Mirum Pharmaceuticals refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Mirum Pharmaceuticals predict the company's earnings will be in the future. The higher the earnings per share of Mirum Pharmaceuticals, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Mirum Pharmaceuticals Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Mirum Pharmaceuticals, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Mirum Pharmaceuticals should always be considered in relation to other companies to make a more educated investment decision.

Mirum Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Mirum Pharmaceuticals' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-04
2024-09-30-0.45-0.29790.152133 
2024-08-07
2024-06-30-0.47-0.52-0.0510 
2024-05-08
2024-03-31-0.48-0.54-0.0612 
2024-02-28
2023-12-31-0.24-0.66-0.42175 
2023-11-02
2023-09-30-0.63-0.570.06
2023-08-03
2023-06-30-0.8-1.94-1.14142 
2023-05-04
2023-03-31-0.94-0.80.1414 
2023-03-08
2022-12-31-1.02-0.990.03
2022-11-09
2022-09-30-1.07-1.020.05
2022-08-04
2022-06-30-1.15-0.840.3126 
2022-05-05
2022-03-31-1.34-1.170.1712 
2022-03-09
2021-12-310.35-1.66-2.01574 
2021-11-15
2021-09-30-1.73-1.550.1810 
2021-08-05
2021-06-30-0.65-1.45-0.8123 
2021-05-06
2021-03-31-0.69-1.69-1.0144 
2021-03-09
2020-12-31-0.72-1.43-0.7198 
2020-11-12
2020-09-30-0.98-0.860.1212 
2020-08-06
2020-06-30-0.87-0.93-0.06
2020-05-07
2020-03-31-0.82-0.86-0.04
2020-03-12
2019-12-31-0.85-0.790.06
2019-11-06
2019-09-30-0.59-0.84-0.2542 
2019-08-28
2019-06-30-0.57-5.31-4.74831 
2019-05-29
2019-03-310-0.5953-0.5953

Mirum Pharmaceuticals Corporate Management

Peter MBAChief OfficerProfile
Eric MBAChief OfficerProfile
Ian ClementsChief OfficerProfile
Paul RossChief OfficerProfile
Joanne MDChief OfficerProfile
MSC MBAChief OfficerProfile
When determining whether Mirum Pharmaceuticals is a strong investment it is important to analyze Mirum Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mirum Pharmaceuticals' future performance. For an informed investment choice regarding Mirum Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirum Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Mirum Stock, please use our How to Invest in Mirum Pharmaceuticals guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.