Mirion Technologies Gross Profit vs. Number Of Shares Shorted

MIR Stock  USD 16.87  0.59  3.62%   
Based on Mirion Technologies' profitability indicators, Mirion Technologies may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Mirion Technologies' ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
356.4 M
Current Value
263.4 M
Quarterly Volatility
61 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Mirion Technologies' Days Sales Outstanding is relatively stable compared to the past year. As of 11/30/2024, EV To Sales is likely to grow to 3.46, while Price To Sales Ratio is likely to drop 1.98. As of 11/30/2024, Change To Netincome is likely to grow to about 213.4 M, while Accumulated Other Comprehensive Income is likely to drop (68.6 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.310.445
Way Down
Very volatile
For Mirion Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mirion Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mirion Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mirion Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mirion Technologies over time as well as its relative position and ranking within its peers.
  

Mirion Technologies' Revenue Breakdown by Earning Segment

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To learn how to invest in Mirion Stock, please use our How to Invest in Mirion Technologies guide.
Is Industrial Machinery & Supplies & Components 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 Mirion Technologies. If investors know Mirion 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 Mirion Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Revenue Per Share
4.143
Quarterly Revenue Growth
0.082
Return On Assets
0.003
Return On Equity
(0.04)
The market value of Mirion Technologies is measured differently than its book value, which is the value of Mirion that is recorded on the company's balance sheet. Investors also form their own opinion of Mirion Technologies' value that differs from its market value or its book value, called intrinsic value, which is Mirion Technologies' 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 Mirion Technologies' market value can be influenced by many factors that don't directly affect Mirion Technologies' 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 Mirion Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mirion Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirion Technologies' 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.

Mirion Technologies Number Of Shares Shorted vs. Gross Profit Fundamental Analysis

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.
Mirion Technologies is rated below average in gross profit category among its peers. It is considered to be number one stock in number of shares shorted category among its peers making about  0.01  of Number Of Shares Shorted per Gross Profit. The ratio of Gross Profit to Number Of Shares Shorted for Mirion Technologies is roughly  70.14 . At this time, Mirion Technologies' Gross Profit 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 Number Of Shares Shorted vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Mirion Technologies

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
317.2 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Mirion Technologies

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
4.52 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Mirion Number Of Shares Shorted Comparison

Mirion Technologies is currently under evaluation in number of shares shorted category among its peers.

Mirion Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mirion Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mirion Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Mirion Technologies' change in net profit over the period of time. It can combine multiple indicators of Mirion Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-65.3 M-68.6 M
Net Loss-249.2 M-236.7 M
Income Tax Expense-6.6 M-6.3 M
Operating Income-21.9 M-20.8 M
Income Before Tax-105.3 M-110.6 M
Total Other Income Expense Net-83.4 M-79.2 M
Net Loss-96.9 M-101.7 M
Interest Income4.8 M4.6 M
Net Loss-98.7 M-103.6 M
Net Interest Income-57.1 M-60 M
Change To Netincome203.2 M213.4 M
Net Loss(0.49)(0.52)
Income Quality(0.98)(1.03)
Net Income Per E B T 0.92  0.74 

Mirion Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Mirion Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mirion Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mirion Technologies' important profitability drivers and their relationship over time.

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Additional Tools for Mirion Stock Analysis

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.