Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.93 billion. The enterprise value is $6.22 billion.
| Market Cap | 5.93B |
| Enterprise Value | 6.22B |
Important Dates
The last earnings date was Wednesday, October 30, 2024, after market close.
| Earnings Date | Oct 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 58.28 million shares outstanding. The number of shares has increased by 0.96% in one year.
| Current Share Class | 58.28M |
| Shares Outstanding | 58.28M |
| Shares Change (YoY) | +0.96% |
| Shares Change (QoQ) | +1.36% |
| Owned by Insiders (%) | 2.32% |
| Owned by Institutions (%) | 103.65% |
| Float | 56.90M |
Valuation Ratios
The trailing PE ratio is 49.59 and the forward PE ratio is 28.52. MMSI's PEG ratio is 1.76.
| PE Ratio | 49.59 |
| Forward PE | 28.52 |
| PS Ratio | 4.45 |
| Forward PS | 4.21 |
| PB Ratio | 4.48 |
| P/TBV Ratio | 10.74 |
| P/FCF Ratio | 33.77 |
| P/OCF Ratio | 27.65 |
| PEG Ratio | 1.76 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 24.86, with an EV/FCF ratio of 35.45.
| EV / Earnings | 51.83 |
| EV / Sales | 4.69 |
| EV / EBITDA | 24.86 |
| EV / EBIT | 40.78 |
| EV / FCF | 35.45 |
Financial Position
The company has a current ratio of 5.36, with a Debt / Equity ratio of 0.62.
| Current Ratio | 5.36 |
| Quick Ratio | 3.66 |
| Debt / Equity | 0.62 |
| Debt / EBITDA | 3.09 |
| Debt / FCF | 4.67 |
| Interest Coverage | 5.41 |
Financial Efficiency
Return on equity (ROE) is 9.40% and return on invested capital (ROIC) is 5.12%.
| Return on Equity (ROE) | 9.40% |
| Return on Assets (ROA) | 4.56% |
| Return on Capital (ROIC) | 5.12% |
| Revenue Per Employee | $190,773 |
| Profits Per Employee | $17,272 |
| Employee Count | 6,950 |
| Asset Turnover | 0.63 |
| Inventory Turnover | 2.29 |
Taxes
In the past 12 months, MMSI has paid $28.28 million in taxes.
| Income Tax | 28.28M |
| Effective Tax Rate | 19.06% |
Stock Price Statistics
The stock price has increased by +46.01% in the last 52 weeks. The beta is 0.89, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.89 |
| 52-Week Price Change | +46.01% |
| 50-Day Moving Average | 97.62 |
| 200-Day Moving Average | 85.34 |
| Relative Strength Index (RSI) | 60.83 |
| Average Volume (20 Days) | 423,011 |
Short Selling Information
The latest short interest is 2.69 million, so 4.61% of the outstanding shares have been sold short.
| Short Interest | 2.69M |
| Short Previous Month | 2.31M |
| Short % of Shares Out | 4.61% |
| Short % of Float | 4.72% |
| Short Ratio (days to cover) | 5.75 |
Income Statement
In the last 12 months, MMSI had revenue of $1.33 billion and earned $120.04 million in profits. Earnings per share was $2.05.
| Revenue | 1.33B |
| Gross Profit | 620.88M |
| Operating Income | 152.56M |
| Pretax Income | 141.88M |
| Net Income | 120.04M |
| EBITDA | 250.28M |
| EBIT | 152.56M |
| Earnings Per Share (EPS) | $2.05 |
Balance Sheet
The company has $523.13 million in cash and $819.15 million in debt, giving a net cash position of -$296.02 million or -$5.08 per share.
| Cash & Cash Equivalents | 523.13M |
| Total Debt | 819.15M |
| Net Cash | -296.02M |
| Net Cash Per Share | -$5.08 |
| Equity (Book Value) | 1.32B |
| Book Value Per Share | 22.71 |
| Working Capital | 877.24M |
Cash Flow
In the last 12 months, operating cash flow was $214.31 million and capital expenditures -$38.81 million, giving a free cash flow of $175.50 million.
| Operating Cash Flow | 214.31M |
| Capital Expenditures | -38.81M |
| Free Cash Flow | 175.50M |
| FCF Per Share | $3.01 |
Margins
Gross margin is 46.83%, with operating and profit margins of 11.51% and 9.05%.
| Gross Margin | 46.83% |
| Operating Margin | 11.51% |
| Pretax Margin | 11.19% |
| Profit Margin | 9.05% |
| EBITDA Margin | 18.88% |
| EBIT Margin | 11.51% |
| FCF Margin | 13.83% |
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 | -0.96% |
| Shareholder Yield | -0.96% |
| Earnings Yield | 2.03% |
| FCF Yield | 2.96% |
Analyst Forecast
The average price target for MMSI is $103.70, which is 1.99% higher than the current price. The consensus rating is "Buy".
| Price Target | $103.70 |
| Price Target Difference | 1.99% |
| 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 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 4.22 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.22 |
| Piotroski F-Score | 6 |