Merit Medical Systems Inc... (MMSI)
Merit Medical Systems Statistics
Share Statistics
Merit Medical Systems has 58.83M shares outstanding. The number of shares has increased by 0.6% in one year.
| Shares Outstanding | 58.83M |
| Shares Change (YoY) | 0.6% |
| Shares Change (QoQ) | 0.12% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 57.31M |
| Failed to Deliver (FTD) Shares | 95 |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 2.66M, so 4.56% of the outstanding shares have been sold short.
| Short Interest | 2.66M |
| Short % of Shares Out | 4.56% |
| Short % of Float | 4.67% |
| Short Ratio (days to cover) | 5.24 |
Valuation Ratios
The PE ratio is 46.78 and the forward PE ratio is 29.17. Merit Medical Systems's PEG ratio is 1.78.
| PE Ratio | 46.78 |
| Forward PE | 29.17 |
| PS Ratio | 4.15 |
| Forward PS | 3.1 |
| PB Ratio | 4.08 |
| P/FCF Ratio | 25.5 |
| PEG Ratio | 1.78 |
Enterprise Valuation
Merit Medical Systems Inc. has an Enterprise Value (EV) of 4.68B.
| EV / Earnings | 38.86 |
| EV / Sales | 3.45 |
| EV / EBITDA | 15.8 |
| EV / EBIT | 30.04 |
| EV / FCF | 21.18 |
Financial Position
The company has a current ratio of 4.27, with a Debt / Equity ratio of 0.59.
| Current Ratio | 4.27 |
| Quick Ratio | 2.85 |
| Debt / Equity | 0.59 |
| Total Debt / Capitalization | 37 |
| Cash Flow / Debt | 0.27 |
| Interest Coverage | 4.99 |
Financial Efficiency
Return on equity (ROE) is 0.09% and return on capital (ROIC) is 5.71%.
| Return on Equity (ROE) | 0.09% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 5.71% |
| Revenue Per Employee | $183,312.7 |
| Profits Per Employee | $16,264.46 |
| Employee Count | 7,400 |
| Asset Turnover | 0.56 |
| Inventory Turnover | 2.33 |
Taxes
| Income Tax | 29.64M |
| Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by 36.3% in the last 52 weeks. The beta is 0.92, so Merit Medical Systems's price volatility has been higher than the market average.
| Beta | 0.92 |
| 52-Week Price Change | 36.3% |
| 50-Day Moving Average | 104.13 |
| 200-Day Moving Average | 96.86 |
| Relative Strength Index (RSI) | 52.94 |
| Average Volume (20 Days) | 631.51K |
Income Statement
In the last 12 months, Merit Medical Systems had revenue of 1.36B and earned 120.36M in profits. Earnings per share was 2.07.
| Revenue | 1.36B |
| Gross Profit | 643.33M |
| Operating Income | 155.69M |
| Net Income | 120.36M |
| EBITDA | 295.94M |
| EBIT | 155.69M |
| Earnings Per Share (EPS) | 2.07 |
Balance Sheet
The company has 0 in cash and 810.12M in debt, giving a net cash position of -810.12M.
| Cash & Cash Equivalents | 0 |
| Total Debt | 810.12M |
| Net Cash | -810.12M |
| Retained Earnings | 695.54M |
| Total Assets | 2.42B |
| Working Capital | 707.37M |
Cash Flow
In the last 12 months, operating cash flow was 220.8M and capital expenditures 0, giving a free cash flow of 220.8M.
| Operating Cash Flow | 220.8M |
| Capital Expenditures | 0 |
| Free Cash Flow | 220.8M |
| FCF Per Share | 3.79 |
Margins
Gross margin is 47.43%, with operating and profit margins of 11.48% and 8.87%.
| Gross Margin | 47.43% |
| Operating Margin | 11.48% |
| Pretax Margin | 11.06% |
| Profit Margin | 8.87% |
| EBITDA Margin | 21.82% |
| EBIT Margin | 11.48% |
| FCF Margin | 16.28% |
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 |
| Payout Ratio | n/a |
| Earnings Yield | 2% |
| FCF Yield | 3.63% |
Analyst Forecast
The average price target for MMSI is $111, which is 7.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $111 |
| Price Target Difference | 7.5% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
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
| Altman Z-Score | 5.13 |
| Piotroski F-Score | 6 |