Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.59 billion. The enterprise value is $6.01 billion.
| Market Cap | 5.59B |
| Enterprise Value | 6.01B |
Important Dates
The last earnings date was Thursday, April 24, 2025, after market close.
| Earnings Date | Apr 24, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 59.10 million shares outstanding. The number of shares has increased by 2.72% in one year.
| Current Share Class | 59.10M |
| Shares Outstanding | 59.10M |
| Shares Change (YoY) | +2.72% |
| Shares Change (QoQ) | +1.10% |
| Owned by Insiders (%) | 2.37% |
| Owned by Institutions (%) | 104.77% |
| Float | 57.68M |
Valuation Ratios
The trailing PE ratio is 46.40 and the forward PE ratio is 28.30. MMSI's PEG ratio is 2.19.
| PE Ratio | 46.40 |
| Forward PE | 28.30 |
| PS Ratio | 3.98 |
| Forward PS | 3.66 |
| PB Ratio | 3.91 |
| P/TBV Ratio | 11.53 |
| P/FCF Ratio | 30.95 |
| P/OCF Ratio | 24.83 |
| PEG Ratio | 2.19 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.96, with an EV/FCF ratio of 33.29.
| EV / Earnings | 49.18 |
| EV / Sales | 4.33 |
| EV / EBITDA | 21.96 |
| EV / EBIT | 36.34 |
| EV / FCF | 33.29 |
Financial Position
The company has a current ratio of 4.87, with a Debt / Equity ratio of 0.57.
| Current Ratio | 4.87 |
| Quick Ratio | 3.11 |
| Debt / Equity | 0.57 |
| Debt / EBITDA | 2.82 |
| Debt / FCF | 4.53 |
| Interest Coverage | 5.56 |
Financial Efficiency
Return on equity (ROE) is 9.16% and return on invested capital (ROIC) is 4.75%.
| Return on Equity (ROE) | 9.16% |
| Return on Assets (ROA) | 4.31% |
| Return on Invested Capital (ROIC) | 4.75% |
| Return on Capital Employed (ROCE) | 7.29% |
| Revenue Per Employee | $187,616 |
| Profits Per Employee | $16,522 |
| Employee Count | 7,400 |
| Asset Turnover | 0.58 |
| Inventory Turnover | 2.34 |
Taxes
In the past 12 months, MMSI has paid $31.34 million in taxes.
| Income Tax | 31.34M |
| Effective Tax Rate | 20.40% |
Stock Price Statistics
The stock price has increased by +27.80% in the last 52 weeks. The beta is 0.85, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.85 |
| 52-Week Price Change | +27.80% |
| 50-Day Moving Average | 99.62 |
| 200-Day Moving Average | 98.05 |
| Relative Strength Index (RSI) | 47.12 |
| Average Volume (20 Days) | 925,425 |
Short Selling Information
The latest short interest is 3.25 million, so 5.49% of the outstanding shares have been sold short.
| Short Interest | 3.25M |
| Short Previous Month | 2.70M |
| Short % of Shares Out | 5.49% |
| Short % of Float | 5.63% |
| Short Ratio (days to cover) | 3.79 |
Income Statement
In the last 12 months, MMSI had revenue of $1.39 billion and earned $122.26 million in profits. Earnings per share was $2.04.
| Revenue | 1.39B |
| Gross Profit | 663.64M |
| Operating Income | 165.49M |
| Pretax Income | 141.88M |
| Net Income | 122.26M |
| EBITDA | 273.89M |
| EBIT | 165.49M |
| Earnings Per Share (EPS) | $2.04 |
Balance Sheet
The company has $395.53 million in cash and $817.66 million in debt, giving a net cash position of -$422.13 million or -$7.14 per share.
| Cash & Cash Equivalents | 395.53M |
| Total Debt | 817.66M |
| Net Cash | -422.13M |
| Net Cash Per Share | -$7.14 |
| Equity (Book Value) | 1.43B |
| Book Value Per Share | 24.18 |
| Working Capital | 761.81M |
Cash Flow
In the last 12 months, operating cash flow was $225.16 million and capital expenditures -$44.52 million, giving a free cash flow of $180.64 million.
| Operating Cash Flow | 225.16M |
| Capital Expenditures | -44.52M |
| Free Cash Flow | 180.64M |
| FCF Per Share | $3.06 |
Margins
Gross margin is 47.80%, with operating and profit margins of 11.92% and 8.81%.
| Gross Margin | 47.80% |
| Operating Margin | 11.92% |
| Pretax Margin | 11.06% |
| Profit Margin | 8.81% |
| EBITDA Margin | 19.73% |
| EBIT Margin | 11.92% |
| FCF Margin | 13.01% |
Dividends & Yields
MMSI 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 | -2.72% |
| Shareholder Yield | -2.72% |
| Earnings Yield | 2.19% |
| FCF Yield | 3.23% |
Analyst Forecast
The average price target for MMSI is $109.00, which is 15.21% higher than the current price. The consensus rating is "Buy".
| Price Target | $109.00 |
| Price Target Difference | 15.21% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 7.90% |
| EPS Growth Forecast (5Y) | 20.78% |
Stock Splits
The last stock split was on May 6, 2011. It was a forward split with a ratio of 1.25:1.
| Last Split Date | May 6, 2011 |
| Split Type | Forward |
| Split Ratio | 1.25:1 |
Scores
MMSI has an Altman Z-Score of 4.7 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.7 |
| Piotroski F-Score | 6 |