MMSIMerit Medical Systems, Inc.

$90.50

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%
What the market has paid for these earnings: 28 quarters of its own multiple × $2.32 of trailing earnings per share
MethodPer 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.