Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $4.27 billion. The enterprise value is $4.60 billion.
| Market Cap | 4.27B |
| Enterprise Value | 4.60B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, after market close.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 57.93 million shares outstanding. The number of shares has increased by 1.19% in one year.
| Shares Outstanding | 57.93M |
| Shares Change (YoY) | +1.19% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 2.44% |
| Owned by Institutions (%) | 101.83% |
| Float | 56.54M |
Valuation Ratios
The trailing PE ratio is 45.75 and the forward PE ratio is 21.91. MMSI's PEG ratio is 1.91.
| PE Ratio | 45.75 |
| Forward PE | 21.91 |
| PS Ratio | 3.41 |
| Forward PS | 3.19 |
| PB Ratio | 3.57 |
| P/FCF Ratio | 38.64 |
| PEG Ratio | 1.91 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.08, with an EV/FCF ratio of 41.38.
| EV / Earnings | 48.68 |
| EV / Sales | 3.65 |
| EV / EBITDA | 20.08 |
| EV / EBIT | 36.01 |
| EV / FCF | 41.38 |
Financial Position
The company has a current ratio of 5.45, with a Debt / Equity ratio of 0.74.
| Current Ratio | 5.45 |
| Quick Ratio | 3.81 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 3.89 |
| Debt / FCF | 8.03 |
| Interest Coverage | 8.23 |
Financial Efficiency
Return on equity (ROE) is 7.90% and return on invested capital (ROIC) is 4.99%.
| Return on Equity (ROE) | 7.90% |
| Return on Assets (ROA) | 4.90% |
| Return on Capital (ROIC) | 4.99% |
| Revenue Per Employee | $180,916 |
| Profits Per Employee | $13,584 |
| Employee Count | 6,950 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 2.36 |
Taxes
In the past 12 months, MMSI has paid $17.68 million in taxes.
| Income Tax | 17.68M |
| Effective Tax Rate | 15.77% |
Stock Price Statistics
The stock price has decreased by -6.06% in the last 52 weeks. The beta is 0.91, so MMSI's price volatility has been similar to the market average.
| Beta (1Y) | 0.91 |
| 52-Week Price Change | -6.06% |
| 50-Day Moving Average | 74.71 |
| 200-Day Moving Average | 72.68 |
| Relative Strength Index (RSI) | 50.27 |
| Average Volume (30 Days) | 395,622 |
Short Selling Information
The latest short interest is 2.06 million, so 3.56% of the outstanding shares have been sold short.
| Short Interest | 2.06M |
| Short Previous Month | 1.98M |
| Short % of Shares Out | 3.56% |
| Short % of Float | 3.64% |
| Short Ratio (days to cover) | 4.21 |
Income Statement
In the last 12 months, MMSI had revenue of $1.26 billion and earned $94.41 million in profits. Earnings per share was $1.62.
| Revenue | 1.26B |
| Gross Profit | 583.87M |
| Operating Income | 123.94M |
| Pretax Income | 112.09M |
| Net Income | 94.41M |
| EBITDA | 228.89M |
| EBIT | 127.60M |
| Earnings Per Share (EPS) | $1.62 |
Balance Sheet
The company has $587.04 million in cash and $891.36 million in debt, giving a net cash position of -$304.32 million or -$5.25 per share.
| Cash & Cash Equivalents | 587.04M |
| Total Debt | 891.36M |
| Net Cash | -304.32M |
| Net Cash Per Share | -$5.25 |
| Equity / Book Value | 1.20B |
| Book Value Per Share | 20.75 |
| Working Capital | 904.91M |
Cash Flow
In the last 12 months, operating cash flow was $145.15 million and capital expenditures -$34.09 million, giving a free cash flow of $111.06 million.
| Operating Cash Flow | 145.15M |
| Capital Expenditures | -34.09M |
| Free Cash Flow | 111.06M |
| FCF Per Share | $1.93 |
Margins
Gross margin is 46.44%, with operating and profit margins of 9.86% and 7.51%.
| Gross Margin | 46.44% |
| Operating Margin | 9.86% |
| Pretax Margin | 8.91% |
| Profit Margin | 7.51% |
| EBITDA Margin | 18.20% |
| EBIT Margin | 10.15% |
| FCF Margin | 8.83% |
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 | -1.19% |
| Shareholder Yield | -1.19% |
| Earnings Yield | 2.20% |
| FCF Yield | 2.59% |
Analyst Forecast
The average price target for MMSI is $89.50, which is 21.31% higher than the current price. The consensus rating is "Buy".
| Price Target | $89.50 |
| Price Target Difference | 21.31% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 6.03% |
| EPS Growth Forecast (5Y) | 27.14% |
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 3.83 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.83 |
| Piotroski F-Score | 6 |