Merit Medical SystemsFRA:MM3 +2.56%86 Median PS Value is €72.77 as of Jun. 26, 2026, which is 100% below its 10-year median of 1.45. GuruFocus rates FRA:MM3 with a GF Score™ of 86/100 and a GF Value™ of €81.90 (Modestly Undervalued). Among 338 Medical Devices & Instruments companies, Merit Medical Systems ranks worse than 62.72% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Merit Medical Systems's Median PS Value or its related term are showing as below:
FRA:MM3'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.8 Med: 1.45 Max: 2.4
Current: 0.82
During the past 13 years, the highest Price to Median PS Value of Merit Medical Systems was 2.40. The lowest was 0.80. And the median was 1.45.
FRA:MM3's Price-to-Median-PS-Value is ranked worse than 62.72% of 338
companies
in the Medical Devices & Instruments industry
Industry Median: 0.71
vs FRA:MM3: 0.82
Merit Medical Systems (FRA:MM3) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Merit Medical Systems's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
60.00
/
72.77
=
0.82
* 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 Median PS Value Related Terms
Merit Medical Systems Median PS Value Historical Data
* Premium members only.
The historical data trend for Merit Medical Systems's Median PS Value 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: Median PS Value Comparison
For the Medical Instruments & Supplies subindustry, Merit Medical Systems's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Merit Medical Systems's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.3016.
Merit Medical Systems's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €22.041.
* 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 Median PS Value of €72.77 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Merit Medical Systems and its competitors. This is 4919% above median its historical median of 1.45. Over the past decade, Merit Medical Systems' Median PS Value has ranged from 0.80 to 2.40. According to the industry distribution chart, Merit Medical Systems ranks #212 out of 338 companies in the Medical Devices & Instruments industry, placing it in the top 62.7%.
Is Merit Medical Systems' Median PS Value too high?
Merit Medical Systems' current Median PS Value of €72.77 is 4919% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.40. Based on the distribution chart, Merit Medical Systems ranks #212 out of 338 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. 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' Median PS Value compare to NVST and MMED?
According to the Medical Devices & Instruments industry distribution chart, Merit Medical Systems ranks #212 out of 338 companies for Median PS Value. This places Merit Medical Systems in the lower half of its industry. The industry median Median PS Value is 0.71. Historically, Merit Medical Systems' own Median PS Value has ranged from 0.80 to 2.40 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Medical Devices & Instruments company?
The median Median PS Value among Medical Devices & Instruments companies is 0.71, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Merit Medical Systems and its competitors. For the Medical Devices & Instruments industry, the median Median PS Value is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merit Medical Systems's current Median PS Value is €72.77, which is 4919% above median its own 10-year median of 1.45. 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 €81.90, compared to a current price of €60.00 — trading 26.7% below its estimated fair value. The current Median PS Value is €72.77, which is 4919% above median its 10-year median of 1.45. 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 Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Merit Medical Systems (FRA:MM3), the current Median PS Value is €72.77 as of Jun. 26, 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 26.7% below its estimated GF Value™ of €81.90.
GuruFocus considers Merit Medical Systems to be Modestly Undervalued.
Key valuation signals for FRA:MM3:
Median PS Value: €72.77 (4919% above median its 10-year median of 1.45)
GF Value™: €81.90 vs. price of €60.00 (26.7% 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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