ICU MEDICAL INC (ICUI) Fundamental Analysis & Valuation

NASDAQ:ICUI • US44930G1076

Current stock price

123.245 USD
-0.67 (-0.54%)
Last:

This ICUI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. ICUI Profitability Analysis

1.1 Basic Checks

  • ICUI had positive earnings in the past year.
  • In the past year ICUI had a positive cash flow from operations.
  • In multiple years ICUI reported negative net income over the last 5 years.
  • Of the past 5 years ICUI 4 years had a positive operating cash flow.
ICUI Yearly Net Income VS EBIT VS OCF VS FCFICUI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M

1.2 Ratios

  • ICUI has a better Return On Assets (0.02%) than 71.28% of its industry peers.
  • Looking at the Return On Equity, with a value of 0.03%, ICUI is in the better half of the industry, outperforming 71.81% of the companies in the same industry.
  • ICUI has a better Return On Invested Capital (2.43%) than 69.68% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ICUI is significantly below the industry average of 9.40%.
  • The 3 year average ROIC (1.99%) for ICUI is below the current ROIC(2.43%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 0.02%
ROE 0.03%
ROIC 2.43%
ROA(3y)-1.15%
ROA(5y)0.08%
ROE(3y)-2.45%
ROE(5y)-0.91%
ROIC(3y)1.99%
ROIC(5y)2.63%
ICUI Yearly ROA, ROE, ROICICUI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10

1.3 Margins

  • ICUI has a better Profit Margin (0.03%) than 71.81% of its industry peers.
  • ICUI's Profit Margin has declined in the last couple of years.
  • ICUI's Operating Margin of 4.90% is fine compared to the rest of the industry. ICUI outperforms 69.68% of its industry peers.
  • In the last couple of years the Operating Margin of ICUI has declined.
  • ICUI's Gross Margin of 36.84% is on the low side compared to the rest of the industry. ICUI is outperformed by 71.28% of its industry peers.
  • ICUI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 4.9%
PM (TTM) 0.03%
GM 36.84%
OM growth 3Y57.68%
OM growth 5Y-13.09%
PM growth 3YN/A
PM growth 5Y-65.63%
GM growth 3Y6.38%
GM growth 5Y0.29%
ICUI Yearly Profit, Operating, Gross MarginsICUI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. ICUI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ICUI is destroying value.
  • The number of shares outstanding for ICUI has been increased compared to 1 year ago.
  • Compared to 5 years ago, ICUI has more shares outstanding
  • ICUI has a better debt/assets ratio than last year.
ICUI Yearly Shares OutstandingICUI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M
ICUI Yearly Total Debt VS Total AssetsICUI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • ICUI has an Altman-Z score of 2.04. This is not the best score and indicates that ICUI is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.04, ICUI is in the better half of the industry, outperforming 60.11% of the companies in the same industry.
  • ICUI has a debt to FCF ratio of 15.58. This is a negative value and a sign of low solvency as ICUI would need 15.58 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 15.58, ICUI is doing good in the industry, outperforming 70.21% of the companies in the same industry.
  • ICUI has a Debt/Equity ratio of 0.60. This is a neutral value indicating ICUI is somewhat dependend on debt financing.
  • ICUI's Debt to Equity ratio of 0.60 is on the low side compared to the rest of the industry. ICUI is outperformed by 63.30% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 15.58
Altman-Z 2.04
ROIC/WACC0.32
WACC7.57%
ICUI Yearly LT Debt VS Equity VS FCFICUI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 2.39 indicates that ICUI has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 2.39, ICUI is in line with its industry, outperforming 44.68% of the companies in the same industry.
  • A Quick Ratio of 1.15 indicates that ICUI should not have too much problems paying its short term obligations.
  • ICUI's Quick ratio of 1.15 is on the low side compared to the rest of the industry. ICUI is outperformed by 73.94% of its industry peers.
Industry RankSector Rank
Current Ratio 2.39
Quick Ratio 1.15
ICUI Yearly Current Assets VS Current LiabilitesICUI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. ICUI Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 24.76% over the past year.
  • Measured over the past 5 years, ICUI shows a small growth in Earnings Per Share. The EPS has been growing by 1.71% on average per year.
  • ICUI shows a decrease in Revenue. In the last year, the revenue decreased by -6.33%.
  • ICUI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.91% yearly.
EPS 1Y (TTM)24.76%
EPS 3Y5.87%
EPS 5Y1.71%
EPS Q2Q%-9.48%
Revenue 1Y (TTM)-6.33%
Revenue growth 3Y-0.72%
Revenue growth 5Y11.91%
Sales Q2Q%-13.78%

3.2 Future

  • Based on estimates for the next years, ICUI will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.23% on average per year.
  • ICUI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.49% yearly.
EPS Next Y6.62%
EPS Next 2Y9.98%
EPS Next 3Y9.85%
EPS Next 5Y9.23%
Revenue Next Year-1.33%
Revenue Next 2Y1.52%
Revenue Next 3Y3.23%
Revenue Next 5Y4.49%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ICUI Yearly Revenue VS EstimatesICUI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
ICUI Yearly EPS VS EstimatesICUI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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Find the best growth stocksShow best growing peers

5

4. ICUI Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 15.88, the valuation of ICUI can be described as correct.
  • 85.64% of the companies in the same industry are more expensive than ICUI, based on the Price/Earnings ratio.
  • ICUI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.91.
  • The Price/Forward Earnings ratio is 14.90, which indicates a correct valuation of ICUI.
  • Based on the Price/Forward Earnings ratio, ICUI is valued cheaper than 86.17% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of ICUI to the average of the S&P500 Index (23.69), we can say ICUI is valued slightly cheaper.
Industry RankSector Rank
PE 15.88
Fwd PE 14.9
ICUI Price Earnings VS Forward Price EarningsICUI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ICUI is valued cheaper than 83.51% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ICUI indicates a somewhat cheap valuation: ICUI is cheaper than 75.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 36.74
EV/EBITDA 13.04
ICUI Per share dataICUI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.4
PEG (5Y)9.3
EPS Next 2Y9.98%
EPS Next 3Y9.85%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. ICUI Dividend Analysis

5.1 Amount

  • No dividends for ICUI!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ICUI Fundamentals: All Metrics, Ratios and Statistics

ICU MEDICAL INC

NASDAQ:ICUI (4/9/2026, 11:30:47 AM)

123.245

-0.67 (-0.54%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)02-19
Earnings (Next)05-06
Inst Owners116.08%
Inst Owner Change0%
Ins Owners0.96%
Ins Owner Change7.01%
Market Cap3.04B
Revenue(TTM)2.23B
Net Income(TTM)732.00K
Analysts83.33
Price Target187.27 (51.95%)
Short Float %5%
Short Ratio4.02
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.77%
Min EPS beat(2)10.68%
Max EPS beat(2)38.85%
EPS beat(4)4
Avg EPS beat(4)29.63%
Min EPS beat(4)10.68%
Max EPS beat(4)38.85%
EPS beat(8)8
Avg EPS beat(8)31.35%
EPS beat(12)12
Avg EPS beat(12)27.15%
EPS beat(16)15
Avg EPS beat(16)20.28%
Revenue beat(2)1
Avg Revenue beat(2)0.72%
Min Revenue beat(2)-0.98%
Max Revenue beat(2)2.43%
Revenue beat(4)2
Avg Revenue beat(4)0.69%
Min Revenue beat(4)-1.77%
Max Revenue beat(4)3.09%
Revenue beat(8)5
Avg Revenue beat(8)0.8%
Revenue beat(12)6
Avg Revenue beat(12)-0.83%
Revenue beat(16)7
Avg Revenue beat(16)-0.86%
PT rev (1m)0%
PT rev (3m)1.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.51%
EPS NY rev (1m)0%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.13%
Valuation
Industry RankSector Rank
PE 15.88
Fwd PE 14.9
P/S 1.36
P/FCF 36.74
P/OCF 16.92
P/B 1.43
P/tB N/A
EV/EBITDA 13.04
EPS(TTM)7.76
EY6.3%
EPS(NY)8.27
Fwd EY6.71%
FCF(TTM)3.35
FCFY2.72%
OCF(TTM)7.28
OCFY5.91%
SpS90.37
BVpS86.02
TBVpS-0.38
PEG (NY)2.4
PEG (5Y)9.3
Graham Number122.55
Profitability
Industry RankSector Rank
ROA 0.02%
ROE 0.03%
ROCE 3.08%
ROIC 2.43%
ROICexc 2.66%
ROICexgc 7.78%
OM 4.9%
PM (TTM) 0.03%
GM 36.84%
FCFM 3.71%
ROA(3y)-1.15%
ROA(5y)0.08%
ROE(3y)-2.45%
ROE(5y)-0.91%
ROIC(3y)1.99%
ROIC(5y)2.63%
ROICexc(3y)2.16%
ROICexc(5y)3.42%
ROICexgc(3y)6.21%
ROICexgc(5y)6.59%
ROCE(3y)2.51%
ROCE(5y)3.33%
ROICexgc growth 3Y68.14%
ROICexgc growth 5Y-6.18%
ROICexc growth 3Y65.14%
ROICexc growth 5Y-20.85%
OM growth 3Y57.68%
OM growth 5Y-13.09%
PM growth 3YN/A
PM growth 5Y-65.63%
GM growth 3Y6.38%
GM growth 5Y0.29%
F-Score6
Asset Turnover0.55
Health
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 15.58
Debt/EBITDA 4.09
Cap/Depr 48.33%
Cap/Sales 4.35%
Interest Coverage 1.31
Cash Conversion 58%
Profit Quality 11315.8%
Current Ratio 2.39
Quick Ratio 1.15
Altman-Z 2.04
F-Score6
WACC7.57%
ROIC/WACC0.32
Cap/Depr(3y)43.46%
Cap/Depr(5y)52.62%
Cap/Sales(3y)4.09%
Cap/Sales(5y)4.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.76%
EPS 3Y5.87%
EPS 5Y1.71%
EPS Q2Q%-9.48%
EPS Next Y6.62%
EPS Next 2Y9.98%
EPS Next 3Y9.85%
EPS Next 5Y9.23%
Revenue 1Y (TTM)-6.33%
Revenue growth 3Y-0.72%
Revenue growth 5Y11.91%
Sales Q2Q%-13.78%
Revenue Next Year-1.33%
Revenue Next 2Y1.52%
Revenue Next 3Y3.23%
Revenue Next 5Y4.49%
EBIT growth 1Y6.35%
EBIT growth 3Y56.54%
EBIT growth 5Y-2.74%
EBIT Next Year28.75%
EBIT Next 3Y15.51%
EBIT Next 5Y12.24%
FCF growth 1Y-27.23%
FCF growth 3YN/A
FCF growth 5Y-7.51%
OCF growth 1Y-11.85%
OCF growth 3YN/A
OCF growth 5Y-4.19%

ICU MEDICAL INC / ICUI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ICU MEDICAL INC (ICUI) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ICUI.


Can you provide the valuation status for ICU MEDICAL INC?

ChartMill assigns a valuation rating of 5 / 10 to ICU MEDICAL INC (ICUI). This can be considered as Fairly Valued.


Can you provide the profitability details for ICU MEDICAL INC?

ICU MEDICAL INC (ICUI) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for ICUI stock?

The Price/Earnings (PE) ratio for ICU MEDICAL INC (ICUI) is 15.88 and the Price/Book (PB) ratio is 1.43.


What is the earnings growth outlook for ICU MEDICAL INC?

The Earnings per Share (EPS) of ICU MEDICAL INC (ICUI) is expected to grow by 6.62% in the next year.