Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $4.72 billion. The enterprise value is $5.01 billion.
| Market Cap | 4.72B |
| Enterprise Value | 5.01B |
Important Dates
The next estimated earnings date is Tuesday, July 23, 2024, after market close.
| Earnings Date | Jul 23, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 58.11 million shares outstanding. The number of shares has increased by 0.66% in one year.
| Shares Outstanding | 58.11M |
| Shares Change (YoY) | +0.66% |
| Shares Change (QoQ) | +0.30% |
| Owned by Insiders (%) | 2.47% |
| Owned by Institutions (%) | 102.78% |
| Float | 56.73M |
Valuation Ratios
The trailing PE ratio is 46.37 and the forward PE ratio is 23.56. MMSI's PEG ratio is 1.91.
| PE Ratio | 46.37 |
| Forward PE | 23.56 |
| PS Ratio | 3.67 |
| Forward PS | 3.47 |
| PB Ratio | 3.80 |
| P/FCF Ratio | 35.28 |
| PEG Ratio | 1.91 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.24, with an EV/FCF ratio of 37.46.
| EV / Earnings | 49.10 |
| EV / Sales | 3.90 |
| EV / EBITDA | 20.24 |
| EV / EBIT | 35.13 |
| EV / FCF | 37.46 |
Financial Position
The company has a current ratio of 6.03, with a Debt / Equity ratio of 0.70.
| Current Ratio | 6.03 |
| Quick Ratio | 4.22 |
| Debt / Equity | 0.70 |
| Debt / EBITDA | 3.53 |
| Debt / FCF | 6.53 |
| Interest Coverage | 6.61 |
Financial Efficiency
Return on equity (ROE) is 8.40% and return on invested capital (ROIC) is 5.33%.
| Return on Equity (ROE) | 8.40% |
| Return on Assets (ROA) | 4.90% |
| Return on Capital (ROIC) | 5.33% |
| Revenue Per Employee | $184,649 |
| Profits Per Employee | $14,669 |
| Employee Count | 6,950 |
| Asset Turnover | 0.62 |
| Inventory Turnover | 2.32 |
Taxes
In the past 12 months, MMSI has paid $18.99 million in taxes.
| Income Tax | 18.99M |
| Effective Tax Rate | 15.70% |
Stock Price Statistics
The stock price has decreased by -1.52% in the last 52 weeks. The beta is 0.91, so MMSI's price volatility has been similar to the market average.
| Beta (1Y) | 0.91 |
| 52-Week Price Change | -1.52% |
| 50-Day Moving Average | 76.51 |
| 200-Day Moving Average | 73.19 |
| Relative Strength Index (RSI) | 56.72 |
| Average Volume (30 Days) | 374,950 |
Short Selling Information
The latest short interest is 2.33 million, so 4.01% of the outstanding shares have been sold short.
| Short Interest | 2.33M |
| Short Previous Month | 2.26M |
| Short % of Shares Out | 4.01% |
| Short % of Float | 4.11% |
| Short Ratio (days to cover) | 6.31 |
Income Statement
In the last 12 months, MMSI had revenue of $1.28 billion and earned $101.95 million in profits. Earnings per share was $1.75.
| Revenue | 1.28B |
| Gross Profit | 597.23M |
| Operating Income | 133.48M |
| Pretax Income | 120.94M |
| Net Income | 101.95M |
| EBITDA | 247.30M |
| EBIT | 142.48M |
| Earnings Per Share (EPS) | $1.75 |
Balance Sheet
The company has $581.92 million in cash and $872.75 million in debt, giving a net cash position of -$290.83 million or -$5.01 per share.
| Cash & Cash Equivalents | 581.92M |
| Total Debt | 872.75M |
| Net Cash | -290.83M |
| Net Cash Per Share | -$5.01 |
| Equity / Book Value | 1.24B |
| Book Value Per Share | 21.34 |
| Working Capital | 921.93M |
Cash Flow
In the last 12 months, operating cash flow was $166.82 million and capital expenditures -$33.19 million, giving a free cash flow of $133.64 million.
| Operating Cash Flow | 166.82M |
| Capital Expenditures | -33.19M |
| Free Cash Flow | 133.64M |
| FCF Per Share | $2.31 |
Margins
Gross margin is 46.54%, with operating and profit margins of 10.40% and 7.94%.
| Gross Margin | 46.54% |
| Operating Margin | 10.40% |
| Pretax Margin | 9.42% |
| Profit Margin | 7.94% |
| EBITDA Margin | 19.27% |
| EBIT Margin | 11.10% |
| FCF Margin | 10.41% |
Dividends & Yields
MMSI does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.66% |
| Shareholder Yield | -0.66% |
| Earnings Yield | 2.16% |
| FCF Yield | 2.83% |
Analyst Forecast
The average price target for MMSI is $89.44, which is 10.22% higher than the current price. The consensus rating is "Buy".
| Price Target | $89.44 |
| Price Target Difference | 10.22% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 5.85% |
| EPS Growth Forecast (5Y) | 25.58% |
Stock Splits
The last stock split was on May 6, 2011. It was a forward split with a ratio of 5:4.
| Last Split Date | May 6, 2011 |
| Split Type | Forward |
| Split Ratio | 5:4 |
Scores
MMSI has an Altman Z-Score of 4.2 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.2 |
| Piotroski F-Score | 6 |