MMSI Merit Medical Systems Inc

Price (delayed)

$87.11

Market cap

$5.16B

P/E Ratio

43.34

Dividend/share

N/A

EPS

$2.01

Enterprise value

$5.59B

?
Relative Growth: Rel. Growth: 88
Relative Strength: Rel. Strength: 34
Relative Valuation: Rel. Valuation: 32
Relative Profitability: Rel. Profitability: 59

Founded in 1987, Merit Medical Systems, Inc. is a leading manufacturer and marketer of proprietary disposable medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, ...

Highlights
The stock's P/E is 52% less than its 5-year quarterly average of 89.4 and 6% less than its last 4 quarters average of 46.2
MMSI's equity is up by 16% year-on-year and by 2.8% since the previous quarter
The company's quick ratio fell by 25% YoY but it rose by 9% QoQ
MMSI's EPS is down by 2.9% YoY

Key stats

What are the main financial stats of MMSI
Market
Shares outstanding
59.29M
Market cap
$5.16B
Enterprise value
$5.59B
Valuations
Price to earnings (P/E)
43.34
Price to book (P/B)
3.37
Price to sales (P/S)
3.49
PEG
N/A
EV/EBIT
30.88
EV/EBITDA
17.87
EV/Sales
3.79
Earnings
Revenue
$1.48B
Gross profit
$715.9M
Operating income
$167.09M
Net income
$118.43M
EBIT
$181.11M
EBITDA
$313.03M
Free cash flow
$206.93M
Per share
EPS
$2.01
EPS diluted
$1.95
Free cash flow per share
$3.49
Book value per share
$25.83
Revenue per share
$24.93
TBVPS
$27.93
Balance sheet
Total assets
$2.63B
Total liabilities
$1.1B
Debt
$821.15M
Equity
$1.53B
Working capital
$755.06M
Liquidity
Debt to equity
0.54
Current ratio
4.28
Quick ratio
2.7
Net debt/EBITDA
1.37
Margins
EBITDA margin
21.2%
Gross margin
48.5%
Net margin
8%
Operating margin
11.3%
Efficiency
Return on assets
4.7%
Return on equity
8.1%
Return on invested capital
10%
Return on capital employed
7.5%
Return on sales
12.3%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

MMSI stock price

How has the Merit Medical Systems stock price performed over time
Intraday
-1.54%
1 week
7.03%
1 month
3.44%
1 year
-11.82%
YTD
-9.94%
QTD
4.66%

Financial performance

How have Merit Medical Systems's revenue and profit performed over time
Revenue
$1.48B
Gross profit
$715.9M
Operating income
$167.09M
Net income
$118.43M
Gross margin
48.5%
Net margin
8%
The gross profit has increased by 15% year-on-year and by 4.2% since the previous quarter
MMSI's net margin is down by 12% YoY and by 3.6% QoQ
Merit Medical Systems's revenue has increased by 11% YoY and by 3.1% QoQ
The company's operating income rose by 9% YoY and by 3.3% QoQ

Price vs fundamentals

How does MMSI's price correlate with its fundamentals

Growth

What is Merit Medical Systems's growth rate over time

Valuation

What is Merit Medical Systems stock price valuation
P/E
43.34
P/B
3.37
P/S
3.49
EV/EBIT
30.88
EV/EBITDA
17.87
EV/Sales
3.79
The stock's P/E is 52% less than its 5-year quarterly average of 89.4 and 6% less than its last 4 quarters average of 46.2
MMSI's EPS is down by 2.9% YoY
MMSI's equity is up by 16% year-on-year and by 2.8% since the previous quarter
MMSI's price to book (P/B) is 11% less than its last 4 quarters average of 3.8 and 6% less than its 5-year quarterly average of 3.6
The price to sales (P/S) is 13% lower than the last 4 quarters average of 4.0 and 3.1% lower than the 5-year quarterly average of 3.6
Merit Medical Systems's revenue has increased by 11% YoY and by 3.1% QoQ

Efficiency

How efficient is Merit Medical Systems business performance
The company's return on equity fell by 15% YoY and by 4.7% QoQ
MMSI's ROS is down by 8% YoY and by 2.4% QoQ
The return on assets has declined by 8% year-on-year and by 2.1% since the previous quarter

Dividends

What is MMSI's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for MMSI.

Financial health

How did Merit Medical Systems financials performed over time
The company's total assets is 139% higher than its total liabilities
The company's quick ratio fell by 25% YoY but it rose by 9% QoQ
The company's current ratio fell by 20% YoY but it rose by 4.6% QoQ
MMSI's debt is 46% lower than its equity
MMSI's equity is up by 16% year-on-year and by 2.8% since the previous quarter
The debt to equity has declined by 13% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.