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Merit Medical Systems, Inc. MMSI NASDAQ

NASDAQ Global Select • Healthcare • Medical - Instruments & Supplies • US • USD

SharesGrow Score
70/100
3/7 Pass
SharesGrow Intrinsic Value
$127.25
+80.4%
Analyst Price Target
$100.67
+42.7%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Merit Medical Systems, Inc. (MMSI) trades at a trailing P/E of 31.4, forward P/E of 17.5. Trailing earnings yield is 3.18%, forward earnings yield 5.73%. PEG 6.41. Graham Number is $36.06.

Criteria proven by this page:

  • VALUE (40/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
  • Forward P/E 17.5 (down from trailing 31.4) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 6.41 — above 2.0 suggests expensive relative to earnings growth.
  • Trailing Earnings Yield 3.18% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 5.73% as earnings recover.
  • Analyst consensus target $100.67 (+42.7% upside) — significant upside potential according to Wall Street analysts.

Overall SharesGrow Score: 70/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
70/100
SG Score
View full scorecard →
~
VALUE
40/100
Price-to-Earnings & upside
Proven by this page
FUTURE
85/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
~
HEALTH
67/100
Debt-to-Equity & liquidity
→ Health
~
MOAT
67/100
→ Income
GROWTH
83/100
→ Income
~
INCOME
45/100
→ Income

Valuation Snapshot — MMSI

Valuation Multiples
P/E (TTM)31.4
Forward P/E17.5
PEG Ratio6.41
Forward PEG0.19
P/B Ratio2.55
P/S Ratio2.67
EV/EBITDA13.5
Per Share Data
EPS (TTM)$2.17
Forward EPS (Est.)$4.04
Book Value / Share$26.70
Revenue / Share$25.54
FCF / Share$4.25
Yields & Fair Value
Earnings Yield3.18%
Forward Earnings Yield5.73%
Dividend Yield0.00%
Graham Number$36.06
SharesGrow IV$127.25 (+80.4%)
Analyst Target$100.67 (+42.7%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 58.5 -3.51 2.36 1.95 -
2017 76.6 3.13 3.12 2.90 -
2018 69.4 1.62 3.13 3.30 -
2019 315.4 -3.60 1.81 1.73 -
2020 -312.6 1.11 3.21 3.19 -
2021 72.2 -0.12 3.36 3.25 -
2022 53.8 1.03 3.51 3.49 -
2023 46.3 1.84 3.64 3.48 -
2024 46.8 1.78 4.08 4.15 -
2025 40.6 8.40 3.29 3.44 -

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $0.45 $603.84M $20.12M 3.3%
2017 $0.55 $727.85M $27.52M 3.8%
2018 $0.78 $882.75M $42.02M 4.8%
2019 $0.10 $994.85M $5.45M 0.5%
2020 $-0.18 $963.88M $-9.84M -1%
2021 $0.84 $1.07B $48.45M 4.5%
2022 $1.29 $1.15B $74.52M 6.5%
2023 $1.62 $1.26B $94.41M 7.5%
2024 $2.03 $1.36B $120.36M 8.9%
2025 $2.13 $1.52B $128.49M 8.5%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $4.06 $4.02 – $4.07 $1.62B $1.61B – $1.63B 7
2027 $4.39 $4.32 – $4.52 $1.71B $1.69B – $1.73B 7
2028 $4.65 $4.33 – $4.96 $1.8B $1.79B – $1.81B 2
2029 $4.97 $4.91 – $5.04 $1.92B $1.91B – $1.95B 1
2030 $5.23 $5.16 – $5.31 $2.06B $2.04B – $2.08B 1
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