Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $4.91 billion. The enterprise value is $5.33 billion.
| Market Cap | 4.91B |
| Enterprise Value | 5.33B |
Important Dates
The next confirmed earnings date is Wednesday, July 30, 2025, after market close.
| Earnings Date | Jul 30, 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 (%) | 2.33% |
| Owned by Institutions (%) | 108.08% |
| Float | 57.70M |
Valuation Ratios
The trailing PE ratio is 40.72 and the forward PE ratio is 24.92. MMSI's PEG ratio is 1.90.
| PE Ratio | 40.72 |
| Forward PE | 24.92 |
| PS Ratio | 3.50 |
| Forward PS | 3.19 |
| PB Ratio | 3.43 |
| P/TBV Ratio | 10.11 |
| P/FCF Ratio | 27.16 |
| P/OCF Ratio | 21.79 |
| PEG Ratio | 1.90 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.46, with an EV/FCF ratio of 29.50.
| EV / Earnings | 43.58 |
| EV / Sales | 3.84 |
| EV / EBITDA | 19.46 |
| EV / EBIT | 32.20 |
| EV / FCF | 29.50 |
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 decreased by -4.18% in the last 52 weeks. The beta is 0.65, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.65 |
| 52-Week Price Change | -4.18% |
| 50-Day Moving Average | 94.10 |
| 200-Day Moving Average | 98.66 |
| Relative Strength Index (RSI) | 26.47 |
| Average Volume (20 Days) | 738,163 |
Short Selling Information
The latest short interest is 3.59 million, so 6.07% of the outstanding shares have been sold short.
| Short Interest | 3.59M |
| Short Previous Month | 3.27M |
| Short % of Shares Out | 6.07% |
| Short % of Float | 6.22% |
| 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 | 2.49% |
| FCF Yield | 3.68% |
Analyst Forecast
The average price target for MMSI is $109.11, which is 31.43% higher than the current price. The consensus rating is "Buy".
| Price Target | $109.11 |
| Price Target Difference | 31.43% |
| 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 |