84.97 USD
+1.11 (+1.32%)
At close: Jan 30, 2026
84.97 USD
0 (0%)
After Hours: 1/30/2026, 8:02:16 PM
We assign a fundamental rating of 7 out of 10 to LMAT. LMAT was compared to 185 industry peers in the Health Care Equipment & Supplies industry. LMAT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LMAT has a correct valuation and a medium growth rate. With these ratings, LMAT could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
- In the past year LMAT was profitable.
- LMAT had a positive operating cash flow in the past year.
- LMAT had positive earnings in each of the past 5 years.
- Each year in the past 5 years LMAT had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 8.92%, LMAT belongs to the top of the industry, outperforming 91.35% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 14.08%, LMAT belongs to the top of the industry, outperforming 90.27% of the companies in the same industry.
- LMAT has a better Return On Invested Capital (8.43%) than 87.03% of its industry peers.
- LMAT had an Average Return On Invested Capital over the past 3 years of 8.26%. This is in line with the industry average of 8.81%.
- The last Return On Invested Capital (8.43%) for LMAT is above the 3 year average (8.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.92% | ||
| ROE | 14.08% | ||
| ROIC | 8.43% |
ROA(3y)7.77%
ROA(5y)8.17%
ROE(3y)10.28%
ROE(5y)10.74%
ROIC(3y)8.26%
ROIC(5y)8.93%
1.3 Margins
- With an excellent Profit Margin value of 22.14%, LMAT belongs to the best of the industry, outperforming 94.59% of the companies in the same industry.
- LMAT's Profit Margin has improved in the last couple of years.
- LMAT's Operating Margin of 25.71% is amongst the best of the industry. LMAT outperforms 95.14% of its industry peers.
- In the last couple of years the Operating Margin of LMAT has grown nicely.
- The Gross Margin of LMAT (70.97%) is better than 80.00% of its industry peers.
- In the last couple of years the Gross Margin of LMAT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.71% | ||
| PM (TTM) | 22.14% | ||
| GM | 70.97% |
OM growth 3Y0.27%
OM growth 5Y5.61%
PM growth 3Y4.76%
PM growth 5Y5.57%
GM growth 3Y1.48%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
- LMAT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for LMAT has been increased compared to 1 year ago.
- Compared to 5 years ago, LMAT has more shares outstanding
- LMAT has a worse debt/assets ratio than last year.
2.2 Solvency
- LMAT has an Altman-Z score of 7.27. This indicates that LMAT is financially healthy and has little risk of bankruptcy at the moment.
- LMAT has a Altman-Z score of 7.27. This is amongst the best in the industry. LMAT outperforms 85.95% of its industry peers.
- The Debt to FCF ratio of LMAT is 2.54, which is a good value as it means it would take LMAT, 2.54 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 2.54, LMAT belongs to the best of the industry, outperforming 84.32% of the companies in the same industry.
- LMAT has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- LMAT has a Debt to Equity ratio (0.44) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.54 | ||
| Altman-Z | 7.27 |
ROIC/WACC0.84
WACC10.01%
2.3 Liquidity
- A Current Ratio of 13.58 indicates that LMAT has no problem at all paying its short term obligations.
- LMAT has a Current ratio of 13.58. This is amongst the best in the industry. LMAT outperforms 97.84% of its industry peers.
- A Quick Ratio of 11.45 indicates that LMAT has no problem at all paying its short term obligations.
- LMAT has a better Quick ratio (11.45) than 95.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 13.58 | ||
| Quick Ratio | 11.45 |
3. Growth
3.1 Past
- LMAT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.67%, which is quite good.
- Measured over the past years, LMAT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.13% on average per year.
- The Revenue has grown by 13.07% in the past year. This is quite good.
- The Revenue has been growing by 13.41% on average over the past years. This is quite good.
EPS 1Y (TTM)19.67%
EPS 3Y15.47%
EPS 5Y17.13%
EPS Q2Q%26.53%
Revenue 1Y (TTM)13.07%
Revenue growth 3Y12.5%
Revenue growth 5Y13.41%
Sales Q2Q%11.36%
3.2 Future
- LMAT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.10% yearly.
- Based on estimates for the next years, LMAT will show a quite strong growth in Revenue. The Revenue will grow by 9.65% on average per year.
EPS Next Y27.49%
EPS Next 2Y16.63%
EPS Next 3Y14.06%
EPS Next 5Y11.1%
Revenue Next Year12.78%
Revenue Next 2Y10.91%
Revenue Next 3Y10.19%
Revenue Next 5Y9.65%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- LMAT is valuated quite expensively with a Price/Earnings ratio of 38.80.
- Based on the Price/Earnings ratio, LMAT is valued a bit cheaper than the industry average as 71.35% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.32. LMAT is valued slightly more expensive when compared to this.
- A Price/Forward Earnings ratio of 32.20 indicates a quite expensive valuation of LMAT.
- LMAT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LMAT is cheaper than 71.35% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. LMAT is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.8 | ||
| Fwd PE | 32.2 |
4.2 Price Multiples
- LMAT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LMAT is cheaper than 76.22% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of LMAT indicates a somewhat cheap valuation: LMAT is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.11 | ||
| EV/EBITDA | 19.88 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- LMAT has an outstanding profitability rating, which may justify a higher PE ratio.
- LMAT's earnings are expected to grow with 14.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.41
PEG (5Y)2.27
EPS Next 2Y16.63%
EPS Next 3Y14.06%
5. Dividend
5.1 Amount
- LMAT has a yearly dividend return of 0.95%, which is pretty low.
- LMAT's Dividend Yield is rather good when compared to the industry average which is at 0.21. LMAT pays more dividend than 92.43% of the companies in the same industry.
- With a Dividend Yield of 0.95, LMAT pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
5.2 History
- The dividend of LMAT is nicely growing with an annual growth rate of 13.60%!
- LMAT has paid a dividend for at least 10 years, which is a reliable track record.
- LMAT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)13.6%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
- 32.20% of the earnings are spent on dividend by LMAT. This is a low number and sustainable payout ratio.
- LMAT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.2%
EPS Next 2Y16.63%
EPS Next 3Y14.06%
LEMAITRE VASCULAR INC / LMAT FAQ
What is the ChartMill fundamental rating of LEMAITRE VASCULAR INC (LMAT) stock?
ChartMill assigns a fundamental rating of 7 / 10 to LMAT.
What is the valuation status of LEMAITRE VASCULAR INC (LMAT) stock?
ChartMill assigns a valuation rating of 5 / 10 to LEMAITRE VASCULAR INC (LMAT). This can be considered as Fairly Valued.
How profitable is LEMAITRE VASCULAR INC (LMAT) stock?
LEMAITRE VASCULAR INC (LMAT) has a profitability rating of 9 / 10.
What is the valuation of LEMAITRE VASCULAR INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for LEMAITRE VASCULAR INC (LMAT) is 38.8 and the Price/Book (PB) ratio is 5.09.
How financially healthy is LEMAITRE VASCULAR INC?
The financial health rating of LEMAITRE VASCULAR INC (LMAT) is 7 / 10.