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Merit Medical Systems (Merit Medical Systems) Price-to-Free-Cash-Flow : 39.49 (As of Apr. 26, 2024)


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What is Merit Medical Systems Price-to-Free-Cash-Flow?

As of today (2024-04-26), Merit Medical Systems's share price is $73.38. Merit Medical Systems's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.86. Hence, Merit Medical Systems's Price-to-Free-Cash-Flow Ratio for today is 39.49.

The historical rank and industry rank for Merit Medical Systems's Price-to-Free-Cash-Flow or its related term are showing as below:

MMSI' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 24.27   Med: 61.47   Max: 436.46
Current: 39.45

During the past 13 years, Merit Medical Systems's highest Price-to-Free-Cash-Flow Ratio was 436.46. The lowest was 24.27. And the median was 61.47.

MMSI's Price-to-Free-Cash-Flow is ranked worse than
63.2% of 337 companies
in the Medical Devices & Instruments industry
Industry Median: 31.73 vs MMSI: 39.45

Merit Medical Systems's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.93. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.86.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Merit Medical Systems was 62.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -3.90% per year.

During the past 13 years, Merit Medical Systems's highest 3-Year average Free Cash Flow per Share Growth Rate was 92.20% per year. The lowest was -49.70% per year. And the median was 2.30% per year.


Merit Medical Systems Price-to-Free-Cash-Flow Historical Data

The historical data trend for Merit Medical Systems's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Merit Medical Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 26.53 30.69 61.62 40.88

Merit Medical Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 61.62 65.15 107.09 58.94 40.88

Competitive Comparison of Merit Medical Systems's Price-to-Free-Cash-Flow

For the Medical Instruments & Supplies subindustry, Merit Medical Systems's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Merit Medical Systems's Price-to-Free-Cash-Flow falls into.



Merit Medical Systems Price-to-Free-Cash-Flow Calculation

Merit Medical Systems's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=73.38/1.858
=39.49

Merit Medical Systems's Share Price of today is $73.38.
Merit Medical Systems's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.86.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Merit Medical Systems  (NAS:MMSI) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Merit Medical Systems Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Merit Medical Systems's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Merit Medical Systems (Merit Medical Systems) 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.
Executives
F. Ann Millner director 4275 SPRING ROAD, OGDEN UT 84403
Neil Peterson officer: Chief Operating Officer 1600 MERIT PARKWAY, SOUTH JORDAN UT 84095
A Scott Anderson director ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Michel James Voigt officer: Chief Human Resources Officer 1600 W MERIT PARKWAY, SOUTH JORDAN UT 84095
Fred P Lampropoulos director, officer: President & CEO
Lynne Ward director 1600 WEST MERIT PARKWAY, SOUTH JORDAN UT 84095
Raul Jr. Parra officer: Interim CFO 1600 WEST MERIT PARKWAY, SOUTH JORDAN UT 84095
Joseph Wright officer: President, International 1600 WEST MERIT PARKWAY, SOUTH JORDAN UT 84095
Brian G. Lloyd officer: Chief Legal Officer, Secretary 1600 WEST MERIT PARKWAY, SOUTH JORDAN UT 84095
Ronald Frost officer: Chief Operating Officer 1600 WEST MERIT PARKWAY, SOUTH JORDAN X1 84095
Robert Fredericks officer: Chief Strategy & Innovation O. 1600 MERIT PARKWAY, SOUTH JORDAN UT 84095
Laura S. Kaiser director 10101 WOODFIELD LANE, ST. LOUIS MO 63132
Michael R Mcdonnell director C/O IQVIA HOLDINGS INC., 83 WOOSTER HEIGHTS ROAD, DANBURY CT 06810
Jill Anderson director 1600 WEST MERIT PARKWAY, SOUTH JORDAN UT 84095
Stephen C. Evans director C/O ALARM.COM HOLDINGS, INC., 8281 GREENSBORO DRIVE, SUITE 100, TYSONS VA 22102