Merit Medical SystemsFRA:MM3 +2.56%86 FCF Margin % is 6.26% as of Mar. 2026, which is 13% below its 10-year median of 7.19. GuruFocus rates FRA:MM3 with a GF Score™ of 86/100 and a GF Value™ of €81.73 (Modestly Undervalued). Among 815 Medical Devices & Instruments companies, Merit Medical Systems ranks better than 82.82% on this metric.
The historical rank and industry rank for Merit Medical Systems's FCF Margin % or its related term are showing as below:
FRA:MM3'
s FCF Margin % Range Over the Past 10 Years
Min: -0.37 Med: 7.19 Max: 14.08
Current: 14.08
During the past 13 years, the highest FCF Margin % of Merit Medical Systems was 14.08%. The lowest was -0.37%. And the median was 7.19%.
FRA:MM3's FCF Margin % is ranked better than 82.82% of 815
companies
in the Medical Devices & Instruments industry
Industry Median: -0.1
vs FRA:MM3: 14.08
Merit Medical Systems FCF Margin % Related Terms
Merit Medical Systems FCF Margin % Historical Data
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The historical data trend for Merit Medical Systems's FCF Margin % 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.
FRA:MM3 vs NVST, MMED, ICUI: FCF Margin % Comparison
For the Medical Instruments & Supplies subindustry, Merit Medical Systems's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Merit Medical Systems's FCF Margin % falls into.
* 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) has a FCF Margin % of 6.26% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Merit Medical Systems and its competitors. This is 13% below median its historical median of 7.19. According to the industry distribution chart, Merit Medical Systems ranks #140 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 17.2%.
Is Merit Medical Systems' FCF Margin % too high?
Merit Medical Systems' current FCF Margin % of 6.26% is 13% below median its 10-year median of 7.19. Based on the distribution chart, Merit Medical Systems ranks #140 out of 815 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Merit Medical Systems has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Medical Systems' FCF Margin % compare to NVST and MMED?
According to the Medical Devices & Instruments industry distribution chart, Merit Medical Systems ranks #140 out of 815 companies for FCF Margin %. This places Merit Medical Systems in the top 17% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Medical Devices & Instruments company?
A good FCF Margin % depends on the Medical Devices & Instruments industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Merit Medical Systems and its competitors. Merit Medical Systems's current FCF Margin % is 6.26%, which is 13% below median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Medical Systems stock overvalued right now?
Based on GuruFocus' analysis, Merit Medical Systems (FRA:MM3) is currently considered Modestly Undervalued. The stock's GF Value™ is €81.73, compared to a current price of €60.00 — trading 26.6% below its estimated fair value. The current FCF Margin % is 6.26%, which is 13% below median its 10-year median of 7.19. Merit Medical Systems' overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Merit Medical Systems (FRA:MM3), the current FCF Margin % is 6.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Merit Medical Systems (FRA:MM3) Overvalued in 2026?
Based on GuruFocus' analysis, Merit Medical Systems stock appears to be undervalued.
The current stock price of €60.00 is trading 26.6% below its estimated GF Value™ of €81.73.
GuruFocus considers Merit Medical Systems to be Modestly Undervalued.
Key valuation signals for FRA:MM3:
FCF Margin %: 6.26% (13% below median its 10-year median of 7.19)
GF Value™: €81.73 vs. price of €60.00 (26.6% below fair value)
No single metric tells the full story. See the FRA:MM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.
86GF Score
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