Mirion Technologies, Inc. (MIR) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-13.8%

$16.21

vs $18.80 price

Levered DCF

$13.06

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.03

Grey zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	180.15×	-96.94×	-20.92×	-4.32×	-17.16×	-22.71×	-1.64×	-3,208,435.44×
P/B	2.89×	2.38×	1.36×	0.86×	1.29×	-2.2×	45,885.37×	201,167.64×
P/S	5.82×	4.16×	2.51×	1.67×	3.26×	0×	0.45×	2.13×
EV / EBITDA	29.15×	23.03×	17.48×	18.92×	68.25×	46.07×	2.03×	13.09×
Gross margin	47.4%	46.7%	44.5%	44.2%	42.5%	0.0%	42.8%	37.9%
Operating margin	5.6%	2.9%	-2.7%	-41.5%	-10.3%	0.0%	6.5%	-1.1%
Net margin	3.1%	-4.2%	-12.1%	-38.6%	-33.3%	0.0%	-27.7%	-23.4%
Current ratio	2.83×	2.26×	2.03×	1.97×	2.05×	2.12×	7.86×	16.95×
Debt / equity	0.66×	0.48×	0.49×	0.61×	0.51×	-2.36×	0×	0×
Interest coverage	1.22×	0.43×	-0.35×	-7.01×	-1.16×	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.5%	-2.4%	-6.5%	-19.8%	-13.1%	6.3%	-2795600.4%	-2204038.3%
Return on invested capital	1.4%	1.0%	-0.8%	-11.3%	-2.3%	-0.2%	637981.7%	-73729.4%
Return on assets	0.8%	-1.4%	-3.6%	-10.1%	-7.1%	-3.6%	-2440000.0%	-2074000.0%
Free cash flow yield	2.0%	1.4%	2.9%	0.4%	-0.8%	1.2%	-0.9%	0.3%
Earnings yield	0.5%	-1.0%	-4.8%	-23.1%	-10.2%	-2.9%	-60.9%	-11.0%
Enterprise value	$6.2B	$4.1B	$2.6B	$2B	$3B	$3.2B	$200.2M	$946.5M
Net debt / EBITDA	3.86×	3.04×	3.97×	7.44×	17.94×	23.04×	-0×	-0×
Cash conversion cycle (days)	186	168	175	184	181	0	-0	-0