Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.63 billion. The enterprise value is $6.05 billion.
Market Cap | 5.63B |
Enterprise Value | 6.05B |
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 | 57.71M |
Valuation Ratios
The trailing PE ratio is 46.75 and the forward PE ratio is 28.65. MMSI's PEG ratio is 2.21.
PE Ratio | 46.75 |
Forward PE | 28.65 |
PS Ratio | 4.01 |
Forward PS | 3.69 |
PB Ratio | 3.94 |
P/TBV Ratio | 11.61 |
P/FCF Ratio | 31.17 |
P/OCF Ratio | 25.01 |
PEG Ratio | 2.21 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.10, with an EV/FCF ratio of 33.51.
EV / Earnings | 49.51 |
EV / Sales | 4.36 |
EV / EBITDA | 22.10 |
EV / EBIT | 36.58 |
EV / FCF | 33.51 |
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 +14.40% 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 | +14.40% |
50-Day Moving Average | 95.74 |
200-Day Moving Average | 99.22 |
Relative Strength Index (RSI) | 48.90 |
Average Volume (20 Days) | 533,869 |
Short Selling Information
The latest short interest is 3.15 million, so 5.33% of the outstanding shares have been sold short.
Short Interest | 3.15M |
Short Previous Month | 3.28M |
Short % of Shares Out | 5.33% |
Short % of Float | 5.46% |
Short Ratio (days to cover) | 4.28 |
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 | 2.17% |
FCF Yield | 3.21% |
Analyst Forecast
The average price target for MMSI is $109.11, which is 14.46% higher than the current price. The consensus rating is "Buy".
Price Target | $109.11 |
Price Target Difference | 14.46% |
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 |