Merit Medical Systems Inc
NASDAQ:MMSI

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Merit Medical Systems Inc
NASDAQ:MMSI
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Price: 96.02 USD 0.14% Market Closed
Market Cap: 5.6B USD
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Relative Value

The Relative Value of one MMSI stock under the Base Case scenario is 115.58 USD. Compared to the current market price of 96.02 USD, Merit Medical Systems Inc is Undervalued by 17%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MMSI Relative Value
Base Case
115.58 USD
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
32
Median 3Y
3.5
Median 5Y
3.4
Industry
2.3
Forward
4.1
vs History
53
vs Industry
9
Median 3Y
50.4
Median 5Y
50.4
Industry
23
Forward
28.1
vs History
36
vs Industry
13
Median 3Y
28.3
Median 5Y
26.2
Industry
14.3
vs History
71
vs Industry
36
Median 3Y
35.6
Median 5Y
87.8
Industry
20
vs History
0
vs Industry
21
Median 3Y
3.6
Median 5Y
3.5
Industry
2.2
vs History
0
vs Industry
29
Median 3Y
3.7
Median 5Y
3.6
Industry
2.4
Forward
4.2
vs History
0
vs Industry
25
Median 3Y
8
Median 5Y
8
Industry
5
vs History
17
vs Industry
14
Median 3Y
23.2
Median 5Y
23.2
Industry
12.9
Forward
18.4
vs History
69
vs Industry
9
Median 3Y
39.7
Median 5Y
47.6
Industry
17.4
Forward
22.7
vs History
41
vs Industry
13
Median 3Y
29.6
Median 5Y
27.6
Industry
14
vs History
52
vs Industry
12
Median 3Y
40.5
Median 5Y
37.2
Industry
18.2
vs History
1
vs Industry
26
Median 3Y
2.7
Median 5Y
2.5
Industry
1.9

Multiples Across Competitors

MMSI Competitors Multiples
Merit Medical Systems Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Merit Medical Systems Inc
NASDAQ:MMSI
5.6B USD 4.2 46.6 23.2 38.1
JP
Hoya Corp
TSE:7741
6.8T JPY 8.3 34.8 22.9 27.6
CH
Alcon AG
SIX:ALC
37.8B CHF 4.3 36 17.7 34.3
DK
Coloplast A/S
CSE:COLO B
175.9B DKK 6.5 34.8 22.4 26.4
US
Align Technology Inc
NASDAQ:ALGN
16.3B USD 4.1 37 18.7 22.5
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
52.2B CNY 11.8 28.2 24.5 24.5
KR
HLB Inc
KOSDAQ:028300
10.1T KRW 194.6 -54.4 -83.7 -79
US
Lantheus Holdings Inc
NASDAQ:LNTH
6.5B USD 4.4 15.3 10.5 11.9
CA
Bausch + Lomb Corp
NYSE:BLCO
6.4B USD 1.4 -17.3 16.7 55.9
UK
ConvaTec Group PLC
LSE:CTEC
4.5B GBP 2.6 37.1 266.5 465.5
CH
Ypsomed Holding AG
SIX:YPSN
4.7B CHF 7.6 62.9 30.4 57.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Merit Medical Systems Inc
NASDAQ:MMSI
Average EV/EBITDA: 45.4
23.2
22%
1.1
JP
Hoya Corp
TSE:7741
22.9
15%
1.5
CH
Alcon AG
SIX:ALC
17.7
10%
1.8
DK
Coloplast A/S
CSE:COLO B
22.4
11%
2
US
Align Technology Inc
NASDAQ:ALGN
18.7
15%
1.2
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
24.5
27%
0.9
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -83.7 N/A N/A
US
Lantheus Holdings Inc
NASDAQ:LNTH
10.5
11%
1
CA
Bausch + Lomb Corp
NYSE:BLCO
16.7
22%
0.8
UK
ConvaTec Group PLC
LSE:CTEC
266.5
12%
22.2
CH
Ypsomed Holding AG
SIX:YPSN
30.4
35%
0.9