NAS:CNMD (USA) Also trade in: Germany

Conmed Corp

$ 81.43 0.44 (0.54%)
On watch
Volume: 125,618 Avg Vol (1m): 290,229
Market Cap $: 2.30 Bil Enterprise Value $: 3.09 Bil
P/E (TTM): 75.40 P/B: 3.40
Earnings Power Value 12.71
Net Current Asset Value -23.32
Tangible Book -16.16
Projected FCF 34.12
Median P/S Value 41.72
Graham Number 0
Peter Lynch Value 5.49
DCF (FCF Based) 17.9
DCF (Earnings Based) 16.67
1Y (-%)

Financial Strength : 5/10

GuruFocus Financial Strength Rank measures how strong a company's financial situation is . It is based on these factors
1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
Current vs industry vs history
Cash-to-Debt 0.03
Cash-To-Debt ranked lower than
95.76% of 330 companies
in the Medical Devices industry.
Industry Max: 504099, Med: 2.32, Min: -16.34
CNMD: 0.03
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0, Med: 0.06, Max: 10000
Current: 0.03
0
10000
Equity-to-Asset 0.39
Equity-to-Asset ranked lower than
72.49% of 309 companies
in the Medical Devices industry.
Industry Max: 0.99, Med: 0.63, Min: -24.4
CNMD: 0.39
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.29, Med: 0.54, Max: 0.93
Current: 0.39
0.29
0.93
Debt-to-Equity 1.18
Debt-to-Equity ranked lower than
83.18% of 220 companies
in the Medical Devices industry.
Industry Max: 11.69, Med: 0.3, Min: 0.01
CNMD: 1.18
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0, Med: 0.52, Max: 2.24
Current: 1.18
0
2.24
Debt-to-EBITDA 6.53
Debt-to-EBITDA ranked lower than
78.48% of 158 companies
in the Medical Devices industry.
Industry Max: 3384.46, Med: 1.98, Min: 0.02
CNMD: 6.53
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 1.45, Med: 2.9, Max: 6.53
Current: 6.53
1.45
6.53
Interest Coverage 2.61
Interest Coverage ranked lower than
91.98% of 212 companies
in the Medical Devices industry.
Industry Max: 10000, Med: 66.37, Min: 0.03
CNMD: 2.61
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 2.45, Med: 5.76, Max: 11.86
Current: 2.61
2.45
11.86
Piotroski F-Score 6
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 2.42
DISTRESS
GREY
SAFE
Beneish M-Score -2.48
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 4.85%
WACC 6.59%

Profitability & Growth : 7/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 7.50
Operating Margin ranked higher than
58.33% of 312 companies
in the Medical Devices industry.
Industry Max: 1148.46, Med: 1.96, Min: -47867.72
CNMD: 7.5
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 4.07, Med: 7.27, Max: 9.46
Current: 7.5
4.07
9.46
Net Margin % 3.56
Net Margin ranked higher than
67.63% of 312 companies
in the Medical Devices industry.
Industry Max: 15538.12, Med: 1.4, Min: -45900
CNMD: 3.56
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 0.1, Med: 4.3, Max: 6.97
Current: 3.56
0.1
6.97
ROE % 4.73
ROE ranked higher than
69.74% of 304 companies
in the Medical Devices industry.
Industry Max: 51.97, Med: 0.95, Min: -2921.66
CNMD: 4.73
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 0.13, Med: 5.33, Max: 9.16
Current: 4.73
0.13
9.16
ROA % 2.17
ROA ranked higher than
66.57% of 332 companies
in the Medical Devices industry.
Industry Max: 1204.95, Med: -0.26, Min: -2520.55
CNMD: 2.17
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 0.08, Med: 2.97, Max: 4.13
Current: 2.17
0.08
4.13
ROC (Joel Greenblatt) % 19.84
ROC (Joel Greenblatt) ranked higher than
63.61% of 327 companies
in the Medical Devices industry.
Industry Max: 8175, Med: 3.87, Min: -323166.67
CNMD: 19.84
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 2.06, Med: 15.3, Max: 22.54
Current: 19.84
2.06
22.54
3-Year Total Revenue Growth Rate 6.10
3-Year Revenue Growth Rate ranked lower than
56.69% of 254 companies
in the Medical Devices industry.
Industry Max: 300.7, Med: 4.3, Min: -100
CNMD: 4.8
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -1.2, Med: 6.3, Max: 40.8
Current: 4.8
-1.2
40.8
3-Year Total EBITDA Growth Rate 11.90
3-Year EBITDA Growth Rate ranked lower than
56.03% of 232 companies
in the Medical Devices industry.
Industry Max: 109.5, Med: 7.5, Min: -344.2
CNMD: 10.5
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -44.2, Med: 3.9, Max: 139.3
Current: 10.5
-44.2
139.3
3-Year EPS w/o NRI Growth Rate 9.00
3-Year EPS w/o NRI Growth Rate ranked higher than
66.37% of 223 companies
in the Medical Devices industry.
Industry Max: 241, Med: 7.8, Min: -413
CNMD: 9
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 6, Max: 238.2
Current: 9
0
238.2

» CNMD's 30-Y Financials

Financials (Next Earnings Date: 2019-08-01)

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Business Description

Industry Medical Devices » Medical Devices    NAICS : 334510    SIC : 3845
Compare NYSE:ITGR OCSE:OSSR TSE:6849 TSE:8086 TSE:3360 NAS:INGN NYSE:NVRO XSWX:MOVE XSWX:TECN SZSE:300633 XSWX:YPSN HKSE:00853 TSE:7817 NAS:NUVA TSE:7575 NAS:CSII NAS:SILK SZSE:002317 NAS:SWAV NYSE:INSP
Traded in other countries EC8.Germany
Address 525 French Road, Utica, NY, USA, 13502
Conmed Corporation is a Utica, New York-based medical equipment company that focuses on sports medicine procedures and general surgery. The firm currently reports through two reporting units, Orthopedic Surgery (55% of 2016 sales) and General Surgery (45%). From a geographic perspective the firm is U.S. centric, with domestic sales accounting for 52% of 2016 revenue, EMEA accounting for 19%, APAC at 17%, and the non-U.S. Americas region driving the remaining 12%.

Ratios

Current vs industry vs history
PE Ratio (TTM) 75.40
PE Ratio ranked lower than
52.22% of 180 companies
in the Medical Devices industry.
Industry Max: 8940, Med: 30.17, Min: 0.06
CNMD: 75.4
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 9.85, Med: 35.52, Max: 1523.5
Current: 75.4
9.85
1523.5
Forward PE Ratio 33.22
Forward P/E ranked lower than
59.62% of 52 companies
in the Medical Devices industry.
Industry Max: 454.55, Med: 25.06, Min: 3.33
CNMD: 33.22
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 75.40
PE without NRI ranked lower than
51.96% of 179 companies
in the Medical Devices industry.
Industry Max: 8940, Med: 30.17, Min: 0.06
CNMD: 75.4
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 9.85, Med: 35.52, Max: 1523.5
Current: 75.4
9.85
1523.5
Price-to-Owner-Earnings 144.12
Price-to-Owner-Earnings ranked lower than
61.54% of 104 companies
in the Medical Devices industry.
Industry Max: 10850, Med: 32.03, Min: 0.73
CNMD: 144.12
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 8.55, Med: 32.13, Max: 354.61
Current: 144.12
8.55
354.61
PB Ratio 3.40
PB Ratio ranked higher than
52.26% of 310 companies
in the Medical Devices industry.
Industry Max: 1180, Med: 3.06, Min: 0.07
CNMD: 3.4
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.61, Med: 1.72, Max: 3.5
Current: 3.4
0.61
3.5
PS Ratio 2.73
PS Ratio ranked higher than
62.59% of 294 companies
in the Medical Devices industry.
Industry Max: 1136.36, Med: 3.15, Min: 0.05
CNMD: 2.73
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.48, Med: 1.38, Max: 2.78
Current: 2.73
0.48
2.78
Price-to-Free-Cash-Flow 81.11
Price-to-Free-Cash-Flow ranked lower than
57.01% of 107 companies
in the Medical Devices industry.
Industry Max: 3239, Med: 26.44, Min: 5.07
CNMD: 81.11
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 7.43, Med: 26.91, Max: 22370
Current: 81.11
7.43
22370
Price-to-Operating-Cash-Flow 51.46
Price-to-Operating-Cash-Flow ranked lower than
63.78% of 127 companies
in the Medical Devices industry.
Industry Max: 1586.78, Med: 20.01, Min: 3.03
CNMD: 51.46
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 6.19, Med: 19.11, Max: 132.61
Current: 51.46
6.19
132.61
EV-to-EBIT 50.35
EV-to-EBIT ranked lower than
81.61% of 174 companies
in the Medical Devices industry.
Industry Max: 18456.56, Med: 24.76, Min: 0.63
CNMD: 50.35
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 7.9, Med: 28.4, Max: 118.5
Current: 50.35
7.9
118.5
EV-to-EBITDA 24.69
EV-to-EBITDA ranked lower than
56.91% of 188 companies
in the Medical Devices industry.
Industry Max: 18456.56, Med: 18.14, Min: 0.62
CNMD: 24.69
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 5.5, Med: 13.8, Max: 25.7
Current: 24.69
5.5
25.7
EV-to-Revenue 3.57
EV-to-Revenue ranked higher than
59.87% of 309 companies
in the Medical Devices industry.
Industry Max: 17078.6, Med: 3.73, Min: 0.05
CNMD: 3.57
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.7, Med: 1.6, Max: 3.7
Current: 3.57
0.7
3.7
PEG Ratio 21.34
PEG Ratio ranked lower than
100.00% of 77 companies
in the Medical Devices industry.
Industry Max: 804, Med: 2.53, Min: 0.14
CNMD: 21.34
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 1.27, Med: 8.61, Max: 204.67
Current: 21.34
1.27
204.67
Shiller PE Ratio 73.85
Shiller PE Ratio ranked lower than
58.62% of 58 companies
in the Medical Devices industry.
Industry Max: 636.22, Med: 49.95, Min: 2.03
CNMD: 73.85
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 10.35, Med: 39.55, Max: 75.91
Current: 73.85
10.35
75.91
Current Ratio 2.58
Current Ratio ranked lower than
53.40% of 324 companies
in the Medical Devices industry.
Industry Max: 563.8, Med: 2.71, Min: 0.03
CNMD: 2.58
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 1.37, Med: 3.37, Max: 14.72
Current: 2.58
1.37
14.72
Quick Ratio 1.45
Quick Ratio ranked lower than
67.28% of 324 companies
in the Medical Devices industry.
Industry Max: 563.8, Med: 2.03, Min: 0.02
CNMD: 1.45
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.48, Med: 1.62, Max: 9.67
Current: 1.45
0.48
9.67
Days Inventory 142.04
Days Inventory ranked higher than
52.04% of 294 companies
in the Medical Devices industry.
Industry Max: 990.33, Med: 143.61, Min: 0.63
CNMD: 142.04
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 138.33, Med: 157.13, Max: 177.86
Current: 142.04
138.33
177.86
Days Sales Outstanding 71.75
Days Sales Outstanding ranked lower than
58.70% of 276 companies
in the Medical Devices industry.
Industry Max: 907.73, Med: 69.21, Min: 0.13
CNMD: 71.75
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 63.77, Med: 68.11, Max: 77.09
Current: 71.75
63.77
77.09
Days Payable 50.36
Days Payable ranked lower than
65.52% of 261 companies
in the Medical Devices industry.
Industry Max: 912.5, Med: 58.34, Min: 1
CNMD: 50.36
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 22.06, Med: 27.69, Max: 50.36
Current: 50.36
22.06
50.36

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 0.98
Trailing Dividend Yield ranked higher than
52.36% of 212 companies
in the Medical Devices industry.
Industry Max: 231.62, Med: 1.12, Min: 0.05
CNMD: 0.98
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.5, Med: 1.61, Max: 2.22
Current: 0.98
0.5
2.22
Dividend Payout Ratio 0.74
Dividend Payout Ratio ranked higher than
91.27% of 126 companies
in the Medical Devices industry.
Industry Max: 5.3, Med: 0.32, Min: 0.03
CNMD: 0.74
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.41, Med: 0.57, Max: 1.54
Current: 0.74
0.41
1.54
Forward Dividend Yield % 0.99
Forward Dividend Yield ranked lower than
56.65% of 203 companies
in the Medical Devices industry.
Industry Max: 231.62, Med: 1.48, Min: 0.05
CNMD: 0.99
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 1.14
Yield-on-Cost (5y) ranked higher than
58.37% of 257 companies
in the Medical Devices industry.
Industry Max: 231.62, Med: 1.52, Min: 0.05
CNMD: 1.14
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.58, Med: 1.87, Max: 2.57
Current: 1.14
0.58
2.57
3-Year Share Buyback Rate -0.50
3-Year Share Buyback Rate ranked higher than
77.87% of 244 companies
in the Medical Devices industry.
Industry Max: 19.2, Med: -5.7, Min: -1393.3
CNMD: -0.5
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -18.8, Med: -0.5, Max: 1.3
Current: -0.5
-18.8
1.3

Valuation & Return

Current vs industry vs history
Price-to-Projected-FCF 2.39
Price-to-Intrinsic-Value-Projected-FCF ranked higher than
66.12% of 121 companies
in the Medical Devices industry.
Industry Max: 89.64, Med: 2.44, Min: 0.43
CNMD: 2.39
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.5, Med: 1.18, Max: 3.74
Current: 2.39
0.5
3.74
Price-to-DCF (Earnings Based) 4.88
Price-to-Intrinsic-Value-DCF (Earnings Based) ranked lower than
100.00% of 27 companies
in the Medical Devices industry.
Industry Max: 8.18, Med: 2.06, Min: 0.66
CNMD: 4.88
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
Price-to-Intrinsic-Value-DCF (Earnings Based) range over the past 10 years
Min: 0.88, Med: 1.81, Max: 9.43
Current: 4.88
0.88
9.43
Price-to-Median-PS-Value 1.95
Price-to-Median-PS-Value ranked lower than
84.81% of 237 companies
in the Medical Devices industry.
Industry Max: 20.13, Med: 1.02, Min: 0.02
CNMD: 1.95
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.39, Med: 0.94, Max: 2.56
Current: 1.95
0.39
2.56
Price-to-Peter-Lynch-Fair-Value 14.83
Price-to-Peter-Lynch-Fair-Value ranked lower than
100.00% of 47 companies
in the Medical Devices industry.
Industry Max: 26.18, Med: 2.05, Min: 0.43
CNMD: 14.83
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
Price-to-Peter-Lynch-Fair-Value range over the past 10 years
Min: 0.38, Med: 1.87, Max: 111.61
Current: 14.83
0.38
111.61
Earnings Yield (Joel Greenblatt) % 2.01
Earnings Yield (Greenblatt) ranked higher than
57.53% of 332 companies
in the Medical Devices industry.
Industry Max: 158.73, Med: 0.74, Min: -2500
CNMD: 2.01
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 0.8, Med: 3.5, Max: 12.6
Current: 2.01
0.8
12.6
Forward Rate of Return (Yacktman) % 6.87
Forward Rate of Return ranked lower than
71.20% of 125 companies
in the Medical Devices industry.
Industry Max: 78.28, Med: 6.6, Min: -76.71
CNMD: 6.87
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -6.3, Med: 6.5, Max: 20.5
Current: 6.87
-6.3
20.5

More Statistics

Revenue (TTM) (Mil) $ 875.95
EPS (TTM) $ 1.08
Beta 0.72
Volatility % 25.96
52-Week Range $ 56.91 - 85.91
Shares Outstanding (Mil) 28.23

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 6
Positive ROA Y
Positive CFROA Y
Higher ROA yoy N
CFROA > ROA Y
Lower Leverage yoy N
Higher Current Ratio yoy Y
Less Shares Outstanding yoy N
Higher Gross Margin yoy Y
Higher Asset Turnover yoy Y