MMSI Merit Medical Systems Inc

  1. Stocks
  2. Healthcare
  3. NASDAQ: MMSI

Price (delayed)

$70.99

Market cap

$4.11B

P/E Ratio

43.29

Dividend/share

N/A

EPS

$1.64

Enterprise value

$4.42B

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 company's quick ratio has surged by 198% QoQ
The gross profit has increased by 12% year-on-year and by 2.8% since the previous quarter
MMSI's net income is up by 27% year-on-year but it is down by 6% since the previous quarter
MMSI's EPS is up by 25% YoY but it is down by 6% QoQ
MMSI's debt has soared by 151% QoQ
Sector: Healthcare
Industry: Medical Instruments & Supplies
Website: http://www.merit.com
Peers: EW BSX ANGO ICUI

Key stats

What are the main financial stats of MMSI
Market
Shares outstanding
57.93M
Market cap
$4.11B
Enterprise value
$4.42B
Valuations
Price to earnings (P/E)
43.29
Price to book (P/B)
3.41
Price to sales (P/S)
3.25
EV/EBIT
34.61
EV/EBITDA
19.3
EV/Sales
3.51
Earnings
Revenue
$1.26B
EBIT
$127.6M
EBITDA
$228.89M
Free cash flow
$111.06M
Per share
EPS
$1.64
Free cash flow per share
$1.93
Book value per share
$20.81
Revenue per share
$21.83
TBVPS
$28.81
Balance sheet
Total assets
$2.33B
Total liabilities
$1.12B
Debt
$891.36M
Equity
$1.2B
Working capital
$904.91M
Liquidity
Debt to equity
0.74
Current ratio
5.45
Quick ratio
3.81
Net debt/EBITDA
1.33
Margins
EBITDA margin
18.2%
Gross margin
46.4%
Net margin
7.5%
Operating margin
9.9%
Efficiency
Return on assets
4.9%
Return on equity
7.9%
Return on invested capital
9.5%
Return on capital employed
6%
Return on sales
10.1%
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
-0.73%
1 week
-3.51%
1 month
-1.68%
1 year
-6.67%
YTD
-6.54%
QTD
-6.28%

Financial performance

How have Merit Medical Systems's revenue and profit performed over time
Revenue
$1.26B
Gross profit
$583.87M
Operating income
$123.94M
Net income
$94.41M
Gross margin
46.4%
Net margin
7.5%
The company's operating income rose by 42% YoY and by 2.6% QoQ
The operating margin has grown by 30% year-on-year
MMSI's net income is up by 27% year-on-year but it is down by 6% since the previous quarter
MMSI's net margin is up by 15% YoY but it is down by 9% QoQ

Growth

What is Merit Medical Systems's growth rate over time

Valuation

What is Merit Medical Systems stock price valuation
MMSI P/E details
P/E
43.29
P/B
3.41
P/S
3.25
EV/EBIT
34.61
EV/EBITDA
19.3
EV/Sales
3.51
MMSI's EPS is up by 25% YoY but it is down by 6% QoQ
The stock's P/E is 9% less than its last 4 quarters average of 47.4
MMSI's price to book (P/B) is 10% more than its 5-year quarterly average of 3.1 but 5% less than its last 4 quarters average of 3.6
MMSI's equity is up by 5% year-on-year but it is down by 2.3% since the previous quarter
The price to sales (P/S) is 10% lower than the last 4 quarters average of 3.6 but 8% higher than the 5-year quarterly average of 3.0
Merit Medical Systems's revenue has increased by 9% YoY and by 2.5% QoQ

Efficiency

How efficient is Merit Medical Systems business performance
MMSI's ROS is up by 31% YoY
The company's return on equity rose by 16% YoY but it fell by 6% QoQ
The return on assets has declined by 14% since the previous quarter but it has increased by 9% year-on-year
The ROIC is up by 13% year-on-year but it is down by 10% 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 107% higher than its total liabilities
The company's quick ratio has surged by 198% QoQ
The company's current ratio has surged by 127% YoY and by 74% QoQ
MMSI's debt is 26% lower than its equity
The debt to equity has surged by 155% since the previous quarter
MMSI's debt has soared by 151% QoQ

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