Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
105.33
+0.30 (0.29%)
Nov 22, 2024, 4:00 PM EST - Market closed

Merit Medical Systems Statistics

Total Valuation

MMSI has a market cap or net worth of $6.14 billion. The enterprise value is $6.43 billion.

Market Cap 6.14B
Enterprise Value 6.43B

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 (%) 103.94%
Float 56.90M

Valuation Ratios

The trailing PE ratio is 51.37 and the forward PE ratio is 29.54. MMSI's PEG ratio is 1.82.

PE Ratio 51.37
Forward PE 29.54
PS Ratio 4.61
Forward PS 4.36
PB Ratio 4.64
P/TBV Ratio 11.12
P/FCF Ratio 34.98
P/OCF Ratio 28.64
PEG Ratio 1.82
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 25.71, with an EV/FCF ratio of 36.66.

EV / Earnings 53.60
EV / Sales 4.85
EV / EBITDA 25.71
EV / EBIT 42.18
EV / FCF 36.66

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 +46.82% 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 +46.82%
50-Day Moving Average 98.59
200-Day Moving Average 86.22
Relative Strength Index (RSI) 68.23
Average Volume (20 Days) 462,210

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) 7.55

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 1.96%
FCF Yield 2.86%
Dividend Details

Analyst Forecast

The average price target for MMSI is $103.70, which is -1.55% lower than the current price. The consensus rating is "Buy".

Price Target $103.70
Price Target Difference -1.55%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 25.58%
Stock Forecasts

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