81.75 USD
+0.67 (+0.83%)
81.75 USD
0 (0%)
Taking everything into account, MMSI scores 6 out of 10 in our fundamental rating. MMSI was compared to 185 industry peers in the Health Care Equipment & Supplies industry. MMSI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MMSI is not valued too expensively and it also shows a decent growth rate. This makes MMSI very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- In the past year MMSI was profitable.
- MMSI had a positive operating cash flow in the past year.
- MMSI had positive earnings in 4 of the past 5 years.
- MMSI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- MMSI has a better Return On Assets (4.50%) than 80.00% of its industry peers.
- MMSI has a better Return On Equity (7.74%) than 81.62% of its industry peers.
- MMSI has a Return On Invested Capital of 6.02%. This is in the better half of the industry: MMSI outperforms 78.92% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MMSI is below the industry average of 8.84%.
- The 3 year average ROIC (5.44%) for MMSI is below the current ROIC(6.02%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.5% | ||
| ROE | 7.74% | ||
| ROIC | 6.02% |
ROA(3y)4.5%
ROA(5y)3.17%
ROE(3y)7.7%
ROE(5y)5.35%
ROIC(3y)5.44%
ROIC(5y)4.73%
1.3 Margins
- Looking at the Profit Margin, with a value of 8.02%, MMSI belongs to the top of the industry, outperforming 80.54% of the companies in the same industry.
- In the last couple of years the Profit Margin of MMSI has grown nicely.
- MMSI's Operating Margin of 11.89% is fine compared to the rest of the industry. MMSI outperforms 80.00% of its industry peers.
- MMSI's Operating Margin has improved in the last couple of years.
- The Gross Margin of MMSI (48.47%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of MMSI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.89% | ||
| PM (TTM) | 8.02% | ||
| GM | 48.47% |
OM growth 3Y20.05%
OM growth 5Y25.17%
PM growth 3Y25.28%
PM growth 5Y74.22%
GM growth 3Y1.65%
GM growth 5Y1.76%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MMSI is destroying value.
- MMSI has more shares outstanding than it did 1 year ago.
- MMSI has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MMSI has an improved debt to assets ratio.
2.2 Solvency
- MMSI has an Altman-Z score of 4.16. This indicates that MMSI is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of MMSI (4.16) is better than 74.59% of its industry peers.
- MMSI has a debt to FCF ratio of 3.60. This is a good value and a sign of high solvency as MMSI would need 3.60 years to pay back of all of its debts.
- The Debt to FCF ratio of MMSI (3.60) is better than 82.70% of its industry peers.
- MMSI has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
- MMSI's Debt to Equity ratio of 0.48 is in line compared to the rest of the industry. MMSI outperforms 42.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.6 | ||
| Altman-Z | 4.16 |
ROIC/WACC0.63
WACC9.55%
2.3 Liquidity
- A Current Ratio of 4.28 indicates that MMSI has no problem at all paying its short term obligations.
- The Current ratio of MMSI (4.28) is better than 72.43% of its industry peers.
- MMSI has a Quick Ratio of 2.86. This indicates that MMSI is financially healthy and has no problem in meeting its short term obligations.
- MMSI has a Quick ratio of 2.86. This is in the better half of the industry: MMSI outperforms 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.28 | ||
| Quick Ratio | 2.86 |
3. Growth
3.1 Past
- MMSI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.71%, which is quite good.
- Measured over the past years, MMSI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.81% on average per year.
- MMSI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.41%.
- Measured over the past years, MMSI shows a small growth in Revenue. The Revenue has been growing by 6.40% on average per year.
EPS 1Y (TTM)10.71%
EPS 3Y13.66%
EPS 5Y18.81%
EPS Q2Q%6.98%
Revenue 1Y (TTM)11.41%
Revenue growth 3Y8.07%
Revenue growth 5Y6.4%
Sales Q2Q%13.04%
3.2 Future
- The Earnings Per Share is expected to grow by 9.25% on average over the next years. This is quite good.
- Based on estimates for the next years, MMSI will show a small growth in Revenue. The Revenue will grow by 7.21% on average per year.
EPS Next Y9.43%
EPS Next 2Y8.44%
EPS Next 3Y8.67%
EPS Next 5Y9.25%
Revenue Next Year11.59%
Revenue Next 2Y8.91%
Revenue Next 3Y7.87%
Revenue Next 5Y7.21%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 21.98, which indicates a rather expensive current valuation of MMSI.
- 82.16% of the companies in the same industry are more expensive than MMSI, based on the Price/Earnings ratio.
- MMSI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.33.
- Based on the Price/Forward Earnings ratio of 19.98, the valuation of MMSI can be described as rather expensive.
- 82.16% of the companies in the same industry are more expensive than MMSI, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 24.12. MMSI is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.98 | ||
| Fwd PE | 19.98 |
4.2 Price Multiples
- 79.46% of the companies in the same industry are more expensive than MMSI, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, MMSI is valued cheaply inside the industry as 86.49% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.78 | ||
| EV/EBITDA | 17.95 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of MMSI may justify a higher PE ratio.
PEG (NY)2.33
PEG (5Y)1.17
EPS Next 2Y8.44%
EPS Next 3Y8.67%
5. Dividend
5.1 Amount
- MMSI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
81.75
+0.67 (+0.83%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)02-23 2026-02-23/amc
Inst Owners105.26%
Inst Owner Change1.11%
Ins Owners2.24%
Ins Owner Change2.48%
Market Cap4.85B
Revenue(TTM)1.48B
Net Income(TTM)118.43M
Analysts84.71
Price Target105.52 (29.08%)
Short Float %6.53%
Short Ratio5.96
Dividend
| Industry Rank | Sector 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)12.42%
Min EPS beat(2)8.41%
Max EPS beat(2)16.43%
EPS beat(4)4
Avg EPS beat(4)11.85%
Min EPS beat(4)8.41%
Max EPS beat(4)16.43%
EPS beat(8)8
Avg EPS beat(8)8.2%
EPS beat(12)12
Avg EPS beat(12)9.61%
EPS beat(16)16
Avg EPS beat(16)12.71%
Revenue beat(2)2
Avg Revenue beat(2)0.84%
Min Revenue beat(2)0.41%
Max Revenue beat(2)1.27%
Revenue beat(4)2
Avg Revenue beat(4)-0.1%
Min Revenue beat(4)-1.19%
Max Revenue beat(4)1.27%
Revenue beat(8)3
Avg Revenue beat(8)-0.23%
Revenue beat(12)6
Avg Revenue beat(12)0.28%
Revenue beat(16)10
Avg Revenue beat(16)0.77%
PT rev (1m)0.44%
PT rev (3m)-0.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.18%
EPS NY rev (1m)0%
EPS NY rev (3m)3.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.98 | ||
| Fwd PE | 19.98 | ||
| P/S | 3.28 | ||
| P/FCF | 23.78 | ||
| P/OCF | 18.11 | ||
| P/B | 3.17 | ||
| P/tB | 10.02 | ||
| EV/EBITDA | 17.95 |
EPS(TTM)3.72
EY4.55%
EPS(NY)4.09
Fwd EY5.01%
FCF(TTM)3.44
FCFY4.2%
OCF(TTM)4.51
OCFY5.52%
SpS24.91
BVpS25.8
TBVpS8.16
PEG (NY)2.33
PEG (5Y)1.17
Graham Number46.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.5% | ||
| ROE | 7.74% | ||
| ROCE | 7.31% | ||
| ROIC | 6.02% | ||
| ROICexc | 7.19% | ||
| ROICexgc | 15.01% | ||
| OM | 11.89% | ||
| PM (TTM) | 8.02% | ||
| GM | 48.47% | ||
| FCFM | 13.8% |
ROA(3y)4.5%
ROA(5y)3.17%
ROE(3y)7.7%
ROE(5y)5.35%
ROIC(3y)5.44%
ROIC(5y)4.73%
ROICexc(3y)6.58%
ROICexc(5y)5.49%
ROICexgc(3y)12.83%
ROICexgc(5y)10.84%
ROCE(3y)6.61%
ROCE(5y)5.76%
ROICexgc growth 3Y18.8%
ROICexgc growth 5Y28.87%
ROICexc growth 3Y17.15%
ROICexc growth 5Y28.57%
OM growth 3Y20.05%
OM growth 5Y25.17%
PM growth 3Y25.28%
PM growth 5Y74.22%
GM growth 3Y1.65%
GM growth 5Y1.76%
F-Score6
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.6 | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | 57.39% | ||
| Cap/Sales | 4.32% | ||
| Interest Coverage | 6.24 | ||
| Cash Conversion | 93.31% | ||
| Profit Quality | 172.08% | ||
| Current Ratio | 4.28 | ||
| Quick Ratio | 2.86 | ||
| Altman-Z | 4.16 |
F-Score6
WACC9.55%
ROIC/WACC0.63
Cap/Depr(3y)44.28%
Cap/Depr(5y)44.37%
Cap/Sales(3y)3.21%
Cap/Sales(5y)3.52%
Profit Quality(3y)119.91%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.71%
EPS 3Y13.66%
EPS 5Y18.81%
EPS Q2Q%6.98%
EPS Next Y9.43%
EPS Next 2Y8.44%
EPS Next 3Y8.67%
EPS Next 5Y9.25%
Revenue 1Y (TTM)11.41%
Revenue growth 3Y8.07%
Revenue growth 5Y6.4%
Sales Q2Q%13.04%
Revenue Next Year11.59%
Revenue Next 2Y8.91%
Revenue Next 3Y7.87%
Revenue Next 5Y7.21%
EBIT growth 1Y14.96%
EBIT growth 3Y29.73%
EBIT growth 5Y33.17%
EBIT Next Year45.11%
EBIT Next 3Y17.4%
EBIT Next 5Y15.37%
FCF growth 1Y186.22%
FCF growth 3Y16.23%
FCF growth 5YN/A
OCF growth 1Y141.3%
OCF growth 3Y14.47%
OCF growth 5Y23.2%
MERIT MEDICAL SYSTEMS INC / MMSI FAQ
Can you provide the ChartMill fundamental rating for MERIT MEDICAL SYSTEMS INC?
ChartMill assigns a fundamental rating of 6 / 10 to MMSI.
What is the valuation status for MMSI stock?
ChartMill assigns a valuation rating of 5 / 10 to MERIT MEDICAL SYSTEMS INC (MMSI). This can be considered as Fairly Valued.
How profitable is MERIT MEDICAL SYSTEMS INC (MMSI) stock?
MERIT MEDICAL SYSTEMS INC (MMSI) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for MMSI stock?
The Price/Earnings (PE) ratio for MERIT MEDICAL SYSTEMS INC (MMSI) is 21.98 and the Price/Book (PB) ratio is 3.17.
What is the financial health of MERIT MEDICAL SYSTEMS INC (MMSI) stock?
The financial health rating of MERIT MEDICAL SYSTEMS INC (MMSI) is 7 / 10.