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NASDAQ: MMSI
Merit Medical Systems Inc Stock

$74.03-0.15 (-0.2%)
Updated Apr 24, 2024
MMSI Price
$74.03
Fair Value Price
$75.25
Market Cap
$4.29B
52 Week Low
$62.58
52 Week High
$85.62
P/E
45.14x
P/B
3.57x
P/S
3.48x
PEG
0.74x
Dividend Yield
N/A
Revenue
$1.26B
Earnings
$94.41M
Gross Margin
46.4%
Operating Margin
10.15%
Profit Margin
7.5%
Debt to Equity
0.93
Operating Cash Flow
$145M
Beta
1.02
Next Earnings
Apr 30, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MMSI Overview

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, over-the-wire and direct visualization delivery systems, and dilation balloons to endoscopically dilate strictures; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. Merit Medical Systems, Inc. was incorporated in 1987 and is headquartered in South Jordan, Utah.

Zen Score

Industry Average (31)
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Due Diligence Checks

MMSI ($74.03) is undervalued by 1.62% relative to our estimate of its Fair Value price of $75.25 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MMSI ($74.03) is not significantly undervalued (1.62%) relative to our estimate of its Fair Value price of $75.25 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MMSI ($74.03) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MMSI News

Valuation

MMSI fair value

Fair Value of MMSI stock based on Discounted Cash Flow (DCF)
Price
$74.03
Fair Value
$75.25
Undervalued by
1.62%
MMSI ($74.03) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MMSI ($74.03) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MMSI ($74.03) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MMSI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
45.14x
Industry
48.25x
Market
41.27x
MMSI is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MMSI is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

MMSI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.57x
Industry
3.52x
MMSI is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MMSI price to earnings growth (PEG)

For valuing profitable companies with growth potential
MMSI is good value based... subscribe to Premium to read more.
PEG Value Valuation

MMSI's financial health

Profit margin

Revenue
$324.5M
Net Income
$27.6M
Profit Margin
8.5%
MMSI's Earnings (EBIT) of $127.60M... subscribe to Premium to read more.
Interest Coverage Financials
MMSI's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.3B
Liabilities
$1.1B
Debt to equity
0.93
MMSI's short-term assets ($1.11B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MMSI's short-term assets ($1.11B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MMSI's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MMSI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$62.3M
Investing
-$8.3M
Financing
$472.8M
MMSI's operating cash flow ($145.15M)... subscribe to Premium to read more.
Debt Coverage Financials

MMSI vs Medical Stocks

TickerMarket Cap1d %P/EP/B
MMSI$4.29B-0.20%45.14x3.57x
HAE$4.38B+1.35%34.49x4.64x
NVST$3.48B+0.30%-33.80x0.83x
BLCO$5.23B+0.34%-20.14x0.76x
AZTA$2.90B-0.86%-157.85x1.19x

Merit Medical Systems Stock FAQ

What is Merit Medical Systems's quote symbol?

(NASDAQ: MMSI) Merit Medical Systems trades on the NASDAQ under the ticker symbol MMSI. Merit Medical Systems stock quotes can also be displayed as NASDAQ: MMSI.

If you're new to stock investing, here's how to buy Merit Medical Systems stock.

What is the 52 week high and low for Merit Medical Systems (NASDAQ: MMSI)?

(NASDAQ: MMSI) Merit Medical Systems's 52-week high was $85.62, and its 52-week low was $62.58. It is currently -13.54% from its 52-week high and 18.3% from its 52-week low.

How much is Merit Medical Systems stock worth today?

(NASDAQ: MMSI) Merit Medical Systems currently has 57,930,050 outstanding shares. With Merit Medical Systems stock trading at $74.03 per share, the total value of Merit Medical Systems stock (market capitalization) is $4.29B.

Merit Medical Systems stock was originally listed at a price of $1.80 in Dec 31, 1997. If you had invested in Merit Medical Systems stock at $1.80, your return over the last 26 years would have been 4,012.78%, for an annualized return of 15.37% (not including any dividends or dividend reinvestments).

How much is Merit Medical Systems's stock price per share?

(NASDAQ: MMSI) Merit Medical Systems stock price per share is $74.03 today (as of Apr 24, 2024).

What is Merit Medical Systems's Market Cap?

(NASDAQ: MMSI) Merit Medical Systems's market cap is $4.29B, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Merit Medical Systems's market cap is calculated by multiplying MMSI's current stock price of $74.03 by MMSI's total outstanding shares of 57,930,050.
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