← BackMirion Technologies, Inc. · Measuring & Controlling Devices, NECMIR
Moderate riskNext report: Around Feb 9, 2027 (est.)
The short versionA profitable company with growing sales. Institutions are adding.
Going well
- Sales up 20% in the latest quarter vs a year ago
- Profitable
- Brings in more cash than it spends
Watch out for
- Share count growing 13% a year (dilution)
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 3.4% to their holdings in the quarter ending June 2026 (191 bought, 180 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$14.92+0.7% that day
- Company value
- $4.1B
- Share price times all shares
- Price vs profit (P/E)
- 149.2x
- You pay about $149 for each $1 of yearly profit
- Price vs sales
- 4.0x
- Company value is 4.0 times a year of sales
- Cash vs value
- 10%
- Cash as a share of company value
- Debt vs value
- 11%
- Debt as a share of company value
From MIR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$266.8M+20% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.0B, up 16% from the 12 months before. Over 5 years, sales grew about 14% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.1.7%
- PassDebt under half of equityNot relying on borrowed money.0.24x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.1%
- MissProfitable every yearSteady profits, not one good year.1 of 8 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$106.9M
- MissShare count not growingNot diluting owners. Falling means buybacks.+44.2% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.47.4%
- Revenue
- $925.4M
- +7.5% vs prior year
- 5-year growth
- +14.1%/yr
- revenue, per year
- Total debt
- $444.8M
- 0.24x equity
- Current ratio
- 2.83x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026Reported Oct 27After close4:16 pm ET - Revenue
- $277.8M
- +24.5% YoY
- EPS
- $0.03
- vs $0.01
- Op. margin
- 6.2%
- +2.9 pts
- Gross margin
- 47.3%
- +0.5 pts
From the press release, checked against last year's SEC filing. Cash flow and share count update with the 10-Q.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 1
- Normal week
- 0.5
- vs normal
- 2.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.4%Institutions added 3.4% to their holdings. 191 bought, 180 sold.
Shares held by institutions262.1M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+144.6%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.2x · $445.3M debtShares outstandingLatest reported
275MWhy moderate risk- Share count growing 144.6% a year (dilution)
Next reportAround Feb 9, 2027 (est.)Estimated from the same quarter last year
- Results filedOct 27
- Results filedJul 28
- Results filedApr 28
- Results filedFeb 10
- Results filedOct 28, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardJody MarkopoulosDirector
1,333 shares at $14.34 · $19K
- +2% of holdings
- Now owns 82,842 shares
- Filed same day
Stock awardLawrence D KingsleyDirector
1,333 shares at $14.34 · $19K
- +2% of holdings
- Now owns 73,858 shares
- Filed same day
BoughtBrian SchopferChief Financial Officer
20,000 shares at $15.60 · $312K
- +2% of holdings
- Now owns 933,290 shares
- Filed same day
Stock awardLawrence D KingsleyDirector
1,095 shares at $17.46 · $19K
- +2% of holdings
- Now owns 72,525 shares
- Filed same day
Stock awardSheila RegeDirector
7,383 shares
- +17% of holdings
- Now owns 49,877 shares
- Filed 1 day after trade
Stock awardJody MarkopoulosDirector
7,383 shares
- +10% of holdings
- Now owns 81,509 shares
- Filed 1 day after trade