Is the price fair?
What MMSI's price assumes
Merit Medical Systems, Inc. trades at 39.0× earnings against 42.5× for the median Medical Instruments & Supplies name, cheaper than its own group.
39.0
Trailing P/E · Medical Instruments & Supplies median 42.5 · cheaper than the typical name in its group
- Price / sales
- 2.68
Price / sales · as of 2026-Q1
- Free cash flow yield
- 5.5%
Free cash flow yield · Medical Instruments & Supplies median 3.7%
- Growth the price implies
- +4.4%
Growth the price implies · The price pays for +4.4% free cash flow growth a year for a decade; the business has delivered +48% a year over the last three.
Details›
- Price / book2026-Q1
- 2.54
- EV / EBIT2026-Q1
- 23.3
- EV / sales2026-Q1
- 2.84
- Healthcare median P/E362 names
- 31.5
- Medical Instruments & Supplies median P/E29 names
- 42.5
- Free cash flow, trailing twelve months
- $221M
- Market capitalisation
- $4.01B
- 3-year revenue growth
- +9.6%
- 3-year free cash flow growth
- +48%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $110.18 |
| Its own P/E history, median | $123.31 |
| Its own P/E history, upper quartile | $187.43 |
| 52-week range | $60.31 – $93.18 |
| Today | $90.50 |
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 #14 of 27 by Smart Score