Merit Medical Systems Inc...

90.89
0.32 (0.35%)
At close: Apr 17, 2025, 3:59 PM
91.53
0.70%
After-hours: Apr 17, 2025, 07:35 PM EDT

Merit Medical Systems Statistics

Share Statistics

Merit Medical Systems has 59.07M shares outstanding. The number of shares has increased by 1.25% in one year.

Shares Outstanding 59.07M
Shares Change (YoY) 1.25%
Shares Change (QoQ) 0.95%
Owned by Institutions (%) 99.99%
Shares Floating 57.54M
Failed to Deliver (FTD) Shares 351
FTD / Avg. Volume 0.05%

Short Selling Information

The latest short interest is 2.7M, so 4.57% of the outstanding shares have been sold short.

Short Interest 2.7M
Short % of Shares Out 4.57%
Short % of Float 6.45%
Short Ratio (days to cover) 3.85

Valuation Ratios

The PE ratio is 46.78 and the forward PE ratio is 22.31. Merit Medical Systems's PEG ratio is 1.78.

PE Ratio 46.78
Forward PE 22.31
PS Ratio 4.15
Forward PS 2.8
PB Ratio 4.08
P/FCF Ratio 25.5
PEG Ratio 1.78
Financial Ratio History

Enterprise Valuation

Merit Medical Systems has an Enterprise Value (EV) of 6.44B.

EV / Sales 4.75
EV / EBITDA 21.76
EV / EBIT 29.17
EV / FCF 29.17

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
Debt / EBITDA 2.74
Debt / FCF 3.67
Interest Coverage 4.99

Financial Efficiency

Return on Equity is 8.73% and Return on Invested Capital is 5.75%.

Return on Equity 8.73%
Return on Assets 4.98%
Return on Invested Capital 5.75%
Revenue Per Employee $183.31K
Profits Per Employee $16.26K
Employee Count 7,400
Asset Turnover 0.56
Inventory Turnover 2.33

Taxes

Income Tax 29.64M
Effective Tax Rate 19.76%

Stock Price Statistics

The stock price has increased by 27.92% in the last 52 weeks. The beta is 0.85, so Merit Medical Systems's price volatility has been higher than the market average.

Beta 0.85
52-Week Price Change 27.92%
50-Day Moving Average 101.22
200-Day Moving Average 97.87
Relative Strength Index (RSI) 38.06
Average Volume (20 Days) 688.68K

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 181.21M
Earnings Per Share (EPS) 2.07
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 2.14%
FCF Yield 3.92%
Dividend Details

Analyst Forecast

The average price target for MMSI is $116, which is 27.7% higher than the current price. The consensus rating is "Buy".

Price Target $116
Price Target Difference 27.7%
Analyst Consensus Buy
Analyst Count 9
Stock Forecasts

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 4.7
Piotroski F-Score 6