LMATLeMaitre Vascular, Inc.
Is the price fair?
The yardsticks disagree: cheap against its own 5-year P/E range (10th percentile) but the cash-flow math implies demanding growth. Treat as fair, not cheap.
Priced for ~11% a year FCF growth. The price already bakes in strong, sustained growth.
Cheap vs its own history: P/E 28.3 vs a 38.3 median over 41 quarters (−26% vs median).
Sector median 22.6× across 130 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What LMAT's price assumes
LeMaitre Vascular, Inc. trades at 28.3× earnings against 39.6× for the median Medical Instruments & Supplies name, cheaper than its own group.
Trailing P/E · Medical Instruments & Supplies median 39.6 · cheaper than the typical name in its group
- Price / sales
- 8.60
Price / sales · today's price, fiscal year to Dec 31, 2025
- Free cash flow yield
- 3.4%
Free cash flow yield · Medical Instruments & Supplies median 3.4%
- Growth the price implies
- +11%
Growth the price implies · The price pays for +11% free cash flow growth a year for a decade; the business has delivered +57% a year over the last three.
Details›
- Price / booktoday's price, fiscal year to Dec 31, 2025
- 5.45
- EV / EBITtoday's price, fiscal year to Dec 31, 2025
- 26.3
- EV / salestoday's price, fiscal year to Dec 31, 2025
- 7.16
- Healthcare median P/E509 names
- 26.2
- Medical Instruments & Supplies median P/E33 names
- 39.6
- Free cash flow, trailing twelve months
- $74M
- Market capitalisation
- $2.15B
- 3-year free cash flow growth
- +57%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $94.46 |
| Its own P/E history, median | $109.20 |
| Its own P/E history, upper quartile | $122.82 |
| 52-week range | $78.66 – $117.10 |
| Today | $80.67 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Medical Instruments & Supplies
Ranks #2 of 21 by RyuScore