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MMSI Merit Medical Systems Inc

Price (delayed)

$98.22

Market cap

$5.72B

P/E Ratio

47.45

Dividend/share

N/A

EPS

$2.07

Enterprise value

$6.02B

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
MMSI's net income is up by 20% year-on-year and by 2.2% since the previous quarter
MMSI's EPS is up by 19% YoY
The company's quick ratio has surged by 183% YoY but it fell by 19% QoQ
MMSI's debt has soared by 131% YoY but it is down by 6% QoQ

Key stats

What are the main financial stats of MMSI
Market
Shares outstanding
58.28M
Market cap
$5.72B
Enterprise value
$6.02B
Valuations
Price to book (P/B)
4.32
Price to sales (P/S)
4.31
EV/EBIT
34.11
EV/EBITDA
21.05
EV/Sales
4.54
Earnings
Revenue
$1.33B
Gross profit
$620.88M
Net income
$120.04M
EBIT
$176.52M
EBITDA
$285.97M
Free cash flow
$175.52M
Per share
EPS
$2.07
EPS diluted
$2.05
Free cash flow per share
$3.01
Book value per share
$22.74
Revenue per share
$22.77
TBVPS
$28.44
Balance sheet
Total assets
$2.38B
Total liabilities
$1.05B
Debt
$819.15M
Equity
$1.32B
Working capital
$877.24M
Liquidity
Debt to equity
0.62
Current ratio
5.36
Quick ratio
3.62
Net debt/EBITDA
1.04
Margins
EBITDA margin
21.6%
Gross margin
46.8%
Net margin
9.1%
Operating margin
11.5%
Efficiency
Return on assets
5.1%
Return on equity
9.5%
Return on invested capital
10%
Return on capital employed
8.1%
Return on sales
13.3%
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
2.03%
1 week
-4.42%
1 month
-5.63%
1 year
37.04%
YTD
29.3%
QTD
-0.62%

Financial performance

How have Merit Medical Systems's revenue and profit performed over time
Revenue
$1.33B
Gross profit
$620.88M
Operating income
$152.74M
Net income
$120.04M
Gross margin
46.8%
Net margin
9.1%
The company's operating income rose by 26% YoY
MMSI's net income is up by 20% year-on-year and by 2.2% since the previous quarter
The operating margin has grown by 17% year-on-year
MMSI's net margin is up by 11% YoY

Growth

What is Merit Medical Systems's growth rate over time

Valuation

What is Merit Medical Systems stock price valuation
P/E
47.45
P/B
4.32
P/S
4.31
EV/EBIT
34.11
EV/EBITDA
21.05
EV/Sales
4.54
The stock's P/E is 58% less than its 5-year quarterly average of 114.1 but 6% more than its last 4 quarters average of 44.8
MMSI's EPS is up by 19% YoY
MMSI's price to book (P/B) is 31% more than its 5-year quarterly average of 3.3 and 11% more than its last 4 quarters average of 3.9
MMSI's equity is up by 8% year-on-year and by 3.2% since the previous quarter
The price to sales (P/S) is 35% higher than the 5-year quarterly average of 3.2 and 13% higher than the last 4 quarters average of 3.8
Merit Medical Systems's revenue has increased by 8% YoY

Efficiency

How efficient is Merit Medical Systems business performance
MMSI's ROS is up by 32% YoY and by 3.1% QoQ
The company's return on equity rose by 13% YoY
The return on assets has declined by 11% year-on-year and by 3.8% since the previous quarter
The ROIC is down by 6% year-on-year

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 125% higher than its total liabilities
The company's quick ratio has surged by 183% YoY but it fell by 19% QoQ
The total liabilities has surged by 82% year-on-year but it has declined by 3.2% since the previous quarter
MMSI's debt is 38% lower than its equity
MMSI's debt has soared by 131% YoY but it is down by 6% QoQ
The debt to equity has surged by 114% year-on-year but it has declined by 9% since the previous quarter

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