Medpace Holdings, Inc. (MEDP)

NASDAQ: MEDP · IEX Real-Time Price · USD
404.15
+0.88 (0.22%)
At close: Mar 28, 2024, 4:00 PM
411.90
+7.75 (1.92%)
After-hours: Mar 28, 2024, 7:47 PM EDT

Total Valuation

MEDP has a market cap or net worth of $12.48 billion. The enterprise value is $12.38 billion.

Market Cap 12.48B
Enterprise Value 12.38B

Important Dates

The next confirmed earnings date is Monday, April 22, 2024, after market close.

Earnings Date Apr 22, 2024
Ex-Dividend Date n/a

Share Statistics

MEDP has 30.76 million shares outstanding. The number of shares has decreased by -5.43% in one year.

Shares Outstanding 30.76M
Shares Change (YoY) -5.43%
Shares Change (QoQ) +0.27%
Owned by Insiders (%) 18.26%
Owned by Institutions (%) 83.67%
Float 25.11M

Valuation Ratios

The trailing PE ratio is 45.51 and the forward PE ratio is 37.36. MEDP's PEG ratio is 2.75.

PE Ratio 45.51
Forward PE 37.36
PS Ratio 6.62
Forward PS 5.59
PB Ratio 22.33
P/FCF Ratio 31.46
PEG Ratio 2.75
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.39, with an EV/FCF ratio of 31.20.

EV / Earnings 43.76
EV / Sales 6.56
EV / EBITDA 32.39
EV / EBIT 36.81
EV / FCF 31.20

Financial Position

The company has a current ratio of 0.64, with a Debt / Equity ratio of 0.25.

Current Ratio 0.64
Quick Ratio 0.59
Debt / Equity 0.25
Debt / EBITDA 0.37
Debt / FCF 0.36
Interest Coverage 688.87

Financial Efficiency

Return on equity (ROE) is 64.00% and return on invested capital (ROIC) is 40.48%.

Return on Equity (ROE) 64.00%
Return on Assets (ROA) 19.00%
Return on Capital (ROIC) 40.48%
Revenue Per Employee $319,634
Profits Per Employee $47,934
Employee Count 5,900
Asset Turnover 1.27
Inventory Turnover n/a

Taxes

In the past 12 months, MEDP has paid $52.87 million in taxes.

Income Tax 52.87M
Effective Tax Rate 15.75%

Stock Price Statistics

The stock price has increased by +122.65% in the last 52 weeks. The beta is 1.38, so MEDP's price volatility has been higher than the market average.

Beta (1Y) 1.38
52-Week Price Change +122.65%
50-Day Moving Average 364.45
200-Day Moving Average 287.46
Relative Strength Index (RSI) 59.87
Average Volume (30 Days) 251,478

Short Selling Information

The latest short interest is 963,637, so 3.13% of the outstanding shares have been sold short.

Short Interest 963,637
Short Previous Month 937,214
Short % of Shares Out 3.13%
Short % of Float 3.84%
Short Ratio (days to cover) 2.99

Income Statement

In the last 12 months, MEDP had revenue of $1.89 billion and earned $282.81 million in profits. Earnings per share was $8.88.

Revenue 1.89B
Gross Profit 524.51M
Operating Income 336.83M
Pretax Income 335.68M
Net Income 282.81M
EBITDA 382.14M
EBIT 336.17M
Earnings Per Share (EPS) $8.88
Full Income Statement

Balance Sheet

The company has $245.45 million in cash and $142.12 million in debt, giving a net cash position of $103.33 million or $3.36 per share.

Cash & Cash Equivalents 245.45M
Total Debt 142.12M
Net Cash 103.33M
Net Cash Per Share $3.36
Equity / Book Value 558.95M
Book Value Per Share 18.17
Working Capital -331.30M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $433.37 million and capital expenditures -$36.65 million, giving a free cash flow of $396.73 million.

Operating Cash Flow 433.37M
Capital Expenditures -36.65M
Free Cash Flow 396.73M
FCF Per Share $12.91
Full Cash Flow Statement

Margins

Gross margin is 27.81%, with operating and profit margins of 17.86% and 15.00%.

Gross Margin 27.81%
Operating Margin 17.86%
Pretax Margin 17.80%
Profit Margin 15.00%
EBITDA Margin 20.26%
EBIT Margin 17.83%
FCF Margin 21.04%

Dividends & Yields

MEDP does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 5.43%
Shareholder Yield 5.43%
Earnings Yield 2.27%
FCF Yield 3.18%
Dividend Details

Analyst Forecast

The average price target for MEDP is $389.00, which is -3.75% lower than the current price. The consensus rating is "Strong Buy".

Price Target $389.00
Price Target Difference -3.75%
Analyst Consensus Strong Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 13.26%
EPS Growth Forecast (5Y) 14.70%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MEDP has an Altman Z-Score of 8.2 and a Piotroski F-Score of 7.

Altman Z-Score 8.2
Piotroski F-Score 7