AIM:MIRA

Stock Analysis Report

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Executive Summary

Mirada Plc provides products and services for digital TV and broadcast market in Mexico, Europe, Asia, and other Americas.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Mirada's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MIRA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

MIRA

1.2%

GB Software

3.2%

GB Market


1 Year Return

26.7%

MIRA

-10.8%

GB Software

-11.7%

GB Market

Return vs Industry: MIRA exceeded the UK Software industry which returned -11.5% over the past year.

Return vs Market: MIRA exceeded the UK Market which returned -12.2% over the past year.


Shareholder returns

MIRAIndustryMarket
7 Day0%1.2%3.2%
30 Day22.6%7.4%5.9%
90 Day-29.6%-2.3%-6.3%
1 Year26.7%26.7%-8.9%-10.8%-7.4%-11.7%
3 Year-30.9%-30.9%-23.4%-35.2%-4.8%-16.5%
5 Year-90.7%-90.7%25.6%2.1%13.4%-12.0%

Price Volatility Vs. Market

How volatile is Mirada's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mirada undervalued compared to its fair value and its price relative to the market?

0.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MIRA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MIRA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MIRA is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: MIRA is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MIRA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MIRA is good value based on its PB Ratio (1x) compared to the GB Software industry average (2.9x).


Next Steps

Future Growth

How is Mirada forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.6%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mirada has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Mirada performed over the past 5 years?

-26.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MIRA is currently unprofitable.

Growing Profit Margin: MIRA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MIRA is unprofitable, and losses have increased over the past 5 years at a rate of -26.8% per year.

Accelerating Growth: Unable to compare MIRA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MIRA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.8%).


Return on Equity

High ROE: MIRA has a negative Return on Equity (-5.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is Mirada's financial position?


Financial Position Analysis

Short Term Liabilities: MIRA's short term assets ($5.7M) do not cover its short term liabilities ($6.1M).

Long Term Liabilities: MIRA's short term assets ($5.7M) exceed its long term liabilities ($2.2M).


Debt to Equity History and Analysis

Debt Level: MIRA's debt to equity ratio (39.9%) is considered satisfactory.

Reducing Debt: MIRA's debt to equity ratio has increased from 25.5% to 39.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MIRA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MIRA has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.1% each year.


Next Steps

Dividend

What is Mirada's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MIRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MIRA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MIRA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MIRA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MIRA's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.7yrs

Average management tenure


CEO

José-Luis Vázquez Antolínez (72yo)

16.33yrs

Tenure

US$273,000

Compensation

Mr. José Luis Vázquez Antolínez, MBA has been the Chief Executive Officer of Mirada Plc since 2004 and has been an Executive Director since February 25, 2008. Mr. Vázquez has more than 15 years of experien ...


CEO Compensation Analysis

Compensation vs Market: José-Luis's total compensation ($USD273.00K) is about average for companies of similar size in the UK market ($USD338.33K).

Compensation vs Earnings: José-Luis's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
José-Luis Vázquez Antolínez
CEO & Executive Director16.33yrsUS$273.00k0.042% $3.5k
Gonzalo Maruri
CFO & Executive Director4.5yrsUS$172.00k0.019% $1.6k
José Sidro
CTO & Executive Director5.58yrsUS$224.00k0.047% $4.0k
Javier Peñin
Vice President of Salesno datano datano data
Roszana Dalati
Vice President of Marketing2.5yrsno datano data
Nuria Lahuerta
Vice President of Human Resourcesno datano datano data
Kathy Claydon
Company Secretaryno datano datano data

8.7yrs

Average Tenure

51yo

Average Age

Experienced Management: MIRA's management team is seasoned and experienced (8.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
José-Luis Vázquez Antolínez
CEO & Executive Director16.33yrsUS$273.00k0.042% $3.5k
Gonzalo Maruri
CFO & Executive Director4.5yrsUS$172.00k0.019% $1.6k
José Sidro
CTO & Executive Director5.58yrsUS$224.00k0.047% $4.0k
Richard Francis Coles
Non-Executive Chairman2yrsUS$59.00k0.083% $7.0k
Matthew Earl
Independent Non-Executive Director5.58yrsUS$39.00k0.030% $2.5k

5.6yrs

Average Tenure

51yo

Average Age

Experienced Board: MIRA's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mirada Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mirada Plc
  • Ticker: MIRA
  • Exchange: AIM
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£8.463m
  • Shares outstanding: 8.91m
  • Website: https://www.mirada.tv

Number of Employees


Location

  • Mirada Plc
  • 68 Lombard Street
  • London
  • Greater London
  • EC3V 9LJ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MIRAAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 2000

Biography

Mirada Plc provides products and services for digital TV and broadcast market in Mexico, Europe, Asia, and other Americas. It operates through two segments, Digital TV & Broadcast, and Mobile. The company offers Iris ecosystem provides a platform for front and back end application; and Iris SDP, a back-end platform that manages TV programming, cross-device functionalities, subscriptions, purchases, and others. It also provides Iris Inspire user interface; and Iris OTT platform that delivers content to viewers. In addition, the company offers UX Evolver, a back-end tool; Log IQ, a data intelligence platform that empowers to take better and data-driven decisions; and Iris CMS, a Web-based, intuitive, and scalable tool which manage, curate, and promote content. The company was formerly known as YooMedia Plc and changed its name to Mirada Plc in February 2008. Mirada Plc was incorporated in 1998 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 22:16
End of Day Share Price2020/05/28 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.