Merit Medical Systems, Inc. (MMSI): Price and Financial Metrics

MMSI POWR Grades

• MMSI scores best on the Growth dimension, with a Growth rank ahead of 99.3% of US stocks.
• The strongest trend for MMSI is in Quality, which has been heading up over the past 47 weeks.
• MMSI's current lowest rank is in the Momentum metric (where it is better than 42.16% of US stocks).

MMSI Stock Summary

• Merit Medical Systems Inc's stock had its IPO on February 26, 1992, making it an older stock than 81.19% of US equities in our set.
• With a price/earnings ratio of 142.67, Merit Medical Systems Inc P/E ratio is greater than that of about 95.09% of stocks in our set with positive earnings.
• In terms of twelve month growth in earnings before interest and taxes, Merit Medical Systems Inc is reporting a growth rate of -247.46%; that's higher than just 8.49% of US stocks.
• Stocks that are quantitatively similar to MMSI, based on their financial statements, market capitalization, and price volatility, are PLPC, MTRN, LPTH, CW, and XRX.
• MMSI's SEC filings can be seen here. And to visit Merit Medical Systems Inc's official web site, go to www.merit.com.

MMSI Valuation Summary

• MMSI's price/sales ratio is 3.9; this is 65.64% lower than that of the median Healthcare stock.
• Over the past 243 months, MMSI's price/sales ratio has gone up 2.4.
• Over the past 243 months, MMSI's price/sales ratio has gone up 2.4.

Below are key valuation metrics over time for MMSI.

MMSI Growth Metrics

• Its year over year revenue growth rate is now at -3.08%.
• Its 3 year net cashflow from operations growth rate is now at 49.11%.
• Its 4 year price growth rate is now at 109.34%.

MMSI's revenue has moved up $494,692,000 over the prior 70 months.

The table below shows MMSI's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	1,031.217	168.494	28.243
2021-03-31	969.263	171.638	4.269
2020-12-31	963.875	165.27	-9.843
2020-09-30	963.793	155.264	-29.426
2020-06-30	962.867	115.339	-29.815
2020-03-31	1,000.028	93.172	-3.898

MMSI's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MMSI has a Quality Grade of C, ranking ahead of 58.91% of graded US stocks.
• MMSI's asset turnover comes in at 0.622 -- ranking 66th of 182 Medical Equipment stocks.
• OSUR, STAA, and MASI are the stocks whose asset turnover ratios are most correlated with MMSI.

The table below shows MMSI's key quality metrics over time.