Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.03 billion. The enterprise value is $5.32 billion.
Market Cap | 5.03B |
Enterprise Value | 5.32B |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, after market close.
Earnings Date | Aug 1, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
MMSI has 58.11 million shares outstanding. The number of shares has increased by 0.66% in one year.
Shares Outstanding | 58.11M |
Shares Change (YoY) | +0.66% |
Shares Change (QoQ) | +0.30% |
Owned by Insiders (%) | 2.47% |
Owned by Institutions (%) | 102.78% |
Float | 56.72M |
Valuation Ratios
The trailing PE ratio is 49.43 and the forward PE ratio is 25.11. MMSI's PEG ratio is 1.91.
PE Ratio | 49.43 |
Forward PE | 25.11 |
PS Ratio | 3.92 |
Forward PS | 3.70 |
PB Ratio | 4.05 |
P/FCF Ratio | 37.61 |
PEG Ratio | 1.91 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.50, with an EV/FCF ratio of 39.79.
EV / Earnings | 52.15 |
EV / Sales | 4.14 |
EV / EBITDA | 21.50 |
EV / EBIT | 37.32 |
EV / FCF | 39.79 |
Financial Position
The company has a current ratio of 6.03, with a Debt / Equity ratio of 0.70.
Current Ratio | 6.03 |
Quick Ratio | 4.22 |
Debt / Equity | 0.70 |
Debt / EBITDA | 3.53 |
Debt / FCF | 6.53 |
Interest Coverage | 6.61 |
Financial Efficiency
Return on equity (ROE) is 8.40% and return on invested capital (ROIC) is 5.33%.
Return on Equity (ROE) | 8.40% |
Return on Assets (ROA) | 4.90% |
Return on Capital (ROIC) | 5.33% |
Revenue Per Employee | $184,649 |
Profits Per Employee | $14,669 |
Employee Count | 6,950 |
Asset Turnover | 0.62 |
Inventory Turnover | 2.32 |
Taxes
In the past 12 months, MMSI has paid $18.99 million in taxes.
Income Tax | 18.99M |
Effective Tax Rate | 15.70% |
Stock Price Statistics
The stock price has increased by +4.84% in the last 52 weeks. The beta is 0.91, so MMSI's price volatility has been similar to the market average.
Beta (5Y) | 0.91 |
52-Week Price Change | +4.84% |
50-Day Moving Average | 80.78 |
200-Day Moving Average | 74.93 |
Relative Strength Index (RSI) | 69.08 |
Average Volume (20 Days) | 417,022 |
Short Selling Information
The latest short interest is 2.65 million, so 4.57% of the outstanding shares have been sold short.
Short Interest | 2.65M |
Short Previous Month | 2.51M |
Short % of Shares Out | 4.57% |
Short % of Float | 4.68% |
Short Ratio (days to cover) | 8.71 |
Income Statement
In the last 12 months, MMSI had revenue of $1.28 billion and earned $101.95 million in profits. Earnings per share was $1.75.
Revenue | 1.28B |
Gross Profit | 597.23M |
Operating Income | 133.48M |
Pretax Income | 120.94M |
Net Income | 101.95M |
EBITDA | 247.30M |
EBIT | 142.48M |
Earnings Per Share (EPS) | $1.75 |
Balance Sheet
The company has $581.92 million in cash and $872.75 million in debt, giving a net cash position of -$290.83 million or -$5.01 per share.
Cash & Cash Equivalents | 581.92M |
Total Debt | 872.75M |
Net Cash | -290.83M |
Net Cash Per Share | -$5.01 |
Equity (Book Value) | 1.24B |
Book Value Per Share | 21.34 |
Working Capital | 921.93M |
Cash Flow
In the last 12 months, operating cash flow was $166.82 million and capital expenditures -$33.19 million, giving a free cash flow of $133.64 million.
Operating Cash Flow | 166.82M |
Capital Expenditures | -33.19M |
Free Cash Flow | 133.64M |
FCF Per Share | $2.31 |
Margins
Gross margin is 46.54%, with operating and profit margins of 10.40% and 7.94%.
Gross Margin | 46.54% |
Operating Margin | 10.40% |
Pretax Margin | 9.42% |
Profit Margin | 7.94% |
EBITDA Margin | 19.27% |
EBIT Margin | 11.10% |
FCF Margin | 10.41% |
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 | -0.66% |
Shareholder Yield | -0.66% |
Earnings Yield | 2.03% |
FCF Yield | 2.66% |
Analyst Forecast
The average price target for MMSI is $93.20, which is 7.75% higher than the current price. The consensus rating is "Buy".
Price Target | $93.20 |
Price Target Difference | 7.75% |
Analyst Consensus | Buy |
Analyst Count | 10 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | 25.58% |
Stock Splits
The last stock split was on May 6, 2011. It was a forward split with a ratio of 5:4.
Last Split Date | May 6, 2011 |
Split Type | Forward |
Split Ratio | 5:4 |
Scores
MMSI has an Altman Z-Score of 4.37 and a Piotroski F-Score of 6.
Altman Z-Score | 4.37 |
Piotroski F-Score | 6 |