MMSI Merit Medical Systems Inc

Price (delayed)

$85.56

Market cap

$5.11B

P/E Ratio

34.92

Dividend/share

N/A

EPS

$2.45

Enterprise value

$5.48B

?
Relative Growth: Rel. Growth: 77
Relative Strength: Rel. Strength: 57
Relative Valuation: Rel. Valuation: 49
Relative Profitability: Rel. Profitability: 67

Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, ...

Highlights
The stock's P/E is 31% less than its 5-year quarterly average of 50.3
MMSI's net income is up by 22% year-on-year and by 4.5% since the previous quarter
The company's quick ratio fell by 20% QoQ but it rose by 6% YoY

Key stats

What are the main financial stats of MMSI

MMSI stock price

How has the Merit Medical Systems stock price performed over time
Intraday
0.65%
1 week
12.43%
1 month
20.35%
1 year
0.92%
YTD
-2.93%
QTD
23.39%

Financial performance

How have Merit Medical Systems's revenue and profit performed over time
Revenue
$1.58B
Gross profit
$781.73M
Operating income
$201.37M
Net income
$145.56M
Gross margin
49.5%
Net margin
9.2%
The company's operating income rose by 25% YoY and by 7% QoQ
MMSI's net income is up by 22% year-on-year and by 4.5% since the previous quarter
The gross profit has increased by 14% year-on-year and by 4.1% since the previous quarter
The operating margin has grown by 13% year-on-year and by 4.9% since the previous quarter

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
34.92
P/B
3.04
P/S
3.23
EV/EBIT
24.23
EV/EBITDA
15.13
EV/Sales
3.47
The stock's P/E is 31% less than its 5-year quarterly average of 50.3
MMSI's EPS is up by 21% YoY and by 4.3% QoQ
MMSI's price to book (P/B) is 14% less than its 5-year quarterly average of 3.5 but 4.1% more than its last 4 quarters average of 2.9
MMSI's equity is up by 13% year-on-year and by 3.3% since the previous quarter
Merit Medical Systems's revenue has increased by 10% YoY and by 2.4% QoQ
The price to sales (P/S) is 8% lower than the 5-year quarterly average of 3.5 but 7% higher than the last 4 quarters average of 3.0

Efficiency

How efficient is Merit Medical Systems business performance
The ROIC is up by 20% year-on-year and by 5% since the previous quarter
MMSI's ROS is up by 13% YoY and by 3.6% QoQ
The return on assets has increased by 10% year-on-year
The company's return on equity rose by 7% YoY and by 2.2% QoQ

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 142% higher than its total liabilities
The company's quick ratio fell by 20% QoQ but it rose by 6% YoY
The company's current ratio fell by 17% QoQ but it rose by 2.7% YoY
MMSI's debt is 51% lower than its equity
MMSI's equity is up by 13% year-on-year and by 3.3% since the previous quarter
The debt to equity has declined by 11% year-on-year and by 3.9% since the previous quarter

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