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Merit Medical Systems (FRA:MM3) EV-to-FCF : 38.11 (As of May. 10, 2024)


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What is Merit Medical Systems EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Merit Medical Systems's Enterprise Value is €4,602 Mil. Merit Medical Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was €121 Mil. Therefore, Merit Medical Systems's EV-to-FCF for today is 38.11.

The historical rank and industry rank for Merit Medical Systems's EV-to-FCF or its related term are showing as below:

FRA:MM3' s EV-to-FCF Range Over the Past 10 Years
Min: -749.35   Med: 64.47   Max: 482.53
Current: 37.41

During the past 13 years, the highest EV-to-FCF of Merit Medical Systems was 482.53. The lowest was -749.35. And the median was 64.47.

FRA:MM3's EV-to-FCF is ranked worse than
61.98% of 363 companies
in the Medical Devices & Instruments industry
Industry Median: 27.34 vs FRA:MM3: 37.41

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-10), Merit Medical Systems's stock price is €72.50. Merit Medical Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was €1.617. Therefore, Merit Medical Systems's PE Ratio for today is 44.84.


Merit Medical Systems EV-to-FCF Historical Data

The historical data trend for Merit Medical Systems's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Merit Medical Systems EV-to-FCF Chart

Merit Medical Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -598.04 29.88 32.39 64.42 43.33

Merit Medical Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.14 114.07 62.75 43.33 35.92

Competitive Comparison of Merit Medical Systems's EV-to-FCF

For the Medical Instruments & Supplies subindustry, Merit Medical Systems's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Merit Medical Systems's EV-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Merit Medical Systems's EV-to-FCF falls into.



Merit Medical Systems EV-to-FCF Calculation

Merit Medical Systems's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4602.210/120.762
=38.11

Merit Medical Systems's current Enterprise Value is €4,602 Mil.
Merit Medical Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €121 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Merit Medical Systems  (FRA:MM3) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Merit Medical Systems's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=72.50/1.617
=44.84

Merit Medical Systems's share price for today is €72.50.
Merit Medical Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.617.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Merit Medical Systems EV-to-FCF Related Terms

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Merit Medical Systems (FRA:MM3) Business Description

Traded in Other Exchanges
Address
1600 West Merit Parkway, South Jordan, UT, USA, 84095
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for use in interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. Majority of the revenue is earned from Cardiovascular segment. United States generates majority of the revenue.

Merit Medical Systems (FRA:MM3) Headlines

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