MMSI Merit Medical Systems Inc

Price (delayed)

$86.25

Market cap

$5.11B

P/E Ratio

42.49

Dividend/share

N/A

EPS

$2.03

Enterprise value

$5.59B

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 55% less than its 5-year quarterly average of 92.0 and 13% less than its last 4 quarters average of 47.8
MMSI's equity is up by 16% year-on-year and by 4.2% since the previous quarter
The company's quick ratio fell by 44% YoY and by 20% QoQ
MMSI's net income is down by 2.6% since the previous quarter

Key stats

What are the main financial stats of MMSI
Market
Shares outstanding
59.22M
Market cap
$5.11B
Enterprise value
$5.59B
Valuations
Price to earnings (P/E)
42.49
Price to book (P/B)
3.43
Price to sales (P/S)
3.56
EV/EBIT
31.04
EV/EBITDA
18.19
EV/Sales
3.9
Earnings
Revenue
$1.43B
Gross profit
$687.03M
Operating income
$161.74M
Net income
$119.12M
EBIT
$179.98M
EBITDA
$307.03M
Free cash flow
$192.36M
Per share
EPS
$2.03
EPS diluted
$1.97
Free cash flow per share
$3.25
Book value per share
$25.18
Revenue per share
$24.23
TBVPS
$26.91
Balance sheet
Total assets
$2.59B
Total liabilities
$1.1B
Debt
$820.55M
Equity
$1.49B
Working capital
$697.5M
Liquidity
Debt to equity
0.55
Current ratio
4.09
Quick ratio
2.48
Net debt/EBITDA
1.56
Margins
EBITDA margin
21.4%
Gross margin
47.9%
Net margin
8.3%
Operating margin
11.3%
Efficiency
Return on assets
4.8%
Return on equity
8.5%
Return on invested capital
10.1%
Return on capital employed
7.6%
Return on sales
12.6%
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
1.76%
1 week
3.23%
1 month
-7.74%
1 year
-5.25%
YTD
-10.83%
QTD
-7.73%

Financial performance

How have Merit Medical Systems's revenue and profit performed over time
Revenue
$1.43B
Gross profit
$687.03M
Operating income
$161.74M
Net income
$119.12M
Gross margin
47.9%
Net margin
8.3%
The gross profit has increased by 13% year-on-year and by 3.5% since the previous quarter
Merit Medical Systems's revenue has increased by 10% YoY and by 3.2% QoQ
MMSI's net margin is down by 8% YoY and by 6% QoQ
The company's operating income rose by 7% YoY

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
42.49
P/B
3.43
P/S
3.56
EV/EBIT
31.04
EV/EBITDA
18.19
EV/Sales
3.9
The stock's P/E is 55% less than its 5-year quarterly average of 92.0 and 13% less than its last 4 quarters average of 47.8
MMSI's EPS is down by 2.9% QoQ
MMSI's price to book (P/B) is 18% less than its last 4 quarters average of 4.1 and 6% less than its 5-year quarterly average of 3.6
MMSI's equity is up by 16% year-on-year and by 4.2% since the previous quarter
The price to sales (P/S) is 17% lower than the last 4 quarters average of 4.2
Merit Medical Systems's revenue has increased by 10% YoY and by 3.2% QoQ

Efficiency

How efficient is Merit Medical Systems business performance
The company's return on equity fell by 11% YoY and by 6% QoQ
The return on assets has declined by 9% year-on-year and by 6% since the previous quarter
MMSI's ROS is down by 4.5% QoQ and by 2.3% YoY
The ROIC is down by 2.9% 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 136% higher than its total liabilities
The company's quick ratio fell by 44% YoY and by 20% QoQ
The company's current ratio fell by 34% YoY and by 16% QoQ
MMSI's debt is 45% lower than its equity
The debt to equity has declined by 19% year-on-year and by 3.5% since the previous quarter
MMSI's equity is up by 16% year-on-year and by 4.2% since the previous quarter

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