Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $6.12 billion. The enterprise value is $6.53 billion.
| Market Cap | 6.12B |
| Enterprise Value | 6.53B |
Important Dates
The next estimated earnings date is Tuesday, April 29, 2025, after market close.
| Earnings Date | Apr 29, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 58.83 million shares outstanding. The number of shares has increased by 1.73% in one year.
| Current Share Class | 58.83M |
| Shares Outstanding | 58.83M |
| Shares Change (YoY) | +1.73% |
| Shares Change (QoQ) | +1.81% |
| Owned by Insiders (%) | 2.37% |
| Owned by Institutions (%) | 105.05% |
| Float | 57.42M |
Valuation Ratios
The trailing PE ratio is 51.20 and the forward PE ratio is 28.49. MMSI's PEG ratio is 2.17.
| PE Ratio | 51.20 |
| Forward PE | 28.49 |
| PS Ratio | 4.46 |
| Forward PS | 4.05 |
| PB Ratio | 4.43 |
| P/TBV Ratio | 14.64 |
| P/FCF Ratio | 32.94 |
| P/OCF Ratio | 27.70 |
| PEG Ratio | 2.17 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 24.94, with an EV/FCF ratio of 35.19.
| EV / Earnings | 54.28 |
| EV / Sales | 4.82 |
| EV / EBITDA | 24.94 |
| EV / EBIT | 41.03 |
| EV / FCF | 35.19 |
Financial Position
The company has a current ratio of 4.27, with a Debt / Equity ratio of 0.58.
| Current Ratio | 4.27 |
| Quick Ratio | 2.71 |
| Debt / Equity | 0.58 |
| Debt / EBITDA | 2.87 |
| Debt / FCF | 4.28 |
| Interest Coverage | 5.10 |
Financial Efficiency
Return on equity (ROE) is 9.33% and return on invested capital (ROIC) is 4.66%.
| Return on Equity (ROE) | 9.33% |
| Return on Assets (ROA) | 4.20% |
| Return on Invested Capital (ROIC) | 4.66% |
| Return on Capital Employed (ROCE) | 7.23% |
| Revenue Per Employee | $183,313 |
| Profits Per Employee | $16,264 |
| Employee Count | 7,400 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 2.34 |
Taxes
In the past 12 months, MMSI has paid $29.64 million in taxes.
| Income Tax | 29.64M |
| Effective Tax Rate | 19.76% |
Stock Price Statistics
The stock price has increased by +37.74% in the last 52 weeks. The beta is 0.92, so MMSI's price volatility has been similar to the market average.
| Beta (5Y) | 0.92 |
| 52-Week Price Change | +37.74% |
| 50-Day Moving Average | 104.18 |
| 200-Day Moving Average | 96.97 |
| Relative Strength Index (RSI) | 54.83 |
| Average Volume (20 Days) | 688,795 |
Short Selling Information
The latest short interest is 3.01 million, so 5.12% of the outstanding shares have been sold short.
| Short Interest | 3.01M |
| Short Previous Month | 2.94M |
| Short % of Shares Out | 5.12% |
| Short % of Float | 5.24% |
| Short Ratio (days to cover) | 4.63 |
Income Statement
In the last 12 months, MMSI had revenue of $1.36 billion and earned $120.36 million in profits. Earnings per share was $2.03.
| Revenue | 1.36B |
| Gross Profit | 643.33M |
| Operating Income | 159.24M |
| Pretax Income | 141.88M |
| Net Income | 120.36M |
| EBITDA | 261.95M |
| EBIT | 159.24M |
| Earnings Per Share (EPS) | $2.03 |
Balance Sheet
The company has $376.72 million in cash and $794.67 million in debt, giving a net cash position of -$417.95 million or -$7.10 per share.
| Cash & Cash Equivalents | 376.72M |
| Total Debt | 794.67M |
| Net Cash | -417.95M |
| Net Cash Per Share | -$7.10 |
| Equity (Book Value) | 1.38B |
| Book Value Per Share | 23.48 |
| Working Capital | 707.37M |
Cash Flow
In the last 12 months, operating cash flow was $220.80 million and capital expenditures -$35.14 million, giving a free cash flow of $185.66 million.
| Operating Cash Flow | 220.80M |
| Capital Expenditures | -35.14M |
| Free Cash Flow | 185.66M |
| FCF Per Share | $3.16 |
Margins
Gross margin is 47.43%, with operating and profit margins of 11.74% and 8.87%.
| Gross Margin | 47.43% |
| Operating Margin | 11.74% |
| Pretax Margin | 11.06% |
| Profit Margin | 8.87% |
| EBITDA Margin | 19.31% |
| EBIT Margin | 11.74% |
| FCF Margin | 13.69% |
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 | -1.73% |
| Shareholder Yield | -1.73% |
| Earnings Yield | 1.97% |
| FCF Yield | 3.04% |
Analyst Forecast
The average price target for MMSI is $111.70, which is 7.47% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $111.70 |
| Price Target Difference | 7.47% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
| 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 4.45 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.45 |
| Piotroski F-Score | 6 |