Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.53 billion. The enterprise value is $5.95 billion.
| Market Cap | 5.53B |
| Enterprise Value | 5.95B |
Important Dates
The next estimated earnings date is Thursday, July 31, 2025, after market close.
| Earnings Date | Jul 31, 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 (%) | 2.32% |
| Owned by Institutions (%) | 108.22% |
| Float | 57.70M |
Valuation Ratios
The trailing PE ratio is 45.59 and the forward PE ratio is 27.94. MMSI's PEG ratio is 2.16.
| PE Ratio | 45.59 |
| Forward PE | 27.94 |
| PS Ratio | 3.91 |
| Forward PS | 3.60 |
| PB Ratio | 3.84 |
| P/TBV Ratio | 11.39 |
| P/FCF Ratio | 30.59 |
| P/OCF Ratio | 24.54 |
| PEG Ratio | 2.16 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.72, with an EV/FCF ratio of 32.93.
| EV / Earnings | 48.65 |
| EV / Sales | 4.28 |
| EV / EBITDA | 21.72 |
| EV / EBIT | 35.94 |
| EV / FCF | 32.93 |
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 +12.71% in the last 52 weeks. The beta is 0.66, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.66 |
| 52-Week Price Change | +12.71% |
| 50-Day Moving Average | 94.53 |
| 200-Day Moving Average | 99.12 |
| Relative Strength Index (RSI) | 47.23 |
| Average Volume (20 Days) | 551,377 |
Short Selling Information
The latest short interest is 3.27 million, so 5.54% of the outstanding shares have been sold short.
| Short Interest | 3.27M |
| Short Previous Month | 3.41M |
| Short % of Shares Out | 5.54% |
| Short % of Float | 5.67% |
| Short Ratio (days to cover) | 6.45 |
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 | 2.21% |
| FCF Yield | 3.27% |
Analyst Forecast
The average price target for MMSI is $109.11, which is 16.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $109.11 |
| Price Target Difference | 16.70% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 7.97% |
| EPS Growth Forecast (5Y) | 20.68% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 |