MIR - Mirion Technologies, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$28.25
DETAILS
HIGH:
$29.00
LOW:
$27.00
MEDIAN:
$28.50
CONSENSUS:
$28.25
UPSIDE:
53.95%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 925.4 | 860.8 | 800.9 | 717.8 | 668.3 | 0 | 440.1 | 444.1 |
| Cost of Revenue | 486.8 | 459 | 444.4 | 400.6 | 384.1 | 0 | 251.8 | 275.7 |
| Gross Profit | 438.6 | 401.8 | 356.5 | 317.2 | 284.2 | 0 | 188.3 | 168.4 |
| Operating Expenses | ||||||||
| R&D Expenses | 38.9 | 35 | 31.7 | 30.3 | 36.2 | 0 | 14 | 19.3 |
| SG&A Expenses | 348.2 | 338.2 | 338.6 | 357.1 | 267.6 | 2.4 | 145.4 | 153.8 |
| Other Expenses | 0 | 3.8 | 8.1 | 227.6 | 49.1 | 0 | 0.1 | 0 |
| Operating Expenses | 387.1 | 377 | 378.4 | 615 | 352.9 | 2.4 | 159.5 | 173.1 |
| Operating Income | ||||||||
| Operating Income | 51.5 | 24.8 | (21.9) | (297.8) | (68.7) | (2.4) | 28.8 | (4.7) |
| Interest Expense | 42.2 | 57.9 | 61.9 | 42.5 | 59 | 0 | 0 | 0 |
| Interest Income | 12.1 | 6.6 | 4.8 | 0.6 | 145.8 | 0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | 212.9 | 179 | 149 | 104.3 | 92.6 | (2.4) | 98.4 | 72.3 |
| EBIT | 74.9 | 28.6 | (13.8) | (70.2) | (19.6) | (2.4) | 28.9 | (4.7) |
| Income Before Tax | 32.7 | (33.9) | (105.3) | (306.6) | (228.5) | (45.5) | (126.2) | (140.5) |
| Income Tax Expense | 2.9 | 2.7 | (6.6) | (18.2) | (5.1) | (0.3) | (4.2) | (36.8) |
| Net Income | 28.8 | (36.1) | (96.9) | (276.9) | (222.5) | (45.3) | (122) | (103.7) |
| Per Share Data | ||||||||
| EPS (Basic) | 0.13 | -0.18 | -0.49 | -1.53 | -0.61 | -0.48 | – | – |
| EPS (Diluted) | 0.11 | -0.18 | -0.49 | -1.53 | -0.61 | -0.48 | – | – |
| Shares Outstanding | 230.0 | 205.0 | 196.4 | 181.1 | 208.1 | 144.8 | 20.1 | 95.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 412.3 | 175.2 | 128.8 | 73.5 | 84 | 118.4 | 0.0 | 0.0 |
| Short-Term Investments | 0 | 5.9 | 5.3 | 4.3 | 4.9 | 0 | 0 | 0 |
| Net Receivables | 280.2 | 244.7 | 230.4 | 225.6 | 219.7 | 156.8 | 0 | 0 |
| Inventory | 151.9 | 133.2 | 144.1 | 143.3 | 123.6 | 90.2 | 0 | 0 |
| Other Current Assets | 53.4 | 22.5 | 17.9 | 30.7 | 15.9 | 7.6 | 0 | 0 |
| Total Current Assets | 897.8 | 594.7 | 538.6 | 480.6 | 453.4 | 389.7 | 0.0 | 0.0 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 187 | 176.6 | 167.4 | 164.9 | 169.7 | 75.2 | 0 | 0 |
| Goodwill | 1,872.4 | 1,426.2 | 1,447.6 | 1,418 | 1,662.6 | 522.6 | 0 | 0 |
| Intangible Assets | 606.3 | 411.6 | 538.8 | 650.4 | 806.9 | 248.3 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 24.6 | 26.9 | 26.1 | (116.3) | 25.4 | 8 | 0 | 0 |
| Total Non-Current Assets | 2,690.3 | 2,041.3 | 2,179.9 | 2,233.3 | 2,664.6 | 854.1 | 0 | 0 |
| Total Assets | 3,588.1 | 2,636 | 2,718.5 | 2,738.7 | 3,118 | 1,243.8 | 0.0 | 0.0 |
| Current Liabilities | ||||||||
| Account Payables | 57.4 | 56.5 | 58.7 | 67.7 | 59.4 | 38.7 | 0.0 | 0.0 |
| Short-Term Debt | 9.3 | 1.2 | 1.2 | 5.3 | 3.9 | 41.1 | 0 | 0 |
| Deferred Revenue | 112.3 | 110.9 | 103.4 | 83 | 81.8 | 0 | 0 | 0 |
| Other Current Liabilities | 137.1 | 16.3 | 49.2 | 36.4 | 36.3 | 57.4 | 0 | 0 |
| Total Current Liabilities | 316.1 | 263.5 | 265.7 | 244.3 | 221 | 183.5 | 0.0 | 0.0 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 1,224.4 | 685.2 | 684.7 | 801.5 | 806.8 | 1,656.9 | 0 | 0 |
| Deferred Tax Liabilities | 70 | 61.1 | 84 | 116.3 | 161 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 33.9 | 37.1 | 106 | 75 | 104.6 | 119.9 | 0 | 0 |
| Total Non-Current Liabilities | 1,355.1 | 813.5 | 902.8 | 1,027.2 | 1,113 | 1,776.8 | 0.0 | 0.0 |
| Total Liabilities | 1,671.2 | 1,076.9 | 1,168.5 | 1,271.5 | 1,334 | 1,960.3 | 0.0 | 0.0 |
| Stockholders' Equity | ||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 |
| Retained Earnings | (512.7) | (541.5) | (505.4) | (408.5) | (131.6) | (729.7) | (0.0) | (0.0) |
| Accumulated Other Comprehensive Income | (52.6) | (93) | (65.3) | (75.7) | (20.7) | 1.4 | 0 | 0 |
| Total Stockholders' Equity | 1,866.4 | 1,505.6 | 1,484.5 | 1,398.2 | 1,693.2 | (718.7) | 0.0 | 0.0 |
| Total Liabilities & Equity | 3,588.1 | 2,636 | 2,718.5 | 2,738.7 | 3,118 | 1,243.8 | 0.0 | 0.0 |
| Debt Metrics | ||||||||
| Total Debt | 1,260.5 | 719.9 | 721 | 849.6 | 860.6 | 1,698 | 0 | 0 |
| Net Debt | 848.2 | 544.7 | 592.2 | 776.1 | 776.6 | 1,579.6 | (0.0) | (0.0) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 28.8 | (36.6) | (96.9) | (288.4) | (127.9) | (119.1) | (0.0) | (103.7) |
| Depreciation & Amortization | 138 | 150.4 | 162.5 | 174.5 | 62.9 | 71 | 69.5 | 77 |
| Stock-Based Compensation | 15.2 | 15.6 | 21.9 | 31.8 | 0 | 0.2 | 0.1 | 0.2 |
| Change in Working Capital | (15.7) | (26.8) | (0.7) | (38.4) | (11) | (2.5) | 0.0 | (16.6) |
| Other Non-Cash Items | (0.7) | 20.3 | 39.3 | 197.1 | 96.5 | 89.9 | 67.2 | 58.7 |
| Operating Cash Flow | 143.3 | 99.1 | 95.2 | 39.4 | 0.9 | 39.5 | 14.7 | 15.6 |
| Investing Activities | ||||||||
| Capital Expenditure | (36.4) | (48.8) | (37.1) | (34.2) | (17.6) | (19.9) | (16.5) | (12.6) |
| Acquisitions | (661.9) | (1) | (30.4) | (6.6) | (2,184.3) | (55.7) | (9.1) | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 3.6 | 0 | 0.5 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 3.7 | 2.5 | 2.8 | 0.8 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (694.6) | (43.7) | (64.7) | (39.5) | (2,201.9) | (75.6) | (25.6) | (12.6) |
| Financing Activities | ||||||||
| Net Debt Issuance | 422.6 | 0 | (127.3) | (6.6) | 804.2 | 120.4 | 23.6 | (4.9) |
| Stock Repurchased | (49.6) | (2) | (1) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (6.8) | (1.3) | 0.9 | (0.4) | (125.9) | (1.5) | (8.6) | (0.6) |
| Financing Cash Flow | 775.9 | (3.3) | 22.6 | (7) | 1,538.7 | 118.9 | 15 | (5.5) |
| Cash Position | ||||||||
| Net Change in Cash | 239.6 | 45.1 | 55.5 | (10.3) | 84.2 | 82.4 | 0 | (2.1) |
| Cash at Beginning | 175.6 | 130.5 | 75 | 85.3 | 0.4 | 37.6 | 0.0 | 38 |
| Cash at End | 415.2 | 175.6 | 130.5 | 75 | 84.6 | 120 | 0.0 | 35.9 |
| Free Cash Flow | 106.9 | 50.3 | 58.1 | 5.2 | (16.7) | 19.6 | (1.8) | 3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 925.4 | 860.8 | 800.9 | 717.8 | 668.3 | 0 | 440.1 | 444.1 |
| Gross Profit | 438.6 | 401.8 | 356.5 | 317.2 | 284.2 | 0 | 188.3 | 168.4 |
| Operating Income | 51.5 | 24.8 | (21.9) | (297.8) | (68.7) | (2.4) | 28.8 | (4.7) |
| Net Income | 28.8 | (36.1) | (96.9) | (276.9) | (222.5) | (45.3) | (122) | (103.7) |
| EPS (Diluted) | 0.11 | -0.18 | -0.49 | -1.53 | -0.61 | -0.48 | – | – |
| Balance Sheet | ||||||||
| Cash & Equivalents | 412.3 | 175.2 | 128.8 | 73.5 | 84 | 118.4 | 0.0 | 0.0 |
| Total Assets | 3,588.1 | 2,636 | 2,718.5 | 2,738.7 | 3,118 | 1,243.8 | 0.0 | 0.0 |
| Total Debt | 1,260.5 | 719.9 | 721 | 849.6 | 860.6 | 1,698 | 0 | 0 |
| Stockholders' Equity | 1,866.4 | 1,505.6 | 1,484.5 | 1,398.2 | 1,693.2 | (718.7) | 0.0 | 0.0 |
| Cash Flow | ||||||||
| Operating Cash Flow | 143.3 | 99.1 | 95.2 | 39.4 | 0.9 | 39.5 | 14.7 | 15.6 |
| Capital Expenditure | (36.4) | (48.8) | (37.1) | (34.2) | (17.6) | (19.9) | (16.5) | (12.6) |
| Free Cash Flow | 106.9 | 50.3 | 58.1 | 5.2 | (16.7) | 19.6 | (1.8) | 3 |