Critical Review: Mirion Technologies (NYSE:MIR) versus SmartRent (NYSE:SMRT)

SmartRent (NYSE:SMRTGet Free Report) and Mirion Technologies (NYSE:MIRGet Free Report) are both business services companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, analyst recommendations, profitability, risk and earnings.

Analyst Ratings

This is a summary of recent ratings and target prices for SmartRent and Mirion Technologies, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SmartRent 1 3 0 0 1.75
Mirion Technologies 0 1 7 1 3.00

SmartRent presently has a consensus target price of $1.45, suggesting a potential downside of 20.11%. Mirion Technologies has a consensus target price of $28.29, suggesting a potential upside of 8.72%. Given Mirion Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Mirion Technologies is more favorable than SmartRent.

Valuation and Earnings

This table compares SmartRent and Mirion Technologies”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
SmartRent $174.88 million 1.96 -$33.64 million ($0.36) -5.04
Mirion Technologies $860.80 million 7.67 -$36.10 million $0.11 236.51

SmartRent has higher earnings, but lower revenue than Mirion Technologies. SmartRent is trading at a lower price-to-earnings ratio than Mirion Technologies, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares SmartRent and Mirion Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SmartRent -45.45% -15.10% -10.36%
Mirion Technologies 2.93% 7.09% 4.02%

Insider and Institutional Ownership

59.4% of SmartRent shares are held by institutional investors. Comparatively, 78.5% of Mirion Technologies shares are held by institutional investors. 1.9% of SmartRent shares are held by company insiders. Comparatively, 6.3% of Mirion Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

SmartRent has a beta of 1.79, meaning that its stock price is 79% more volatile than the S&P 500. Comparatively, Mirion Technologies has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500.

Summary

Mirion Technologies beats SmartRent on 13 of the 15 factors compared between the two stocks.

About SmartRent

(Get Free Report)

SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.

About Mirion Technologies

(Get Free Report)

Mirion Technologies, Inc. provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies. The Medical segment offers radiation oncology quality assurance and dosimetry solutions; patient safety solutions for diagnostic imaging and radiation therapy centers; radiation therapy quality assurance solutions for calibrating and verifying imaging and treatment accuracy; and radionuclide therapy products for nuclear medicine applications, such as shielding, product handling, medical imaging furniture, and rehabilitation products. This segment supports applications in medical diagnostics, cancer treatment, practitioner safety, and rehabilitation. The Technologies segment focuses on addressing critical radiation safety, measurement, and analysis applications; and provides personal radiation detection, identification equipment, and analysis tools. The company's products and solutions also include nuclear medicines, dosimeters, contamination and clearance monitors, reactor instrumentation and control equipment and systems, medical and industrial imaging systems and related accessories, alpha spectroscopy instruments, alpha/beta counting instruments, and gamma spectroscopy detector systems; and electrical penetration, cancer diagnostics, software, and other services. It serves hospitals, clinics and urgent care facilities, dental and veterinary offices, radiation treatment facilities, OEMs for radiation therapy, laboratories, military organizations, government agencies, industrial companies, power and utility companies, reactor design firms, and NPPs. The company was formerly known as Global Monitoring Systems, Inc. and changed its name to Mirion Technologies, Inc. in January 2006. The company was incorporated in 2005 and is headquartered in Atlanta, Georgia.

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