CNMDCONMED Corporation

$50.47

Is the price fair?

What CNMD's price assumes

CONMED Corporation trades at 33.4× earnings against 33.4× for the median Medical Devices name, cheaper than its own group.

33.4

Trailing P/E · Medical Devices median 33.4 · cheaper than the typical name in its group

Price / sales
1.08

Price / sales · as of 2025-Q3

Free cash flow yield
14%

Free cash flow yield · Medical Devices median 4.0%

Growth the price implies
−8.8%

Growth the price implies · The price pays for −8.8% free cash flow growth a year for a decade; the business has delivered +135% a year over the last three.

Details
Price / book2025-Q3
1.45
Healthcare median P/E362 names
31.5
Medical Devices median P/E39 names
33.4
Free cash flow, trailing twelve months
$151M
Market capitalisation
$1.04B
3-year revenue growth
+9.6%
3-year free cash flow growth
+135%
CNMD has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 20.1× today against a 44.0× median
52-week range$32.11 – $55.60
Today$50.47

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.