MMSI Merit Medical Systems Inc

  1. Stocks
  2. Healthcare
  3. NASDAQ: MMSI

Price (delayed)

$70.88

Market cap

$4.06B

P/E Ratio

54.11

Dividend/share

N/A

EPS

$1.31

Enterprise value

$4.27B

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 60% less than its 5-year quarterly average of 135.8 and 9% less than its last 4 quarters average of 59.2
MMSI's net income has surged by 54% year-on-year and by 21% since the previous quarter
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
57.32M
Market cap
$4.06B
Enterprise value
$4.27B
Valuations
Price to earnings (P/E)
54.11
Price to book (P/B)
3.53
Price to sales (P/S)
3.5
EV/EBIT
48.03
EV/EBITDA
23.59
EV/Sales
3.71
Earnings
Revenue
$1.15B
EBIT
$88.97M
EBITDA
$181.17M
Free cash flow
$69.33M
Per share
EPS
$1.31
Free cash flow per share
$1.22
Book value per share
$20.11
Revenue per share
$20.26
TBVPS
$18.78
Balance sheet
Total assets
$1.66B
Total liabilities
$519.57M
Debt
$268.75M
Equity
$1.14B
Working capital
$308.44M
Liquidity
Debt to equity
0.23
Current ratio
2.4
Quick ratio
1.07
Net debt/EBITDA
1.16
Margins
EBITDA margin
15.7%
Gross margin
45.1%
Net margin
6.5%
Operating margin
7.6%
Efficiency
Return on assets
4.5%
Return on equity
6.8%
Return on invested capital
8.4%
Return on capital employed
6.2%
Return on sales
7.7%
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
0.51%
1 week
-0.11%
1 month
-0.77%
1 year
13.83%
YTD
0.37%
QTD
0.37%

Financial performance

How have Merit Medical Systems's revenue and profit performed over time
Revenue
$1.15B
Gross profit
$519.1M
Operating income
$87.56M
Net income
$74.52M
Gross margin
45.1%
Net margin
6.5%
MMSI's net income has surged by 54% year-on-year and by 21% since the previous quarter
The company's operating income rose by 44% YoY and by 11% QoQ
MMSI's net margin is up by 44% YoY and by 20% QoQ
The operating margin has grown by 33% year-on-year and by 9% since the previous quarter

Growth

What is Merit Medical Systems's growth rate over time

Valuation

What is Merit Medical Systems stock price valuation
P/E
54.11
P/B
3.53
P/S
3.5
EV/EBIT
48.03
EV/EBITDA
23.59
EV/Sales
3.71
The stock's P/E is 60% less than its 5-year quarterly average of 135.8 and 9% less than its last 4 quarters average of 59.2
MMSI's EPS has soared by 52% YoY and by 20% QoQ
MMSI's price to book (P/B) is 13% more than its 5-year quarterly average of 3.1 and 10% more than its last 4 quarters average of 3.2
MMSI's equity is up by 10% year-on-year and by 5% since the previous quarter
The price to sales (P/S) is 16% higher than the 5-year quarterly average of 3.0 and 12% higher than the last 4 quarters average of 3.1
Merit Medical Systems's revenue has increased by 7% YoY

Efficiency

How efficient is Merit Medical Systems business performance
The return on assets has surged by 55% year-on-year and by 18% since the previous quarter
The ROIC has soared by 53% year-on-year and by 14% since the previous quarter
The company's return on equity rose by 42% YoY and by 17% QoQ
MMSI's ROS is up by 40% YoY and by 12% 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 current ratio rose by 18% YoY and by 2.1% QoQ
The total liabilities has declined by 15% year-on-year and by 4.5% since the previous quarter
MMSI's debt is 77% lower than its equity
The debt to equity has declined by 23% year-on-year and by 12% since the previous quarter
MMSI's debt is down by 15% YoY and by 6% QoQ

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